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Mechanism of Intraday Drops and Bounces The strategy xBars is buying stocks on sharp intraday drops. As it is a known fact that the market has been growing on average for the last 200 years, buying on sharp drops does not seem a bad idea. The questions are when it is worth buying on a...

12-19-2012 See all deals >> Today's results are typical for this scenario. All day long slow-bleeding downtrend with the close at the lows. Usually, there are not that many deals days like that and a small loss at the end. Yesterday, we could even close with the small profit but...

12-18-2012 See all deals >> Same all, same all. Trend up, few deals, small profit. Very common scenario.

12-17-2012 See all deals >> There was a standard scenario for the up market when we got several XBars . Statistically, day like that ends up in a small profit like we had today.

In this case, demo means for demonstration. All reports in this topic are from real time traded accounts. Sterling's demo accounts are way off from the real ones in the sense of prices and execution. With Regards, AntTrader

12-14-2012 See all deals >> There was another strong divergence day between index and stocks. We had a buy in the morning on pattern Toughie and several XBars during the day. The market did not follow up the strong stocks again and closed near its lows. It did not work out...

That is exactly what we are talking about. Last bars of the day often is the high of the day. That is why it makes sense to hold positions till the close. Of course, the displayed diagrams are not going to be nominated for Noble prize, but some traders can find it curious.

12-13-2012 See all deals >> That was not a very good for our scenarios. Mass long entrance pattern Toughie did not work - strong stocks could not handle the pressure of overall market. Thankfully, our broker has some technical issues in the morning and only a partion of positions...

Hi, Steffan We do not measure intraday drops in %,it does not work. Sometimes 3% is too much, sometimes is very little. Therefore, we try to adjust to volatility, using our own methods . When xBars in play, it is very important to work with risk management. On bad days, the first...

Let's split the closing value into four ranges. If we represent NCR form our diagrams in numbers, we see that it closes in its highest 25 percent in 33.5 percent of times during the last 20 years. The difference would be 8.5 percent between real closing and evenly distributed closing...

12-12-2012 See all deals >> That was a rather quite day for our trading robots, despite of heightened volatility second half of the day. Got a decent profit on one trade in JOY. The other trades did not appear to have any significant impact. Small profit for the day.

For example, to hold the long positions right up to the close for Intraday trading knowing the favorable odds during up trend. Better?

All downtrend phases All uptrend phases Based on these NCP distributions, we can draw the following conclusions: Even during downtrend phases of the market, the frequency of closing at High is close to the frequency of closing at Low. During uptrend phases, the...

Uptrend, 2003-2007 Downtrend, 2008 Uptrend, 2009-2012

The below chart shows the index from 1993 until now. Let us divide it into several parts according to the trend direction and consider in detail how the close NCP changes during different market phases. S&P 500 Uptrend, 1993-1999 Downtrend, 2000-2002

Closing Point during Different Market Phases This diagram shows where the index S&P500 (SPY) closed on average during the last twenty years. The closing is expressed as Normalized Close Point (NCP), ranging from 0 to 1. NCP is calculated by the formula: NCP= (Close-Low)/(High-Low)...

12-11-2012 Today our trading robots bought stocks in stocks with news – FDO, DLTR, DG. The statistics indicate that after the sharp drops related to negative news, on average, these stocks have significant bounce later on and seldom close at the lows, even though intraday drops can be...

12-10-2012 The date started with a mass entrance of short positiions - pattern Toughie. The portfolio of shorts started behaving well right away (weaker then general market). Even when the general market went up, we still had a profit. This kind of divergence is the strongest indicator...

12-07-2012 Pretty common scenario for the general market. Got a gap in the morning on the general market, gap got filled then the market bounced. These days few positions would be initiated. In total we had a small profit with no drawdown whatsoever intraday. See all deals >>

12-06-2012 This morning we got a mass entrance of short positions based on divergence between stocks and S&P 500. We had the best profit of $600 at best, but later on stocks got pulled up by the market. The potential of manual closing of positions appeared during market's test of the...