Intraday Dow, Sp500, Nasdaq and Nasdaq100

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Dunedin,

Your welcome. !

Take care.

Dan
Quote from dunedin:

Dan05

many thanks for your response last week, much appreciated and very helpful.

regards, dunedin
 
So far so good.

Check this chart.

Short anticipated, but overall shape was correct.
Results are really good today. System is still short the Russell. I would get the position out right away.
 

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Hi Guys,

Attached the trade results for the day.
Not bad for a low volume day.
Final results where $1655.45 per traded contract.

Have a nice evening.
 

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Hi Guys,

Attached the results for the day.

Basically the system had mixed results for the different markets.

Russell 2000 - ($442.00) per traded contract.
DJIA ($ 98.00) per traded contract.
NASDAQ $212.00 per traded contract.
NASDAQ100 $ 73.00 per traded contract.


Take care.
 

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dan05, I signed up today for trading pro and found it less than useless, in fact, it screwed up my whole trading day, since it predicted a strong down draft at 11:25 or so and instead we got a blast off, then later in the day it completely missed... I should have asked my seven year old where he thought the market was going.

but I don't want to give up on this just yet. tell me it was just a really bad day.
 
Hi Madmo,

Yeap. It was not a good day. In fact if you see the results of the trading system they where mixed. Still One day of testing says nothing about the system In fact if you subscribed on Monday you would have made a killing and would say What a Good system. Both statements are not true. It takes time, and statistics to know if it works or not to you.

My experience is that if you follow the trading signals, I mean the same trades the the system propose, on the long run, you will do great!.

My other advice would be to stay our of news dates, or disregard the signal the system is predicting.

I've also tried adding the prediction signal to other patterns, like Woodie CCI Patterns. It worked great also, as a way for confirming or denying an entry setup. In fact in some cases it let me entered some candles before.

But some times, if you try to follow the LAST Prediction only it could be missleading.

Check always the Trades Proposed by the system. Check their past performance and it has been great. The hard thing is following the system as is, and not adding any stuff.

Right now I try to follow it without any other indicator, but I'm testing early exits if best past prediction changes. I have missed good trades, but it also kepts me out of bad moves. Also using stops smaller than proposed might help. it all depends on your trading style.

Hope this is of help to you. Let me know your experience tomorrow. I would paper trade for a month or so, before going live with it.

Take care.
 
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