Monthly Archives: December 2014

1/2/15 – Trading Strategy

1/2/15 – Trading Strategy

Current Holdings

12/22/14 – BZQ (Inverse Brazil) @ $81.50 

Today’s Updates



Stopped out of SPXL @ $89.90 for a 1.01% gain.
Stopped out of DRN @ $80.75 for a 1.25% gain.
Sold RUSS Limit @ $28.15 for a 15.61% gain.

– EPV wasn’t filled today. It’s low was $62.17 and my order was for $62.10.

Earlier this week I was stopped out on DGLD (Inverse Gold) with the intention of possibly riding gold down further later in the week. At this point, I don’t believe I will be doing either. I looked again at the new possible trends and drew the chart below. We could actually be in a short term uptrend if GOLD goes up on Friday and holds through next week. Right now we need a couple more days before a solid trade can be determined.

XAU USD Dec 31 2014

Current Holdings with Open Orders for 1/2/15


 

Sell BZQ (Inverse Brazil) Limit @ $90.00
Sell BZQ (Inverse Brazil) Stop @ $78.50

– Brazil finally started it’s downward turn today. Not high enough in the position to move the stop up. $90 is an unlikely sell, but that will be my target unless something causes me to believe otherwise.

Open Orders for 1/2/15


 

BUY EPV (Inverse Europe) @ $62.55

– EURL (Europe) is starting to show it’s downward movement. I’m going to up my bid on EPV (Inverse Europe) to the close of 12/30/14, but this one may very well get away from me.

EPV 12 31 2014

BUY JDST @ $12.60
SELL JDST @ $14.55

JNUG (Junior Gold Miners) has broken out of it’s downtrend and what appeared to be a triangle. We are now either in a sideways consolidation or it will move up higher. With GOLD having spiked lower today, I think it’s unlikely JNUG will go higher. If it does, I’m putting in a bid for JDST (Inverse Junior Gold Miners) to take advantage of what I feel will be an immediate correction in JNUG.

Looking at the chart of JNUG you can see the potential sideways consolidation and resistance if it tries to throw over on Friday.

 

JNUG 12 31 2014

So I’m putting in a bid for JDST if it drops the currently 7-day ATR % of 20%

JDST Dec 31 2014

 

BUY RUSS (Inverse Russia) @ $23.25
SELL RUSS (Inverse Russia) @ $26.85

– RUSL (Russia) is going down again, but because it has up to 20% daily moves, I’m getting in to RUSS (Inverse Russia) if RUSL goes up 21% for the day.

12/31/14 – Trading Strategy

12/31/14 – Trading Strategy

Current Holdings

12/18/14 – DRN (Real Estate) @ $79.75
12/18/14 – SPXL (S&P 500) @ $89.00
12/22/14 – BZQ (Inverse Brazil) @ $81.50
12/30/14 – RUSS (Inverse Russia) @ $24.35

 

Today’s Updates



Stopped out of DGLD @ $74.12 for a 1.5% loss

– Expected corrections occurred today. Keeping with the same stops, hopefully they hold through this correction towards bigger gains later.

– Stopped out of DGLD today, big spike up in gold. Have to wait a couple days to see if a new direction is forming. JNUG broke out of it’s downward triangle, could be a throw over. Since it’s against the trend, it needs a lot more conviction to play the opposite direction.

Current Holdings with Open Orders for 12/31/14


 

Sell DRN (Real Estate) Limit @ $85.50
Sell DRN (Real Estate) Stop @ $80.80

Sell SPXL (S&P 500) Limit @ $93.15 (Going to sell near a possible Keltner Top)
Sell SPXL (S&P 500) Stop @ $89.90

– Never move a stop once it’s set. We came close today, we may get stopped out tomorrow as people try and take their losses on the last trading day of the year for tax purposes. I’d rather sell with a win!

Sell BZQ (Inverse Brazil) Limit @ $90.00
Sell BZQ (Inverse Brazil) Stop @ $78.50

– I’m surprised BRZU (Leveraged Brazil) hasn’t fallen downward yet. This slight sideways movement isn’t usually indicative of a strong uptrend. Let’s see if the stop holds.

Sell RUSS (Inverse Russia) Limit @ $28.15
Sell RUSS (Inverse Russia) Stop @ $23.00

– Not going to allow it to drop much in the morning to keep my risk/reward ratio high, going for a 15% gain.

 

Open Orders for 12/31/14


 

BUY EPV (Inverse Europe) @ $62.10

 

– Looking at the chart of EURL (Europe)  we can see a pretty clear movement back to the downside within the longer term trend lines. To take advantage of this, I’m putting in an order for EPV at 50% less the 7-day ATR which is $.89. So I’m trying to get a small discount. It gapped up today, so it may just run away from me.

EURl dec 30 2014

 

12/30/14 – Trading Strategy

12/30/14 – Trading Strategy

Current Holdings

12/18/14 – DRN (Real Estate) @ $79.75
12/18/14 – SPXL (S&P 500) @ $89.00
12/22/14 – BZQ (Inverse Brazil) @ $81.50
12/26/14 – DGLD (Inverse Gold) @ $75.28

Today’s Updates



– Upward direction for all current holdings except a slight downturn in BZQ. In looking at SOXL (One of the 3 US market stocks I look at) it was down today, but SPXL is still up. SPXL should be going down very soon, 8-days up is a very hard trend to hold so I may try and sell at a possible top and rebuy after the correction.

– Minor sell targets for the remaining holdings. No new positions.

Current Holdings with Open Orders for 12/30/14


 

Sell DRN (Real Estate) Limit @ $85.50
Sell DRN (Real Estate) Stop @ $80.80

Sell SPXL (S&P 500) Limit @ $93.15 (Going to sell near a possible Keltner Top)
Sell SPXL (S&P 500) Stop @ $89.90

Sell BZQ (Inverse Brazil) Limit @ $90.00
Sell BZQ (Inverse Brazil) Stop @ $78.50

Sell DGLD (Inverse Gold) Limit @ $80.60
Sell DGLD (Inverse Gold) Stop @ $74.60
– 
Tightening up our stop for DGLD. We had a favorable 2.93% movement today. Daily ATR % is 3.49%, so we can still take a loss, albeit a much smaller one now.

 

Open Orders for 12/30/14


 

Buy EDZ (Leveraged Inverse Europe) @ $37.00

Looking at EURL (Leveraged Europe) we can see we had a down turn correction from the 20-day EMA in purple and a bounce off the long term down trend. It appears we’re back on track to the downside. Now, I need at least 3 items on the B12 Trade Confidence scale, and PPO has not yet turned downward. So I’m putting in a bid for half of the 7-day ATR to try to get in cheaper just to add some safety.

 

EURl Dec 29 2014

Here is the chart of EDZ (Inverse Leveraged Europe) and where I want to get in

EDZ Dec 29 2014

Buy RUSS @ $24.35
Sell RUSS @ $28.15

– RUSL has been in a long down trend with some recent pull backs. This means RUSS should be dropping as a result. Putting in a bid if RUSS falls about 22% from what I’m calculating. That’s right at the current 7-day ATR percentage. If I get in, I’m selling out as fast as possible because 20% daily movement can be risky if it’s not played correctly.

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