Today the Russell 2000 ETF was up another 2.1%! What a run for this ETF and the future as well. Our Russell position closed up since entry 17.1%!!!!!!!! However, the story does not end here. The system that went long on 2/16 exited this evening, or beginning the day for futures. This means that the ETF should be exited tomorrow morning. I never list the profit targets for these programmed systems. Some systems do not have targets. However, this system does. The run on the Russell 2000 has been extended, and our system exiting does not mean the run is over; it does not mean to go short. What is does mean is that based upon the historical data studied, that exiting at this time optimized the historical data. Does this make sense? I would appreciate any questions that you might have.
One new signal for tomorrow: buy the New Zealand Dollar. The system is historically 23 wins for 25 trades or a 92% win ratio. However, I hesitate to publish the result because the New Zealand Dollar futures and ETFs are thinnly traded. Yesterday, the ETF only traded 6,379 shares. This is a very small number. So, I wouldn't risk a market order; a limit order might be better. Send me an email with any questions you might have.
Open Positions Symbol Entry Stop Close Profit Days
Long Russell TFM10 608.50 665.00 720.20 $11,170 58
Long Russell IWM 61.66 66.68 72.21 17.1% 58
Long Platinum PLJ10 1534.90 1637.30 1717.30 $9,120 49
Long Aussie ADM10 90.90 91.40 92.27 $1,370 16
Long Aussie FXA 92.24 92.07 92.95 0.8% 16
Short Gold GCM10 1152.00 1171.00 1159.60 -$760 1
Short Gold DGZ 18.84 18.70 18.88 0.2% 1
Short Aussie ADM10 92.25 93.30 92.87 -$620 1
Long Swiss SWM10 94.95 93.75 94.75 -$200 1
Long Swiss SWM10 94.39 93.58 94.58 0.2% 1
Note the mixed results on the Swiss Franc and Short Gold: the reason is timing differences between the futures markets and ETF markets.
Open Positions#2Symbol Entry Stop Close Profit Days
Long British BPM10 149.75 151.10 153.76 $2,506 16
Long British FXB 150.46 150.45 153.10 1.8% 16
Have a great day! Please feel free to post any comments or questions you might have. Or, please drop me an email.
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The quotes and symbols used in the BLOG are believed to be reliable, but no guarantees are made with regard to the accuracy.
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