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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (27041)7/7/1999 4:44:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Worksheet for Systems Contest

SE

Total Number of Trades 36 OK
Total Contracts Traded 71
Total Winning Trades 20
Total Losing Trades 14
Total Flat Trades 1
Open Positions 1398.25 Short 2
Today's Close 1404.5
Open Number of Pts. -12.5
Closed Number of Pts. 114
Total Comm & Slippage -69
Total Closed Equity 45
Total Open&Clsd Equity 30.5

Hal OK

Total Number of Trades 19
Total Contracts Traded 48
Total Winning Trades 10
Total Losing Trades 6
Total Flat Trades 1
Open Positions 1403.25 Long 2
1401 Long 2
Today's Close 1404.5
Open Number of Pts. 9.5
Closed Number of Pts. 13.5
Total Comm & Slippage -44
Total Closed Equity -30.5
Total Open&Clsd Equity -25

Juice OK

Total Number of Trades 11
Total Contracts Traded 80
Total Winning Trades 5
Total Losing Trades 4
Total Flat Trades 1
Open Positions 1393 Short 5
1409 Long 5
Today's Close 1404.5
Open Number of Pts. -80
Closed Number of Pts. 282.5
Total Comm & Slippage -75
Total Closed Equity 207.5
Total Open&Clsd Equity 122.5

Brian OK

Total Number of Trades 2
Total Contracts Traded 10
Total Winning Trades 1
Total Losing Trades 0
Total Flat Trades 0
Open Positions 1411 Short 5
Today's Close 1404.5
Open Number of Pts. 32.5
Closed Number of Pts. 147.5
Total Comm & Slippage -5
Total Closed Equity 142.5
Total Open&Clsd Equity 170

Chip OK

Total Number of Trades 14
Total Contracts Traded 44
Total Winning Trades 6
Total Losing Trades 8
Total Flat Trades 0
Open Positions None
Today's Close 1404.5
Open Number of Pts. 0
Closed Number of Pts. 157.75
Total Comm & Slippage -44
Total Closed Equity 113.75
Total Open&Clsd Equity 113.75

Nemer OK

Total Number of Trades 26
Total Contracts Traded 54
Total Winning Trades 24
Total Losing Trades 2
Total Flat Trades 0
Open Positions None
Today's Close 1404.5
Open Number of Pts. 0
Closed Number of Pts. 152
Total Comm & Slippage -54
Total Closed Equity 98
Total Open&Clsd Equity 98



To: Nemer who wrote (27041)7/7/1999 4:55:00 PM
From: Chip McVickar  Respond to of 44573
 
Nemer,

It's GZ's fault....I'll post you the links to the discussion on the "Lindahl Wiggle" he brought it to our attention a few weeks back.

It will not produce a viral infection <<smile>>

I Hope Your Doing Better?

I've got to go and cook dinner.

Chip



To: Nemer who wrote (27041)7/7/1999 5:06:00 PM
From: GROUND ZERO™  Respond to of 44573
 
Gulp... uh... I think I go now..... (tiptoes out the side door in a hurry, leaving a half bag of wiggles on the table)

GZ



To: Nemer who wrote (27041)7/7/1999 10:50:00 PM
From: Chip McVickar  Respond to of 44573
 
Nemer,

This conversation went on for about 2 days.....June 5th-7th. It also crossed over onto the MDA thread around the same time.

The "Lindahl Wiggle"

To: Chip McVickar (24792 )
From: GROUND ZERO Saturday, Jun 5 1999 7:35AM ET
Reply # of 27053

Chip,

As you had requested, here's why I'm especially bullish on the NAZ:

There is an uncommon three day chart pattern that is very reliable when it occurs. It occurs so infrequently that when I see it setting up, I take a trade in the opposite direction on the third day because it's unlikely that the pattern will ever complete itself. Even more rare is the five day version of that pattern, and then extremely rare is the seven day pattern... the very pattern we now have in the NAZ.....

The three day pattern begins with a reversal day of a new low for the move and closing above the day's opening and at or near the highs for that day. The second day has a higher high and higher low and closes lower. The third day take out the low of the second day and then closes above the opening of the third day and above the high of the first day.

If the third day doesn't complete the pattern, the pattern could be in place on the fifth day, if not, then the seventh day as we have here in the NAZ.

Also, the Monday holiday produced a time gap, as opposed to a price gap, and time gaps are warning signs for market turning points. Review as many charts as you can find and you'll discover that this pattern is rare and when it occurs you have a significant turning point... the reverse is also true for topping patterns..... here, we have a seven day pattern in the midst of a time gap.....

GZ