Our long British Pound in June strategy has been quite successful since 2000. We enterer long trades on June 11/12 @ 1.67900 and on June 27th at 1.70350 for an average price of 1.68513. One of our exit signal triggered on July 16th. We will exit one of our position. For reporting purposes we will use…
Following are our trade ideas for our Daily Trader portfolio for Thursday July 17th, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. AMC Networks Inc. (AMCX) Direction: Long Entry: 64.42 Stop: 62.90 Target: 66.56 Pattern: Expansion Candle / Resistance Break Out /…
Entry level updates for July 16th Daily Trader setups ALB (short) – update entry to 68.63 and stop to above day’s high If you have not already taken the EXXI short trade then update the entry to 20.70 – just below the ORB (Opening Range Bar – first 30 minute candle).
Following are our trade ideas for our Daily Trader portfolio for Wednesday July 16th, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Comerica, Inc. (CMA) Direction: Long Entry: 52.02 Stop: 51.41 Target: 51.35 Pattern: Expansion Candle / Horizontal Channel Break Out Albemarle Corp.…
On Friday we issued an alert to stake long positions in DDM (ProShares Ultra Dow 30) and QLD (ProShares Ultra QQQ). The exit signal for one of those trades was generated by the close on Monday. Exit QLD at or near 118.16 – close on July 14th DDM – we will exit DDM by close tomorrow…
In our Almanac Trader portfolio we look for trading opportunities based upon the calendar days as certain tendencies keep occurring around certain dates and calendar events for one reason or other. One such opportunities is arising now when the Dow Jones Industrial Averages and NASDAQ Composite show bullish bias. Since 2000, using 1X and 2X index ETFs, our strategy produced 28…
We got into health care long trades on March 4th and March 17th in our seasonality trader portfolio. These trades went up and then down in April and then came up again. The exit window opened up in June and on the first trading day of July we exited couple of these trades. The price action on July 7th has signaled…
Yesterday we had trade alert for the first day of the July, which shows bullish propensity. This year was no exception and the trades that we initiated on close of June 30th were closed with profit on July 1st. DDM, ProShares Ultra Dow 30 gained +1.6% SSO, ProShares Ultra S&P 500, returned +1.3% QLD, ProShares…
We put our Health Care trades in early March (here and here). The exit window for these trades opened in June and we have been following the chart action since to look for a favorably exit. The close on July 1st provided such an exit for two of our trades. We held these trades for 83 calendar days. Close…
The end of second quarter and start of third quarter give a couple of good trading opportunities for our ‘Seasonal Trader portfolio. The first day of July has a bullish tendency and so far, mid-day on July 1st, it is progressing as expected. The second trading day of July, on the other hand, has bearish tendency.…
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