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  1. W

    Pair Trading Strategy Journal

    Of those, I like VNO/KRC and will put it on my watch list. RSI is at 31 and still dropping, so I will wait until it drops below 30 and shows a sign of reversing. LFC/CEO is interesing, too, with a RSI of 28. It's reversing so I think it will be profitable. TCO/BXP? The RSI is not...
  2. W

    Pair Trading Strategy Journal

    Good work on t UTX/CBE I sure would like my portfolio to always be profitable. But that isn't likely, because when a pair becomes profitable and hits the target, we close it out. That leaves the pairs still in process, and that's likely to be negative. So, don't dispair. I take heart in...
  3. W

    Pair Trading Strategy Journal

    Chart turned favorable this morining and I entered the pair Bot ARD 42.89 Sold BTU 49.03 RSI 29 and now rising. Profit potential at 50% reversion to mean = 1.58%, at 100% reversion 3.16%. In the past, BTU had an earnings report every January. I haven't found an announcement this...
  4. W

    Pair Trading Strategy Journal

    Well I'm no guru, but I'm not shy about my ideas. I'm wanting to know what you are doing. We are in agreement -- let's get some profit. Walt B
  5. W

    Pair Trading Strategy Journal

    And the chart for ARD/BTU
  6. W

    Pair Trading Strategy Journal

    Hi Mike, Again, thanks for the long list. Of those, I narrowed them down to these that are most interesting to me. I know you like to have your risk spread over many small trades, but most of the favorable pairs I saw had low profit potential. These have potential for greater profit, so I...
  7. W

    Pair Trading Strategy Journal

    And another to watch closely. Long NFX Short SII Walt B
  8. W

    Pair Trading Strategy Journal

    This one is coming into a good trade soon. A couple of days yet, maybe. Short KBH Long RYL On good side of the trend. Wait for RSI to top 75. Wait for signs of reversion. I haven't check for news or pending earnings, yet. Walt B
  9. W

    Pair Trading Strategy Journal

    BPZ/NBR is looking good, but the ratio is stretched out so far I'm worrying that it may be the start of an unprofitable trend. May not revert, but take the MA mean down with it. Here is one I've had on the radar since 12/18/09 when the ratio was on the falling side of the mean. Since then...
  10. W

    Pair Trading Strategy Journal

    Sounds interesting. What can I do to get more specific? I'm interesting in using your method of scanning a larger universe. Do you have the time and are you willing to share with us specifics so we/I may duplicate you system? Software, data sources, spreadsheet formulas, methods? It's...
  11. W

    Pair Trading Strategy Journal

    Gee, was looking so good, it hit my profit target with lots of room for more before reverting to the mean, then news hit this AM. The fiz is gone. The pair's gone flat. The profit has drained. NEW YORK (AP) -- Coca-Cola Co. has little room for its stock to go higher, and the company is...
  12. W

    Pair Trading Strategy Journal

    Thanks, Mike. Best of success to you. The list of stock looks interesting. I'm looking forward to you posting charts with the pairs -- it really helps. I'm not wanting to enter each pair just for a chart. However, if you end up boasting some fantastic results, I might do the extra work to...
  13. W

    Pair Trading Strategy Journal

    Here's another one I'm watching and may enter as soon as a reversion is indicated -- tomorrow? Friday? Long BPZ Short NBR RSI 33 for the pair and dropping. I'm wanting it to drop to maybe 25 - 30 and then increase. Ratio has gapped big below mean. Trend ok. No news. No earnings...
  14. W

    Pair Trading Strategy Journal

    I waited a day for an indication of reversion Bot KO 56.2 Jan 6 Sold PEP 61.99. Jan 6 WB
  15. W

    Pair Trading Strategy Journal

    A month ago someone posted the pair KO/PEP (Coca Cola/Pepsi) and I thought the pair at that time had too much risk for the profit potential. The ratio was on the wrong side of the trend and a profitable reversion to the mean look pretty risky to me. The trade did make a small profit, however...
  16. W

    Pair Trading Strategy Journal

    John, Here is something from the PairTrade Alerts website. http://www.pairtradealerts.com/automated.php "Due to popular demand you can now have Pairtrade Alerts automatically traded in your Interactive Brokers trading account with the help of our own custom designed spreadsheet. This...
  17. W

    Pair Trading Strategy Journal

    Hi John, The alert service is just that. It sends alerts to pairs that are mechanically triggered. Nothing more nor less. You may then act on the alerts as you see fit. The alerts come from the universe of pairs the company has selected, and an alert is triggered when the ratio of a pair...
  18. W

    Pair Trading Strategy Journal

    Hi John, Of course, many of us use PairTrade Finder, http://www.pairtradefinder.com/ the software used by Jonny when he started this thread (Jonny, where are you?) And PTF has an alert service that does what you are asking for. http://www.pairtradealerts.com/ See my post on...
  19. W

    Pair Trading Strategy Journal

    I don't see how it would benefit me. I've used a spread sheet to track all of the Twitter PTF alerts, since 08/20/09. At the beginning of November I began to insert my notes and a Yes or No if I would take the trade. Investing $10,000 on each side of the pair (about 40 pairs), the alert...
  20. W

    Pair Trading Strategy Journal

    The PTF "Spread" chart is the historic difference between stock prices. The spread you are talking about is spread of ratio to ratio mean in %. Understood. I'm still trying to determine what it means if the price spread is increasing, or decreasing, and what happens in the last two weeks of...
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