Trendfinder Trading Systems

Each system had a losing week, but fortunately they were all small losses ($460 max).  This is the third week in a row of losses which is indicative of narrowing ranges and choppy intraday movement.  In my opinion, when the current bullish move turns around, volatility will increase, and profits will return for these systems.

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

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.

All around poor week – each system lost ground this week.  Weeks like this aren’t fun but do happen with system trading.  Hopefully next week will be better!

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.