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MovingAverage

Just a retail hack
Joined
23 January 2010
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Happy Monday Y'all (gotta try and be upbeat in these troubling times),

So all my systems are off and I'm 100% cash (no surprises there, right). Anyway, I found myself with a bit of spare time these days so I thought to myself instead of picking useless fights with forum trolls I'd bring my swing system back online--will only be paper trading it as mentally I'm not tough enough to live trade in this market.

My swing system is still flagging setups so paper trading will keep me out of trouble. I'll post shortly about this morning's setups.

@qldfrog...I ran some preliminary sims over the weekend with that modified weekly system I mentioned to you. I'll put up the results for you soon on your thread.

Stay safe all.
 
Okey dokey folks...I'm assuming my hypothetical capital is all cash with no open positions so I'm currently looking for 5 setups. My system has only flagged one set up for tomorrow--it is ELD. Let's see what tomorrows price action brings and if it triggers. Now I'm definitely no candlestick guy but today's ELD candle sure resembles a long legged doji (my system doesn't use candle patterns but this is just my own observation). We all know we live is very crazy times but conventional wisdom reckons the long legged doji in a down trend may well be the harbinger of a upward trend. Oh, and today's doji while the close is not below the bottom BB is it very close. Conventional wisdom is probably completely irrelevant in today's world. Thank goodness I'm only paper trading.
 
ELD triggered for me today...got in (on paper) at avg of around $7.30. Time to hold on for the ride I guess.
 
ELD flagged as a sell tomorrow, so might pick up a small profit--let's see how we do. No new setups for tomorrow
 
MovingAverage said:
ELD flagged as a sell tomorrow, so might pick up a small profit--let's see how we do. No new setups for tomorrow
Click to expand...

@MovingAverage

The $7.00 mark would seem to be offering some reasonable support....it may just be worthwhile waiting to see what shakes out tomorrow.

Cheers, Rob
 
My system has no open positions so I'm all cash. System has flagged one setup for today and that is SIG. Let's see if it triggers today. Stay safe everyone.
 
SIG didn't trigger for me today. Will do my scan later tonight for tomorrow's setups
 
No set ups for today.

While I didn't have the mental strength to trade my system during March and this horrendous month is almost behind us I thought it would be interesting to back test my system over March to see how it would have performed. I'll run some sims tonight and post up the results.
 
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