top of page

Trading System Signals on March 18, 2022 - Melt Up Long Trades

50K Portfolio 1 Micro SI 25 (LIVE) = +$1,850

200K Portfolio 6 Micro SI 25 (LIVE) = +$11,150

*Still open position on one long trade but will close it before the weekend. 60M Breakout holds over the weekend but we will be flat over the weekend.

We are at new equity peaks, 4 of the last 5 days.

My heart weighs heavy for those suffering in the Ukraine.

We continue to do what we do professionally. The market offered an easy trend today and we took it.

We hit equity peaks on Monday with mostly shorts. Tuesday, Thursday, and Friday gave us additional equity peaks in a rising market with mostly longs.

I have anticipated more capitulation but the Nasdaq has seen a 1500 point bounce off of Tuesday's lows. Its good to be wrong and still see your strategies show profits. A large number of bulls came out and all decided to call a bottom at the same time this week. Marko Kolanavic, the well known JP Morgan quant, (who is always bullish) finally got a big bounce off of one of his calls. I guess the third time is the charm. We took advantage of these flows. Only time will tell if these are fundamentally sound or not. We are short term traders and continue to take long and short trades as we actively manage our trading.

4 views0 comments

Recent Posts

See All

Live Trading System Signals on June 11, 2024

The One Million MNS was up +1.025% today in live trade and the 250K Portfolio was up $2,050. It was a turbulent start to the day and we were down almost -1% at the lows. We had a nice recovery to go u

Live Trading System Signals on June 10, 2024

The One Million MNS was up +0.975% today while the 250K Portfolio was up $1,950 on the day. The Stock Index Portfolio 18 was up +$2,910. The market continued to move higher today. The VIX was up and t

Live Trading System Signals on June 6, 2024

The One Million MNS was down -0.825% today and the 250K Portfolio was down -$1,650 giving back about one fourth of yesterday's gains in the chop before the Jobs Report tomorrow morning at 7:30 am CST.


bottom of page