Quote of The Day "I have seen many storms in my life. Most storms have caught me by surprise, so I had to learn very quickly to look further and understand that I am not capable of controlling the weather, to exercise the art of patience and to respect the fury of nature."
-- Paulo Coelho
|
|
|
You don't need to control the wind if you can control those sails...
Equity markets inched ever higher this week on light volume... It will be interesting to see what happens after the long weekend (U.S.) as we settle into the early stages of Fall... |
|
|
|
|
|
|
|
|
|
|
|
|
|
TNX [10 Year Bond Yield] Weekly |
|
|
Crude Oil (CL-Futures)Weekly |
|
|
Gold [GC-Gold Futures] Monthly |
|
|
Bitcoin Daily
The price of Bitcoin keeps bouncing off the major support level down below. Sellers are good shape unless price can make it up through the resistance line. |
|
|
|
The ES S&P Emini As the charts show, the S&P Emini broke through the previous all time high and even managed to breach the top of TAOST Weekly Hi Power Zone.
ES Weekly Chart As of 31 August 2018 |
|
|
ES Daily Chart As of 31 August 2018 |
|
|
ES Swing [120 Minute] Chart As of 31 August 2018 |
|
|
TAOST Bias Tracker Current Balance $7,835.00 Only added about $500 to the balance this week...
This will be the last week that I publish the Bias Tracker...
To this point, the strategy - Returned 783.5% on the original $1,000 (remember, the balance above is net of that original $1k as a risk reduction strategy)
- Delivered 97 trades
- Win rate - 46%
- Average Black Ratio -- 6.15
- Is ahead of the model by $1,800 (at trade date 64, the model is up to $6,000)
There's no way I can promise that new folks would be able to do the same. It really depends on your Emotional Capital... and everyone's is different. What I can say is I tried to trade the strategy pretty close to exact same each time... especially in the first month.
Hope you've enjoyed following along.
Click the chart of the equity curve below to review the trades spreadsheet. |
|
|
|
This Week On TAOST's Facebook Page
A look at some of my Facebook posts from this week. |
|
|
As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
|
|
P.S. Was this email forwarded to you? Get your own free ticket to the party here.
|
|
Copyright The Art of Simple Trading, LLC 2018 All Rights Reserved |
|
