trading tips 04 i highly efficient shorting
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A publication of
How to identify and profit well from a short trade.
intalus.com
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HIGHLYEFFICIENTSHORTING.
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TR�DINGTIPS. Issue
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Philipp is the Senior Quant Analyst at Intalus. He was born in Austria
and studied electrical engineering before joining a large German Bank.
He developed fully automated trading strategies for their proprietary
trading department. His book about how to design winning trading
strategies has been among the top sellers in Germany for the last two
years. At Intalus he is responsible for the in house training of
institutional traders and the development of custom made algorithmic
trading strategies.
You may contact Philipp at
HIGHLYEFFICIENTSHORTING.
by Philipp Kahler
TR�DING TIPS. Issue 04HIGHLY EFFICIENT SHORTING.
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HIGHLY EFFICIENT SHORTING.How to identify and profit well from a short trade
Sometimes life can seem so easy. The market is rallying up and
the close is well above yesterday’s high. Everyone is bullish and only
a few traders think about a reversal of the trend.
This is your chance to get ahead of the crowd. Look at the simple
pattern I marked on the chart. The white candles are those bullish
days when everything seems to be all right. But I do not want to
give you another “just follow the herd” trading tip, this one is for the
fast traders.
The definition of this pattern is quite simple. If today’s close is above
today’s open and yesterdays high the pattern is fully defined. Be
prepared that the party might be over soon and use the low of this
high-close-day to get into a short position.
TR�DING TIPS. Issue 04HIGHLY EFFICIENT SHORTING.
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The chart above shows you some examples on the Standard & Poor’s
500 chart. Every time the Market touched the low of the HighClose-
Day (orange line) you were able to make some nice profits on the
short side (orange arrows).
This indicator was written with the Tradesignal traders’ language
“Equilla”. Above you see how it is done. Can you reverse the pattern
to display the LowCloseDays to enter a long position?
Take care, take profit,
Philipp Kahler
Senior Quantitativ Analyst at Intalus
See further examples of pattern
recognition in this video.
TR�DING TIPS. Issue 04HIGHLY EFFICIENT SHORTING.
{ High Close Days Pattern }
// The frist line defines that the pattern is // displayed on the chart, not as sub-chart (like RSI) Meta: subchart(false);
// If todays close is above yesterdays high // and it is a bullish day then draw a candlestick if close > high[1] and close > open then drawcandlestick(open,high,low,close);
// Hint: right-click on any blue word to open // Equilla help
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© 2012 Intalus – www.intalus.com
Distribution allowed under a Creative Commons Attribution-Noncommercial license:
http://creativecommons.org/licenses/by-nc/3.0/
Tradesignal® is a registered trademark of Tradesignal GmbH.
Unauthorized use or misuse is specifically prohibited.
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PROFIT FROM THESE TRADING TIPS AND VIDEOS TOO.
TR�DING TIPS. Issue 04HIGHLY EFFICIENT SHORTING.
A publication of
SCAN FORTHE BEST.
How to find the best performers out of hundreds of stocks in seconds.
intalus.com
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TR�DINGTIPS. Issue
01
A publication of
How to create your own equity basket.
intalus.com
Powered by
SPEED UP YOURDECISIONS.
TR�DINGTIPS. Issue
02
A publication of
How to create and trade an optimal portfolio.
intalus.com
Powered by
CONTROL YOUR RISK.AUTO-ADJUST POSITION SIZE.
TR�DINGTIPS. Issue
03
MORE KNOW-HOW AND VIDEOS HERE
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TR�DING TIPS. Issue 04HIGHLY EFFICIENT SHORTING.
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SHORT CAN BE SMART.
Test one of the chart pattern described here and shown in the video.
Create and back-test your own trading pattern with Tradesignal and find
out how you can trade more efficiently.
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