Tuesday 15 April 2008

TRIN System Exits With 42 Points

TRIN system exit today. Finally got the exit signal with the Better TRIN Oscillator turning up. Exited at the close with a gain of 42 points.

The chart below shows the TRIN swing system I trade. It is a variation of the TRIN systems included in the Better TRIN Indicator package. I've tried to limit the number of trades taken to reduce drawdowns and capital required to trade.

Emini TRIN System Image

TRIN System (Emini daily)

We might get a pullback Wednesday or Thursday - but my best guess is this is the beginning of the next up leg for the Emini. The TRIN is usually the first oscillator to turn and I'm still waiting for the Hilbert Sine Wave to cross on the daily Emini chart.

Multiple Time Frames & Hilbert Sine Wave

Just had to post these next 2 charts. This doesn't happen often - but when it does the signals are great. Today's low around 1,326 was nailed when we got 2 "End of Trend" signals using the Better Sine Wave. The "End of Trend" signals coincided on the 233 and 699 tick charts that I use for day trading.

Emini Hilbert Sine Wave 1 Image