With an average holding time of 11 calendar days, the average gain for all currently open trades, both long and short, is 4.9%. The overall win rate is 67% of total trades. Shorts are up an average of 5.1% with a 73% win rate. Longs are up an average of 4.7% with an average win rate of 61%. There are still a few more longs than shorts on the list and the algorithm generated significantly more longs than shorts yesterday.
The fact that shorts are 15 of 33 open trades and are working just as well as longs shows the lack of coherence in the rally, and is a warning that the rally is probably near its end.
Daily trades list update for November 9, 2017. New buys, sells, short sales, cover shorts, and updated stops.
Market Update Pro subscribers click here to download the report.
The daily trades list update is an addendum to the weekly market update published every weekend. Click here for the latest Market Update.
Liquidity moves markets!Click here to learn how you can follow the money.
Not yet a subscriber? Try the Market Update Pro including Daily Trades risk free for 90 days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Start your risk free subscription now and get instant access.
Enter your email address in the form to receive email notification when Professional Edition reports are posted.