"We are going to grow traders just like they grow turtles in Singapore" Richard Dennis. (5TH Sep'89 THE WALL STREET JOURNAL) Find out how traders made their millions in both the bull and bear market with Trendfollowing and CounterTrend trading systems.
Tuesday, February 26, 2008
The Turtle Trader Swing Trading System for SiMSCI
The Turtle Trader Swing Trading System
MSCI Singapore 02/27/2008
The diamond symbols identify a trade signal. Long term trends are shown as Red (SELL) and Green (BUY) Highlights. Blue highlights identify Swing trends
• Open 384.5000
• High 384.5000
• Low 378.3000
• Close 383.3000
• Change 2.5000 (0.66%)
Divergence Signals
Today's price range constitutes a valid long term trend.
Long Term Trend
Currently in Long Mode.
Swing Trend
Currently in Long Mode
*Definition of Long Term Trend and Swing Trend.
Swing Trend 1 - 7 Days.
Long Term Trend 7 - 90 days
Directional Indicator Table
Today's Value Previous Value
+DI 24.000 24.000
-DI 28.000 29.000
ADX 23.000 24.000
ADXR 29.000 30.000
The ADX is currently below both Plus and Minus Directional indicators. This system should not be used to initiate any trades right now.
This review is not a recommendation to buy or sell, but rather a guideline to interpreting the specified analysis methods. Past performance is not indicative of future results. There is a substantial risk of loss in futures trading. Futures trading involves a high degree of leverage, which allows for large returns, but also large losses. Due to the high degree of risk you should carefully consider whether commodity trading is appropriate for you. This information should only be used by investors who are aware of the risk inherent in futures trading. The Turtle Trader accepts no liability whatsoever for any loss arising from any use of this review or its contents.
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