New System Update

would it be possible to read what the hell the system does and not just the results? Very happy for you, you made 30% last month. WHat can I do but watch and applaud. More info please...
 
Quote from traderkay:

wally where are your systems? im waiting for much anticipated release:)
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I am working on so many of them that I simply don't have time to release anything. When I finally do, I want this to be really good. I might as well be releasing signals only to keep the systems completely proprietary and secret. I have yet to decide what to do.

Just yesterday I discovered a neat intraday system that takes 5-6 trades a day (more, like 8-9, if the market is choppy) and for this week it is up ca 60 ES pts (for 2 contracts) with all days profitable. The system is completely mechanical. It relies on the price action and one simple filter. No indicators. I have yet to examine its past, but I believe that it was not bad at all.

It can be applied to a longer timeframe as well. I believe, judging simply by the charts, that it was pretty profitable in February. Perfect for OEX option trading as it catches bigger swings.

I will write more about it soon, perhaps over this weekend.

Thanks for your interest.
 
Quote from traderkay:

wally where are your systems? im waiting for much anticipated release:)
More...

FYI, the systems that I use (2 only at this point) were profitable in January and February and very profitable last year. I have recently modified them slightly. These are the systems that I may release although I am not sure in what form yet. They do not trade every day, so I am now searching for a system that would trade every day. As I just wrote, I might be very close to it.
 
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