March 17th, 2020

Just a quick recap. We are trading a theoretical portfolio using a simple method and 5 symbols: S&P 500, Gold, Oil, Bitcoin and the currency pair USD EUR. We take three Exponential Moving Averages, 8, 21, 55. 21 above 55 indicates an uptrend. We will only take long trades as triggered by the 8 crossing above the 21. If the 21 is below the 55 we will assume a downtrend. We can only take short orders as the 8 crosses below the 21. Most readers will not have a futures account or have accounts that don’t allow short sells. Once a trade is triggered in the futures account, I will switch to an ETF that represents the instrument.

More as we go.

Let’s start with Bitcoin.


Look at the lines on the chart. The blue (21 EMA) has just crossed the brown (55). This symbol is changing to a downtrend. The red is already below the blue and the brown. This is setting up a short sell in Bitcoin. Bitcoin is a bit of a different animal to trade. I may switch that one to something more conventional. More later on this one.

S&P 500

The chart above is of the S&P 500. We are solidly in a downtrend per our definition. We are waiting for a trigger on this chart.

Gold is still in an uptrend (scroll down to weekly round up to see the chart).

Oil is also in a downtrend. It is closing in on a support level established in February 2016. We were stopped out of Oil. You can scroll down to review that trade.

The USD/EUR is between trends. The blue EMA is above the red EMA but below the brown EMA.

Our theoretical portfolio started at $100,000 in the first week of February. It is currently $110,087.

Everything above is discussed more fully as an event occurs. If you want a more complete presentation of Basics and Methods and Process, click:

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