Jump to content

How to trade the Dow using Reflex Trader?

Recommended Posts

Hello

Does anyone use Reflex Trader, (Eoin Treacy) which uses the USA pensions dates to predict rise in the Dow? I looked at it but didn’t have sufficient detail to make a decision. Thanks in advance...

John

Share this post


Link to post

When you say that are you referring to individuals being paid out from their pensions and all the mom and pop people bidding, or you talking about institutional dates for large bids on particular stocks? 

Share this post


Link to post

Hi @JohnWoottonUK & @PandaFace,  Don't know too much about him or this Dow strategy. He does get a hat tip from Bill Bonner who I have followed for years. I was wondering where you found the strategy John and if you have done his 4 day course in the first link below?

Panda, Eoin Treacy's book Crowd Money could be a contender for your tread on books (2nd link).

http://www.tradingtriggers.co.uk/

http://systemsfortraders.com/forums/topic/crowd-money-review-eoin-treacy/

  • Great! 1

Share this post


Link to post

I feel that in theory this makes sense but I’m not entirely convinced that this always happens at the same time, and therefore could be difficult to spot. Also, I think there’s a post on Community about institutional investing and how to gauge it to see when to get involved. A very easy to follow set of criteria. 

Share this post


Link to post

Reflex trader says the next trade should begin on 26th July so it will be interesting to follow that. Last one was on 12th July and that panned our successfully. 

Share this post


Link to post

So the thesis is on July 26 we’ll be seeing a Dow rally. Tbf ECB and other macro stuff may have the same effect. 

Share this post


Link to post
Guest JohnWoottonUK

Yes, I wanted to keep an eye on it as it’s an interesting idea. But I think I was right not to buy in to Reflex Trader just yet. Thanks to you all for your thoughts.

Share this post


Link to post

I have been wondering just what pensions dates/data are being used that come out before the 12th and 26th, if that was known then a backtest should be relatively easy.  

Share this post


Link to post
Guest John Threadgold

I asked a lot of questions re the how well the strategy worked, the year on year results ( there were two years it failed ) and the number of consecutive losses they are had ( it was 4 trades ) and capital management etc. I was surprised that they  answered all my questions in detail. I have bought into it for a one year subscription. I am happy to let you know how it goes, for good or ill. 

Share this post


Link to post
On 8/25/2018 at 12:53 PM, Guest John Threadgold said:

I asked a lot of questions re the how well the strategy worked, the year on year results ( there were two years it failed ) and the number of consecutive losses they are had ( it was 4 trades ) and capital management etc. I was surprised that they  answered all my questions in detail. I have bought into it for a one year subscription. I am happy to let you know how it goes, for good or ill. 

Share this post


Link to post

Thanks John. The guy I spoke to wouldn’t give me any detail so well done to you for that. Updates would be good as my concern was the amount of capital I could possibly lose before I accumulated enough not to worry about losses. Cheers; John Wootton.

Share this post


Link to post
On 7/22/2018 at 9:13 AM, Caseynotes said:

Hi @JohnWoottonUK & @PandaFace,  Don't know too much about him or this Dow strategy. He does get a hat tip from Bill Bonner who I have followed for years. I was wondering where you found the strategy John and if you have done his 4 day course in the first link below?

Panda, Eoin Treacy's book Crowd Money could be a contender for your tread on books (2nd link).

http://www.tradingtriggers.co.uk/

http://systemsfortraders.com/forums/topic/crowd-money-review-eoin-treacy/

Thanks, I should update too, I mentioned above the free 4 day course which I did signed up for out of interest. Of course there were regular plugs for the subscription service but on the whole it was interesting. It is only 4 half hour lectures where he sets out his general strategy which is quite simple and sound with no tricks and does at least give a few ideas so it was worth the time. Screening for setups was a major factor and this is where the subscription service would do a lot of the 'leg work'.

(trading triggers link above)

Share this post


Link to post
Guest Jack Harper
On 25/08/2018 at 12:53, Guest John Threadgold said:

I asked a lot of questions re the how well the strategy worked, the year on year results ( there were two years it failed ) and the number of consecutive losses they are had ( it was 4 trades ) and capital management etc. I was surprised that they  answered all my questions in detail. I have bought into it for a one year subscription. I am happy to let you know how it goes, for good or ill. 

Hi there John, I have come across this strategy since your post and wanted to know how the subscription is going? Have the trades been working or is it a bit overhyped?

Share this post


Link to post
Guest Moonshiner

Anybody had any more experience of this? Am tempted to sign up. Though some of the examples seem to show a risk/reward of 1:1 which as a newb reading things like the Van Tharpe Book on Trading doesn’t seem a like great ‘system’ going by his criteria. They seem to be indicating you should be looking for at least 1:3 to stand a chance once slippage, trading costs and other factors are considered. 

Grateful for any thoughts from someone thats trying it given it’s £1500. Cheers! 

Share this post


Link to post

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Our picks

    • Post in Indices
      "UK retail sales at 9:30 and US durable goods at 1:30. Strong bear day yesterday though only Nikkei tested key support levels." Stay up to date on how the indices are moving and have your say.
    • Post in Successful strategy?
      Analysis of 43 million trades by DailyFX showed that 61% of trades are actually profitable (when looking at EURUSD specifically). Read more about that and check out their Podcast here. Have any questions? Ask away.
        • Thanks
        • Like
    • Brent Crude rally ends, time for the big Bear!
      "Looks to me like my question as to whether the the 25 April turn was a rally end or a simple retrace may have been answered as Brent price dropped hard through the supporting lower channel line.  I would like to see the recent lows broken to confirm but odds are that this market is now heading down.  Could this mean that Stocks have also topped out?"
      • 8 replies
    • Post in Dax & Dow
      What are your long term opinions on market movements? "As for the Dow above 26k lets rock and roll long. Below 25k time to get more aggressively short in my eyes."
        • Like
    • Post in US 500 - Potential Shorting Opportunity
      What's your trigger for opening a trade? Discuss with others on the Community, specifically about the US500: "I think there's a potential possibility of shorting S&P 500 brewing.  I want to wait to see if the 20 MA does drop beneath the 50 MA."
  • Member Statistics

    • Total Topics
      6,746
    • Total Posts
      31,158
    • Total Members
      40,997
    Newest Member
    marcorosso13
    Joined 24/05/19 14:00
  • Posts

    • @TrendFollower, I've just spotted a mistake in your last post but don't worry, I've put my rubber boots on and gone in and fixed it for you. You're welcome.
    • A list of books on trading strategies with back test studies by reputable traders. Following the Trend – Andreas Clenow Unholy Grails – Nick Radge Dual Momentum – Gary Antonacci Mean Reversion Trading Systems – Howard Bandy Short-term trading strategies that work – Larry and Cesar Building Reliable Trading Systems – Keith F courtesy of Raynar Teo.   
    • 1 hour chart showing a bit of a nod to the downside.  Not conclusive yet but indicative.
    • @Mercury That's a very elaborate way to say, you agree with me. Your Elliot waves always look very cool and as ever great charts.
    • Brent looks to have put in a small rally and bounced back off my alternative channel line, a parallel line off the previous low turning point.  This coincides with support line, now resistance.  The market is now heading down to the 6600/6550 key support zone.  A break here is very bearish in my book.  I have started to pyramid his market.
×
×