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.

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