Trendfinder Trading Systems

It was a tough week for daytrading with very volatile swings intraday. Of the eight trades this week, there was one that exited with a profit.

Overall another very profitable week trading in extreme/historical volatility.

Every intraday system had at least one trade this week. The Vol systems really shined.

It was an historic week. The market drop this week was arguably the fastest ever. Fears of the impact of the corona virus COVID-19 caused unrelenting selling all week (until the huge rally the last 15 minutes of Friday). Overall the day trading systems had a profit thanks to Spring ES. The swing systems were stopped out of long trades.

Unless there are more outbreaks of the virus next week, I would expect the markets to quiet down now. If there are any positive headlines, we could see a very sharp rally. And there is always potential for the selloff to continue if the virus gets closer to becoming a pandemic.

There was one trade this week.

Four intraday systems had trades this week.

Now that market volatility has dropped, the intraday systems have gone back into hibernation and will wake up when volatility returns.

Every intraday system was active this week, but it was the swing systems that were the big winners.

The daytrade systems did well in the volatility this week, especially Bandwagon ES. The swing systems did not, although there was one winner.

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

Volatility rose today with increased concerns about the spread of a deadly coronavirus. If volatility continues to rise then the daytrading systems will be active again.

SimpleSwing2 exited a profitable long trade early in the week, and MeanSwing3 was stopped out of a short trade Friday.