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Tuesday, July 11, 2006

Signals in action

Dow moved in swings and our system captured 90% of the moves.

Today, we started with a shortsale. The opening bar itself was a 5 Star System Shortsale.

Dow couldn't break 11040-60 resistance area and then we got a Long signal ( PR_SE blue arrow) .

There was a bit of dilemma as we saw a PR_SE short entry but it was a weak signal as our very own "momentum" was bullish so we stayed Long.

Then just after 6.30pm we got a PaintBar Long Entry ( Green Bars ). So, two strategies working together must be a really strong signal.

PaintBar System stayed green all the way although PR_LE and PR_SE signals appeared during the second round of rally.

Since 10th July PR_SE short signal, the results are

Short = + 100 points
Long = + 80 points

Our system is well suited with a high degree of 'volatility'.

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