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.

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

Following are our trade ideas for our Daily Trader portfolio for Tuesday August 26th, 2014. These are short-term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Bitauto Holdings Ltd. (BITA) Direction: Long Entry: ORB (Opening Range Bar – first 30 minute candle) break out Stop: Below…

YY Inc. gapped up and though it says that the low of the day says is below our entry price, we did not get filled. If any of you got filled then hold on to the trade. We did not chase and will wait for ORB (Opening Range Bar – first 30 minute candle) breakout…

Following are our trade ideas for our Daily Trader portfolio for Monday August 25th, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Holly Frontier Corp. (HFC) Direction: Long Entry: 51.41 Stop: 50.56 Target: 53.17 Pattern: Expansion Candle / Resistance Break LinkedIn…

None of our Daily Traders portfolio trade was triggered in the first 30 minutes of the morning session. As mentioned in our last night’s post modify the entry levels to ORB (Opening Range Bar – first 30-minute candle) levels. HRL (long) entry to be 50.59 and stop to be below day’s low till then EBAY (long)…

Following are our trade ideas for our Daily Trader portfolio for Friday August 22nd, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Bank Of America Corp. (BAC) Direction: Long Entry: 16.28 Stop: 15.82 Target: 16.55 Pattern: Expansion Candle / Resistance Break Citigroup, Inc. (C)…

Three of our trades in Daily Trader portfolio triggered today. NOAH (short) is close to hitting the target. Move the stop to break even. For ANN (long) update the entry to above ORB (Opening Range Bar – 30-minute candle) at 38.75.

Following are our trade ideas for our Daily Trader portfolio for Thursday August 21st, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. AmericanEagleOutfitters, Inc. (AEO) Direction: Long Entry: 13.18 Stop: 12.68 Target: 13.57 Pattern: Resistance Break / Gap Up / Expansion Candle Ann…

Some of our potential trades for today gapped up at the open. We normally do not chase the gaps unless they are very close to our entry, instead, we wait for the first 30-minute candle to close. Update entry for CAVM to 55.88 Update DEPO to 15.16 Update FFIV to 122.35