The most recent trade in the GBX Dec contract triggered ‘short’ Sept 30th — as per the most recent ‘gray’ down arrow on the day chart below. The MST swing Algo has been active in the German BUXL during this seasonal trading period (Sept-Oct). To date; 4 trades have been generated: 1-2 + current open position.
Trade 1: 9/6 Long Entry at 193.32. Stopped 188 = -5.32pts/contract
Trade 2: 9/9 Short Entry 186.62. Exit =191.14 = -4.52pts/contract.
Trade 3: 9/22 Long Entry 191.14. Exit = 191.76 = +0.62pts/contract
Trade 4: 9/30 Short Entry 191.76 OPEN.
Net P/L = -10.12pts/contract.
Clearly, the trading has bee choppy and in a high level, narrow bracketing pattern. And so the outcomes have been reflective of the conditions. Having said that, this market is a statistically strong performer and my objective to stay with all trades that are generated.
The series of gray arrows below shows the sequence of trades:
I have also attached a past performance of the BUXL since 2007
The BUXL has not had a losing trading year to date during seasonal trading time frames May-June and Sept-Oct.
Futures Trading 