Daily Trader: Trade Ideas For August 1st 2014

Our Daily Trader portfolio scan generated following trade ideas for August 1st, 2014. Market had a pretty big down day so all of our opportunities are on the short side. These are short-term trading ideas that are normally closed either the same day or in next few days. Direxion Daily S&P 500Bear3X Shares (SPXS) Direction: Long Entry:…

Daily Trader: Trade Ideas For July 31st 2014

Our Daily Trader portfolio scan generated following trade ideas for July 31st, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Booz Allen Hamilton Holding Corp. (BAH) Direction: Long Entry: ORB (Opening Range Bar – first 30 minute candle) break Stop: 1 point from entry Target:…

Beginning of August Weak For Equities – Trade Alert

First few days of trading in August have been bad for the US equities. Whether it is the summer vacation or the heat but the major market indices decline during this time period. The bearish tendencies are strong enough to trade. We have applied our proprietary strategy for entry and exit to identify favorable time…

Daily Trader: Trade Ideas For July 30th 2014

Our Daily Trader portfolio scan generated following trade ideas for July 30th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Honda Motor Co. Ltd. (HMC) Direction: Long Entry: 36.12 Stop: 35.46 Target: 36.98 Pattern: Potential Resistance Break / Expanding Candle Pharmacyclics, Inc. (PCYC) Direction: Long…

Daily Trader: Trade Ideas For July 29th 2014

Our Daily Trader portfolio scan generated following trade ideas for July 29th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Duke Energy Corp. (DUK) Direction: Long Entry: 74.58 Stop: 73.74 Target: 77.56 Pattern: Expanding Candle HD Supply Holdings, Inc. (HDS) Direction: Short Entry: 25.76 or ORB…

Daily Trader: Trading Ideas For July 28th, 2014

Following are our trade ideas for Monday July 25th in our Daily Trader portfolio.These are short-term trade ideas that are normally closed either the same day or in next few days. Trade nimbly. Spansion Inc. (CODE) Direction: Short Entry: 19.75 Stop: 21.41 Target: 19.10 Pattern: Expansion Candle / Ascending Triangle Down Break Mallinckrodtplc (MNK) Direction: Short Entry: 73.69 or…

Daily Trader: Trade Ideas For July 25th, 2014

Following are our trade ideas for our Daily Trader portfolio for Thursday July 24th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. CA Inc. (CA) Direction: Long Entry: 29.81 Stop: 29.22 Target: 31.00 Pattern: Expansion Candle / Resistance Break Out Medical Properties…

Trading Notes – Thursday July 24th

Some of our trade alerts in our Daily Trader portfolio triggered in the morning. For other modify the entry levels based upon ORB (Opening Range Bar – first 30-minute candle). APD (long) – update entry to 136.06 FSL (short) – change entry to 22.60 SLAB (short) – modify entry to 46.34 THRX (short) – update…

Trade Alert: July 24th – Stop Pounding

On June 11th, we got traded British Pound on the long side against US Dollar in our long British Pound in June strategy, when the currency pair was at 1.67900. On June 27th we added to that position at 1.7073. The exit window for this strategy opened up in mid-July and we exited one lot on July 16th at…

Daily Trader: Trade Ideas For July 24th, 2014

Following are our trade ideas for our Daily Trader portfolio for Thursday July 24th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Air Products and Chemicals, Inc. (APD) Direction: Long Entry: 136.41 Stop: 134.83 Target: 141.50 Pattern: Expansion Candle / Resistance Break Out Hawaiian…