Search results

Hey all. Been away from the board for awhile, but I thought I would try to rejuvanate with some new thoughts and trades that are killing it. These are not mean reversion pairs but negatively correlated and very trendy. Place these trades and just sit back. I call this base line...

Any help

This thread is a joke. Stlouis trader is nothing more than a guy with too much money to burn and time to waste. Dude. You are gambling and have a serious problem. If you are seriously trading with millions of dollars, get smart and create a long term asset allocation strategy and adjust it...

Sounds interesting. Good luck. You may want to take a look at the Opening Orders Journal thread. Same type of strategy but a little different. Basically with the Openings, calculate fair value based on the futures, give your self a a little buffer, place a limit buy or sell opg order an...

Intersting pair. I shorted KGC against Gold. KGC has been abnormally strong.

A few things that might help you guys in pairs... When looking at a chart of pair ratios, determine the time frame for reversion. I have found the 13 day average is the best. When a pair deviates from the 13 day mean, understand that it will always come back to that mean in time. Sometimes...

Don't worry about beta. Gets things too complicated. I will be curious to see how this works out for you. I don't use PTF, but have my own spread sheets. Not sure what criteria you are using but I looked at the following: 200 day correlation: .67 Trading well within the 200 mean 2...

Today I spent some more time looking at these trades...ceph-vrx and ceph-vrtx. Why you guys are trading them as a pair is beyond me. They both have very little correlation which generally means once a directional trend begins it will continue for a long time. The other reason also is that you...

Quick question Johnnysharp regarding this trade. WHat do you expect to make on it? 5%? How does PTF determine exit points for trades?

WHat went wrong with the trade? I just looked at it and noticed the pair has a pretty low correlation so you could get some big trendy moves. Despite the low correlation, the pair ratio deviation is screaming go long the pair at 2.5. It looks pretty stretched so perhaps now is a good time...

Both of these stocks have been consolidating and appear ready for a breakout soon. The charts on both strongly resemble the bullish Flag and Pennant formations. I have positions in both for disclosure. Checkout the charts. Both looking good.

XBI is off its april lows in a nice uptrend apexing against the downtrend line from February. Rotation into this etf/sector has begun. Its also been the dog during this amazing run up. Look at the chart and do your own analysis, but to me the downtrend line has been tested and...

Oh man, now you are beginning to scare me. Not just you johnny but everyone else too with all this analisys. This divided by that and that divided by this. Oh man let's keep this simple. Buy low sell high. If you are gonna look at one chart for a decision look at the pair ratio chart and...

Oh man Johnny, you hurt my feelings. I have a great excel spreadsheet to analyze pairs and generate alerts. My spread sheet does everything Pairtrade finder does and probably a few things it doesn't do.

Mean reverting pairs are tough now. Im having trouble with those too. The trends in the market are very strong. I don't split my portfolio per say with 50/50 but just am aware of both types and trade both. Never really thought about.... My spread sheet is set up for mean reversion alerts...

Johnny, what rules or criteria does pair finder use to generate a trade alert to close out a position versus buying a position.

Yes indeed. ETFs are a great way to pair trade using method number three since they tend to trend very well. Excellent swing trades. Here's a pair that just triggered in my system Long SPY short KRE. 50 day moving average just crossed under the 200 day moving average a few days ago. Pair...

Just want to add one thing to Walts comments. There are two types of pairs. Ones that trend in a direction and the ones that dance up and down around a mean without really going in any direction. MEan reversion will always occur, it just depends on your time frame. Johnny likes to swing...

Trade smaller positions until you get your edge back. All traders experience losses.

I know what you mean by getting lost in data points...Been there done that. Been through many pair trading strategies. My staple strategy examines the pair ratio and looks for abnormal deviations...2 or more, high correlation...70% or higher, RSI trending higher above 40 for the long stock...