Trendfinder Trading Systems

Three systems had a short trade today.

Bandwagon ES and Spring ES each had a long trade.

Bandwagon ES was the big winner this week thanks to nailing the up move on Thursday. Every day trader portfolio is profitable so far this month.

Spring ES had a short trade today.

Three systems had long trades today. Bandwagon finally caught a big move.

Three intraday systems had a long trade today.

FYI, all of the intraday systems have a version of a trailing stop which is based on the range of price movement. In this extreme market, these trailing stops are not getting activated because the price movement is so large. Because of this, many trades that have significant open profit end up exiting at a loss. I am adding a dollar based trailing stop to cover conditions like we have now. I will be sending updated code to brokers in the next few days.

Spring ES and Tiger Vol each had a long trade stopped out during the mid-day pullback.

Spring ES had a short trade.

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.

Spring ES had a short trade today.