Trade Ideas at open 13-Nov-2013 , $NUGT, $PSE

Trade Ideas at open 13-Nov-2013 , $NUGT, $PSE

13 Nov 2013 Trade Ideas

operating the Quant-Ideas pro database , with the below query

price > 5 & trade sample size over past 4 years > 16, & the average monthly volume > 2 mil & the %age winners > 70% , & the outlier profit factor >  2 ,& pay off ratio >2  & the historical average profit of > 1%

we found the following three trades , assuming one enters the trade at open on 13  Nov-2013 and exit at 13 Nov 2013 close

1) Short $NUGT ( Direxion Daily Gold Miners Bull 3X Shrs ( NUGT ) at next open , when Commodity Channel Index (CCI) moved below -100

ps: The CCI period used is 20

below the trading odds for short at next open when $NUGT CCI(20) moves below -100 and buy to cover the next day at close, since last 4 years

  • Total # of Trades : 39
  • Percent Profitable Trades : 72%
  • Number of Win Trades : 28
  • Number of Loss Trades : 11
  • Avg Profit Trade % : 2.62
  • Median Trade % : -2.40
  • Avg Win Trade % : 4.45%
  • Avg Loss Trade % : 2.03%
  • Max Win Trade % : 12.33%
  • Max Loss Trade % : 7.02 %
  • Max Consecutive Wins: 8
  • Max Consecutive Losses: 2
  • Ratio Avg Win / Avg Loss % :2.19
  • Profit Factor :7.57
  • Outlier Adjusted Profit Factor :6.34

2) Long $PSE (Pioneer Southwest Energy Partners LP) at next open , when  when Commodity Channel Index (CCI) moved below -200

ps: The CCI period used is 20

below the trading odds for long at next open when $PSE CCI(20) moves below -200 and exit at the next day at close, since last 4 years

  • Total # of Trades : 21
  • Percent Profitable Trades :76%
  • Number of Win Trades :16
  • Number of Loss Trades :5
  • Avg Profit Trade % :1.31
  • Median Trade % :1.18%
  • Avg Win Trade % :1.94%
  • Avg Loss Trade % :-0.69%
  • Max Win Trade % :6,56%
  • Max Loss Trade % :2.08%
  • Max Consecutive Wins :9
  • Max Consecutive Losses: 1
  • Ratio Avg Win / Avg Loss % :2.81
  • Profit Factor: 8.51
  • Outlier Adjusted Profit Factor: 6.68

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One thought on “Trade Ideas at open 13-Nov-2013 , $NUGT, $PSE

  1. Pingback: The Winning Trade System | 7Wins.eu

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