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Douglas Trading System


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#1 Douglas

Douglas

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Posted 22 August 2015 - 04:51 AM

The action Monday and Tuesday of next week will determine if the Friday August 21st risk window was a bottom turn day or an acceleration day. Unfortunately I haven't figured out how to distinguish between the two in advance using the risk cycles. Next week is just one large gaping hole of a risk window with nine risk cycle turns scattered from Monday to Friday. Since the majority are surrounding Friday the 28th of August, I guess it should have the highest risk of a turn or acceleration event, but there are so many risk cycle turns next week that there will probably be several turn or acceleration events. The trading system is still in cash, but the buy stops are plunging right along with the indexes and will get hit with any substantial rally. I assume Monday the PPT will employee the Chinese strategy for addressing a burst stock market bubble, blow harder. Regards, Dougas