For a few years I have been day trading using technical chart patterns together with an understanding of the fundamentals of the US economy and using discretionary entries. Lately, CB interventions (verbal and actual policy actions), rumors, HFT runs had been making it challenging to read the markets and control open trade positions, so I decided to try algorithmic approaches. My endeavor has kept me busy over the last 6-8 months, building a system and coding the strategies is quite frankly a tiresome exercise. I shall be writing about some of my findings as we go along, at the moment I am finding quantitative work quite exciting.
