Trading Model Daily Predictions

Hi,

I wanted to start a thread that will allow me to post my friend's trading model predictions.

The model is a statistical model that he has developed over the last 16 years.

DISCLAIMER: I am not recommending you take these trades, this is for informational purposes only.

I will do my best to post them every day before the open. He has a blog that he posts them to, so I have to wait on him the night before to put up the trade and then I have to remember to post it here. Hopefully, I will get in the habit.

Anyway, here is the first trade post for Feb. 8

Daily Trade for February 8

Prior Trade Results:

Gain of $120 per contract

Ending Balance:

$62,490

Trade for Feb. 8:

Long 2 E-mini SP contracts

Comments:

Overall stronger day - higher high, low and close. The model is still pointing upwards, but needs one good move higher to start the next leg up.
 
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