Glen’s Journal

[GlenPeake]

Thanks Nick!

Hopefully we see the market kick higher after this small correction and start the wave-(iii) of 3, as Scott and Pete have been talking about on the nightly videos.

A combination of my Index Dashboard and their comments around Type A Bearish divergence on the Indexes, resulted in me being cautious at the start of May for the LeTour Swing Systems etc….

[JulianCohen]

Ah that’s what LSS stands for

[ScottBilton]

Great performance Glen! Well balanced too.

[GlenPeake]

Thanks Scott…. just chipping away at the #Next1000Trades

[GlenPeake]

JUNE 2024

ASX
WTT -2.95%
ASX100 RTN +1.50%
XSO RTN -7.75%
ASX LSS +0.58%

US
MR#1 +2.15%
MR#2 +6.24%
MR#3 +8.48%
MR#4 +3.70%
MR#5 +1.68%

NDX100 RTN +7.49%
R1000 RTN +0.16%

US LSS +1.31%

Monthly Total Account: +0.41%

[GlenPeake]

Just when the month starts off positively and most systems are well into the positive % return and you’re on the cusp of new equity highs…… Mr Market decides to come along and slap you across the face……..

In a nutshell, the slap came from NDX100/R1000 RTN and Mean Reversion trades/positions…. not a single green (US) position overnight across all systems….can’t remember the last time that happened.

Oh well, seen it before and we continue onto the #Next1000Trades

[KateMoloney]

Nothing like a good upper from the market to keep you in check.

One of my trades made 8.66% last night, another made 2% … wont speak of the rest ha ha ha

Interestingly, didnt really feel any emotion reconciling the trades last night. The goal is to look at the % loss of the over all account and load the trades in for tonights trading session like nothing happened.

[BenOsborn]

Yeah last two nights have been the worst two nights for me in a long time. MOC got belted by my shorts two nights ago when things went up and then belted by my longs last night when they came back down.

Losses on my Swing trades last night pretty much equaled the gains from the night before.

I had a feeling it was going to happen. You win some, you lose some.

[KateMoloney]

I’ve just done my daily reconciliation.

Currently trading 2x MR systems long/short. The open shorts buffered the long losses by quite a lot.

Its really great seeing how the diversification of strategies, markets and time frames help stabilise.

With the right diversification, then its a matter of stabilising the traders mind, so that they show up every day and follow the system.

[GlenPeake]

Yeah….thanks for the updates/feedback……

I kind of figured I wouldn’t be alone in noticing this ‘blip’ on the ‘market radar’….

[KateMoloney]

Na mate, you were the only one

[GlenPeake]

[GlenPeake]

JULY 2024

ASX
WTT +5.32%
ASX100 RTN -0.95%
XSO RTN 0%
ASX LSS +8.70%

US
MR#1 -3.50%
MR#2 -5.22%
MR#3 -0.45%
MR#4 -3.92%
MR#5 +6.53%

NDX100 RTN -11.18%
R1000 RTN -5.57%

US LSS -0.14%

Monthly Total Account: +1.93%

---

I’ve been working on a ‘Pattern Recognition Alert Dashboard’ for the ASX, for the primary use of detecting low risk candlestick setups based on Real Time Intra-Day data for my ASX LSS (LeTour Swing System)….. e.g. with the capability of detecting candlestick patterns/setups in Real Time using 5min, 15min, 30min or 1hour candlesticks.

I was reviewing a product called Iguana Spark https://sparktrader.com/, which has ASX Real Time Data and an RTD plugin for Excel to ‘send’ Real Time ASX ‘tick’ data to Excel, from there my intention was to create the ‘Pattern Recognition Logic’ and thereafter, the Real Time Alert/Dashboard.

Spoke to Nick who suggested reaching out to Scott Lindsay @ XL Automation (Share Trade Tracker) Excel consultants, to see what they could offer. Spoke to Scott and sent him a Detailed Design document approx. 9 pages on what I was looking for….. Scott wasn’t confident that it was possible and couldn’t guarantee a solution, but offered a pay as you go hourly rate, Research/Development ‘best effort’.

…..so I did a little more research and found an alternate solution using TradingView…… TradingView doesn’t have the capability ‘out of the box’ to scan/screen for CUSTOM candlestick patterns…….the built-in Screener is fairly restrictive in that regard……..However, you can ‘code’ around it and create a ‘custom’ scanner capability (required some coding, similar coding language to AMIBROKER)

Pleased to say, that I’ve got a prototype going and I’ve been testing it for the past 2 days and so far, it looks the goods. Provides alerts in Real Time based on ‘any’ intraday candlestick time frame on the ASX, can bulk scan multiple symbols, up to a max of 40 symbols defined by the user….. This solution will also work on the US markets as well, which the alternate SPARK/EXCEL solution would not have been able to cater for.

[GlenPeake]

AUGUST 2024

ASX
WTT +4.37%
ASX100 RTN +2.62%
XSO RTN +1.92%
ASX LSS +0.83%

US
MR#1 -4.73%
MR#2 -3.20%
MR#3 +0.71%
MR#4 +12.90%
MR#5 -1.54%

NDX100 RTN -9.86%
R1000 RTN +12.57%

US LSS -8.79%

Monthly Total Account: -0.98%

[GlenPeake]

SEPTEMBER 2024

ASX
WTT +11.64%
ASX100 RTN +9.92%
XSO RTN +0%
ASX LSS +10.24%

US
MR#1 +0.96%
MR#2 +3.52%
MR#3 -1.64%
MR#4 -3.17%
MR#5 -2.10%

NDX100 RTN +3.40%
R1000 RTN +13.59%

US LSS -4.88%

Monthly Total Account: +6.92%

Drawdown Start Date: NOV 2021
Max Drawdown: -32%
Max Drawdown date: MAY 2023
Current Drawdown: 0%

A circa 3 Year Drawdown is now in the rear view mirror. At New Equity Highs now.

The ASX LSS (LeTour Swing System) ticked over +100% gains during SEPT. This system went live April 2023, so in 18months the portfolio has doubled in size. The aim/target for this system now is to try and double the account again….target date is DEC 2025 circa 15months. With a more favourable trending market and improved stock selection, pattern recognition scanners, this target will hopefully be achieved.

The ASX LSS stats posted on Twitter during SEPT

https://x.com/LeTourTrader/status/1837993025932308900

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