Results of Published Model Entries and Exits for Wednesday 01/16

Per the plans published in the morning, our medium-term models’ plans lead to 7.80 index points in gains on one long trade today. Our aggressive intraday models’ plans saw a loss of 2.20 index points on one long.

Below, you will find the detailed tracking of our models’ trading plans for today, as well as the results for the last month:

Trading Plan/Forecast Published In the Morning – Medium-term Models

“For today, Wednesday 01/16, our medium-term models indicate carrying the open long position until the stop is hit (currently at 2599.74 on the index level; entered at 2606). Models indicate tightening the trailing stop to 10-points at the open, and lowering the profit target to 2628 (from the original 2630).

Once the long is closed, models would stay flat for the day, wanting to see how the daily close plays out for further analyses” (click here to read the full forecast and/or verify this claim). 

Trading Plan Results/Outcome:

Wed 01/16: Booked +7.80 index points in profits on one long carried from Tuesday’s session.

The index opened at 2614.75 resulting in the open long position’s trailing stop adjusted to 10-points and initial trigger at 2604.75. The index reached an interim high of 2623.80 by 10:10am, lifting the stop to 2613.80. The stop was hit around 10:40am, closing the long with a profit of 7.80 points. As per the published plan, the models then stayed flat for the rest of 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

Wed 12/19: Booked +26 index points in profit on a short
Thu 12/20: Booked +26.5 index points in profit on two shorts
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

Tue 01/08: Booked -5.18 index points in losses on one long
Wed 01/09: Booked -12.20 index points in losses on two longs
Thu 01/10: No trades triggered
Fri 01/11: No trades triggered
Mon 01/14: No trades triggered
Tue 01/15: Booked -4.92 index points in losses on one long

Wed 01/16: Booked +7.80 index points in profits on one long carried from Tuesday’s session.

Trading Plan/Forecast Published In the Morning – Aggressive Intraday Models

“For today, Wednesday 01/16, our aggressive intraday models indicate going long on the index crossing above 2618 and going short on a break below 2604 during regular session hours – with an 8-point trailing stop. Once a trade is opened and closed through a trailing stop, the models would stay flat for the rest of the session” (click here to read the full forecast and/or verify this claim).

Trading Plan Results/Outcome:
Wed 01/16: Booked -2.20 index points in losses on one one long
The index broke above 2618 within the first five minutes, triggering a long with a 8-point trailing stop. The index reached an interim high of 2623.80 by 10:10am, lifting the stop to 2615.80. The stop was hit at 10:40am, closing the long with a loss of 2.20 points. Per the published plan, the models then stayed flat for the rest of the session.
Past results this month: Our aggressive intraday models mostly stayed out of the market in early December.
Mon 12/10: Booked +31.25 points in profit on two shorts
Tue 12/11: Booked +0.50 points in profit on a long
Wed 12/12: No trades

Thu 12/13: Booked -2.25 points in loss on a short
Fri 12/14: Booked +14.25 points in profit on a short

Mon 12/17: Booked +51.75 points in profit on a short

Tue 12/18: Booked +15.25 points in profit on three shorts
Wed 12/19: Booked +41.00 points in profit on two shorts
Thu 12/20: Booked +26.5 points in profit on two shorts
Fri 12/21: Booked -2.00 points in loss 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.

Thu 01/03: Booked +33.50 points in profits on a total of seven trades (five shorts and two longs).
Fri 01/04: Booked +11.70 index points in profits on one long
Mon 01/07: Booked +23.00 index points in profits on one long
Tue 01/08: Booked +3.54 index points in profits on one short and two longs
Wed 01/09: Booked -1.17 index points in losses on three long trades
Thu 01/10: Booked +10.89 index points in profits on two short and two long trades
Fri 01/11: No trades triggered

Mon 01/14: Booked -11.68 index points in losses on one short and one long

Tue 01/15: Booked +1.47 index points in profits on one two long trades
Wed 01/16: Booked -2.20 index points in losses on one one long
NOTE: Remember that a “trailing stop” works differently from the traditional stop-loss order. Please bear in mind that the trailing stop’s trigger level would keep changing throughout the session (click here to read on the conceptual workings of a trailing-stop).

IMPORTANT RISK DISCLOSURES AND NOTICES – READ CAREFULLY:

(i) This and other articles in the blog contain personal opinions of the author and is NOT representative of any organization(s) he may be affiliated with. This article is solely intended for informational and educational purposes only. It is NOT any specific advice or recommendation or solicitation to purchase or sell or cause any transaction in any specific investment instruments at any specific price levels, but it is a generic analysis of the instruments mentioned.(ii) Do NOT make your financial investment or trading decisions based on this article; anyone doing so shall do so solely at their own risk. The author will NOT be responsible for any losses or loss of potential gains arising from any investments/trades made based on the opinions, forecasts or other information contained in this article.

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(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.

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