That’s me, of course!
But while I came out ahead of most commentators in calling the housing bubble and the banking sector crash, I wasn’t the most vocal or high-profile one. Someone on the shortlist for that accolade would have to be Peter Schiff. On Tuesday he was on Bloomberg covering what he sees […]

I’ve done a ton of reading about the current financial crisis, and seen numerous articles that explain components of the reasons for the meltdown - but the best explanation of the whole chain of interconnected players in the house-of-cards built on a foundation of greed comes from the radio, not the press.
Congratulations to Chicago Public […]

I’ve just completed the 4th update of my list of the best trading systems out of more than 6000 at Collective2.
You can view my latest selection here:
www.trendsensor.com/Best_Trading_Systems.htm
Or view a couple of systems I recommend here:
trendsensor.collective2.com/systemlist
Tags: Forex Signals Index Signals All Market Updates & Comments (Stocks & Forex) Verified By Collective2
[…]

… Or: “Is Banking Tanking? - Phase 2″
Comptroller of What?:

Maybe the most important public servant you’ve never heard of: John C. Dugan is the current and 29th Comptroller of the Currency for the United States.
The Office Of The Comptroller Of The Currency (OCC) is established as a Bureau of the Department of the Treasury, […]

Almost 5000 trading systems on Collective2 - how do you find the best?
In this latest update of the best trading systems on Collective2 only 8 systems meet my stringent criteria, out of a total of almost 5000 systems.
Here are the criteria:
Criteria:

Max Drawdown not more than 20%
Realism Factor of 80% or higher
Age on C2 of 60 […]

Collective2 is an independent company that verifies and audits trading system performance using live trading data in real-time.
To be frank, the almost 5000 systems on Collective2 are no different from traders anywhere: 90% of them fail, and only a small percentage are consistent and professional.
So how do you find the best trading systems - those […]

Trade Review:
Symbol: QGCZ7
Trade Type: Short day trade
Entry Date: Nov 15
Entry Price: 791.50
Exit Date: Nov 15
Exit Price: 787.20
Gain/(Loss): +0.54%
Max Adverse Move: 0.00%
Reward/Risk Ratio: N/A
Comments: This was a straddle trade order place around the recent market highs and lows. A long entry would have been a longer-term position, but (as I advised when placing […]

Trade Review:
Symbol: spot USDCHF
Trade Type: Long swing trade
Entry Date: Nov 12
Entry Price: 1.1293
Exit Date: Nov 13
Exit Price: 1.1214
Gain/(Loss): (-0.70%)
Max Adverse Move: 0.70%
Reward/Risk Ratio: -1:1
Comments: This trade was based on a TrendSensor trading signal for a related pair that can’t be traded via Collective2. A small loss was incurred but I may re-enter long […]

Trade Review:
Symbol: Spot GBPNZD
Trade Type: Short swing trade
Entry Date: Nov 8
Entry Price: 2.7163
Exit Date: Nov 11
Exit Price: 2.7516
Gain/(Loss): (-1.30%)
Max Adverse Move: -1.30%
Reward/Risk Ratio: -1:1
Comments: Not a great trade, but loss contained to under 2%, which is one of my risk management goals. I have a model that reliably indicates a major impending trend […]

Trade Review:

Symbol: DIA (DJI tracking ETF)
Trade Type: Short swing trade
Entry Date: Nov 8
Entry Price: 130.92
Exit Date: Nov 9
Exit Price: 131.29
Gain/(Loss): (-0.28%)
Max Drawdown: 1.91%
Reward/Risk Ratio: -0.15:1
Comments: This attempt to short DIA came a little too late. I don’t mind the small loss. What worries me is the technical health of DIA (and DJI). […]

Trade Review:

Symbol: SPY (S&P 500 tracking ETF)
Trade Type: Long swing trade
Entry Date: Nov 9
Entry Price: 145.69
Exit Date: Nov 9
Exit Price: 145.00
Gain/(Loss): (-0.47%)
Max Drawdown: 0.47%
Reward/Risk Ratio: -1:1
Comments: The first of three attempts (so far!) to enter long on SPY. I don’t mind the small loss. What worries me is the technical health of […]

S&P 500 and DJI have slid about as far as they can without breaching critical support levels. In the process they’ve carved out almost perfect A-B-C declines, and finished with a very nice intra-day reversal pattern yesterday. Pushing below nearby support would strongly suggest something much nastier is about to unfold. I […]