HOLLY: “Bullish Pullback” Leads 16 Other Trade Ideas

HOLLY  |

“Bullish Pullback” Leads The Daily Regime of Optimized Algorithms

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

As of today, Thursday, November 8, 2018, the return from my trading performance since January 1 stands at +97.1 accumulated profit points vs the benchmark SPY’s performance of +13.7 points over the same period. On Wednesday my performance was higher +4.7 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 +5.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.7 points.

62 stocks traded yesterday: 48 long and 14 stocks traded short in the following sectors. 23/62 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 17 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 17 strategies selected today 11 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Bullish Pullback 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
166.2Bon ShortyShort
273.7Bullish PullbackLong
360.3Buyers Stepping InLong
461.3Downward MomentumShort
564.2Float OnLong
666.1Knocking on ResistanceShort
759.1Mighty MouseLong
865.1NickelbackLong
970.5On SupportLong
1061Power Hour LongLong
1162.5Putting on the BreaksShort
1264.7QuarterbackLong
1360.3Slippery SlopeShort
1462.9Strong Stock Pulling BackLong
1566.7Sunrise MoverLong
1659.6Trend Trend Play ShortShort
1763.5Yesterday Hammer Today StrengthLong

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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