I have added some patterns to the Bond system and as a result, there is a trade for tomorrow for us to monitor.
Current Position: NONE
Place the following order(s)...
To Enter Long: BUY 1 Contract at MARKET
(Rule: "LM 12")
If entry is filled, cancel all other existing orders and place the following order(s)...
To Exit Long: SELL 1 Contract at 1^20 below the Entry Price STOP
(Rule: "Exit Long: Stop Loss")
The System is indicating to buy the open and carry a stop loss 52 ticks below the opening price. We are going to monitor these live here for a month before I decide whether or not I will offer this as a service. For all I know it will crash and burn, but it has been pretty robust recently. The reason I feel this should work well overall is that all the patterns that are in this have worked for years and years and have stood up to the change into electronic markets. Time will tell. I am not a huge fan of trading like this any more but I also like to diversify some.