Trading Systems blogs

The following press release will be on the wires Wednesday but we wanted to let our blog readers know about this before anyone else:

FOR IMMEDIATE RELEASE: March 29, 2006
PRESS CONTACTS:
David M. Aferiat, Trade Ideas, LLC
Managing Partner, Business Development
Contact Us
[email protected]
http://www.trade-ideas.com/

Trade-Ideas' Idea Generation Technology and Real-Time Analysis Adds Canadian Stocks to Its List of Exchanges
Free Tools You Can Use and the List of Who's Using Them
at 2006-04-04 01:40:29
We keep alot of our Idea Generation Technology (IGT) free for the community of interested chartists, traders, and technicians. Doing so keeps people aware of our technology and the value we bring to decisions about what to trade and when to trade it.

For example here is a list of all of our Alerts. Click on the alert link to see the current list of stocks activating this alert.
Single Alert Type

Another example is the research available on individual stocks. A free technical analysis report of trends appears here:
Stock Information

We even give away a free version of the real-time product. Although it only considers two of our alerts (the Daily High and Low Alerts), you can use any of our filters to really define the pattern these stocks should be in before an alert occurs. Click on Configure and goto the Filter section to start adjust

Strategy Session: Find Long Term Consolidation Breakouts
at 2006-04-04 01:40:28

We thought we'd share a more sophisticated strategy that (in a modified version) one of our hedge fund customers shared with us. Here is the premise:

The key to success is to be able to spot those golden opportunities that everyone wants to be in on - early.
The Strategy: Longer Term Consolidation Breakouts

How It's Modeled: To accomplish this we are going to use the Min Days Consolidations fil

CNBC Squawk Box Fantasy Portfolio Challenge
at 2006-04-04 01:40:28

Thanks to Downtown Trader for pointing this contest out. Downtown Trader created a separate blog for the Squawk Box contest and plans to track the results of his stock selection using Trade-Ideas' Idea Generation Technology (IGT). We wish him good luck.

Here is the contest website: Trading Summary : 03/10/2006
at 2006-04-04 01:40:19

Just like yesterday, I took one dumb trade (ZQK short) and one good trade (SGMS long). However, the overall result was a wash as I only got a partial fill on SGMS, and I took a partial loss on ZQK. But at least I did not suffer an overall loss today.

ZQK was a stupid trade purely because the first bar had a long tail, but more importantly, the second bar (which I entered off) was a spinning top showing indecision. I should have waited on the next bar, which was a hammer, and that would have kept me out of the trade. In fact, the 10:00am hammer and the 10:15am up bar lifting off the OR low showed strength, meaning I could have gone long with a target of the fib retracement zone which it just hit two bars later.