Today’s Published Mechanical Trading Entries and Exits netted +23.00 index points and +18.00 index points

Our medium-term models continued the winning streak of seven consecutive profitable trading days by booking 18.00 S&P 500 index points in profits today, and our aggressive intraday models continued the winning streak of eight consecutive profitable trading days by booking 23.00 index points in profits today.

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 from any trading website (Google Finance, Yahoo Finance, or pick your own).

Below, you will find the detailed performance 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 MON, 01/07:

Medium-term/long-term Models


Trading Plan/Forecast Published In the Morning: “For today, Monday 01/07, our medium-term models indicate trading off of the 2540-2520 band – going long on a cross above 2540 and going short on a cross below 2520, both with a 10-point trailing stop (during the regular market session, 9:30am-4:00pm EST). If going long above 2540, a profit target of 2558 is indicated” (click here to read the full forecast and/or verify this claim).

Trading Plan Results/Outcome:

Mon 01/07: Booked +18.00 index points in profits on one long

The index broke above the 2540 level around 10:30am, triggering a long position with a 10-point trailing stop. The long rode the index all the way to the profit target and closed at 2558 around 11:55am, with a profit of 18 points! 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

Aggressive, Short-term, Intraday, or Professional Traders

Trading Plan/Forecast Published In the Morning: “For today, Monday 01/07, our aggressive intraday models indicate trading off of the 2535-2525 band – going long on a cross above 2535 and going short on a cross below 2525 ( typo in the forecast article – NOT 2530 but 2525 as mentionned in the reference “2535-2525 band”), both with a 7-point trailing stop (during the regular market session, 9:30am-4:00pm EST). If going long above 2535, once above 2542, a profit target of 2558 is indicated” (click here to read the full forecast and/or verify this claim).

Trading Plan Results/Outcome:
Mon 01/07: Booked +23.00 index points in profits on one long
Within the first five minutes into the session, the index probed the 2535 level but it did not close above 2535 level to trigger a long position until 10:03am. Then the index almost approached the initial trailing stop level of 2528 by reaching an interim low of 2529.52 by 10:21, but the long position survived the stop. Then the index went on an upward trajectory and the long rode the index all the way up – narrowly surviving the 7-point trailing stop trigger level – to reach the profit target at 2558 by 11:55am, closing the position with a profit of 23 points! 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
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.

(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.