| StockFetcher Forums · Filter Exchange · MODIFIED CONNORS RSI(2) FILTER | << 1 ... 5 6 7 8 9 ... 22 >>Post Follow-up |
| optionplayer333 801 posts msg #94770 - Ignore optionplayer333 |
7/14/2010 7:41:03 AM its much easier totime the market-do it all the timePerformance results for your filter covering the dates: Friday July 2, 2010 to Tuesday July 13, 2010 Change Offset << Week · Day Previous Next Day · Week >> Results For Next... Overall Adv(%) Dec(%) Adv vs Dec Unch IXIC(%) DJIA(%) 1 Day -1.47% 96 (+1.36%) 231 (-2.67%) 4 +0.10% +0.59% 2 Days +3.67% 294 (+4.50%) 35 (-3.10%) 2 +3.24% +3.43% 3 Days +5.39% 302 (+6.20%) 27 (-3.26%) 2 +4.00% +4.67% 4 Days +7.67% 319 (+8.16%) 11 (-5.80%) 1 +5.00% +5.28% 1 Week +6.23% 304 (+7.11%) 25 (-3.92%) 2 +5.09% +5.47% Current +9.81% 319 (+10.41%) 12 (-6.14%) 0 +7.18% +6.98% 331 matching stocks kevein thats 97% winners up an averager of 10 % in 6 days |
| optionplayer333 801 posts msg #94771 - Ignore optionplayer333 |
7/14/2010 7:43:12 AM i know 10 ways to make you 5-10% every week- you need to talk to me over skype and team viewer5- i 30 minutes- you will see a very clear picture |
| Kevin_in_GA 4,599 posts msg #94774 - Ignore Kevin_in_GA modified |
7/14/2010 9:17:40 AM Very few good long plays are being selected by the Composite long filter. Given that I closed out 3 shorts and 2 longs yesterday, I only need 1 new short to keep dollar neutrality. Lots of good choices - DWA scored a composite 9, lots of 8's as well. Looking at the charts, my choice is TUP - Tupperware. It scored a 6/6 on the Connors short filters, closed above its BB(20,2) by a LOT, its RSI(2) is 98.67, and it has moved more than 2 SD from its usual relationship with the SPY. Also important - it closed at 43.67, and its MA(200) is at 44.485, its weekly MA(20) is at 44.55, and its weekly MA(50) is at 43.26. Will short this at the open. EDIT: In on the open at 43.59, stop loss at 45.77 and profit target at 41.49. |
| Kevin_in_GA 4,599 posts msg #94790 - Ignore Kevin_in_GA |
7/14/2010 10:35:22 PM Update: Long Plays FDO - scored 2/6 on the Connors filters, and closed below the lower BB(20,2). In on the open at 36.02, stop loss at 34.77 and profit target at 37.25 (set at open price +/- 1 ATR(10)). Closed at 37.08, for a gain of 2.94% (came within $0.01 of profit target today) FCN - Closed below the lower BB(20,2). In on the open at 32.69, stop loss at 30.88 and profit target at 34.50 (set at open price +/- 1 ATR(10)). Closed at 32.91, for a gain of 0.67% RGS - closed below the lower BB(20,2), and has moved more than 2 SD from its usual relationship with the SPY. In on the open at 13.78, stop loss at 13.05 and profit target at 14.50 (set at open price +/- 1 ATR(10)). Closed at 14.11, for a gain of 2.39% Short Plays PM - Scored 6/6 on the Connors filters, closed above the upper BB(20,2), and gave a BB(16,2.5) SELL signal. In on the open at 48.57, stop loss at 49.50 and profit target at 47.63 (set at open price +/- 1 ATR(10)). STOPPED OUT for a loss of 1.88% APC - Scored 6/6 on the Connors filters, and RSI(2) is above 99. In on the open at 47.59, stop loss at 49.64 and profit target at 45.54 (set at open price +/- 1 ATR(10)). Closed at 47.58 for a gain of 0.02% TUP - Scored a 6/6 on the Connors short filters, closed above its BB(20,2), its RSI(2) is 98.67, and it has moved more than 2 SD from its usual relationship with the SPY. In on the open at 43.59, stop loss at 45.77 and profit target at 41.49. Closed at 43.33, for a net gain of 0.60% Net change for today - a gain of 0.08% Net change for this week - a gain of 1.98% Need to add one short play here to maintain dollar neutrality - or two shorts and one additional long play. Looking at the short filter, there are a lot of good possibilities, but again the long filter is returning very few hits, none of which are very compelling. Therefore I'll add only 1 short play for tomorrow: MON (Monsanto) - Scored a 5/6 on the Connors short filters, closed above its BB(20,2), its RSI(2) is above 99, and it has moved more than 2 SD from its usual relationship with the SPY. |
| ttd0sve 9 posts msg #94793 - Ignore ttd0sve |
7/15/2010 12:06:15 AM Hello Kevin! I'm glad to see someone is trading with this setup. I have been buying pullbacks for about six months now and its the only way I have been trading since the beginning of the year. I have noticed that if the stock does not go my way when I buy it then it will not come back around for maybe a week, tying up my money just to brake even. Now if the trade does not go my way when I first go long I just sell for the small loss. I have never went short but probably will some time soon. Just thought I would let you know that I like your thread! |
| Kevin_in_GA 4,599 posts msg #94796 - Ignore Kevin_in_GA |
7/15/2010 10:12:26 AM I'll add only 1 short play for today: MON (Monsanto) - Scored a 5/6 on the Connors short filters, closed above its BB(20,2), its RSI(2) is above 99, and it has moved more than 2 SD from its usual relationship with the SPY. In at the open on 7/15 at 54.59, stop loss at 57.28 (-4.70%), profit target at 51.48 (+6.04%) |
| cath_campbell 5 posts msg #94803 - Ignore cath_campbell |
7/15/2010 12:25:54 PM Hey Kevin, thanks for the filter and the explanation on the Conner's RSI.... keep up the good work, I really enjoy reading your updates! |
| Kevin_in_GA 4,599 posts msg #94817 - Ignore Kevin_in_GA |
7/15/2010 8:21:25 PM Update for 7/15: Note that I have updated my stop loss and profit targets to be based on 1.5 * ATR(10) rather than just 1.0 * ATR(10) - stops seemed too tight and profits might have been taken too soon. Only time will tell ... Long Plays FDO - scored 2/6 on the Connors filters, and closed below the lower BB(20,2). In on the open at 36.02, stop loss at 34.77 and profit target at 37.88 PROFIT TARGET HIT at 37.88, for a gain of 5.16% FCN - Closed below the lower BB(20,2). In on the open at 32.69, stop loss at 30.00 and profit target at 35.40 Closed at 33.29, for a gain of 1.84% RGS - closed below the lower BB(20,2), and has moved more than 2 SD from its usual relationship with the SPY. In on the open at 13.78, stop loss at 12.72 and profit target at 14.84 Closed at 14.11, for a gain of 2.39% Short Plays MON (Monsanto) - Scored a 5/6 on the Connors short filters, closed above its BB(20,2), its RSI(2) is above 99, and it has moved more than 2 SD from its usual relationship with the SPY. In at the open on 7/15 at 54.59, stop loss at 57.28, profit target at 51.48 Closed at 56.03 for a loss of 2.64% APC - Scored 6/6 on the Connors filters, and RSI(2) is above 99. In on the open at 47.59, stop loss at 50.66 and profit target at 44.52 Closed at 49.08 for a loss of 3.13% TUP - Scored a 6/6 on the Connors short filters, closed above its BB(20,2), its RSI(2) is 98.67, and it has moved more than 2 SD from its usual relationship with the SPY. In on the open at 43.59, stop loss at 45.77 and profit target at 41.49. Closed at 43.40, for a net gain of 0.44% Net change for today - a loss of 0.25% Net change for this week - a gain of 1.73% Was doing well today until APC suddenly went through the roof once they announced that the BP well had been successfully capped. I'll need a new long play to maintain neutrality. Only one decent stock coming out of the composite long filter - CPE (Callon Petroleum Co.) - Scored 5/6 on the Connors long filters, and is more than 2 SD from its usual relationship with the SPY. |
| Kevin_in_GA 4,599 posts msg #94836 - Ignore Kevin_in_GA modified |
7/16/2010 12:47:19 PM Did not get a chance on enter any trades at the open today - I know that this is currently only a paper exercise, but I am trying to be as realistic as possible. Good thing - like most of the market, CPE took a nose dive right out of the gate, and is trading down ~4% right now. Still a good long play. No need to add it right now, since my short play on MON just stopped out at 57.28. Will most likely close out these trades at the end of today, taking a small gain for the week. |
| mystiq 650 posts msg #94846 - Ignore mystiq |
7/17/2010 3:58:56 AM optionplayer333 msg #94771 - Ignore optionplayer333 7/14/2010 7:43:12 AM i know 10 ways to make you 5-10% every week- you need to talk to me over skype and team viewer5- i 30 minutes- you will see a very clear picture !what a piece of work! now you have a buddy to share reco's>? |
| StockFetcher Forums · Filter Exchange · MODIFIED CONNORS RSI(2) FILTER | << 1 ... 5 6 7 8 9 ... 22 >>Post Follow-up |
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