Thursday, November 5, 2009

'BTD Index' generated an Exit Signal for Today's Close, 11/5/2009: books first loss (about 1 point) after 6 winning trades in a row.





  • 'BTD Index' generated an exit signal today, booking about 1 point loss...
  • after 5 winning trades in a row since june, and 6 since 12/07, there was bound to be a loser...however, 1 point is nothing to worry about...
  • the equity curve is essentially at its all time high...
  • i trade this model with the NQ...i was supposed to wait until the 4pm close to exit this trade, but today i exited during the morning ramp up, thinking that the am strength would not hold...the early exit was at 1713.75, and the 4pm closing exit would have been around 1719, so i missed out on about 5 NQ points here...

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