Sunday, August 30, 2009


. Sunday, August 30, 2009

It was a lost few problems, hardware problems...overslept one day also, all of which was annoying, but at least I was smart enough to SIM trade only.

It wasn't all bad though, as I saw a couple of improvements (filters?) that look to be helpful. It will cut down on the number of entries, but at the same time I think it will reduce on the "judgement calls"...This adjustment is suited for a NEW entry, (usually in a new direction) entries AFTER this initial signal are still subject to my older ideas)

I may move to slightly quicker 2584 vol chart...I have tried to use two charts (one for a longer term filter) but so far this causes more trouble than it's worth)

Possible New Rule
(an example of a buy signal)
Price is UNDER all three
---allas av
---cycle MA (another possible filter-HAS to be green to trade long)

buy on a stop-one tick above AA
a 6 or 7 tick stop looks ok for now---more fine tuning to come

edit: When all these levels meet, this point of equilibrium may last awhile and be in chop---it will break out!!

edit: Must ignore my RSI on these entries---always going to be OB/OS---only use for re-entry sigs

edit: IF both the VWAP and the CMA are crossing each other AT THE PRICE, and pointed up it could be a good entry

It looks like even on Friday (which was horribly choppy and thin), taking every signal would have produced a small gain...more testing as always...