SMS Trade Update - S&P Long ExitWe stopped out on our Long S&P Trade entered on 10/24/19 at 3009.00 at 3212.50 on 2/25/20. I'm looking for the market to find support and establish a new range before we take a position.
Managed
SMS Trade Update - JY Short Stops Moving DownOur short position in the Japanese Yen continues to trend. Stops are moving down to 9323.
Perfect EURUSD SHORT set-up A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch.
End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes.
Best recommendation from me is to short and hold until we once more test 1.09600
SPX Long/Short Momentum Algorithm Beats S&P500 By A Huge Margin!This simple algorithm uses Exponential Moving Averages of the S&P 500's Relative Strength Index to trigger buy/sell and short/cover signals on a daily chart. I've backtested the algorithm for SPY (1994-present), SPX (1981-present), SPX500 (1971-present), and it beats the S&P 500 in every occasion. The algorithm cannot correctly time every single crash or correction but for the most part, it can avoid and even profit from most major market downturns. Backtest results show that it would have timed both the 2000 and 2008 crashes beautifully.
By the way, a new sell/short signal was generated just a few days ago. The last time this happened was in 2008. Hmm... :)
Algorithm Rules:
Long Entry/Short Exit = EMA100(RSI50) cross> 50
Long Exit/Short Entry = EMA200(RSI50) cross< 50
Enjoy!
~Kory
