| StockFetcher Forums · Filter Exchange · MODIFIED CONNORS RSI(2) FILTER | << 1 ... 12 13 14 15 16 ... 22 >>Post Follow-up |
| ham1198 174 posts msg #95398 - Ignore ham1198 |
8/5/2010 10:16:07 AM kevin, hope you got filled on vq @ 16.50$. i was hoping to get it at 16.25$ never got there. good luck. |
| Kevin_in_GA 4,599 posts msg #95425 - Ignore Kevin_in_GA modified |
8/5/2010 10:14:59 PM Update - 8/05/2010 PLCE - Scored 5/6 on the Connors filters, and closed below the lower BB(20,2), and has moved more than 2 SD below its usual relationship with the SPY. Limit order entry at 41.13 (requires a 1.72% pullback) Stop loss at 40.41 (risk of 1.75%) Target exit (r2) at 43.93 for a potential profit of 6.81%. Reward-to-Risk ratio: 3.89 ORDER FILLED AT 41.13. STOPPED OUT AT 40.41 FOR A LOSS OF 1.75%. WERN - Scored 5/6 on the Connors filters. Limit order entry at 22.69 (requires a 1.46% pullback) Stop loss at 22.36 (risk of 1.48%) Target exit (r2) at 23.76 for a potential profit of 4.69%. Reward-to-Risk ratio: 3.16 ORDER FILLED AT 22.69. CLOSED AT 22.73 FOR A GAIN OF 0.18% NEW POSITIONS OPENED TODAY: VQ - Scored 5/6 on the Connors filters, and RSI(2) below 1. Limit order entry at 16.50 (requires a 2.16% pullback) Stop loss at 16.13 (risk of 2.20%) Target exit (r2) at 18.03 for a potential profit of 9.32%. Reward-to-Risk ratio: 4.23 ORDER FILLED AT 16.13. CLOSED AT 16.75 FOR A GAIN OF 1.52% ABMD - Scored 4/6 on the Connors filters, and has moved more than 2 SD below its usual relationship with the SPY. Limit order entry at 10.21 (requires a 3.88% pullback - unlikely to fill) Stop loss at 9.91 (risk of 2.87%) Target exit (r1) at 11.03 for a potential profit of 8.03%. Reward-to-Risk ratio: 2.80 ORDER FILLED AT 10.21. CLOSED AT 10.26 FOR A GAIN OF 0.49% BVN - Scored 2/6 on the Connors filters, and closed below its lower BB(20,2). Limit order entry at 35.75 (requires a 1.07% pullback) Stop loss at 35.37 (risk of 1.08%) Target exit (r2) at 37.55 for a potential profit of 5.02%. Reward-to-Risk ratio: 4.64 ORDER FILLED AT 35.75. CLOSED AT 36.27 FOR A GAIN OF 1.45% POSITIONS NOT FILLED: EMKR - Scored 6/6 on the Connors filters, closed above the upper BB(20,2), RSI(2) above 99, closed above the upper BB(16,2.5), and has moved more than 2 SD above its usual relationship with the SPY. Limit order entry at 1.09 (requires a 2.18% move higher) Stop loss at 1.12 (risk of 2.13%) Target exit (s2) at 0.98 for a potential profit of 10.67%. Reward-to-Risk ratio: 5.00 ORDER NOT FILLED VRTX - Scored 6/6 on the Connors filters, closed above the upper BB(20,2), closed above the upper BB(16,2.5), and has moved more than 2 SD above its usual relationship with the SPY. Limit order entry at 37.50 (requires a 3.41% move higher - unlikely to fill) Stop loss at 38.73 (risk of 3.30%) Target exit (s2) at 34.69 for a potential profit of 7.48%. Reward-to-Risk ratio: 2.27 ORDER NOT FILLED CVH - Scored 6/6 on the Connors filters, closed above the upper BB(20,2), RSI(2) is almost 99, and has moved more than 2 SD above its usual relationship with the SPY. Limit order entry at 21.87 (requires a 1.55% move higher) Stop loss at 22.21 (risk of 1.52%) Target exit (s2) at 20.51 for a potential profit of 6.25%. Reward-to-Risk ratio: 4.10 ORDER NOT FILLED Net gain for the week - 0.38% ($94.73 on a total of $25,000 invested). |
| ham1198 174 posts msg #95483 - Ignore ham1198 |
8/6/2010 1:10:50 PM ...got my 16.25$ today. patience pays off. glta |
| ham1198 174 posts msg #95491 - Ignore ham1198 |
8/6/2010 4:04:49 PM ....saw this on seeking alpha: The Chart of the Day Venoco (VQ) is a new position as of this afternoon. The pick is a bit more aggressive than I would normally like, but I expect shares will find support at $16, which had been resistance for most of this winter. Volume picked-up in June as shares broke past $16.20 resistance and later found support at that same level back in July. A bearish engulfing candle and the gap down last week are a concern. The stock should at least backtest the 50 day moving average (which is moving higher) at $17.40. The downside risk is minimal provided that commodities remain hot. To the upside we could be looking at a quick move to $19 resistance. The next few days will be very telling for this company. |
| Kevin_in_GA 4,599 posts msg #95515 - Ignore Kevin_in_GA |
8/8/2010 3:53:56 PM UPDATE FOR WEEK OF 8/2-8/6 PLCE - Scored 5/6 on the Connors filters, and closed below the lower BB(20,2), and has moved more than 2 SD below its usual relationship with the SPY. Limit order entry at 41.13 (requires a 1.72% pullback) Stop loss at 40.41 (risk of 1.75%) Target exit (r2) at 43.93 for a potential profit of 6.81%. Reward-to-Risk ratio: 3.89 ORDER FILLED AT 41.13. STOPPED OUT AT 40.41 FOR A LOSS OF 1.75%. WERN - Scored 5/6 on the Connors filters. Limit order entry at 22.69 (requires a 1.46% pullback) Stop loss at 22.36 (risk of 1.48%) Target exit (r2) at 23.76 for a potential profit of 4.69%. Reward-to-Risk ratio: 3.16 ORDER FILLED AT 22.69. STOPPED OUT AT 22.36 FOR A LOSS OF 1.48% VQ - Scored 5/6 on the Connors filters, and RSI(2) below 1. Limit order entry at 16.50 (requires a 2.16% pullback) Stop loss at 16.13 (risk of 2.20%) Target exit (r2) at 18.03 for a potential profit of 9.32%. Reward-to-Risk ratio: 4.23 ORDER FILLED AT 16.13. CLOSED AT 17.13 FOR A GAIN OF 3.82% ABMD - Scored 4/6 on the Connors filters, and has moved more than 2 SD below its usual relationship with the SPY. Limit order entry at 10.21 (requires a 3.88% pullback - unlikely to fill) Stop loss at 9.91 (risk of 2.87%) Target exit (r1) at 11.03 for a potential profit of 8.03%. Reward-to-Risk ratio: 2.80 ORDER FILLED AT 10.21. STOPPED OUT AT 9.91 FOR A LOSS OF 2.87% BVN - Scored 2/6 on the Connors filters, and closed below its lower BB(20,2). Limit order entry at 35.75 (requires a 1.07% pullback) Stop loss at 35.37 (risk of 1.08%) Target exit (r2) at 37.55 for a potential profit of 5.02%. Reward-to-Risk ratio: 4.64 ORDER FILLED AT 35.75. CLOSED AT 36.44 FOR A GAIN OF 1.93% NO SHORT POSITIONS FILLED AT ALL THIS WEEK Net loss for the week - -0.07% ($19.23 on a total of $25,000 invested). This is the first week since I began tracking this approach that it has ended up in negative territory, although in this case the loss is awfully small. |
| Kevin_in_GA 4,599 posts msg #95519 - Ignore Kevin_in_GA modified |
8/8/2010 10:50:58 PM A little frustrated by my recent inability to get equal long and short trades placed, because I am waiting for a pullback or rise that does not come. Thus, I am going back to a simpler system – 1) buy at open, 2) set a 3% stop loss and a 6% profit target, 3) close all trades by end of trading on Friday. LONG plays for this week (4 for Monday): ABMD STAA CRR ABV SHORT plays for this week (4 for Monday): PXP AUXL RGLD ZLC Let's see how this goes - this is basically what I did in the beginning, but I used stops based on the ATR(10). |
| duke56468 683 posts msg #95522 - Ignore duke56468 |
8/9/2010 9:28:17 AM Thanks Kevin, I appreciate you sharing all that work with us on this filter. |
| Kevin_in_GA 4,599 posts msg #95527 - Ignore Kevin_in_GA |
8/9/2010 10:35:24 AM In at the open on all 8 trades - easy to do when you are paper trading! I will most likely wait till the end of the day to put stops in - last week I got hit too quickly on them. If any are more than 3% down from the open at the end of the day, I'll close them out as if they were stopped out. |
| Kevin_in_GA 4,599 posts msg #95567 - Ignore Kevin_in_GA |
8/10/2010 9:36:54 PM Still holding all 8 trades for now - no stops put in place (I'm feeling lazy ...) LONG plays for this week: ABMD - DOWN 1.36% STAA - DOWN 3.21% (WILL GIVE THIS ONE MORE DAY) CRR - DOWN 1.87% ABV - DOWN 0.13% SHORT plays for this week: PXP - UP 3.16% AUXL - UP 2.82% RGLD - UP 0.92% ZLC - UP 1.46% Net gain/loss so far this week - +0.22% ($89.80 on a total of $40,000 invested). Net gain/loss so far this week for the SPY - -0.48%. |
| Eman93 4,750 posts msg #95569 - Ignore Eman93 |
8/11/2010 12:11:05 AM http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1350193 An interesting paper on Momentum..... via the Woodsheder, who has been known to lurk these boards. Keep up the good work. It might be interesting to you Kevin, he has a blog on I bank coin . com. He build system trading platforms. |
| StockFetcher Forums · Filter Exchange · MODIFIED CONNORS RSI(2) FILTER | << 1 ... 12 13 14 15 16 ... 22 >>Post Follow-up |
Copyright 2022 - Vestyl Software L.L.C.•Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data
Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus