ETF Pairs Arbitrage by B.W.O.

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gibus2

#1
I wanted to make sure the advisor for this strategy is still alive and well. I was puzzled that the signal to sell was not given a few times recently when QLD hit $97+. Just looking for a sign that there is still a pilot in the plane!
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B.W.O.

#2
Gib,

No, there was no signal there because we hadn't gone high enough to sell, and we're oversold meaning negative on the indicator nearly 100% of the way to where we'd buy again so that means the average trade length being 20 days on a profit each time I get a signal after the initial entry I expect the trade to last another twenty days (trading days or bars), and then we have to go completely to the overbought side which at this point is like saying we're at -100% and need to go to 150% or increase simply 250% the volatility based overbought oversold thresholds I use to time markets on leveraged pairs and their contras.
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B.W.O.

#3
Guys, quick tips for those of you that use outlook or iOS.

Create a folder named "Wealth Signals" Or "WS ETF Pairs Arbitrage" and then right click on my signal's e-mail, left click on create rule, check the boxes sent to "You" From no-reply@wealth-lab.com but anyway, move the item for my signal into the folder you just created by clicking "select folder" and navigating to that folder.

Once you've done that run it for all and you'll have your Wealth Signals e-mails in a nice little folder and whenever I issue a Wealth Signal you'll see the WS there and won't have to worry about whether I sent the signal or not.

You can always check the page to see what I've reported and if you see "Author Reports:No Signals Today" then you know there's nothing to do but relax and wait for an ENORMOUS PROFIT to come our way.
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Eugene

#4
For those that use Gmail, a filter could be created that automatically marks as read if message from no-reply@wealth-lab.com contains the string "no signals today". The same applies to many desktop email clients (Thunderbird, Outlook, The Bat! etc)
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gibus2

#5
Top notch answer B.W.O. Thank you for replying to my question. Onward and forward!
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B.W.O.

#6
Truly! Excelsior! Thanks, Gib!
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raindrop

#7
Hello,
There was a signal last night to Buy QID at the market open today (August 29, 2018). However on the Wealth-Signal page the status of this QID buy signal is 'Failed' .
I was wondering what does a 'Failed' signal mean? What caused the signal to Fail?

Thanks.
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B.W.O.

#8
They don't have an OTO option on the website, and treated the account as if it were cash. In retirement, normally there is a 3 day settlement period before you can re-enter, but this is just a issue with the order I sent the trades in and it should be corrected bc I have already submitted a ticket for it.
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Eugene

#9
The QID buy order failed on WS due to "Not enough cash reserve to enter position."

QUOTE:
I was wondering what does a 'Failed' signal mean? What caused the signal to Fail?

It's the way WS processes market orders when capital is insufficient (high exposure). Here's a summary of what you should know about this peculiarity of WS and how to avoid it:

How market orders are prioritized in WS?, post #2

More information: GS and PYPL failed
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B.W.O.

#10
This order would have executed in Margin and Cash based non-retirement accounts with an OTO which I added a feature request for capability.

For futures traders and other derivatives in the NDX note the strategy still would have gone to the position it is about to release for the Wealth Signal today.
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Eugene

#11
To any former, existing or potential WealthSignals authors out there. The inconvenience caused by the market order execution priority will be fixed soon. Exit orders will have the priority over entry orders, reclaiming cash necessary to execute the buy/short signals. Look forward to announcements.
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