HOLLY: “Breakout” Leads 25 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, Thursday, October 18, 2018, the return from my trading performance since January 1 stands at +84.5 accumulated profit points vs the benchmark SPY’s performance of +8.4 points over the same period. On Wednesday my performance was higher +1.1 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 Wednesday, the SPY was up +.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.2 points.

37 stocks traded yesterday: 27 long and 10 stocks traded short in the following sectors. 19/37 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 26 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 26 strategies selected today 18 are Long, bullish in outlook. 8 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
165.9Bon ShortyShort
275BreakoutLong
362.2Bullish PullbackLong
464.1Bullish Trend ChangeLong
563.5Buyers Stepping InLong
660Count De MonetLong
769.8Downward DogShort
863.6Downward MomentumShort
973.7Float OnLong
1060.6Knocking on ResistanceShort
1162.7Little Big GuyLong
1264.1Looking for BounceLong
1364.2Mighty MouseLong
1466.7On SupportLong
1559.3Power Hour LongLong
1664.9Power Hour ShortShort
1772.7Putting on the BreaksShort
1874.4QuarterbackLong
1962.9Selling StrengthShort
2060.4Straight Outta ComplandLong
2168.8Sunrise MoverLong
2262.8TailwindLong
2366The 5 Day BounceLong
2446.1The VaultLong
2560.8Topping FormationShort
2661.8Trend Trend PlayLong

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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