Follow signals from the Prophet4Traders system to identify turning points in the U.S. stock market
The purpose of this site is to share results of a trading system that I use for identifying both long-term and short-term trading opportunities. I take the time to do this because of my passion for investing and helping others succeed. The system helped me avoid the "Crash of 2007/2008" and every major correction since then. The cornerstone of my trading system are analyses of market liquidity to gauge longer-term market sentiment and equity and index options (put/call ratios) to identify short-term entry and exits.
This site is for information purposes only. Past performance of the trading system is not a guarantee of its future success. Please consider consulting a qualified investment adviser before making investment decisions.
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Friday, January 24, 2014
Secondary fallback
I wanted to alert my readers that if the S&P appears like it won't close above 1814.74 today, I will be executing my plan to sell my equity position down to the 30% level. This 1814.74 level represents a ATR3 trailing stop reversal and is my fallback if all else fails to trigger a signal.