The Solas Swing Trading Software and the Solas Trend Following Software Systems activated new positions in the Solas M Seies Global Portfolio ahead of todays open in the US Markets.
Although relatively quite with regards new signals of late, the Series M Global portfolio has been actively managing current open positions by re-adjusting the intelligent dynamic stop, reducing risk and locking in profits as markets have been edging higher. Yesterdays attempt by the bears to drive the markets down failed miserably as Greece and its Creditors come close to a deal on the nations debt, at least it was enough to hold off any negative impact on the Financial markets for the short term, and in the process generated 2 new positions from our mean reversion software and 1 new trend following position.
SPY S1 – New Swing Trade Long Position
EEM S1 – New Swing Trade Long Position
DBA – New Trend Following Short Position
Risk Stop @ $29.43
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About the Solas Trend Finder Algorithm (STFA):
The Solas Trend Finder Software is designed for traders and investors who want to take advantage of short, medium and longer term trends across multiple timeframes on all major asset classes including global indices, equities, exchange traded funds (Etfs), commodities & forex.
About the Solas Swing Trading Software (SSTS):
The Solas Swing Trading Model is an end of day trading strategy which delivers high probability trade signals both long & short within a defined trend across the main indices, equities & etfs.
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