Weekly Zero Wrap Up

I had a chance to fine tune and debug the Zero while you guys were all off skiing in Aspen, Gstaat, or wherever you spent your ill-gotten gains. Much progress has been made in your absence and I think this week’s performance seems to indicate that all those laborious hours in the evil lair are starting to pay off. But the proof is in the pudding as I always say, and thus going forward I will post a weekly Zero wrap up on Fridays for you all – this is numero uno:

This week was pretty linear – I have added squares at each prospective entry and I even moved one entry up to ‘keep it real’ as we would have entered late due to the Zero warning us about RL resistance lurking above. The tape today managed to push through a 923/97% short RL on a 1.2 signal which is highly irregular – under normal circumstances it takes a 6+ signal to accomplish that (at least based on prior data collected before the holidays). I will continue to monitor the situation but expect that we see things normalize going forward – these things happen during holiday conditions and I think optimizing for them would be a mistake.

All in all we have been almost continously long since about 2:30pm on Monday as our first long ETA was triggered. We got kicked out on Tuesday after nice profits but then jumped right back in on another long ETA. This one was followed by several other alerts – the only interruption was another exit signal this morning, which was fortunately followed by yet another ETA. I am counting 9 alerts since Monday afternoon and there was maximum of four concurrent positions. We are ending the week with three concurrent positions in the running.

I must say that I’m quite pleased with this week’s performance – as I’ve kept saying lately – give this thing a trend and it’ll point you in the right direction.

Enjoy your weekend my steel rats – I have an inkling that this is only the beginning of a very profitable year. I’m all pumped and read to roll – let’s hit the ground running on Monday. Expect my weekend forecast sometimes Sunday once inspiration (or desperation) kicks in.

Cheers!