Hi everyone,
A lot of people have asked that we sign up with ET and participate in these forums so here we are. We hope to provide some good insight on how we trade pairs and provide useful information on our unmatched pairs trading software, Iris.
Everyday I call out pairs setups in our free chat at www.chronos-tech.com. There were many swing trades that came in today.. mostly notably were EWBC UMPQ, ED SO, ED XEL, CSJ FXE, HLS DGX, and PNNT IVZ. I called out all of these when I entered and signaled the exits as well.
Today we also had some great daytrades in PRU MET, CMO HTS, and a few ETF pair trades in EWM EWU, JNK EWU, and DVY IVE.
I've attached a chart of my PNNT IVZ trade so you guys can check it out. My entry and exit levels are labeled, the blue line is the standard deviation, and the red line represents the percent divergence/convergence. As you can see I entered this pair at 10:30 on Friday and closed it around 10 today. The pair converged about 1.20% overnight.
I'd like to see a discussion start up here from other pairs traders and hear how you guys have been doing and what software you are using. I highly recommend that you check out more info on our Iris pairs software and join our free chatroom at www.chronos-tech.com.
I can be followed on twitter @PairsGuy where I post many pairs setups as well daily.
Thanks,
Pat Nilles
A lot of people have asked that we sign up with ET and participate in these forums so here we are. We hope to provide some good insight on how we trade pairs and provide useful information on our unmatched pairs trading software, Iris.
Everyday I call out pairs setups in our free chat at www.chronos-tech.com. There were many swing trades that came in today.. mostly notably were EWBC UMPQ, ED SO, ED XEL, CSJ FXE, HLS DGX, and PNNT IVZ. I called out all of these when I entered and signaled the exits as well.
Today we also had some great daytrades in PRU MET, CMO HTS, and a few ETF pair trades in EWM EWU, JNK EWU, and DVY IVE.
I've attached a chart of my PNNT IVZ trade so you guys can check it out. My entry and exit levels are labeled, the blue line is the standard deviation, and the red line represents the percent divergence/convergence. As you can see I entered this pair at 10:30 on Friday and closed it around 10 today. The pair converged about 1.20% overnight.
I'd like to see a discussion start up here from other pairs traders and hear how you guys have been doing and what software you are using. I highly recommend that you check out more info on our Iris pairs software and join our free chatroom at www.chronos-tech.com.
I can be followed on twitter @PairsGuy where I post many pairs setups as well daily.
Thanks,
Pat Nilles