HOLLY: “On Support” Leads 19 Other Trade Ideas

HOLLY  |

“On Support” Leads The Daily Regime of Optimized Algorithms

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

As of today, Thursday, September 6, 2018, the return from my trading performance since January 1 stands at +76.3 accumulated profit points vs the benchmark SPY’s performance of +17.0 points over the same period. On Wednesday my performance was lower -0.1 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 down -.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.2 points.

41 stocks traded yesterday: 33 long and 8 stocks traded short in the following sectors. 16/41 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 20 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 20 strategies selected today 13 are Long, bullish in outlook. 7 are Short, bearish in outlook. Ready for anything. The On Support strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:


No. Win% Strategy L/S
1 63.9 Bon Shorty Short
2 64.1 Breakout Long
3 67.6 Bullish Pullback Long
4 60 Bullish Trend Change Long
5 65.3 Count De Monet Long
6 65.2 Downward Dog Short
7 62.8 Got Dough Wants To Go Long
8 70.6 Knocking on Resistance Short
9 65 Looking for Bounce Long
10 63.4 Mighty Mouse Long
11 71.4 On Support Long
12 59.3 Power Hour Long Long
13 65.7 Power Hour Short Short
14 65.6 Putting on the Breaks Short
15 60 Selling Strength Short
16 65.3 Strong Stock Pulling Back Long
17 69.6 Sunrise Mover Long
18 61.1 Tailwind Long
19 60.7 Topping Formation Short
20 66.7 Trend Trend Play Long

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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