$36.93...
Spot now trading at $37.16.
I have been tracking preliminary signals which appear to be regular indicators of the signal I track. Obvioulsy, I will focus on these "preliminary" signals to see if they are reliable in any meanigful way.
After July 1st, when I commence trading on these signals, I will monitor price movements (and therefore signals) much more closely which will remove SOME of the execution risk.
Tuesday, June 7, 2011
Wednesday, June 1, 2011
Short Signal
$37.74...
Obviously as we are in the developmental phase there are bugs...the greatest being "Execution Risk", meaning is it possible to execute trades in a timely manner in response to signals.
As I post this Spot Silver is $36.98...in the past there have been entry points within 24h-48rs of a signal at a better price than the signal. More often there has not. It is now a matter of seeing whether a retracement will provide the chance to close out the long of May 18 (at $34.80) and go short in response to this signal...
I will post some statistics of the reliability of past signals and volatility of price during the next month.
fwiw I plan to start trading this system on July 1st 2011.
Obviously as we are in the developmental phase there are bugs...the greatest being "Execution Risk", meaning is it possible to execute trades in a timely manner in response to signals.
As I post this Spot Silver is $36.98...in the past there have been entry points within 24h-48rs of a signal at a better price than the signal. More often there has not. It is now a matter of seeing whether a retracement will provide the chance to close out the long of May 18 (at $34.80) and go short in response to this signal...
I will post some statistics of the reliability of past signals and volatility of price during the next month.
fwiw I plan to start trading this system on July 1st 2011.
Wednesday, May 25, 2011
Tuesday, May 24, 2011
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