Hi, these are just ideas not recommendations, sometimes I trade my ideas, sometimes I don’t.
Always remember, yours is the responsibility for your trades,
Good luck,

Thursday, July 2, 2020

Short time statistically and “most of the times” profitable trading

As I’ve stated in previous posts, whenever my target is reached I sell at the open the next day.

RSP reached the 102.60 target with a 102.78 high on July 1, I sold at the open today with a fair enough 2.85% profit in 2 days, and you can take that to the bank.

QQEW reached the target today with a 81.40 high, I’ll be selling my QQQ proxy at the open tomorrow.

Tuesday, June 30, 2020

Short time and statistically based trading

RSP closed 1.35% high today, the high failed to penetrate my 102.60 target so I’ll be keeping the position tomorrow,

QQEW made a clean break today, my target is 81.28, 1.74% from today’s close, I’ll be buying QQQ at the open. The up trending 3 points line is support.

Monday, June 29, 2020

Systematic trading

I have a buy order at the open for RSP coinciding with a slight pullback from the 21 day lower channel.

My target is at 102.60, that’s a 2.19 profit from today’s close, of course if reversed I’ll be out the following day.

Sunday, June 28, 2020

Price driven trading

I’ve made two trades, with an overall negative result with my systematic trading strategy, we’ll make it up in the long term hopefully.

I see a stronger tendency in the Nasdaq 100, if the equal weight ETF close tomorrow above last Friday’s high we may have a new trigger.

There is a well-defined 3 point up trending line that should hold if the trend is set to continue.

Now it’s the thing, markets tend to move in tandem, however for the same period the RSP has a different trajectory suggesting a down trend.

Or it can be a long 60% consolidation for the equal weight SPX, look here, the up trending channel ran for 16 days, the consolidation, if it is that, is 14 days long. Consolidation moves should not be longer than the directional move, this week should define the direction.

Wednesday, June 24, 2020

Probability and systematic trading

My IWM trade went the other way, sell at the open tomorrow no questions asked

I got out of QQQ with a 1.5% profit

Tuesday, June 23, 2020

Statistically based trading

My 250.83 QQQ target is reached, I’ll be selling at the open tomorrow

I have a buy signal on IWM with a 2.61% potential profit at today’s close. Buy at the open


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About Me

From the Dominican Republic - Swing Trader Speculator - Civil Engineer/Project Manager - sternloinaz@gmail.com