Trendfinder Trading Systems

Two systems had long trades today and both were winners.

Every system had a losing day today.  All 7 systems went long this morning and exited with losses.  All systems except Bobcat I & II went long again this afternoon and had small gains to recoup some of this morning’s losses.

Every trade was a winner today.  Lion went long this morning and reversed short in the afternoon with small winners for each trade.  Lion II and Tiger also went short this afternoon and had small winners.

Today was one of the quietest days I can remember.  The range in the emini S&P 500 futures was only 4.5 points and volume hasn’t been this low since the week between Christmas and New Years Day.

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

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

Today saw a 3rd day in a row of very small intraday movement.  Wisely only 2 systems had trades today, and they were both losers.

Today had a very similar flow to yesterday – up in the morning and down in the afternoon.  Leopard, Lion, Lion II and Tiger all went long this morning and exited with losses.  Bobcat I and Lion went short this afternoon resulting in a small win and small loss, respectively.

During the up-move this morning every system entered a long trade.  Unfortunately the move up reversed to down this afternoon so each system exited with small to medium losses.

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

I recorded a webinar last Friday covering Automated Trading Strategies.  You can view it here: http://vimeo.com/9783340

Only 3 trades today.  Both Lion and Lion II went short this morning and exited with $140 net losses.  Lion later went long and caught the big reversal up move to end with a nice gain for the day.