Trendfinder Trading Systems

Two intraday systems had a long trade on Tuesday. The market is now quiet enough that the intraday systems are dormant. Trading will likely be light until the next FOMC meeting or other event occurs.

Trendfinder’s emini futures trading systems did not have any closed trades today.

Trendfinder’s emini futures trading systems did not have any closed trades today.

Trendfinder’s emini futures trading systems did not have any closed trades today.

Bandwagon ES and Lion II Vol each had a long trade today.

The news/tweet driven overly reactive market was not too kind these systems’ trades. It was a frustrating week where many trades were doing very well until a fast/sharp move in the opposite direction.

Three intraday systems had a long trade today.

Three systems had a long trade today.

Four day trading systems had a long trade today.

Today was one of those very unlucky ones. Most day trading systems had short trades, and some news items (especially Powell speaking) caused a volatile intraday rally that stopped out every trade. The market then went back down. Almost every system that traded had its max possible daily loss.