HOLLY: “Breakout” Leads 18 Other Trade Ideas

HOLLY  |

“Breakout” Leads The Daily Regime of Optimized Algorithms

Good morning. “‘Breakout’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Monday, October 1, 2018, the return from my trading performance since January 1 stands at +78.6 accumulated profit points vs the benchmark SPY’s performance of +18.7 points over the same period. On Thursday my performance was lower -1.4 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Friday, the SPY was flat. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +0.4 points.

39 stocks traded yesterday: 24 long and 15 stocks traded short in the following sectors. 4/13 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 19 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of these 19 strategies selected today 15 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Breakout strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No.Win%StrategyL/S
180BreakoutLong
261.5Bullish PullbackLong
361.2Bullish Trend ChangeLong
470.8Buyers Stepping InLong
569.6Downward DogShort
666.7Float OnLong
767.9Got Dough Wants To GoLong
860.6Little Big GuyLong
973Looking for BounceLong
1069.3On SupportLong
1163Power Hour ShortShort
1265Pushing Through ResistanceLong
1369.2QuarterbackLong
1464.8Selling StrengthShort
1568.8Strong Stock Pulling BackLong
1667.9Sunrise MoverLong
1765.9TailwindLong
1863.8The 5 Day BounceLong
1970.4Topping FormationShort

Have a great morning. See you in the markets!

For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours. You can also follow me on social media at @TradeIdeas.

“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”

Best regards,

Holly

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