First about last week. All my trades were profitable and are closed (see last blog post). First off the signal is working beautifully, and enough traders believing the lie that the Fed is ever going to raise rates just made it easier.
This week, the signals have me in watch and wait mode, with a very interesting pattern in IBB that bears watching.
My automatic SVXY hourly trade signal is being beta'd right now, and the feedback has been favorable, with some great suggestions to improve performance. We will test for sixty day to get enough data points, and to continue to reduce any latency in the signal, and any slippage due to time to delivery. Both are solvable and are being engineered into the program.
My $50,000 to $1,000,000 trading only volatility challenge in five years is ahead of schedule. I attached the graph for review, and will continue to post the trades live.
Enjoy the charts.