Rules:

1. Buy on Thursday @ or below 27.75
2. Hold for 7 days or
3. 2.00% profit

disclaimer:

These trades are back-tested and no one can predict what happens in the future.  There is a small test sample and I may or may not take either trade.  I present this as pure research.  If you take the trade and it turns out badly you have been warned.  If it turns out great than you are welcome.  I believe the data to be accurate but I am only human so you should verify these trades yourself.

Backtest data:

FTNT looks to have made a peak and is now consolidating with lower volume.  This RSI-DX trade in the past has paid off pretty well and we will limit our exposure by being in the trade for just 4 days.  If the market rallies you could extend the time frame to gain some, but not worth it in my opinion.  We are looking for a 2.75% payout.

Rules:

1. Buy tomorrow at 20.47 or less

2. Hold for 4 trading days or

3. Sell when 2.75% profit is reached which ever comes first

disclaimer:

These trades are back-tested and no one can predict what happens in the future.  There is a small test sample and I may or may not take either trade.  I present this as pure research.  If you take the trade and it turns out badly you have been warned.  If it turns out great than you are welcome.  I believe the data to be accurate but I am only human so you should verify these trades yourself.

Here is the back testing:

The system will not trade out of the market until we get a 4% down week on the value line index.

Ned Davis 4% Trading System live tracker.

Banks ended up on top for the week with a nice 5.5% close which is phenomenal when you see that at one point during the week the banks were down –2%.

Semiconductors had the weakest week up just 2% but again a nice recovery from being down over 4%.

Weakest for the week was commodities with a 1.7% gain.

The Volume Weighted Moving Average is the sum of the number of shares bought times share price divided by the total number of shares bought:

It can be used as a support and resistance type indicator where price is “attracted” to the VWAP.  Moving below the VWAP shows weakness, above strength.

The !RL _VWAP has a couple of inputs:

Property Inputs:

Price for a bar is used to calculate the share price.  True VWAP does a running total on a tick by tick basis.  This indicator averages the price per bar and divides the answer by the total number of trades made on that bar.

You can put any formula you want on the price to calculate the average price for the bar.

Smooth will average the VWAP over a period of time.

DateORsession determines when the VWAP will reset.  Set to a 1 VWAP resets on a date change.   Set to a 2 VWAP will use the TradeStation session date and time to reset the VWAP.

Download

Joining RedLionTrader.com as a premium member for a one time payment of just $49.99/year gets you access to our Ten Day Trades and an Indicator per month.  A single good trade is work $49.99 and several of our indicators sell on the internet for $499 or greater.. just for an Indicator!

But you get more that that.  You get great breadth research, help in setups and with your indicator and 100% support  We are not happy until you’re happy..

Give Premium a chance for a year. 

Our $49.99 offer is limited.. and we are not just saying that.  As our popularity increases so does our server cost.  We have already gone from free to 24.99 now to 49.99.  Our next price increase is to $99.50.  So join now while the prices are this low.

>>>> Go for Gold. Sign Up. <<<<

The SPY trade just closed out:

That turned out to be a 2 day play in a 10 day window.

Link for Trade: http://www.redliontrader.com/headline/spy-7-day-trade-for-2-5-gain/

Ten day Trades: http://www.redliontrader.com/active-ten-day-trades/

Important News for Go For Gold, Price going up to $49.99/year on Thursday. Timer is set…

First thank you all.  For those that have signed up to go gold, first thank you and second congratulations because tomorrow the membership is going to be worth $49.99, that’s a good investment!

he response to turning RedlionTrader.com into a membership site has been overwhelming.  Yesterday we had our biggest day on the site ever. The ten day trades and new indicators are becoming very popular.

I had a set number of $24.99 gold memberships I could offer and we went through most of them, in fact I wanted to do just two more than I currently have, but I didn’t think out the process very well of how to make the transition to the next paying platform level.  So I am just going to change it.

Tomorrow  (Thursday Sept 2nd) the price will move up to $49.99 for new membership as support and hosting costs are going up again as we have hit a new membership plateau. 

At the rate we are growing I don’t think the $49.99 level is going to hold very long, and the next level is $99 per year.  Seeking value for a web-service is very difficult,  there is a lot of free information out in the internets but it is difficult to find [good stuff that is] and it comes and goes.  The only way to get consistent;y good data is to pay for it, and the only motivation to produce it is to get paid for it.  That makes sense. Where the line for fair value is, however, is difficult to discern.

It is clear by the response that at $24.99/year we are under-priced.  My biggest problem is a majority of readers think that is a monthly price. No it is annual payment and it is not a subscription, you won’t be charged every year. 

I have taken too much of yours and my valuable time to simply write that tomorrow our prices will double, I wanted to warn you and encourage you to take advantage of a closing window if you haven’t done so already.

Here is a link if you want to advantage of the $24.99/year price:

>>> Go for the gold <<<

Thanks

-Red

ps..  I promised not to send out daily marketing information, but real information with value, either trades or indicators or tradable information.  I just wanted to send out a warning to those that are not gold yet.