The Solas Trend Following and Swing Software had a relatively quite start to the week with regards new signals as the markets continue to consolidate at their 3 month highs. This is reflected in the Solas M Series Portfolio which generated only 1 new long position in EPI (Wisdom Tree India Earnings). The portfolio is continuing to take advantage of the ongoing Euro weakness as the current short positions in the EURUSD and GBPUSD continue to work in our favour with the EURUSD posting new 16month lows earlier today.
EPI – New Trend Following Long Signal
Risk Stop @ $15.77
Risk Management Adjustments on Live Open Positions
QQQ, DBA, EURUSD, GBPUSD.
Chart showing Solas Trend Following EURUSD open position
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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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