This is an update on pair trades. Access requires a Premium Articles or All-in-One subscription.
We announced two pair trades on November 11, 2023. In a December 18, 2023, update, we introduced an exit signal at breakeven for risk management. The first pair trade reached the breakeven exit last week, but the second is still profitable. We believe there is a solid case for reactivating the first pair trade with a stop-loss while monitoring the second for a break-even stop.
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Specific disclaimer: This report includes charts that may reference price levels determined by technical and/or quantitative analysis. No charts will be updated if market conditions change the price levels or any analysis based on them. All charts in this report are for informational purposes only. See the disclaimer for more information.
Disclaimer: No part of the analysis in this blog constitutes a trade recommendation. The past performance of any trading system or methodology is not necessarily indicative of future results. Read the full disclaimer here.
Charting and backtesting program: Amibroker. Data provider: Norgate Data
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