Browsing Archive: February, 2011

Another Quiet Weekend

Posted by Kris Pivo on Sunday, February 27, 2011,

We had another quiet week and we feel that a breakout is imminent. Reduce position sizing and wait to see what happens, before committing the trading capital.
Last week, with the 2011 strategy we made $89.79 while with the 2010 strategy we made only $29. See below respective charts with their equity curves.

Setting up for Break Out

Posted by Kris Pivo on Saturday, February 19, 2011,

Last week Cable moved to the resistance level R2, which is a three-week resistance level and on daily charts a Cup and Handle formation. So watch out next week for a major breakout North or rollover heading South. Either way we anticipate above average directional move.

Our (2011) Double Edge Blade strategy generated $286.50 in profits with three trades. See equity curve:

Our (2010) Cable Ambush strategy generated only $65.76, with only one trade this week. See below:

This once again show the...
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Quiet Before the Storm

Posted by Kris Pivo on Saturday, February 12, 2011,

Last week the Double Edge Blade (DEB) strategy yielded only $103 [first picture]...

...versus Cable Ambush (CA) $0 [second picture with flat Equity Curve].

We had a very quiet week, the price action was contained well within the mid-pivots M2..M3. It is usually "quiet before the storm" so let's see what happens next week.

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Cable Ambush vs Double Edge Blade

Posted by Kris Pivo on Saturday, February 5, 2011,

It is very interesting to note that the Cable Ambush strategy (our 2010 strategy) returned greater profit than our Double Edge Blade strategy. CA produced profit of $138 (see our previous post), vs. DEB profit of $334 (see chart below)

This confirms our hypothesis that DEB has a lower risk profile, with lower returns. However we didn't anticipate such a big difference. We will observe it over the next few weeks and report our findings.

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