Daily Trader: Trading Ideas For August 27th, 2014

Our Daily Trader portfolio scan generated following trade setups for Wednesday August 27th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. GrupoFinanciero SantanderMexicoSAB De CV (BSMX) Direction: Long Entry: 14.37 Stop: 13.95 Target: 14.61 Pattern: Expansion Candle GW Pharmaceuticalsplc. (GWPH) Direction: Long Entry:…

BITA Update

If any of you are long BITA based upon our Daily Trader report and morning Trading Notes then I would either sell all or sell a piece here and bring the stop to break even.

Trading Notes – August 26th

Some of our Daily Trader trades triggered this morning. For others adjust the entry and stop levels based upon ORB (Opening Range Bar – first 30-minute candle) breaks. BITA (long) set the entry to 933.33 TRW (short) adjust entry to 95.44 TYL (short) set entry to 89.63