FtR 10.7 May 2015 Signals Update

Ups and downs. This month started with a big win in ZB then market slowly took away all the profits. The last trade, which closed today, bring in very small profits to end this roller coaster May. As consolation, FtR 10.7 still maintain "clean sheet" in 2015. :)

FtR 10.7 Apr 2015 Signals Update

This month, Crude Oil futures, CL rebounds aggressively to test $60 a barrel. FtR 10.7 managed to capture part of the move and grabbed some profit of $3000++ per lot. This trade alone contributed to more than 50% of the total profit for the month of April.

The "usual suspect" ZB also did well for the month of April. Representatives from grain futures, Corn, ZC and Wheat, ZW made some bearish movement while Soybean, ZS remain sideways...

FtR 10.7 Feb 2015 Signals Update

I wouldn't deny the fact that I like ZB, 30Y US Treasury Bonds Futures so much. It came to rescue many times, turns a losing month into profitable one. I know this is wrong to be bias toward certain market, since trading is a probability game, You will never know the future in advance. Preferential treatment (placing more weight of your portfolio in certain market that you like) is suicidal in this business. Don't worry, I still obey my position sizing rules. :)

This month, FtR 10.7 managed to recover from early drawdown and became profitable by the end of the month. So far, after 2 months of trading, everything went smoothly. But I will keep myself alert of any drawdown monsters lying just around the corner.

Good day ahead, everybody! :)

FtR 9.7 August 2014 Signals Update

When I let go of what I am, I become what I might be.

FtR 9.7 emjoys a brilliant month this August. Gold, Crude Oil, Bonds and Grains have some pretty good runs this month. FtR 9.7 managed to capture some of the movements and made some profits. As long as market continue to trend, there are profit opportunities for trend trading systems like FtR 9.7.

Cheers!

FtR 9.7 May 2014 Signals Update

FtR 9.7 experienced a rather flattish month this May. 30Y US Treasury Bond Futures (ZB) again dominated the signals with 4 out of 6 trades done.

One market worth mentioned is Gold Futures (GC). It staged a downside break out after spending about 2 months protecting 1280 region. Too bad, FtR 9.7 didn't flash any short signals along its dramatic down movement.

FtR 9.7 Apr 2014 Signals Update

FtR 9.7 System enjoyed a rather smooth month in April. 30Y US Treasury Futures (ZB) contributed nearly half of the profits.

And my last April position which was short on Gold Futures (GC), ended with the precious metal staged a dramatic trend reversal yesterday. Shown above 15 min intraday chart of GCM4.

If you want to trade like what I did in FtR 9.7 Trading System, consider subscribe to my Trading Signals Sharing.

FtR 9.7 Mar 2014 Signals Update

I included two trades that closed today (April 2nd) in March record. The last one was ZB, which happened to be the largest loss for the month. I am satisfied with another profitable month for FtR 9.7. :-)

Flash Spike During Holiday Sessions

Copper Futures (HG) and US 30Y Treasury Bond Futures (ZB) experienced flash spike during thin-traded holiday sessions. They adjusted ZB high to 131-12 though. One friend asked how to avoid such trading situation. Well, 食得咸鱼抵得渴. Unless you avoid the market completely, you will probably come across such situation in your trading journey.

How about taking advantage of such occurrence? For example, trade the opposite direction when the minutes candlestick shows "shooting star" or "hammer" or "engulfing patterns"? I don't have the statistics but you may back test on this idea. I remember one day in 2008, FKLI did a similar "flash spike" in a lazy Friday afternoon. Here is the daily chart:

What happened next? The chart speaks for itself.

Happy Holidays!