Category Archives: Trading

Channels On Charts Need Log Scale

Log scale is an option you can turn on when doing most financial charting.  Your software may default to off, so you need to check this.  You should really have log scale on your trading and investing charts all the … Continue reading

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SPX 2009 Channel Bottom Touched – First In 2018

On Friday, Oct 27th, 2008, SPX touched it’s 2009 channel bottom near 2630 for the first time since Feb 2016!  Predictably, it bounced over 60 points before coming back down.  First touches are nearly always bought hard.  Being a Friday, … Continue reading

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Added Charting to Automated Trading System

This is a continuation of Developing an Automated Trading System.  Many of us use very robust charting software, including the popular thinkorswim platform, that does more than I plan to create in my system.  The requirement I ran into that … Continue reading

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Created Backtesting of Signals and Algos

This is a continuation of Developing an Automated Trading System.  Began algorithms with simple strategies.  This tests a range of inputs for a strategy. For example, you can test a range of trailing stops from 1 to 15% with 0.5% … Continue reading

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Developing an Automated Trading System

It has been my dream since I was a kid and I saw the Matthew Broderick movie War Games in a theater in 1983 to build an automated trading system using AI.   This year I have begun to live that … Continue reading

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July 2016 Jobs Report Reveals US Economic Weakness

The dollar tanked and the the S&P 500 made a new all-time high when the headline news of the jobs report came out.  The probability an interest rate hike for December increased from 32.1% to 45.4% (calculated using 30-day Fed … Continue reading

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Rosy labor report?

The jobs report this morning caused the S&P 500 to hit new highs of the year, a few points short of its all time high set in May 2015.  It is tempting to pretend like all is well, and just … Continue reading

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Building a long-term position in gold via NUGT

I and others I know have found ourselves chasing gold.  We periodically get a nice position, take our profits, and then find ourselves missing out on the next big move because we cannot find good entry. This has been driving … Continue reading

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US Commercial Real-Estate Storm Brewing?

One counter I hear to the possibility of a recession coming to the US before the end of the year is that real-estate is booming.  Is it?  It has for 6 years, but this year doesn’t look as rosy. In … Continue reading

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Major Economies Are Not Raising Rates in 2016

If the US raises central bank (CB) rates this year, it looks like it would be the only major economy to do so.  So far in 2016, major economies are either lowering rates, or leaving them steady.  The ECB, for … Continue reading

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