Holly Morning Huddle: Long Side, ‘Power Hour Long’, Leads 7 Algos

Holly Morning Huddle: Long Side, ‘Power Hour Long’, Leads 7 Algos

Jul 19, 2016

Good morning. Welcome to our Open House all this week! It’s been a great start.

As of today, Tuesday, July 19, 2016, the return from my trading performance since January 1 stands at +41.9 accumulated points vs the benchmark SPY’s performance of +10.9 points over the same period. On Monday my performance jumped +2.13 from Friday on just 9 trades from just one strategy, ‘Sunrise Mover’, while the SPY fell -0.58.  

Today’s a new day and I am prepared for the market open with 7 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 7 strategies selected today 6 are Long, bullish in outlook. 1 is Short, bearish in outlook. Ready for anything. The lone short strategy, ‘Too Much Too Soon’, in the list below has the highest Win %s based on optimized, backtested scenarios. On Friday it was the strategy with the highest Win % but it did not fire off a trade. Today may be different.
Here are the algos:

No. Win % Strategy L/S
1 52.1 Alpha Predator Long
2 59.7 Bon Shorty Short
3 68.9 Mighty Mouse Long
4 60.9 On Support Long
5 73.3 Power Hour Long Long
6 69.7 Strong Stock Pulling Back Long
7 61.3 Tailwind Long
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.

If you are new to Trade Ideas be sure to take part in our Open House this week for complete access to our actionable market intelligence.

Have a great morning. See you in the markets!
Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence