Hi everyone, A lot of people have asked that we sign up with ET and participate in these forums so here we are. We hope to provide some good insight on how we trade pairs and provide useful information on our unmatched pairs trading software, Iris. Iris has the ability to trade fully automated, grey box, or manual with custom settings for any equity pair. Everyday I call out pairs setups in our free chat at www.chronos-tech.com. There were many swing trades that came in today.. mostly notably were EWBC UMPQ, ED SO, ED XEL, CSJ FXE, HLS DGX, and PNNT IVZ. I called out all of these when I entered and signaled the exits as well. Today we also had some great daytrades in PRU MET, CMO HTS, and a few ETF pair trades in EWM EWU, JNK EWU, and DVY IVE. I've attached a chart of my PNNT IVZ trade so you guys can check it out. My entry and exit levels are labeled, the blue line is the standard deviation, and the red line represents the percent divergence/convergence. As you can see I entered this pair at 10:30 on Friday and closed it around 10 today. The pair converged about 1.20% overnight. I'd like to see a discussion start up here from other pairs traders and hear how you guys have been doing and what software you are using. I highly recommend that you check out more info on our Iris pairs software and join our free chatroom at www.chronos-tech.com. I can be followed on twitter @PairsGuy where I post many pairs setups as well daily. Thanks, Pat Nilles
Tuesday 2-26-13 at 4:25 EST www.Chronos-Tech.com will be having another free online workshop regarding Pair Trading with IRIS. In this weeks workshop we will be discussing: Picking pairs. There will be a Q&A at the end of the presentation. All of our Weekly webinar workshops are recorded and posted at http://chronos-tech.com/video/ ---------------------------------------------------------------------- Please join using the following credentials: I'm a participant: https://join.me/iristrader Nothing will be downloaded, but Flash is required on a PC or Mac. Audio options: No matter how you join the conference, everyone will be on the same audio call. 1. Conference call number: Conference number: +1.862.367.5900 Conference ID: 378-209-690# Are you outside the USA? Check the telephone tab for the latest international numbers.*j 2. Join by internet: You can join the audio conference by internet (VoIP) when you have entered the meeting. Click on the phone icon in the join.me toolbar to connect. A small download might be required.
Great overnight swing in JPM C and another solid daytrade today. You can see my entries (green) and exits (red) that are marked for every level (if multiple up to 20) on Iris charts. Both these trades entered while in full automation (black box) mode. With the ability to customize all settings for entries and exits up to 20 levels and automation I didn't miss either trade.
More solid trading off the Iris STD technicals in JPM C today. Entered at yesterday's resistance and had a nice pullback for auto exit.
We are pleased to announce our latest partnership with Lightspeed Trading, now offering the Iris pairs trading platform to all their retail and institutional customers. http://www.bizjournals.com/prnewswire/press_releases/2013/03/07/CG72970
New Iris Pairs Platform features: 1. Ability to now Lean Net Long or Net Short up to 30% of your overall portfolio. Iris will automatically adjust all Pair levels according to the set % capital allocation for each, leaning the overall portfolio net long/short as requested. 2. Standard Deviation, Price Ratio, Price Spread, and % Divergence charts now go back 6 months vs the previous 3. **Divergence Pairs Trading ability coming soon**
An easy-access subscription link for an Iris demo has been added to the website. The demo uses realtime market data and emulates realistic executions...great for paper trading and becoming familiar with the Iris pair trading system.
Iris is not a "tool"..it's an extremely advanced execution platform with full automation capability. We did offer a free trial period in the past, however, by charging a nominal fee (also keep in mind that live market data is being used) it helps weed out those that are not serious.