Great Trades

Thursday, June 04, 2009

Gap Up Trader

One of the strategies in our automated futures trading system is a gap up trader. Below is the equity curve for this strategy for June E-mini S&P futures:

This is an unusual equity curve, as there have been no losses since the June futures became actively traded. After today's gain, it now has had 19 winning trades in a row during this strong rally period.

This strategy went long again at today's close and will exit during the first hour tomorrow (or up to an hour before the open). If it exits above today's close, it will be the 20th winning trade in a row.

One could say it's overdue for a loss, and with the employment report due out before the open, this could be the first one. In any case, we thought some might be interested to know that this indicator is looking for higher trading early tomorrow.

posted by GreatTrades  # 4:39 PM

Archives

December 2005   January 2006   February 2006   March 2006   April 2006   May 2006   July 2006   August 2006   October 2006   November 2006   December 2006   January 2007   February 2007   March 2007   April 2007   May 2007   June 2007   August 2007   October 2007   November 2007   May 2008   September 2008   October 2008   January 2009   February 2009   March 2009   April 2009   May 2009   June 2009   July 2009   August 2009   September 2009   October 2009   November 2009   December 2009   March 2010   May 2010   June 2010  

Great Trades Home    Email GreatTrades

Disclaimer: Great Trades may have a position in all or some of the stocks discussed in this blog, but is not paid by any company to promote their stock. Great Trades contains opinions, none of which constitute a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. Great Trades does not provide personalized investment advice.