In the POST on 28th July 2015 I wrote:
Once again, It will be interesting to monitor these trade set-ups over the next few weeks/months and see if the entries are triggered and if so, how the trades pan out.
I was referring to the 5 Predictor buy/sell signals generated on MVG, ULTA, DBVT, COST and ANAC.
It is now almost 4 weeks since those signals were generated and this post is an update as to how the trades have panned out. As with previous posts I shall show 2 charts for each symbol. the 1st chart is a copy of the original chart analysis and the 2nd chart is “Now” ie market close Friday 22nd August 2015.
2 charts for MVG
2 charts for ULTA
2 charts for DBVT
2 charts for COST
2 charts for ANAC
Trades not triggered: MVG
Stopped out: DBVT Loss $0.97c ULTA Loss $2.89c
Total Loss to date $ 3.86c
trades still running at a loss: none
Total actual loss = $3.86c
Those trades still running at a profit: COST up $7.00c ANAC up $33.00c.
Total running profit $40.00c
If all trades were closed out now, the net gain would be $36.14c( Exc fees)
profit factor(PF) =$ win/$ loss = $40.00c/$3.86c = 10.33!!!!
given that profit factor only needs to be > 1.2 to have a winning system. The 10.33 PF shown by these 5 Predictor trades far exceeds that figure and shows what a powerful reversal trading system the predictor signals produce.
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CFTC Commission rule 4.41(b)(1)(i) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. IMPORTANT: The risk of loss in trading futures, options, cash currencies and other leveraged transaction products can be substantial. Therefore only “risk capital” should be used. Futures, options, cash currencies and other leveraged transaction products are not suitable investments for everyone. The valuation of futures, options, cash currencies and other leveraged transaction products may fluctuate and as a result you may lose more than the amount originally invested and may also have to pay more later. Consider your financial condition before deciding to invest or trade.