Trendfinder Trading Systems

8 systems went short today and exited close to their entry prices.

Two systems traded today.  The Cougars went short during the mid-day move down and exited with losses.

It was a losing day for every system that traded.  Many systems were whipsawed in today’s narrow choppy range.

In case you are wondering, yes today’s losses would have been avoided with the new filtering I am implementing.  It will be ready and will start on Monday.  I will do a blog post later this afternoon showing the historical performance of the updated systems.

Most systems made profits on the short side today.  Lion and Lion II just barely triggered longs that ended in a loss (Lion reversed short and made up most of the loss).

It was a very emotional/event driven day.  Every system that traded went short and later exited after the sharp reversal with losses.  The Jaguars and Lion then went long and got whipsawed.

I have been doing extensive research and testing into the filtering mechanism these strategies use.  I have found a modified method that improves results and would have kept us out of all trades today.  I am in the process of revising the strategies code right now and sure wish I had finished it before today.  I will have it complete this week and provide a blog post comparing results.

There were no trades today due to it being an FOMC announcement day.

The Leopards went short today and had losses.

Tomorrow is an FOMC announcement day, so there will be no trading.

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

It was another choppy sideways day after the big gap down.  Most systems had short trades (Bobcat I and Lion also went long) and exited with losses or small gains during the sideways action.  Panther was the big winner going short during the mid-day pullback and holding till the close.

We had another consolidation day (in fact the 2nd inside day in a row for the S&P).  This led to a loss for each system that traded.  Bobcat I, Bobcat II, Lion, Lion II, Lion II Alt and Panther went short this morning.  Jaguar, Jaguar Alt and Lion then took trades to the long side.