Beating the FINANCIAL FUTURES MARKET: Combining Small Biases Into Powerful Money Making Strategies
Art Collinsamazon.com
Beating the FINANCIAL FUTURES MARKET: Combining Small Biases Into Powerful Money Making Strategies
On a buy signal, enter at the open plus 33 percent of the previous three-day average range on a stop. On a sell signal, enter at the open minus the same amount.
There are profitable systems that involve price targets, but as any researcher can tell you, most times the bottom line would have been better without them.
you have to convert the two respective markets into like units. One full S&P point (or 10 ticks on the full contract, four on the mini) is equivalent to roughly eight Dow points. Once you have that, it’s easy to ascertain whether a given rally is S&P or Dow led. If the former is up five full points and the latter is up 16, the spoos are def
... See moreTwo conditions—identical for buys and sells—(not vice-versa). The highest high of the last 20 days minus the close equals 10 percent or less of the entire 20-day range The average five-day range is at least twice the size of the prior average 20-day range. (The 20 day average spans from 25 days ago up though 6 days ago—concluding just before the re
... See moreUnderstand your drivers. Test only in support of theories or concepts you believe to be true about the markets.
If the market closes down five days in a row and then up on the sixth day, buy the next day and vice versa. That first contrary close is apparently telling the world, “about time!” and there tends to be one more day of confirmation.
Profits and losses should be dispersed somewhat evenly throughout your data field.
If you are 45 minutes or more into the session and the RSI is 85 or more, then buy on the opening of the next bar. Continue to initiate until a half hour before the close. If you are 45 minutes or more into the session and RSI is 15 or less, then sell short on the opening of the next bar. All other rules are the same. Exit all trades at 5 minutes b
... See moreSystem results should hold up in other markets, especially those closely related to your original testing field.