In this longterm strategy...BTCUSD turns off uptrend (i hope only for a while). We see that last upwave looks like corrective one (triangle or other pattern is forming - in case of candles with shadows or priceline or candles close/open points), but after succesful attack on 10000USD may be viewed as impulsive wave 1, so nothing is lost. If You play only longs on this pair, You should not take longs - it's to risky for now.
This "laguerre" based system looks good in longterm (even if You take only longs, and not take shorts) in case of 4h charts too.
In case of strategies like this, Tou should do Your own research. Historical data cand produce fantastic view, but after that there is some risk that earnings will be not so good or even there will be losses (strategy has huge drawdown when You use option of playing 100% of capital, situation changes if You will use smaller percentage of capital - but gains are in this case much smaller of course).
This is not the trading advise!
SEMI
Low price stock candidate - Chosen by our whole brain processOn a daily chart: It is above 5 MA and 20 MA, it is above the William´s % R, above the CCI , the daily candlestick is positive, it has an increasing volume , it is a growth industry (semiconductors), it is above the cloud, above the 50 and 20 MA, it is above the 8 EMA , the RSI that I set to 2 is above the 80 level, the MACD crossed and the PVT is positive.
News:
us.rd.yahoo.com
The bollinger bands have narrowed and beginning to widen.
On a weekly: It is above the cloud.
These type of ideas are mentioned in our book Pennies to Thousands, a whole brain process of picking stocks with left brain indicators and right brain intuition. This book can be picked up for the same cost as a commission on a stock and can be purchased on Amazon or other bookstores. You can also watch our Youtube videos which have different videos on right and left brain activities to choose stock candidates. SUBSCRIBE TO OUR CHANNEL: Pennies to Thousands.
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