Results of Published Model Entries and Exits for Thu 01/10
All this, simply by following mechanical entries and exits using the pre-defined levels as given in our trading plan published before the markets opened daily. Anyone can publicly verify and double check these entry and exit levels from the forecast articles and from the index price levels for the day from any trading website (Google Finance, Yahoo Finance, CNBC, Bloomberg…pick your favorite).
Below, you will find the detailed tracking of our models’ trading plans for today, as well as the results for the last month:
Performance Results of the Trading Plans Published for THU, 01/10:
MEDIUM-TERM MODELS
Trading Plan/Forecast Published In the Morning: “For today, Thursday 01/10, our medium-term models indicate trading off of the broad 2607-2547 band – going long on a cross above 2607 and going short on a cross below 2547 – with a 12-point trailing stop on both trades. If these levels are not crossed during the regular session hours, the models would stay flat” (click here to read the full forecast and/or verify this claim).
Trading Plan Results/Outcome:
Thu 01/10: No trades triggered
The index traded between 2562.02 and 2597.82 today, well within the range of the medium term models (2607-2547). Consequently, no trades were triggered today, and the models stayed flat throughout the session.
Past results this month:
Our medium-term models started the month of December with indeterminate state and stayed out of the markets throughout the first half of the month.
Mon 12/17: Booked +20 index points in profit on a short
Tue 12/18: Booked +9.25 index points in profit on a short
Fri 12/21: No trades
Mon 12/24: No trades
Wed 12/26: Booked +14.75 index points in profit on a short
Thu 12/27: Long entered at 2455, carried to Friday
Fri 12/28: Booked +28.75 index points in profit on a long
Mon 12/31: Booked +56 index points in profits on two shorts and two longs.
Wed 01/02: Booked +13.75 index points in profits on three longs and two shorts.
Thu 01/03: Booked +47.53 index points in profits on three shorts and two longs
Fri 01/04: Booked +9.70 index points in profits on one long
Mon 01/07: Booked +18.00 index points in profits on one long
Wed 01/09: Booked -12.20 index points in losses on two longs
AGGRESSIVE INTRADAY MODELS
Trading Plan/Forecast Published In the Morning: “For today, Thursday 01/10, our aggressive intraday models indicate going long on a break above 2582 or 2568, and going short on a break below 2576 or 2563 during regular session hours (9:30am-4:00pm) – with an 8-point trailing stop” (click here to read the full forecast and/or verify this claim).
Simultaneously, the models opened a long position at 2582 as the index broke above the 2582 level on the same minute bar. The index registered an interim high of 2594.50 by 2:20pm, lifting the trailing stop to 2586.50 which was hit by 2:50pm closing the long position with a profit of 4.50 index points.
The models then stayed flat for the rest of the session.
ostly stayed out of the market in early December.
Tue 12/11: Booked +0.50 points in profit on a long
Wed 12/12: No trades
Fri 12/14: Booked +14.25 points in profit on a short
Mon 12/17: Booked +51.75 points in profit on a short
Thu 12/20: Booked +26.5 points in profit on two shorts
Mon 12/24: Booked +50 points in profit on two shorts
Wed 12/26: Booked +9.25 points in profit on a long
Thu 12/27: Booked +62.00 points in profit on three short trades and one long trade
Fri 12/28: Booked +10 points on profit one short and two longs
Mon 12/31: Booked +56 points in profits on two shorts and two longs.
Wed 01/02: Booked +14.75 points in profits on two longs and three shorts.
Mon 01/07: Booked +23.00 index points in profits on one long
Wed 01/09: Booked -1.17 index points in losses on three long trades
IMPORTANT RISK DISCLOSURES AND NOTICES – READ CAREFULLY:
(iii) Risk Warning: Investing, trading in S&P 500 Index – spot, futures, or options or in any other synthetic form – or its component stocks carries inherent risk of loss. Trading in leveraged instruments such as futures carries much higher risk of significant losses and you may lose more than you invested in them. Carefully consider your individual financial situation and investment objectives before investing in any financial instruments. If you are not a professional trader, consult a professional investment advisor before making your investment decisions.
(iv) Past performance: This article may contain references to past performance of hypothetical trades or past forecasts, which should NOT be taken as any representation or promise or guarantee of potential future profits. Past performance is not indicative of future performance.
(v) The author makes no representations whatsoever and assumes no responsibility as to the suitability, accuracy, completeness or validity of the information or the forecasts provided.
(vi) All opinions expressed herein are subject to change at any time, without any notice to anyone.