Long or short bias for each day? Historical study

 interesting new study i did: history suggests that a LONG BIAS for the day is established from the closing hour of PREVIOUS day until 1100 AM of current day

for shorts, its influenced by price action from 1030am--100pm of CURRENT day

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Algo System Performance Results

Two Unique 100% algorithmic strategies that it took me three years to develop!

* Can be started with small accounts, as little as $1,000.

* Algo knows how to work in multiple markets: Bull, Bear, sideways, trendless.

* Consistent results since 2005, with no major “dips” in the account (see graphs below). Some strategies produce great returns, but if the trader starts the strategy during a “dip” period, their accounts will be wiped out before they can realize any gains.

* The system is run 100% algorithmically.  There is no reason for any human decisions, just buy when the algorithm triggers a buy, and sell when it triggers a sell. Simple. Protection from emotions, which often bankrupt traders.

Algo: Day Trades

 Algo: Swing Trades

* It’s very unusual for newsletters to publish a list of ALL trades for a given period, but I’ve attached such a list here. And not just for a “great” two month period, but since 2005!!!  Traders are bombarded with marketing offers, and they want hard, cold information like this to decide whether the strategy is appropriate for them. (Graphs and attached trade list assume a modest trade of 4 ES futures contracts, backtested from 2005 until 2014.)  The gains would be higher if they did not include commissions, but I’ve actually included them to give a more realistic return.  The attached results do not compound or re-invest (which could produce dramatically higher results).

Other features:

* Two strategies, one for day trading and one for swing trading.

* Swing trading is easy: trader can buy at either 4:00 P.M. or 9:30 A.M, whichever is more convenient for the trader. So they can set their trades the night before, say at 7:00 PM, and just leave for work the next morning. 5 minutes of their time is all that is needed. Trades are always entered and exited at 9:30 AM or 4:00 PM.  

* For traders that crave more trades, the day trading strategies provide this. ALL TRADES are closed before 4:00 PM when the market closes, which eliminates overnight risk.

* Strategy can be used with futures such as ES, or etfs like SPY, UPRO, SPXU, TNA, TZA.

* Strategy is easily scalable using futures. My examples use 4 contracts of ES to demonstrate how this can be used by the little guy, but traders can easily trade 5, 10, 20 or even more contracts when their accounts increase, thereby dramatically increasing profit potential.  

Here’s the TradeList, all 9,436 of them (displays a PDF file inside browser).   

https://drive.google.com/folderview?id=0B4pQnMHUSMCNR29jNlRjeXdUOHFQMGhXNXNsTnUxQQ&usp=sharing

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

wedn

took advantage of the 9% surge today in jnug to exit and lock 26% gains. still holding the gdx nugt for multiweeks longer, but out of jnug for now. will see what gold and gdx do from 2pm--4pm today,,,may get volatile

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

tues

333
 30.20 JNUG i'll sell some, half only, if it gets there

259pm
well i'm out of the TZA for now, taking advantage of this pop to exit, swing, and continue to concentrate in the jnug gdx nugt gld slv areas. and might take half of JNUG off today if it surges some more in next hour

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

thurs

940
i took gains on jnug  second half. 22% gain in 3 days. still holding the nugt gdx though, for higher

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

wedn

323
at 23.71 jnug,here, i took gains on half jnug...still hoding all the nugt gdx for higher, and half jnugand will re-buy jnug maybe later

320
24.88 GDX is Inv Bank sell level, watching to see if it can get there

319
gdx now at prev posted target 1:  23.75 jnug, gdx 24.63

1147
possible surge in coming hours days to new daily highs, as gdx goes for 24.67 and 25.30, likely areas to take gains on JNUG

i will also be watching to see whereGDX is at, if gold can retest 1285 gold futures GC. then 1305 area

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

monday

1139
took small DUST gain. in JDUST now, quick trade

1038
took a DUST daytrade but still see higher gdx nugt in swing timeframes

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

thurs

344
gold still has awhile to go to fill its gap. gld. which wmay be good for gdx nugt

333
still see GDX to 40-50 in time, weeks months not days, so will hold the nugt gdx for 300 or 400% targets

332
but for the short term trade, its enough for me.  out JNUG 23.47, from 15.40
for a 52% gain

250
SPX ES SPY "look like" they want to try a little bounce here beffore 4pm, maybe only 2 pts ES, but imo its too risky long. so trying the GS, which is much safer intraday, and if SPY decides to bounce, GS should too. If spy crashes, GS should react less harshly given the daily relative strength

247
when i saw GS, i then checked 3x FAS but didn't like the chart as much, so simply buy more shares in GS to mimic the 3x.

242
bought GS long for trade into the close.

it wont move crazy wild like uvxy or tza tna nugt, but GS is actually GREEN today, near flat from test but green

201
UVXY 34.01: taking half off at 8% gain in 3 hours.

1053
still have jnug from 15.40, continue to trail the stop, didnt buy at bottom but its up now 41%

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

wedn

1206
 IDEA: buy uvxy here 31.10, and sell at 3:55pm today

the strategy has a 60% win rate, so it does take losses. but yearly ROI on this is about 204%
so, if one doesnt like to take losses, this is not the strategy for them. but the gains are greater than losses, on a yearly basis

1133
i've tightened stops on jnug as it approaches prev posted 1940 trgt...or 26% gain from 15.40 entry...didnt enter at bottom but will take the 26% min gain.  GDX NUGT multiweek holding for 40-50 GDX

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

1004
it's been awhile, i dont trade it a lot, only at spx extremes, but i'm now in VXX long, swing

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

monday

144
long jnug 16.56

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Firday

341
23.41: MM buying this atm GDX

337
my data says that tho GDX had red daily candle yest and today (today smaller thus far), this is why:  MM were buying, then selling, then buying lower. BUT the total amount bought was always higher than amt sold, thus they have a net accum for the day

they do that for 2 reasons: to make money profits on 5 cents at a time, and to keep price down as they just keep buying back what they just sold

334
he last 5min candle in gdx was MM accum not selling

332
23.40 gdx is an old inv bank buy level

318
no signif accum or distrib by MM in GDX right now, will see if that changes by 4pm

1219
MM are buying GDX in the background here at 23.43...it could drop more but they are accum

1141
4pm sys is still on hold shorts, because of late day bounce yest it did not trigger "take short gains and reverse long". still short for now

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

thurs

338
gold futures have moved up to test 15min resist, next is 60min resist higher test if it breaks this

240
gold broke 5min resist, now looking for tst of 15min resist higher

228
MM aer buying a lil more gdx here as gold tests 5min resist. not buying a lot, but some

210
MM are buying GDX again. i know there has not been much movement, just posting the data updates, so later u can see how the accumulation was done

124
price drifded a bit lower, but MM buying again here 23.57 gdx. may be a nice bounce in coming hours days, as they are accum

1237
MM buying again here at gdx 23.63 now

1138
MM are buying GDX nugt here at gdx 23.62

1057
just bought JNUG long, to sell in hours or days

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Friday

308
Ah...a few minutes later, there it goes...1970 to 1950 drop on JNUG...means nothing imo for swings, but useful for the daytrades :)

302
still have not seen any reaction, but ATM theres a lot of sell pressure on GDX. watching to see, as below  post

'253
some MM are postitinoed to sell GDX right here 24.34, higher than normal. will see if it holds over the 24.25 and 24.10 areas despite the sell pressure, which has not triggered anything, yet. will also see if they change their mind and exit the sell stance. intraday info only,


213
4pm system swing is holding SPXU (short of spx) from 54.40, will hold over weekend

152
at 1:15, the 15min chart bull flag broke higher on GC gold futures, now a small backtest expected, then to test 1305, then break over 1305, last 1302

151
scalp trgt here. 1971 jnug
it should pullback a bit here on jnug, give anothe opp for scalp long later

1202
GDX 24.12 is another buy area, MM not Inv Bank

1201
if JNUG drops lower, its likely to return to this level, the MM and Inv Bank levels are almost always revisited. scale in, layer price levels

conversely, it can pop higher at the buy level, to 1980 resist, and 20.00 break higher

1158
1948 scalp jnug here could work
MM buy level

1149
USLV position is also up 8% today from yest,silver

1145
just now, took at quick 8% gain, SOLD HALF the JNUG at 1970, and will look to buy it back lower. keeping other half jnug, and all the nugt gdx

113
up 8.5% now jnug in one day since yest, trgt 2 is 23.80, last 19.70, for a 30%ish gain if trgt 2 hit. NUGT targets swing even higher, tho multi week hold. JNUG i might trade in and out before the 30% trgt, but holding for now. watching to see what it does today thru the day, and watching gold as it tests yet AGAIN the 1300 area. if gold can stay over 1300 for 3 days, NUGT JNUG may surge 30%

1025
JNUG up 4% from test when it was bought, but i'm holding it for much higher targets, swing 2-10 days.

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

thurs

357
bought JNUG swing here near close. 1796
looks like Inv Banks were buying GDX thru the day despite its decline today, and Barrick Golds horrificness

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

tues

359
i'm adding some USLV here, at close, for swing. for higher silver 3x

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

friday

358
GDX now just 2 cents from its second trgt for today, posted this morn. hit first already

354
NO LONG ENTRY on 4pm sys for dia or spx.

352
gain  8% just on scalp piece of jnug. holding the rest swing

232
i'm going to buy some UDOW swing today, if 4pm sys says exit shorts and buy long. using the DOW instead of sp500. the dow did not break its march lows, like ths sox did

224
4pm sys is going to give a "take gains on shorts, and go long, today if it closes here or lower...idk about this next "long" but thats what it will do

216
at trgt 1 of 24.27 gdx posted b4, or 4% jnug, scalp

213
took gains on half gdx scalp, saving the swings of course, if using jnug scalp, its at 3% gain from entry today

206
24.27 and 24.44 gdx scalp trgts. last 24.15

1256
24.23--24.27 scalp trgt on gdx, will take gains there for scalp piece, holding jnug for over todays highs

1033
i'd like to see gdx nugt jnug close over yesterdays highs

1028
JNUG bought yest is up 8.5% but i'm just holding it for higher targets. may sell later today, or may hold over weekend. the nugt and gdx i will def hold

gold futures are up $1500 per contract

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

thurs

358
gold futures breaking resist in final trading minutes, 60min chart

313
JNUG could fall lower, but i like that gold made a new low early in day but quickly reversed higher, and that may carryover to higher gold in coming hours days

312
i'm adding JNUG here, bought it today for lower than sold for yesterday, swing
if gold goes toward 1300 (just a resist test) then JNUG could surge 10% fast

258
just now, 74% buy signal rang on GC gold futures, intraday signal not swing signal

254
GDX hit 23.90 buy area but i'm not adding any here, since bought a lil earlier today
23.87 was an Inv Bank buy area


238
so far i'm liking the gold chart todays action, and may add to existing swings in GDX NUGT JNUG

213
if gold gets back to 1300 today, will be a nice

209
back long GC gold 1291.5. should break 1292


202
took gains on gold futures. holding gdx

124
15min gold GLD and futures GC look like they are breakable higher on the resist test. also notice the triangle on the 5 and 15 MA on the 15min chart

119
GC gold now testing  15min resist, watching to see if it holds or breaks higher

1240
also trading the gold futures gc, same entries as gdx

1239
2420 first trgt gds. will see reaction there and may hold longer or take daytrade gain there.

1233
long GDX daytrade here.

1223
cancelled gdx buy order for now. will reveal later

1130
i might not get a fill on the limit order, but right now i'm only interested in buying the second low, or shorting the second high, using the 5 min chart. sometimes the trade doesn't get initiated, but its a safer, lower risk strategy for day trades.

1126
i have a limit order to buy GDX for daytrade at 23.90, last 24.06, may change the order in coming minutes hours. good today only.

one could also use NUGT or JNUG 3x instead of 1x gdx, but I prefer gdx because of better fills this time of day.

1006
lots of volatail in gold and gold futures GC this morn, and could be a significant turning point, depending on what it does next few hours

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

wedn

200
JNUG has nicely exceeded the prev posted trgt of 20.24, last 20.45

1218
* decided to take half of JNUG off here to protect gains, still holding the rest, as well as nugt gdx swings,for higher

 GOLD is flashing an intraday sell signal, so took some jnug off

1217
still holding for jnug daily stretch trot
jnug GDX is on a ramp today, jnug up 6% from yesterday

1117
JNUG 20.24 trgt. have an order to sell there to take profits, last 19.14. good today only, if it does not get up there today, then may raise the target higher.

Inv Bank first sell level is near there

still holding NUGT GDX swings for higher, even if profits are taken today in JNUG. the jnug target is about 6% higher from current price, and 26% higher than 16.00 level

1000
jung got a nice bounce here!

gold looks weak here still on hourly daily, although GDX has done well last 2 days. however if gold reverses higher instead of testing 1276 lower, then that could cause a parabolic move up in the miners gdx nugt

939

not much new, i'm holding the JNUG NUGT from few days ago for higher prices, swing, it's in profit zone now but imo has a lot of upside

if jnug tests prior highs from march, that would be about double, move 100%ish,

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

thurs

249
i'll maybe buy more JNUG if gold higts 1296.20 in coming minutes

248
jnug could also easily double in value, and still be well below march 14 high, even accounting for decay

247
jnug could easily bounce 35%, and that would only be a test of april 9 high

218
GOLD 5min futures chart has inv HS on RSI: watching to see if it bounces

1136
GM all. added JNUG here. swing, at 18.00

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".