8-10-17 – Trading Strategy

8-10-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions


 5/11/17 – 322 JNUG (Junior Gold Miners) @ $17.62 ($5,673 Position Size)
6/21/17 – 231 DGAZ (Inverse Natural Gas) @ $27.50 ($6,352 Position Size)
7/7/17 – 750 ERY (Inverse Energy Exploration Companies) @ $14.13 ($10,598 Position Size)
7/7/17 – 139 DWT (Inverse Crude Oil) @ $36.60 ($5,087 Position Size)
8/8/17 – 231 BRZU (Brazil) @ $38.00 ($8,778 Position Size)
8/8/17 – 91 XIV (Inverse VIX) @ ($8,463 Position Size)
8/8/17 – VGK (Europe) @ ($19,950 Position Size)

Positions I’m Opening


 

  • No new positions for tomorrow

 

Positions I’m Closing


Sell BRZU (Brazil) Limit @ $44.50 17.11% or ($1,502 Profit)
Sell BRZU (Brazil) Stop Limit @ $31.50 17.11% or ($1,502 Loss)

Sell XIV (Inverse VIX) Limit @ $109.50 17.74% or ($1,502 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $76.50 17.74% or ($1,502 Loss)

Sell VGK (Europe) Limit @ $60.00 5.26% or ($1,050 Profit)
Sell VGK (Europe) Stop Limit @ $54.40 4.46% or ($910 Loss)

Sell JNUG (Junior Gold Miners) Limit @ $22.25 26.28% or ($1,490 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $13.00 26.22% or ($1,487 Loss)

Sell DGAZ (Inverse Natural Gas) Limit @ $35.00 27.27% or ($1,732 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $21.00 23.64% or ($1,501 Loss)

Sell ERY (Inverse Energy Exploration Companies) Limit @ $15.50 9.7% or ($1,027 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop @ $12.00 15.07% or ($1,597 Loss)

Sell DWT (Inverse Crude Oil) Stop Limit @ $45.00 22.95% or ($1,167 Profit)
Sell DWT (Inverse Crude Oil) Stop Limit @ $25.00 31.69% or ($1,612 Loss)
  

Today’s Update


Market Snapshot 8-9-17
Today the markets saw a big spike in premarket volatility on what many are associating as the contentious remarks between the US president and the leader of Korea threatening nuclear war if any further hostilities occur. This kind of staring contest is what freaks out wall street and causes panic. This was clear and cut as all the equities took a hit while the conservative investments, Bonds and Gold both benefitted. Also coincidentally, crypto currencies, Bitcoin and Etherium are on a tear soaring higher than ever. This was only one day, but it’s unknown how long this concern will last or if it will be shrugged off by weeks’ end.
Either way, there was going to be a big gap lower in the markets ad that’s what occurred. As a result I sent out my intraday email stating I was going to liquidate my PIN (India) position since Asian markets were getting hit due to the overnight news. I can always buy back in, but I want to take profits off the table while I have them. Without a clear certainty of direction, I’ll hold put until a new opportunity presents itself.
Sold PIN (India) Limit @ $27.00 17.44% or ($1,344 Profit)

PIN 8-9-17

What I’m Watching


TMF (20+ Year Treasury Bonds) is testing it’s $21.50 resistance level again. If this uncertainty continues, we’ll certainly see a break above this level. If so, I will most likely rotate one of my positions into this. I’m thinking of selling off DWT (Inverse Crude Oil) if I’m not stopped out and rotate to TMF (20+ Year Treasury Bonds). Uncertainty also drives up energy prices, so I’ll want to reduce my exposure to that market since I’m already in ERY (Inverse Energy Exploration Companies) and DGAZ (Inverse Natural Gas).
TMF 8-9-17

 

 

Positions I’m Closing


Sell BRZU (Brazil) Limit @ $44.50 17.11% or ($1,502 Profit)
Sell BRZU (Brazil) Stop Limit @ $31.50 17.11% or ($1,502 Loss)

BRZU 8-9-17

Sell XIV (Inverse VIX) Limit @ $109.50 17.74% or ($1,502 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $76.50 17.74% or ($1,502 Loss)

XIV 8-9-17

Sell VGK (Europe) Limit @ $60.00 5.26% or ($1,050 Profit)
Sell VGK (Europe) Stop Limit @ $54.40 4.46% or ($910 Loss)

VGK 8-9-17

 

Sell JNUG (Junior Gold Miners) Limit @ $22.25 26.28% or ($1,490 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $13.00 26.22% or ($1,487 Loss)

JNUG has made a nice two day recovery and with potential uncertainty in the market this should continue to do well. Hopefully enough to finally break out of it’s sideways consolidation.

JNUG 8-9-17

Sell DGAZ (Inverse Natural Gas) Limit @ $35.00 27.27% or ($1,732 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $21.00 23.64% or ($1,501 Loss)

UGAZ (Natural Gas) has reversed sharply back into it’s sideways trading range.

UGAZ 8-9-17

Chart and orders in DGAZ (Inverse Natural Gas) didn’t move up again and saw a big gap lower today. This could simply be a sign of volatility increasing or a reversal of trend. Still too early to tell.

DGAZ 8-9-17

 

Sell ERY (Inverse Energy Exploration Companies) Limit @ $15.50 9.7% or ($1,027 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop @ $12.00 15.07% or ($1,597 Loss)

ERX (Energy Exploration Companies) still in it’s slow decline.

ERX 8-8-17

Chart and orders for ERY (Inverse Energy Exploration Companies) moving up nicely. My next stop wil be $12.50. Going to watch and see how this goes this week before adjusting.

ERY 8-9-17


Sell DWT (Inverse Crude Oil) Stop Limit @ $45.00 22.95% or ($1,167 Profit)
Sell DWT (Inverse Crude Oil) Stop Limit @ $25.00 31.69% or ($1,612 Loss)

Still remains above $14.00, but it is drifting lower. The 100-day EMA in Orange is holding nicely, but a break below $14.00 and outside of this trend channel would be much appreciated.

UWT 8-9-17

Chart and orders for DWT (Inverse Crude Oil) is now in a sideways consolidation. If TMF (20+ Year Treasury Bonds) moves higher, I will close this out. This is spending too much time at these levels and if the market uncertainty goes beyond today, there won’t be much to keep the markets calm on Oil prices.

DWT 8-9-17

 

 

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ETFs to Watch 7.23.17

ETFs to Watch 7.23.17

** Learn how to trade like I do with my Educational Series **

So many great trends for the swing trader this week! In a nutshell, most markets have great trends forming, while energy is turning bearish, gold is running sideways, and equities rule! This week I share some of the trades I’m in, and trades I’ve won and lost in July. Profits are far outpacing losses.

Learn more in this week’s video!

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7-10-17 – Trading Strategy

7-10-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions


4/3/17 – 870 PIN (India) @ $22.90 ($20,000 Position Size)
5/11/17 – 322 JNUG (Junior Gold Miners) @ $17.62 ($5,673 Position Size)
5/25/17 – 375 SPXL (S&P 500) @ $33.50 ($12,562 Position Size)
6/1/17 – 349 YINN (China) @ $22.75 ($7,936 Position Size)
6/10/17 – 91 XIV (Inverse VIX) @ $82.38 ($7,496 Position Size)
6/16/17 – 273 RUSS (Inverse Russia) Limit @ $39.00 ($10,647 Position Size)
6/21/17 – 231 DGAZ (Inverse Natural Gas) @ $27.50 ($6,352 Position Size)
7/6/17 – 131 LABU (Biotech) @ $66.50 ($8,711 Position Size)
7/7/17 – 750 ERY (Inverse Energy Exploration Companies) @ $14.13 ($10,598 Position Size)
7/7/17 – 139 DWT (Inverse Crude Oil) @ $36.60 ($5,087 Position Size)

 

Positions I’m Opening


 

  • No new orders for Monday

Positions I’m Closing


 

Sell PIN (India) Limit @ $27.00 17.44% or ($3,501 Profit)
Sell PIN (India) Stop Limit @ $21.50 6.48% or ($1,301 Loss)

Sell JNUG (Junior Gold Miners) Limit @ $22.25 26.28% or ($1,490 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $13.00 26.22% or ($1,487 Loss)

Sell YINN (China) Limit @ $27.00 18.68% or ($1,483 Profit)
Sell YINN (China) Stop Limit @ $18.45 18.90% or ($1,500 Loss)

Sell SPXL (S&P 500) Limit @ $37.50 ($1,500 Profit)
Sell SPXL (S&P 500) Stop Limit @ $29.50 ($1,500 Loss)

Sell XIV (Inverse VIX) Limit @ $98.50 19.57% or ($1,466 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $65.50 20.49% or ($1,535 Loss)

Sell RUSS (Inverse Russia) Limit @ $44.50  for a 14.10% or ($1,500 Profit)
Sell RUSS (Inverse Russia) Stop Limit @ $33.50 for a 14.10 or ($1,500 Loss)

Sell DGAZ (Inverse Natural Gas) Limit @ $35.00 27.27% or ($1,732 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $21.00 23.64% or ($1,501 Loss)

Sell LABU (Biotech) Limit @ $84.00 26.32% or ($2,292 Profit)
Sell LABU (Biotech) Stop Limit @ $55.00 17.29% or ($1,506 Loss)

Sell ERY (Inverse Energy Exploration Companies) Limit @ $15.50 9.7% or ($1,027 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop @ $12.00 15.07% or ($1,597 Loss)

Sell DWT (Inverse Crude Oil) Stop Limit @ $45.00 22.95% or ($1,167 Profit)
Sell DWT (Inverse Crude Oil) Stop Limit @ $25.00 31.69% or ($1,612 Loss)
 

Today’s Update


Market Snapshot 7-7-17

Market volatility is certainly picking up which is why I’m trying to blend my directional positions since we’ve been stuck in sideways movements for most everything except Bonds.

Not adding any new orders for Monday as I’m already well distributed across global markets for the time being. However, I may play a bearish move on Bonds this week since they clearly broke their uptrend.

Positions I’m Closing


 

Sell PIN (India) Limit @ $27.00 17.44% or ($3,501 Profit)
Sell PIN (India) Stop Limit @ $21.50 6.48% or ($1,301 Loss)

Long term trade still in development.

PIN 7-7-17

Sell JNUG (Junior Gold Miners) Limit @ $22.25 26.28% or ($1,490 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $13.00 26.22% or ($1,487 Loss)

Gold Miners has broken to the downside out of it’s triangle consolidation which makes it a bit concerning, however triangle can easily turn into sideways movements which is why I’ve put my stop so far away to allow for this. I could be jumping in and out of positions cutting off any minor loss that I see, but these are more volatile markets and I’m switching to play the volatility so I can stay in the position longer until I’m eventually correct or stopped out. For the past few months this has been the proper strategy to play and is also less stressful as a trader.

JNUG 7-7-17

 

Sell YINN (China) Limit @ $27.00 18.68% or ($1,483 Profit)
Sell YINN (China) Stop Limit @ $18.45 18.90% or ($1,500 Loss)

Price movement is testing the lower upper trend channel, but there is a key support level at $18.50 so I’m looking at this as a longer term play.

YINN 7-7-17

Sell SPXL (S&P 500) Limit @ $37.50 ($1,500 Profit)
Sell SPXL (S&P 500) Stop Limit @ $29.50 ($1,500 Loss)

There is a clear pattern of weakness across most markets. The S&P 500 is slowing down dramatically. It’s broken outside of it’s upward trend channel and if it goes below my entry I will probably exit this position. For years the US market has shown it will fight a resistance level and then turn lower if it fails. Only when there is a clear break above resistance does it trend higher.

SPXL 7-7-17

 

Sell XIV (Inverse VIX) Limit @ $98.50 19.57% or ($1,466 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $65.50 20.49% or ($1,535 Loss)

Volatility has dropped a great deal in the pre-market trading, hopefully this will bring XIV back up to profitability again for Monday.

XIV 7-7-17

Sell RUSS (Inverse Russia) Limit @ $44.50  for a 14.10% or ($1,500 Profit)
Sell RUSS (Inverse Russia) Stop Limit @ $33.50 for a 14.10 or ($1,500 Loss)

Optimistic that the drop in Oil will be the catalyst to my position to bring this back to profitability.

RUSS 7-7-17

Sell DGAZ (Inverse Natural Gas) Limit @ $35.00 27.27% or ($1,732 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $21.00 23.64% or ($1,501 Loss)

DGAZ 7-7-17

Sell LABU (Biotech) Limit @ $84.00 26.32% or ($2,292 Profit)
Sell LABU (Biotech) Stop Limit @ $55.00 17.29% or ($1,506 Loss)

LABU 7-7-17

Sell ERY (Inverse Energy Exploration Companies) Limit @ $15.50 9.7% or ($1,027 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop @ $12.00 15.07% or ($1,597 Loss)

ERX continues it’s move lower which caused me to be filled at a slightly higher price in ERY.

ERX 7-7-17

Chart and orders for ERY (Inverse Energy Exploration Companies)

ERY 7-7-17


Sell DWT (Inverse Crude Oil) Stop Limit @ $45.00 22.95% or ($1,167 Profit)
Sell DWT (Inverse Crude Oil) Stop Limit @ $25.00 31.69% or ($1,612 Loss)

Crude oil continues it’s decline after bouncing from it’s $14.00 resistance level. The gap lower caused me to get filled at a higher level in DWT.

UWT 7-7-17

Chart and orders for DWT (Inverse Crude Oil)

DWT 7-7-17

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