Trendfinder Trading Systems

No follow-through of the upmove this morning.  In fact, the Russell 2000 drifted lower the rest of the day.  All systems went long and got stopped out.

Lackluster day today – 1 system was profitable and 3 lost money.  The long entries for Lion and Tiger were just 2 bars too late since the market just drifted slowly down after they entered.

Trendfinder’s systems did not have any trades today.

Trendfinder’s systems had the first losing week since the week ending 10/16/09, which snaps a 4 week winning streak.  Interestingly, that last losing week was also options expiration week.  Trading during options expiration week is something I am going to research – it may be prudent to skip trading those weeks or adjust the system methodology….or leave alone – September and August option expiration week were profitable….I will research it.

Bobcat II and Cougar wisely did not take any trades this week.

Trendfinder’s systems did not have any trades today.

Today saw similar price action as the previous 2 days – move down from the open and then reverse up into the close.  The bulls are still fighting.  Today 3 systems went short and ended with losses.

The market has just gone sideways this week, which doesn’t give trend following strats any opportunity for profit.  Only two systems gave it a go today with short trades and both lost.  It looks like the bulls are trying to move us higher – maybe we will get a good move tomorrow.

3 systems went short this morning and were stopped out when the market reversed up.  Lion went long also but the trade ended up near break-even since the market just kept oscillating the rest of the day.

Trendfinder’s systems did not have any trades today.

There were few trades this week.  4 systems had tiny losses and 2 had small wins.  The total was a net profit of $60.  Not much but better than losing money for the week!