URBN

We entered URBN long today, maybe not the best move as the price had a bit of a pull back today and the signal weakened time to place stops per the orange lines….

Scan results 26th April 2010

All the following appeared as potential trades

Ticker Date/Time ORLY 26/04/2010 PCAR 26/04/2010 PCLN 26/04/2010 QCOM 26/04/2010 QGEN 26/04/2010 ROST 26/04/2010 SBUX 26/04/2010 SHLD 26/04/2010 SIAL 26/04/2010 SNDK 26/04/2010 SRCL 26/04/2010 STX 26/04/2010 URBN 26/04/2010 XRAY 26/04/2010 YHOO 26/04/2010

Only URBN with a Buy Greater than 40 is advisable, all the other trades are too far progressed at this point.

The Foundation v13.01.afl

I have spent a little time looking at the foundation and the posibility of using this as a trading system, here are the signals I got on 22/04



Here are the results from these entry decisions.

Pretty good results on both long and short.

Something different

Every so often it’s good to scan the SW libraries to see what is new, Amibroker is now an established  trading platform with many developers, a new system “The Foundation” is available by the programmer “southwind” and it is quite impressive, I back tested it against all our trades, the commentary T3 and signal (Buy/Sell) would have prevented 3 of our loosing trades and more importantly it would have give more confidence around setting stop losses.

I am adding some snapshots here of the trades we would like to enter, all shorts for the moment but it is a new start again, lets give it a few weeks. The system creates so much information it will take some getting used too….

Trade
Type Entry
Price ADSK SHORT 30.77 CA SHORT 22.56 CMCSA SHORT 18.21 DISH SHORT 21.19 EBAY SHORT 26.00 LOGI SHORT 16.83 NVDA SHORT 16.37 PAYX SHORT 30.53

P&L

P&L to date, the trading sytems appears to need some modification and as we enter earnings season it may be timley to try out some new explorations. We will let the remaining trades follow throught to the stops and then start afresh with the new system.

	Trade Type	Entry Date	Entry Price	Exit date	Current Price	Profit/ Loss	Action
CMCSA	Long	24-Feb	16.42	08-Mar	17.56	6.9%
FWLT	Short	24-Feb	26.71	01-Mar	24.45	8.5%
MYL	Long	22-Feb	19.61	02-Mar	21.47	9.5%
QCOM	Short	25-Feb	37.18	02-Mar	36.82	1.0%
CSCO	Long	05-Mar	25.05	26-Mar	26.36	5.2%
CA	Short	09-Mar	22.65	15-Mar	23.05	-1.8%
XRAY	Long	10-Mar	34.67	22-Mar	34.25	-1.2%
LLTC	Long	16-Mar	28.19	22-Mar	28.27	0.3%
Previous trades 24-Feb to date						28.4%
FLIR	Long	22-Mar	27.36		28.06	2.6%	upper open Lower 27.71
ALTR	Short	19-Mar	24.95	23-Mar	25.71	-3.0%
XLNX	Short	19-Mar	26.66	01-Apr	25.90	2.9%
APOL	Short	24-Mar	63.9	26-Mar	61.10	4.4%
CTXS	Short	24-Mar	47.8	25-Mar	48.90	-2.3%
SYMC	SHORT	26-Mar	16.89	09-Apr	17.01	-0.7%
MYL	SHORT	26-Mar	22.03	01-Apr	23.03	-4.5%
NWSA	LONG	26-Mar	14.62	07-Apr	14.39	-1.6%
ATVI	Long	01-Apr	12.13		12.48	2.9%	upper open Lower 11.78
FWLT	Long	05-Apr	29.01		30.34	4.6%	upper open Lower 28.68
XLNX	Long	06-Apr	26.59	08-Apr	26.05	-2.0%
					TD	31.45%

P&L

	Trade Type	Entry Date	Entry Price	Exit date	Current Price	Profit/ Loss	Action
CMCSA	Long	24-Feb	16.42	08-Mar	17.56	6.9%
FWLT	Short	24-Feb	26.71	01-Mar	24.45	8.5%
MYL	Long	22-Feb	19.61	02-Mar	21.47	9.5%
QCOM	Short	25-Feb	37.18	02-Mar	36.82	1.0%
CSCO	Long	05-Mar	25.05	26-Mar	26.36	5.2%
CA	Short	09-Mar	22.65	15-Mar	23.05	-1.8%
XRAY	Long	10-Mar	34.67	22-Mar	34.25	-1.2%
LLTC	Long	16-Mar	28.19	22-Mar	28.27	0.3%
Previous trades 24-Feb to date						28.4%
FLIR	Long	22-Mar	27.36		28.93	5.7%	upper open Lower 27.71
ALTR	Short	19-Mar	24.95	23-Mar	25.71	-3.0%
XLNX	Short	19-Mar	26.66	01-Apr	25.90	2.9%
APOL	Short	24-Mar	63.9	26-Mar	61.10	4.4%
CTXS	Short	24-Mar	47.8	25-Mar	48.90	-2.3%
SYMC	SHORT	26-Mar	16.89		16.69	1.2%	upper 17.01 Lower 16.27
MYL	SHORT	26-Mar	22.03	01-Apr	23.03	-4.5%
NWSA	LONG	26-Mar	14.62	07-Apr	14.39	-1.6%
ATVI	Long	01-Apr	12.13		12.11	-0.2%	upper open Lower 11.78
FWLT	Long	05-Apr	29.01		29.32	1.1%	upper open Lower 28.68
XLNX	Long	06-Apr	26.59		26.58	0.0%	upper open Lower 26.05
					TD	31.95%
	Trade Type	Entry Price	Earnings
CMCSA	Short	<17.93	OK

CMCSA Short candidate

CMCSA indicators weaking.

P&L

	Trade Type	Entry Date	Entry Price	Exit date	Current Price	Profit/ Loss	Action
CMCSA	Long	24-Feb	16.42	08-Mar	17.56	6.9%
FWLT	Short	24-Feb	26.71	01-Mar	24.45	8.5%
MYL	Long	22-Feb	19.61	02-Mar	21.47	9.5%
QCOM	Short	25-Feb	37.18	02-Mar	36.82	1.0%
CSCO	Long	05-Mar	25.05	26-Mar	26.36	5.2%
CA	Short	09-Mar	22.65	15-Mar	23.05	-1.8%
XRAY	Long	10-Mar	34.67	22-Mar	34.25	-1.2%
LLTC	Long	16-Mar	28.19	22-Mar	28.27	0.3%
Previous trades 24-Feb to date						28.4%
FLIR	Long	22-Mar	27.36		28.67	4.8%	upper 30.12 Lower 27.36
ALTR	Short	19-Mar	24.95	23-Mar	25.71	-3.0%
XLNX	Short	19-Mar	26.66	01-Apr	25.90	2.9%
APOL	Short	24-Mar	63.9	26-Mar	61.10	4.4%
CTXS	Short	24-Mar	47.8	25-Mar	48.90	-2.3%
SYMC	SHORT	26-Mar	16.89		16.72	1.0%	upper 17.01 Lower 16.27
MYL	SHORT	26-Mar	22.03	01-Apr	23.03	-4.5%
NWSA	LONG	26-Mar	14.62		14.70	0.5%	upper open Lower 14.39
ATVI	Long	01-Apr	12.13		12.08	-0.4%	upper open Lower 11.78
FWLT	Long	05-Apr	29.01		30.10	3.8%	upper open Lower 28
XLNX	Long	06-Apr	26.59		26.52	-0.3%	upper open Lower 25.69
					TD	35.16%

 

	Trade Type	Entry Price
PAYX	Long	31.3

Profit & Loss

	Trade Type	Entry Date	Entry Price	Exit date	Current Price	Profit/ Loss
CMCSA	Long	24-Feb	16.42	08-Mar	17.56	6.9%
FWLT	Short	24-Feb	26.71	01-Mar	24.45	8.5%
MYL	Long	22-Feb	19.61	02-Mar	21.47	9.5%
QCOM	Short	25-Feb	37.18	02-Mar	36.82	1.0%
CSCO	Long	05-Mar	25.05	26-Mar	26.36	5.2%
CA	Short	09-Mar	22.65	15-Mar	23.05	-1.8%
XRAY	Long	10-Mar	34.67	22-Mar	34.25	-1.2%
LLTC	Long	16-Mar	28.19	22-Mar	28.27	0.3%
FLIR	Long	22-Mar	27.36		28.27	3.3%
ALTR	Short	19-Mar	24.95	23-Mar	25.71	-3.0%
XLNX	Short	19-Mar	26.66	01-Apr	25.90	2.9%
APOL	Short	24-Mar	63.9	26-Mar	61.10	4.4%
CTXS	Short	24-Mar	47.8	25-Mar	48.90	-2.3%
SYMC	SHORT	26-Mar	16.89		16.83	0.4%
MYL	SHORT	26-Mar	22.03	01-Apr	23.03	-4.5%
NWSA	LONG	26-Mar	14.62		14.79	1.2%
ATVI	Long	01-Apr	12.13		12.03	-0.8%
FWLT	Long	05-Apr	29.01		29.72	2.4%
					TD	32.21%

 

	Trade Type	Entry Price
XLNX	Long	>26.59
PAYX	Long	>31.3

PAYX

PAYX, good long candidate, enter greater than 31.30