Micheál Ó Cróinín

Recent Support Plays on $GBPUSD

Micheál Ó Cróinín | October 26th, 2012 | Read more

There have been two nice support plays in $GBPUSD in last ten days. The key was knowing where to draw your support zone (previous tight consolidations which preceded a fast move). The profit targets were at the previous resistance zones (the source of the sell offs). The first trade gave profit of close to 170pips […]

Micheál Ó Cróinín

AAPL Oversold bounce and how to trade it

Micheál Ó Cróinín | October 22nd, 2012 | Read more

AAPL sold off very sharply into a prior support zone last Friday (see the 240min chart below). Near to the close on Friday, AAPL was very oversold and coupled with the fact it was at the support zone, it made a long trade a low risk trade. The key was to scale into it – […]

Micheál Ó Cróinín

Aussie continues to trend lower

Micheál Ó Cróinín | April 5th, 2012 | Read more

The Aussie Dollar currency continues to weaken against the US Dollar and is currently bearing down on strong support levels. Following the strong aussie rally at the start of the year the double top in February stopped the upside momentum in its tracks and since then we have made a series of lower low and […]

Micheál Ó Cróinín

The Solas M Series Global Portfolio posted a very impressive performance in the 1st Quarter 2012. Boosted by a strong start to the equities market the portfolio exhibited strong profitability consistency across the trend following and mean reversion strategies employed. Working off the base 0.50% risk per trade the portfolio returned 11.0% over Q1. For […]

Micheál Ó Cróinín

Silver starting to shine on Trend Following software

Micheál Ó Cróinín | February 28th, 2012 | Read more

Is the Silver juggernaut on the move again? Silver futures prices surged a whopping 177% in an 9mth period from Aug 2010 to Apr 2011 before coming off the tracks and giving up 80% of the advance over the next 8 mths through to the end of 2011. Having rallied 41% off the December lows […]

Stephen Egan

SPY swings back to new YTD high

Stephen Egan | February 17th, 2012 | Read more

SPY generated an exit signal on the Solas Swing Trading software following yesterday’s upside rally. The latest long swing trade occurred in the shallow pullback S1 strategy and took only 1-day to play out as the market recovered from Wednesday’s pullback in price action to forge new ytd highs and with it an exit signal into momentum. The […]

Micheál Ó Cróinín

EURUSD resumes short bias on Portfolio

Micheál Ó Cróinín | February 16th, 2012 | Read more

Having only exited a profitable 1 month trade to the long side on the Solas M Series Portfolio on Tuesday the EURUSD has quickly resumed its longer term downside weakness as Eurozone concerns once again make the headlines. For much of the second half of 2011 the Euro was under sustained downside pressure owing to […]

Micheál Ó Cróinín

The star performer in the Solas M Series Portfolio year to date is without doubt the India Earnings ETF (EPI). Following a 40% falloff from the $26.00 2011 highs in April of last year this instrument found a base at the end of 2011 above the $15.00 level. After initial consolidation at the lows the […]

Stephen Egan

The track record of most succesful hedge funds suggests that systematic trading out performs discretionary trading over the long run. The difficulty with discretionary trading as we have discussed in prior articles is that it’s hard to repeat the trading process consistently. Traders who have tried to implement a trading system will confirm it takes […]

Arthur Campbell

The Solas Swing Trading Software had an excellent start to the year tracking the select FTSE100 stocks with all 5 strategies ending the month in positive territory. The strategy posted a very impressive 72% consistency with 61 winners out of 85 trades, 9 of which remain open. The shallow pullback S1 & S3 strategies were […]

Micheál Ó Cróinín

The Solas M Series Global Portfolio had a very impressive start to 2012 with January posting 6.62% return. The portfolio is a multi strategy, multi sector, multi instrument construction. The large part of the returns for January came from the Trend Following strategy which included notable investments in the Metals & Emerging Market sectors with […]

Arthur Campbell

Trend Following Software new long bias in Brazil ETF

Arthur Campbell | February 2nd, 2012 | Read more

The Solas M Series Global Portfolio continues to track the most recent momentum in the financial markets as it activated a new entry signal and readjusted its intelligent dynamic stop on current open positions. The Solas Trend Following Software activated a new long entry after yesterdays close in the iShares MSCI Brazil index ETF – […]

Micheál Ó Cróinín

Trend Following Software locks in 5% profit in Gold ETF

Micheál Ó Cróinín | February 1st, 2012 | Read more

Gold has continued its bullish start to the year after it made a double bottom just above $1500 in late December 2011. Price per ounce is now closing in on resistance @ $1750-$1800, a level where the previous sell off was initiated. The Solas Trend Finder Algorithm (STFA) has tracked the price of Gold as […]

Micheál Ó Cróinín

New Positions in Solas M Series Global Portfolio

Micheál Ó Cróinín | January 31st, 2012 | Read more

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 […]

Micheál Ó Cróinín

In a recent blog dated 23rd January we reported that the US tech sector had been very strong of late. This was echoed in the SPDR Technology Select Sector Fund ETF – XLK as it broke above its 2011 highs mainly due to Apple (AAPL) reporting earnings last week eclipsing wall street expectations on all […]

Arthur Campbell

The Federal reserves decision to keep interest rates low until at least 2014 sparked a reaction from investors yesterday. The FTSE100 beneficiaries of the Feds decision were stocks in the mining sector as they led Britain’s benchmark index to close higher @ 5795.2. The Solas Swing Trading Software was well positioned to take advantage of […]

Micheál Ó Cróinín

The Solas Trend Following Algorithm has continued to maintain its positions in the banking sector as it adjusts the intelligent dynamic stop, reducing risk and locking in profits along the way. As reported in a previous blog dated the 20th Jan. 2012 the US Financial sector has gotten off to a flying start to the […]

Arthur Campbell

The FTSE100 Futures markets (Z) fell on Tuesday after closing Monday at its highest level since August 1st. With volume and volatility low it still remained relatively positive as it closed above the technical 3 month highs. Firms that have led the way higher recently became some of the top fallers on Tuesday, mainly the […]

Micheál Ó Cróinín

The Solas M Series Global Portfolio has maintained its Long Bias in the markets while reducing risk and locking in profits on its current open positions.The Solas Trend Following Software has tracked the price action of the ETFs (Exchange Traded Funds) on the products mentioned below and has re-adjusted its dynamic stop loss, having the […]

Micheál Ó Cróinín

Tech Sector Long Positions playing out beautifully

Micheál Ó Cróinín | January 23rd, 2012 | Read more

US tech sector has been very strong lately. This is reflected in the Solas Trend Finder Software with a long bias currently in place on the main Dow 30 tech components. Strong Q4 earnings have enhanced upside momentum. Might be a little stretched at this stage but could be very interesting off next consolidation. IBM […]

Arthur Campbell

The FTSE100 Futures index made new year highs last week but was stopped in its tracks as it hit 3 month resistance. The Solas Swing Trading Software has remained active as the majority of the mean reversion signals were generated in the Basic Materials Sector after it weakened last Friday while paying attention to the […]

Arthur Campbell

The stock markets financial sector has already proven to be one of the top performers of 2012, with the likes of Bank of America (BAC) reporting better than expected earnings and Morgan Stanley (MS) reporting fourth quarter results ahead of analyst estimates. The Solas Trend Finder Algorithm (STFA) signalled a long bias in BAC on […]

Micheál Ó Cróinín

Solas Software generates 2 new Positions in Global Portfolio

Micheál Ó Cróinín | January 19th, 2012 | Read more

XLE the Energy Select SPDR ETF has resumed its long Trend Following position in the Solas M Series Global Portfolio. Its latest attempt to push lower was halted by US manufacturing rebounding at its fastest pace in a year as the Federal Reserve reported on Wednesday that Industrial Production rose 0.4% in November. In contrast […]

Micheál Ó Cróinín

Solas M Series Portfolio Active as investors remain cautious.

Micheál Ó Cróinín | January 18th, 2012 | Read more

Although the markets haven’t established a clear direction they make take, a bullish outlook from the start of the year still remains, as they continue to consolidate at there 6 month highs. While investors remain somewhat cautious, the Solas Trend Following Software and Swing Trading Software continue to be active as it opens new positions in  […]

Micheál Ó Cróinín

Solas M Series Global Portfolio new positions as markets gain

Micheál Ó Cróinín | January 17th, 2012 | Read more

The markets held on to its bullish start to the year after the bears attempt to push the markets lower was short lived in last Fridays trading as all the benchmark indices ended the week in positive territory, albeit on light volume. The S+P, Dow Jones, Russell 2000 and the Tech heavy Nasdaq all gaining […]

Arthur Campbell

The FTSE100 index dropped last Friday tracking declines in other European markets as France was stripped of its Triple A rating by the Standard and Poors rating agency. However France secured a small boost on Monday as Moodys announced it was maintaining its Triple A status and stable outlook for its debt. The Solas Swing […]

Micheál Ó Cróinín

Gold ETF rises as Solas Portfolio Locks in Profits

Micheál Ó Cróinín | January 13th, 2012 | Read more

World markets were up after the bond auctions in Spain and Italy eased the eurozone debt crisis concerns momentarily and installed some investor confidence back into the markets. Weaker than expected US numbers yesterday kept a lid on any significant advancement however as investor sentiment remains cautious. Gold is benefiting from concern the euro zone […]

Arthur Campbell

FTSE100 stock looks set for 9 in a row

Arthur Campbell | January 12th, 2012 | Read more

As the markets pushed slightly higher yesterday the Solas Swing Software activated 3 new signals on 2 stocks which are components of the FTSE100. ITRK.L – New S3 Long Position Intertek (ITRK.L) Group has shown to be a real winner with the Solas Swing Strategy S3 as it aims to have 9 profitable trades in […]

Micheál Ó Cróinín

Solas M Series Global Portfolio reflects markets positivity.

Micheál Ó Cróinín | January 11th, 2012 | Read more

US Markets extended the improved 2012 performance yesterday with a positive push higher across most instrument and sectors. The latest advance is supported by improved consumer sentiment and also a better than expected no farm payrolls employment number last Friday. Commodity prices, which rose on expectations that China’s economy will continue to grow this year, […]

Micheál Ó Cróinín

Emerging Markets gather momentum in Solas M Series Portfolio.

Micheál Ó Cróinín | January 10th, 2012 | Read more

The Solas M Series Global Portfolio has continued to hold onto most of its open positions as yesterdays price action in the overall markets remained in a tight weekly range. Although there is plenty of diversification across the Portfolio it didn’t activate any new positions, while keeping our P+L intact and generating new stops on […]

Arthur Campbell

The share price in NEXT (NXT.L) attempted to take out the 2011 highs in early trading last week, but this move was severely dented as last Wednesdays price action saw a big gap down on the open and price continued to fall as the week came to a close. It eventually found support just above […]

Micheál Ó Cróinín

Solas M Series Portfolio goes long India ETF

Micheál Ó Cróinín | January 9th, 2012 | Read more

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 […]

Micheál Ó Cróinín

Solas M Series Portfolio new positions

Micheál Ó Cróinín | January 6th, 2012 | Read more

The Solas M Series Global Portfolio had a mixed reaction to yesterdays price action as markets consolidated. Solas Trend Following Algorithm reversed its Long position in the agricultural ETF (PowerShares DB Agriculture) and generated a new long position in FXI (iShares FTSE China 25 Index Fund). While in the Forex markets it went short the […]

Arthur Campbell

The Solas Swing Software opened up 6 new long positions in 4 different stocks across a range of sectors in the FTSE100 which include Services, Technology, Healthcare and Basic Materials. The signals activated after pullbacks from the early week upside momentum move. The stocks include Intertek (ITRK.L), Kazakhmys (KAZ.L), Vodafone Group (VOD.L) and Shire (SHP.L). […]

Arthur Campbell

New swing position in FTSE100 financial stock

Arthur Campbell | January 5th, 2012 | Read more

The Solas Swing Trading Strategy generated a new long position (S3) in Standard Life (SL.L) as price action found support above the 100ema and the psychological £2.00 round number levels. This pullback in price action follows its most recent attempt to gather some momentum above the £2.10 level. SL.L – New S3 Long Position Company […]

Micheál Ó Cróinín

EURUSD resumes Trend Following Portfolio short position

Micheál Ó Cróinín | January 5th, 2012 | Read more

As yesterdays price action in the markets consolidated the Solas M Series Portfolio was relatively quite with the a new EURUSD short signal in the Solas Trend Following strategy the sole trade entry. This new short position is a resumption of the short bias which has dominated this currency pair in recent months. The markets […]

Micheál Ó Cróinín

Solas M Series Portfolio triggers new long signals

Micheál Ó Cróinín | January 4th, 2012 | Read more

The Solas M Series Global Portfolio generated 3 new long signals following yesterdays bullish price action. The signals are split between both the Trend Following and Swing Trading Strategies. The Trend Following signals were for the SPDR GoldShares ETF (GLD) and the PowerShares QQQ ETF (QQQ). The Swing Trading Strategy signal was for the iShares […]

Micheál Ó Cróinín

Agricultural Etf goes long on Trend Following software

Micheál Ó Cróinín | January 3rd, 2012 | Read more

The New Year has brought with it earlier upside momentum in the Agricultural sector a the PowerShares DB Agriculture Fund (DBA) generated a long signal on the Solas Trend Finder Software. This Etf is part of the Solas M Series Portfolios and adds to some of the existing long positions live at present including DIA, […]

Micheál Ó Cróinín

The weakness in the FTSE100 energy sector has become quite evident of late as evidenced by the short Solas Trend Finder Algorithm bias in all 6 stocks. Essar Energy (ESSR.L) been the weakest as the share price continues to fall since the short bias was activated on November 9th 2011. The share price in ESSR.L […]

Stephen Egan

As previously blogged (Nov 17th) our Solas Trend Finder Algorithm captured a short trade in the EUR/USD as the debt crisis in Europe still loomed large. Not much has changed the past month. We still haven’t solved the debt crisis but more importantly we remain short on the EUR/USD.   The Solas Trend Finder Algorithm […]

Arthur Campbell

Solas Trend Finder breaks key areas on weak cable

Arthur Campbell | December 19th, 2011 | Read more

As a follow up to our previous blog (Dec 9th) on the GBPUSD short position using the Solas Trend Following software, we note a few key technical areas of interest. Failed Test: The first technical point of interest in the Cable short position trade is where price action failed to retest the high of November 30th,  […]

Stephen Egan

Bunzl plc (BNZL.L) joined the FTSE100 this quarter and the Solas Trend Finder Software has remained long for most of its time as the stock price reaches some critical resistance levels. Stock prices in the services sector stock BNZL.L have risen c 14% since its recent inclusion into the FTSE100 list at the beginning of […]

Micheál Ó Cróinín

Fresnillo (FRES.L) got the Solas Swing Trading Software off to a good start in December with two winning trades on the S1 & S3 strategies, the latest exits coming prior to yesterdays sell off which took price action back below the 100ema. Frenillo has kept up its high batting average of late as it exited from 2 more profitable trades, […]

Arthur Campbell

The strength of the Dollar against the British pound looks set to continue as we held the resistance line of c.1.5800. The Solas Trend Finder Algorithm continues to hold the short bias that’s in place since November 11th last. While the large majority of countries want to forge ahead with building a fiscal union to […]

Micheál Ó Cróinín

When markets are indecisive on what direction they make take and market internals are flat, a relative strength play is an excellent way of taking advantage of what is available intra-day. The overall markets in recent days have been trading in a tight range, probably due to the impending EU Economic summit Friday which awaits […]

Stephen Egan

Relative volume in the markets on Monday suggested that it was going to be a stock specific day and the Dow30 played out as there was very few stocks displaying any intraday trending characteristics and fewer still showing an ability to break and hold above the previous days highs. With few stocks to too choose […]

Micheál Ó Cróinín

CAT waiting to pounce as Solas Trend Finder maintains long bias

Micheál Ó Cróinín | December 6th, 2011 | Read more

Caterpillar (CAT) could well be the stock that pays you this month as it attempts to break above the stubborn resistance @c. $98.00. The Solas Trend Finder software has recently switched from a short bias to a long bias giving us a heads up as it may finally follow through with price also trading above […]

Arthur Campbell

The Solas Trend Following software generated 8 new long signals in the FTSE100 on Friday’s close pointing to improved upside momentum as the market continues to pare back some of the heavy November price action. Of the 8 new signals, 3 are in the Basic Material Sector (LMI.L, RIO.L, FRES.L), 3 in the services sector […]

Stephen Egan

Solas Trend Following signal taking off in Boeing

Stephen Egan | December 2nd, 2011 | Read more

The Solas Trend Following software long bias signal in Boeing (BA) from Wednesday saw further followthrough yesterday taking out 4mth resistance levels in the process backed by increasing volume. The markets up auction seen since Wednesday has provided much needed upside enthusiasm for the bulls following the recent wave of global stock market negativity.  One […]

Stephen Egan

The European debt crisis took another twist yesterday, this time for the better as markets took confidence from the confirmation of a coordinated effort by the ECB and other foreign banks including the US Federal Reserve to ease the strain on the European financial markets through improved access to liquidity. The announcement brought with it […]

Micheál Ó Cróinín

The Solas Trend Finder Algorithm has remained short on 3 of 4 Dow30 Financial stocks with Bank of America (BAC) exhibiting the weakest signs. The broad short financial bias was further supported by the S&P credit ratings cut for lenders which included Bank of America (BAC). Early trading Wednesday has seen markets rally strongly following confirmation of […]

Arthur Campbell

The Solas Swing Trading software picked up on the Eurozone weakness evident for much of November generating 7 winning trades from the 7 closed signals in the Eurostoxx50 Futures contract. There are 3 new strategy signals currently open following the latest pullback in price action. The Eurozone financial turmoil which is stuttering from one crisis […]

Stephen Egan

The Solas Trend Finder Algorithm has tracked the price of Alcoa (AA) to the downside, from our entry at $10.35 already locking in an impressive 11% profit. With little or no markets buyers in sight, US market confidence remains very weak as US traders seek welcome refuge in their Thanksgiving celebrations with much to ponder. The […]

Micheál Ó Cróinín

When is price simply pulling back and when is it reversing??

Micheál Ó Cróinín | November 22nd, 2011 | Read more

One of the toughest aspects of trading is determining if price is simply pulling back or if it is reversing. It is the trap traders fall into time and time again and they are then too slow to react to a shift in momentum. Hold up your hand if it has happened to you!! Easily the single […]

Micheál Ó Cróinín

TLT exits profitable Swing Trade for 3% gain

Micheál Ó Cróinín | November 22nd, 2011 | Read more

The recent push higher in the bond markets proved profitable for the Solas Swing Trading Software as the long position in the iShares Barclays 20 year Treasury Bond ETF (TLT) initiated on Nov 5th exited for a 3% profit. TLT has seen its share price fall 12% from the $125.00 highs at the start of […]

Stephen Egan

Solas Trend Following Software tracks $EURUSD lower

Stephen Egan | November 17th, 2011 | Read more

The US Dollar (USD) has remained broadly higher against its major counterparts as the Eurozone debt crisis uncertainty continues to impact. Although preliminary data showed that the European economy has expanded in line with expectations in the third quarter as it rose 0.2% it still remains vulnerable as yields in some Euro member states climb […]

Arthur Campbell

Solas Trend Finder shorts DOW 30 stocks

Arthur Campbell | November 17th, 2011 | Read more

As weakness creeps back into the markets the Solas Trend Finder Algorithm is tracking the following stocks lower AXP (American Express), WMT (Wal-Mart). The financial sector stock AXP recent downward trend has followed a series of lower highs as the financial sector as a whole failed to push on to the upside and retest yearly […]

Stephen Egan

FTSE100 company Fresnillo (FRES.L) clocked up another profitable trade of 4.1% on the Solas Swing Trading Software to follow up on last weeks 5.5% profitable trade. The share price in FRES.L broke above its 100ema on the 1st of November and as price pushed up on the initial break for 2 days, we first of […]

Micheál Ó Cróinín

Alcoa resumes downside Trend bias

Micheál Ó Cróinín | November 14th, 2011 | Read more

The Solas Trend Finder Algorithm (STFA) resumed its short bias on Alcoa (AA) as the recent upside recovery failed to sustain from the c.37.5% drop from April of this year in which it broke below its 2010 lows. The aluminium industry is highly cyclical, relating to prices subject to worldwide supply and demand forces, along […]

Stephen Egan

As a follow up to our recent blog dated 7th November the United states Oil Fund ETF (USO) has broken above the short term resistance line @$36.50 and is currently consolidating above this area. The latest break of resistance came on the back of a 5 day rally in crude oil prices which pushed price […]

Arthur Campbell

Solas software tracks GBP/JPY trend

Arthur Campbell | November 9th, 2011 | Read more

Following the sharp selloff GBP/ JPY finally found support  around the Jan’09 price level and has reversed solidly higher supported by the late October Japanese government currency intervention. This upside move was captured very impressively by the Solas Trend Finder software following the first higher high in price action. The Japanese Government intervened for the […]

Micheál Ó Cróinín

Solas Trend Following System renews Long Bias on HPQ

Micheál Ó Cróinín | November 8th, 2011 | Read more

The Solas Trend Finder Algorithm has regenerated a Long Bias signal on Hewlett Packard (HPQ) as price once again trades back to overhead resistance above 2009 lows. Following the 56% share price plummet from early August that took price below the 2008 & 2009 lows price action once again stabilised and is once again showing […]

Stephen Egan

Oil ETF remains long on Trend Following software

Stephen Egan | November 7th, 2011 | Read more

Following the recent market volatility oil price have begun to trend higher once again as they recover off the new 2yr lows posted at the start of October. This latest sequence of higher highs has in turn triggered an long bias on the Solas Trend Following software. Oil prices fell a significant 36% from the […]

Micheál Ó Cróinín

FTSE on Hot Winning Streak on Swing Trading Software

Micheál Ó Cróinín | October 28th, 2011 | Read more

The Solas Swing Trading Software is closing out the month on a strong note as the most recent long position swing trades have exited into recent upside momentum. In total the Solas Swing Trading Software generated 26 buy signals for the month of October to date of which 24 were winners with only 2 losers. […]

Arthur Campbell

100% Win Ratio on Swing Software Bond ETF

Arthur Campbell | October 28th, 2011 | Read more

The recent market volatility has seen a sharp decline in US Bond yields with the bond prices shooting to long term highs. With the rise in price the US bond ETF – iShares Barclays 20+ Year Treas Bond (TLT) has picked off a steady stream of long profitable trades on the Solas Swing Trading Software […]

Stephen Egan

The Solas Swing Trading Software has been quite active recently in the FTSE100 long strategy as the market has garnered some buying support recently. The swing trading model delivers an extremely high probability of c.70% on all trade signals which have an average hold of 3-5 days on average. Among the more active stocks in […]

Micheál Ó Cróinín

XOM edges above $80.00

Micheál Ó Cróinín | October 24th, 2011 | Read more

The Exxon Mobil Corporation (XOM) Long Bias trade recently discussed on our Oct 17 blog post extended its upside push last week as it breached the $80.00 level for the first time since the end of July. The Solas Trend Finder has tracked the recovery off August lows when picking up a long signal on Sept […]

Micheál Ó Cróinín

Trend Finder follows REIT stock and builds on position

Micheál Ó Cróinín | October 21st, 2011 | Read more

The Solas Trend Finder Long Bias on Hammerson Plc (HMSO.L) has followed through to the upside and taken out immediate overhead resistance with the dynamic software stop loss feature now at breakeven. On Oct 12th last we reported on list of stocks with new trend following signals and good risk /reward prospects, Of the stocks […]

Arthur Campbell

The Solas Trend Finder Algorithm software continues to hold onto its Short Bias in the XME (the Exchange Traded Fund for the Metals & Mining Sector) despite its recent bounce after it broke through its 2009 lows. Although we have seen a solid 20% bounce from the 2 year lows posted last month price action […]

Micheál Ó Cróinín

Solas Trend Finder takes bullish outlook in Financial sector

Micheál Ó Cróinín | October 19th, 2011 | Read more

The Solas Trend Finder Algorithm software has picked up on a possible bottoming out in price action in the financial sector following the Long Bias signal on XLF yesterday, its first since the end of July. Recent price took the financial sector ETF to 2 year lows however an uptick in momentum over the past […]

Micheál Ó Cróinín

Trend Following software tracking Exxon Mobil higher

Micheál Ó Cróinín | October 17th, 2011 | Read more

Exxon Mobil Corporation (XOM), one of the largest companies in the US extended its upside move last week as price rose nearly 5%. The move has been tracked very nicely by the Solas Trend Finder software which initiated a Long Bias over 2 weeks ago while it was trading within its 2 month consolidation range. […]

Stephen Egan

The Solas Trend Finder Algorithm is exhibiting a more bullish outlook in the FTSE financial with 50% of stocks depicting a long bias versus 12.5% with a short bias, 37.5% currently trend neutral. Although reports, downgrades and news of late have caused much turmoil in the European Banks, the Solas Trend Finder software has picked up on the recent […]

Arthur Campbell

The Solas Trend Finder Algorithm Software took on the short trade on EUR/CAD after an extended neutral directional bias during the month of September. The markets inability to break the July lows led to a strong reversal in September however this move came up short on the 1.4150 overhead resistance level. This led to a period […]

Micheál Ó Cróinín

Solas Trend Finder (STFA) bullish on FTSE100 stocks

Micheál Ó Cróinín | October 12th, 2011 | Read more

The Solas trend following system has taken on a bullish undertone in the FTSE100 in recent days with 66% of the stocks now showing a bullish bias and only 11% of stocks with a short bias. Interesting to see if this shift in market sentiment on the Solas Trend Finder Algorithm is the start of […]

Stephen Egan

The market volatility evident for much of September didn’t deter the Solas Swing Trading software from maintaining its strong profitability consistency as it posted significant profits across all major US indices & bonds for the month of September. The benefit of a long short portfolio strategy came very much to fore as price action was primarily […]

Micheál Ó Cróinín

Solas Trend Finder short continues to trend lower on Gold

Micheál Ó Cróinín | October 4th, 2011 | Read more

The recent surge in Gold futures prices to all time highs @ $1923/oz at the start of September captured many global financial headlines.  Its inability to hold and close above the $1900/oz level proved significant however as the market came off its highs and  trended lower in dramatic fashion. This quick reversal in momentum was […]

Micheál Ó Cróinín

Solas Trend Finder still shining as Silver tumbles to yearly lows

Micheál Ó Cróinín | September 30th, 2011 | Read more

The Solas Trend Following System (STFA) picked up a beautiful short signal on the Silver Futures market prior to its 3-day 35% break lower. Following its inability to retest the $44.00/oz level Silver reversed sharply lower pressurised by the increasing economic turmoil and instrument margin hike which was introduced last week. The metals sector has […]

Stephen Egan

The Solas Swing Trading Software took 2 new swing long positions S4 & S5 in the FTSE100 Retail Stock Next (NXT.L) following Monday’s close. Shares in NXT.L, Britains no.2 fashion retailer , have risen to over 40% in the last six months marking new 4yr highs last week. Price action has eased off these levels […]

Arthur Campbell

Solas Trend Finder Software tracks US Dollar higher

Arthur Campbell | September 23rd, 2011 | Read more

As previously blogged (Sept.12th) the Dollar Index – DX penetrated through July resistance which is now acting as support as the Solas Trend Finder(STFA) Locks in profits @ 3.25%. The Dollar Index has maintained its strength in recent weeks and has become the safe haven for investors of late as the equities markets fail to […]

Micheál Ó Cróinín

Solas Trend Finder tracks Copper move to 1 year lows

Micheál Ó Cróinín | September 22nd, 2011 | Read more

Copper continues to trend lower in price action as global economic slowdown concerns grow. Following recent consolidation between the 3.900 – 4.000 level price action in recent days in the industrial metal has fallen sharply to 1yr lows a move which has been tracked by the Solas Trend Finder software. The August meltdown in global […]

Micheál Ó Cróinín

Bonds eke out further gains as swing trades book profits

Micheál Ó Cróinín | September 20th, 2011 | Read more

The ongoing Eurozone concerns are having a significant impact on global markets with recent volatility adding further fuel to the upside on US Bonds despite the weakening yield associated with higher values. This was of little concern to the Solas Swing Trading strategy however as the recent pullback off highs provided the latest long opportunity […]

Stephen Egan

Trend Following software closes out 18% move

Stephen Egan | September 19th, 2011 | Read more

The Solas Trend Finder Software has exited a 3mth trend following short position in the financial stock 3I Group (III.L). As posted last Friday the financial sector has been one of the weakest sectors year to date however recent price action suggests the market may be finding short term support and indeed generating some upside […]

Stephen Egan

The Solas Trend Finder software generated a long trend following signal in Standard Chartered PLC (STAN.L) following Thursday’s push higher. The financial sector has been one of the weakest sectors year to date however recent consolidation at the lows may indicate at short term bottoming out. Some of the first green shoots of upside are […]

Micheál Ó Cróinín

Solas Swing Trading Software goes long Gold stocks once again

Micheál Ó Cróinín | September 13th, 2011 | Read more

The FTSE100 gold stocks Fresnillo (FRES.L) and Rangold Resources (RRS.L) have been a big favourite with the Solas Swing Trading Software since they broke above there respective 100ema in July with a c.90% win ratio. Fresnillo: Randgold Resources: Following the recent upside rally in the Metals and Mining sector Gold stocks have been taking advantage […]

Micheál Ó Cróinín

Upside Dollar move captured on Solas Trend Finder

Micheál Ó Cróinín | September 12th, 2011 | Read more

The Solas Trend Finder Algorithms recent bullish bias signal on the US Dollar Index (DX) has gathered upside momentum in recent days following a sustained period of downside price movement which failed to penetrate the strong 2 month support line around the 73.500 level.   With the most recent price action failing to take out support from July and August the […]

Arthur Campbell

STFA signals Long Bias on FTSE100 Stocks

Arthur Campbell | September 9th, 2011 | Read more

The Solas Trend Finder Algorithm system signalled a long bias in 4 of the FTSE100 stocks which include Anglo American(AA.L), BG Group(BG.L), Investec PLC(INVP.L), Interteck Group. Signals Generated from the Solas Trend Finder Algorithm Software System:   American Anglo Plc Metals and Mining stock Anglo American Plc AA.L has seen its downtrend from July reverse […]

Arthur Campbell

Swing Trade Strategy exits profitable position

Arthur Campbell | September 8th, 2011 | Read more

Following on from our recent post on the Solas Swing Trading Strategy (SSTS), Intertek which signalled 2 long positions (S1+S3) last Friday exited the first of these this morning. An exit signal was generated this morning for the S1 long position that we entered on Mondays open @£19.40. Our exit price was at this mornings […]

Micheál Ó Cróinín

The Solas Trend Finder Algorithm (STFA) was ahead of the game in early morning trading as the Swiss National Bank had announced that the Swiss Franc was overvalued and that it posed a severe threat to the Swiss economy which carried a risk of deflation and as a result fixed rate to 1.2 Swiss France to the […]

Micheál Ó Cróinín

The Solas Swing Trading Software system generated 2 new buy signals (S1+S3) on Intertek (ITRK.L), the FTSE100 consumer goods stock. Last week Intertek bounced impressively with a 4 day run of higher highs taking price action above the 100ema and above the significant £20.00 level before easing on Friday. This consolidation off the highs in […]

Micheál Ó Cróinín

Smith & Nephew continues to build on upside STFA trend bias

Micheál Ó Cróinín | September 2nd, 2011 | Read more

We recently blogged (Aug.24) the new long trend bias on FTSE100 stock Smith & Nephew (SN.L). The Solas Trend Finder Algorithm Software (STFA) generated signal has since gone from strength to strength.   Chart posted Aug.24th The Aug 24 STFA long bias on the FTSE100 healthcare stock Smith & Nephew (SN.L) @ £5.66 brought with it […]

Micheál Ó Cróinín

Fresnillo (FRES.L) clocked up another winning trade on the Solas Swing Trading Software (SSTS) as the Metals and Mining sector pushed higher off recent consolidation. The pullback off yearly highs across much of the metals & mining sector saw Fresnillo kick in on the SSTS with a renewed upside push towards recent highs triggering an […]

Micheál Ó Cróinín

10yr US Note books profits into momentum on SSTS software

Micheál Ó Cróinín | August 29th, 2011 | Read more

The 10Yr US Treasury Note exited out of the S2 & S4 strategies of the Solas Swing Trading Software (SSTS) for profit on the close of business Friday following the 2 day pop higher following recent consolidation.   Following the recent surge in US bonds market price action in the past week or so saw […]

Micheál Ó Cróinín

The Solas Trend Finder Algorithm (STFA) generated a new long bias on Smith & Nephew (SN.L) as the FTSE100 Healthcare company recovers from its previous fall below 52week lows. Following the recent price action sell off in the healthcare sector, Smith & Nephew has found support above its 52 week lows @£5.32. STFA has signalled […]

Micheál Ó Cróinín

The Solas Trend Finder Algorithm System (STFA) signalled a short trade in the drinks company Diageo as it slumped below its yearly lows of £11.16.   Diageo (DGE.L) has seen its stock price sell off c. £2.00 since its July highs of £13.17. The STFA captured this short as it broke to its yearly lows of […]

Micheál Ó Cróinín

3 in a row for Fresnillo as Gold and Silver surge

Micheál Ó Cróinín | August 22nd, 2011 | Read more

Fresnillo (FRES.L) clocked up another winning trade on the Solas Swing Trading Software (SSTS) boosted by Gold’s rally to its all time high. This trade made it the 3rd winning trade in a row on this stock since it broke and rallied above its 100ema in mid-July.     The FTSE100 metal stock signalled a […]

Micheál Ó Cróinín

As reported from our blog section (Aug 17) the Solas Trend Finder Algorithm (STFA) was quick to pick up on the GBP/USD reversal after its 3yr extended downtrend. The STFA has now moved its dynamic stop to lock in profits c.440pips as seen in Aug.19th chart below.   Daily chart posted earlier in the week: […]

Micheál Ó Cróinín

STFA catches August Selloff in EuroStoxx50

Micheál Ó Cróinín | August 19th, 2011 | Read more

Just as August started the Fall season, the Solas Trend Finder Algorithm (STFA) also caught the start of the fall in the EuroStoxx50 (FESX).   The STFA signalled a short position on Eurostoxx50 Index Futures market (FESX) on the first day of August which was the start of its recent downtrend after it broke July […]

Micheál Ó Cróinín

The Solas Swing Trading Software exited another profitable trade in Randgold Resources (RRS.L), its 5th consecutive winner since it broke above its 100ema in early July.   Recent price action in RRS.L has seen its share price move up 3.7%, to its highest level this year. Last Friday the Solas Swing Trading Software signalled yet […]

Micheál Ó Cróinín

Has the GBP/AUD finally reversed?

Micheál Ó Cróinín | August 17th, 2011 | Read more

The 3yr extended downtrend in the GBPUSD has been showing signs of reversing in recent weeks with the Solas Trend Finder Algorithm (STFA) quick off the mark in picking up a long bias which has rocketed 1400+ pips off late July lows before consolidating above the breakout level.  Since 2008 the GBP/AUD has pushed consistently […]

Stephen Egan

The recent market volatility has led to an extended period of strength in the Swiss Franc against the US Dollar. The upside pop in the USDCHF evident in recent days was beautifully captured on the intraday timeframes of the Solas Trend Finder Algorithm software as the US Dollar recovered somewhat off an oversold condition. With […]

Arthur Campbell

Another sample post

Arthur Campbell | August 8th, 2011 | Read more

This is just another sample post!

Stephen Egan

Test post with avatar

Stephen Egan | August 8th, 2011 | Read more

This is a sample post!