Turtle Traders are enjoying this Bull run. One of the best characteristics of Turtle Trading methods is that a trader always knows the point that will reverse a trade from Long to Short and back again. The highest high of 20 days and lowest low of 20 days keeps changing as price moves higher. Turtle Trading Signals are provided nightly in our Daily Trend Signal Service.
The chart below of the Russell 2000 Index, IVW is a good example. The chart shows the Russell 2000, IVW with the 20 day highs and lows drawn. Currently, the lowest low is the pivot low of March 22. In a worst case scenario, the exit today would be the March 22 channel low and if the IVW, Russell 2000 keeps rising, a trader just rides the trend. Don’t worry about earnings, deficits, sovereign debt problems, health care, financial reform or the story of the day. Just stay with the Trend and your trading plan.
One of the most popular Market Timing Trading Systems is known as the Turtle Trading System made popular by Richard Dennis and Richard Donchian. It is an effective Breakout method used by many traders.
It works best with trending assets and indexes. It is used in futures trading, stock trading and Index trading by many.
It is a good market timing trading plan for active trading in indexes and ETF’s that have trend following characteristics. It can produce disastrous results if used for every stock index, ETF, or stock.
There are many versions of the Turtle Trading System. We follow and Track the 20 day high and 20 day low system on the most actively traded ETF’s and Indexes. Daily Signals are available in our nightly Daily Trend Signal Service.
Some traders will fade, or trade against the Turtle Trading System Signals as many of them are false signals. Why should you care about the signals produced with the Turtle Trading System? There are so many people using Turtle Trading, that we will often see extreme volatility in indexes when they cross both above and below their 20 day highs or lows. Many Hedge Funds us the Turtle Trading methods in their funds.
This table shows the current Turtle Trading Signals for tomorrow on the 50 most actively traded ETF’s.
Security Name | Trend8 | Ticker |
Barclays High Yield Bond | Stay Long | JNK |
BRIC IShares | Stay Long | BKF |
Coal Power Shares | Stay Long | PKOL |
DB Commodity Index | Stay Long | DBC |
Diamond Trust DOW | Stay Long | DIA |
Energy Select SPDR | Stay Long | XLE |
Internet Holders | Stay Long | HHH |
IPath India Index | Stay Long | INP |
IShare Russell 2000 | Stay Long | IWM |
IShares 25 Index | Stay Long | FXI |
IShares Australia | Stay Long | EWA |
IShares Basic Materials | Stay Long | IYM |
IShares DJ Real Estate | Stay Long | IYR |
Ishares DJ Transportation | Stay Long | IYT |
Ishares Emerging Markets | Stay Long | EEM |
IShares Financial Sector | Stay Long | IYF |
IShares Germany | Stay Long | EWG |
IShares Hong Kong | Stay Long | EWH |
IShares Latin America | Stay Long | ILF |
IShares Mexico | Stay Long | EWW |
IShares Mid Cap 400 | Stay Long | IJH |
IShares MSCI EAFE | Stay Long | EFA |
IShares MSCI Japan | Stay Long | EWJ |
IShares Pacific ex Japan | Stay Long | EPP |
IShares S&P 500 Growth | Stay Long | IVW |
Ishares S&P Small Cap 600 | Stay Long | IJR |
IShares Silver | Stay Long | SLV |
IShares South Africa | Stay Long | EZA |
IShares South Korea | Stay Long | EWY |
IShares Taiwan | Stay Long | EWT |
IShares United Kingdom | Stay Long | EWU |
NDX 100 | Stay Long | QQQQ |
Oil Service Holders | Stay Short | OIH |
Pharmaceutical Holders | Stay Short | PPH |
PowerShares US Dollar Index | Stay Long | UUP |
Russia | Stay Long | RSX |
RYDEX S&P 500 Equal Weight | Stay Long | RSP |
S&P 500 | Stay Long | SPY |
Semiconductor Holders | Stay Long | SMH |
SPDR Consumer Descretionary | Stay Long | XLY |
SPDR Consumer Staples | Stay Long | XLP |
SPDR Gold Shares | Stay Long | GLD |
SPDR Healthcare | New Short | XLV |
SPDR Industrial Sector | Stay Long | XLI |
SPDR International Real Estate | Stay Long | RWX |
SPDR Materials | Stay Long | XLB |
SPDR Metal & Mining | Stay Long | XME |
SPDR Mid Cap | Stay Long | MDY |
SPDR S&P Homebuilders | Stay Long | XHB |
SPDR Technology | Stay Long | XLK |
Steel Market Vector | Stay Long | SLX |
US Oil | Stay Long | USO |
Wisdom Tree Total Dividend | Stay Long | DTD |
You should not trade any systematic trading plan without proper back testing and analysis of the trading characteristics of the index, stock or ETF you are trading.
These trading signals are provided courtesy of the website you are viewing. This information should not be used without research and advice from a financial professional.
Be aware that this condition can and will change any day in the future.
We monitor the Turtle Trading System along with system performance rankings of other systematic trading plans.
There is No “Holy Grail” in trading systems. Do not use the Turtle Trading System or any other systematic trading system without proper research on the asset.
For questions on rule based, systematic trading, contact
mark@seleznovcapitaladvisors.com
www.seleznovcapitaladvisors.com