Tonight's signal, like last night, remains long DUST for both trading systems.
Here's a look at what DUST did today
That's a pretty nice 1 day gain and look at the volume on the move! Considering how choppy the overall market has been, this is a pretty nice swing trend.
I've had a couple of email questions from members who want to add a trailing stop as the system's signal is always after market and the execution of the signal is on the open the next day, this creates a short lag, I don't think it's very significant, but for members who want to utilize a trailing stop, you might try a 6-day simple moving average on a closing basis.
It's important that this stop is used on a closing basis and not intrday, intraday would have taken you out of the trade yesterday and you would have missed the nearly 5% gain today. I haven't tested the system with a trailing stop, I may do so and see if it performs better, but one of the nice things about this trading system is that it's user friendly for those who can't watch the market all day. The signals come after market and are executed on the open the next morning-an easy system for those who have jobs that don't allow them to watch the market.
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