Trendfinder Trading Systems

Every intraday system had at least one trade this week with a profit overall.

The daytrading systems had a very profitable week. One swing system was stopped out Monday morning.

Trump’s announcement to increase tariffs caused an unexpected drop in the market. SimpleSwing2 was stopped out of long trades. The rise in volatility triggered trades in two intraday systems and could trigger more next week.

Almost every swing system exited a trade this week, with most having a profit. FedSwingWF had short trades. MeanSwing3 and SimpleSwing2 had long trades.

All eyes are on the Fed next week. On Wednesday they will very likely reduce rates by 1/4%. The markets may be quiet until then. Actually, until something happens that brings fear into the markets, they will probably continue a low volatility grind higher.

There was one closed trade this week.

There were two closed trades this week.

There were 3 day trades this week.

Overall a profitable week.

Trendfinder’s emini futures trading systems did not have any trades this week.

This week the trading systems gave back some of the gains from last week.

The last few days market action has quieted down. Participants are probably waiting for results of the FOMC meeting next week.