A short update on the long term Candlestick Scanner. The Candlestick Scanner scans the Nasdaq 100 stocks for long term bullish or bearish reversal patterns. The basic idea is to search for hammer and hanging man candlestick patterns. Usually these patterns work nicely on daily charts. My Candlestick Scanner searches for these two patterns on… Continue reading NASDAQ 100 long term candlestick scanner
Year: 2017
Position sizing – the easy way to great performance
Working on your position sizing algorithm is an easy way to pimp an existing trading strategy. Today we have a look at an energy trading strategy and how the position sizing can influence the performance of the strategy. The screenshot shows you the returns of the same trading strategy, trading the same markets, the same… Continue reading Position sizing – the easy way to great performance
Sutton’s law: Go where the money is
There is an apocryphal story about the famous american bank robber and jail breaker William Sutton being asked why he was robbing banks. His genius answer was “That`s where the money is”. There is a second famous quote of William Sutton, asked why he used a machine gun for robbing a bank: “You can’t rob… Continue reading Sutton’s law: Go where the money is
Monthly Seasonal Performance of Stocks
Seasonality changes over time! First have a look at a screenshot of one of my favorite website investopedia.com They have some nice articles about the seasonal performance of stocks and the effects in trading. But unfortunately the information is not precise, and therefore misleading. The chart shown suggests that the average return for the S&P500… Continue reading Monthly Seasonal Performance of Stocks
EEX Phelix Base Yearly – Buy Wednesday, short Thursday?
When it comes to simple trading strategies, the day of the week is surely one of the best things to start with. That’s nothing new when it comes to equity markets. Everybody knows about the calendar effects, based on when the big funds get and invest their money. I do not know about any fundamental… Continue reading EEX Phelix Base Yearly – Buy Wednesday, short Thursday?
Bitcoin – end of the bullish bubble
Bitcoin has come a long way but now it is time to say good bye. Being a trend following trader on the long side, the chart right now suggest anything else but a trend following long strategy. It might all look completely different in a few weeks or months, but right now the bitcoin market… Continue reading Bitcoin – end of the bullish bubble
Bitcoin Trading Strategy – review of returns
Bitcoin is not as bullish as it used to be. May it be due to fundamental reasons like transaction cost and slow speed, or maybe the herd found a new playground, whatever it might be, it is a good time to have a look how my bitcoin trading strategy performed. The bitcoin trading strategy uses… Continue reading Bitcoin Trading Strategy – review of returns
The rhythm of the market
Usually we chart the market at it’s absolute level. But what, if we would just chart the net daily, weekly, monthly movement? Would this be an advantage? Would this show us new trading opportunities? The short answer is: Yes! The trend is not everything, and it seems to be of some significance for further movements,… Continue reading The rhythm of the market
STA – Society of Technical Analysts
I am happy to announce that Trevor Neil will be presenting my “VIX Timing for SP500” at the next STA meeting in London. https://www.sta-uk.org/resources/meetings-events/ I wrote the strategy for the IFTA conference in Tokyo and published it on this site It performed well, and now it is on Trevor to use it for educational purposes… Continue reading STA – Society of Technical Analysts