A RULE OF TRADING

Discipline always makes hard work easy.

Jordan Kimmel – Portfolio Manager

Advertisements

THE TRADING WEEK

This week the P.A.S. system has found (among others) two setup markets:

  • GOLD
  • 10 YEAR T-NOTE

GOLD WEEKLY SETUP:

The long position is open.

The P.A.S. system move at 1140 the trailing stop at 1 bar (the transaction is in gain, the P.A.S. system enter at 1135).

GOLD NEW

10 YEAR T-NOTE WEEKLY SETUP:

The transaction was closed on Friday with a gain/loss = – 0.1 points (with trailing stop at 1 bar):

TNOTE

THE NEXT TRADING WEEK

For the next trading week the P.A.S. system has found (among others) two setup markets:

  • 10 YEAR T-NOTE
  • GOLD

10 YEAR T-NOTE WEEKLY SETUP:

T-NOTE 10Y WEEKLY

GOLD WEEKLY SETUP:

GOLD WEEKLY

As reported in the “About”, the P.A.S. system find a market set up and only then establish a position once there has been a change in trend.

Trading tip: for both markets the rise in the price above the high of the bar on Friday is an operation with a high probability.