Rich Trend Trader's Blog

August 20, 2014

Trend Model BUY Signal Issued EOD 8/19/2014 (SELL Signal Failure)

Filed under: Trend Timing Model — Rich Trend Trader @ 6:08 am

The market rallied to close above the signal day of the Trend Model SELL Signal issued the EOD on 7/21/2014.  Therefore, there is a SELL signal failure.  The CASH signals resulted in positive gains for a signal that both failed and currently sitting on negative gains.

DISCLAIMER: https://richtrendtrader.wordpress.com/disclaimer-on-information-presented-in-this-blog

August 19, 2014

Trend Model SELL Signal Re-Entry Issued EOD on 8/18/14

Filed under: Trend Timing Model — Rich Trend Trader @ 8:32 am

The Sell Re-Entry conditions have been met with the market action on 8/18/14.  All trend model indices closed above their previous 5-day high and above the high from the first CASH signal on 7/31/14.  Therefore, re-entering into short trades that were cashed out during the two previous CASH signals.

DISCLAIMER: https://richtrendtrader.wordpress.com/disclaimer-on-information-presented-in-this-blog

August 2, 2014

Trend Model CASH (100% Short Positions put into Cash) Signal Issued EOD 08/01/2014

Filed under: Trend Timing Model — Rich Trend Trader @ 8:57 am

The trend model indices (SML, MID, and SPX) closed below their respective lower Bollinger (20,2) band with their respective 5-Day RSI below 20.  The requirement for a CASH signal during a trend model SELL signal (at least 2 indices closing below the lower Bollinger band and respective 5-Day RSI < 20) has been met.  Therefore, 100% of the short market positions is to be closed and put into cash on 8/4/2014.  A market low is not neccessarily indicated by this occurance but historical data indicates that this requirement provides better overall returns over the long term.

DISCLAIMER: https://richtrendtrader.wordpress.com/disclaimer-on-information-presented-in-this-blog

August 1, 2014

Trend Model CASH (50% Short Positions put into Cash) Signal Issued EOD 07/31/2014

Filed under: Trend Timing Model — Rich Trend Trader @ 6:49 am

The trend model indices (SML, MID, and SPX) closed below their respective lower Bollinger (20,2) band with their respective 5-Day RSI below 20.  The requirement for a CASH signal during a trend model SELL signal (at least 2 indices closing below the lower Bollinger band and respective 5-Day RSI < 20) has been met.  Therefore, 50% of the short market positions is to be closed and put into cash on 8/1/2014.  A market low is not neccessarily indicated by this occurance but historical data indicates that this requirement provides better overall returns over the long term.

DISCLAIMER: https://richtrendtrader.wordpress.com/disclaimer-on-information-presented-in-this-blog

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