Monthly Archives: January 2016

1-14-16 – Trading Strategy

1-14-16 – Trading Strategy

What I’m in


  • No current positions

What I’m selling


  • No current positions

What I’m buying


Buy TMF (20+ Year Treasury Bonds) Limit @ $78.00
Sell TMF (20+ Year Treasury Bonds) Limit @ $81.50 (4.49% Profit)

Buy JNUG (Junior Gold Miners) Limit Range @ $27.00 – $28.00
Sell JNUG (Junior Gold Miners) Limit @ $32.00 (14.29% – 18..52% Profit)

Sell JNUG (Junior Gold Miners) Stop Loss @ 5%

Today’s Updates


 Market Snapshot 1-13-16

Wow. this is bad, this is getting really bad. YINN (China) has been down 11 days in a row! The 2-3 day pullbacks have been minor at best and not strong enough to call it an official pull back that I would feel comfortable playing the continued trend lower.

Personally as a trader, it’s painful to watch all of this downside opportunity go to waste. Hindsight is always 20/20 and the best and only time I want to take a trade is within the first 1-2 days of it’s move. The opening gaps that started many of these downtrends were too far for my risk tolerance. I’ve been waiting for a week and a half to play some of these markets to the downside and the news will really start selling the panic that we’ve been watching for over a week.

Markets never fall in a straight line and it’s those who jump on the bandwagon last that get hurt the most. Here is a quick example of that fact in the Dow Jones (which took a big gut shot with a 364 point drop today).

DJIA 1-13-16

What I’m Watching


UGAZ (Natural Gas) turned green today, but not enough to become bullish. As I stated in yesterday’s post, triangle consolidations can turn into sideways movements if they don’t break their support/resistance levels. I’m waiting for UGAZ to fall below $2.00 or break $2.75 again.

UGAZ 1-13-16

What I’m Buying


Buy TMF (20+ Year Treasury Bonds) Limit @ $78.00
Sell TMF (20+ Year Treasury Bonds) Limit @ $81.50 (4.49% Profit)

This is an unlikely fill at this point due to how much it moved higher today, but I’ll keep the order in for tomorrow as the trend in TMF is still up and markets are volatile enough that I may get a lucky fill.

TMF 1-13-16

Buy JNUG (Junior Gold Miners) Limit Range @ $27.00 – $28.00 
Sell JNUG (Junior Gold Miners) Limit @ $32.00 (14.29% – 18..52% Profit)
Sell JNUG (Junior Gold Miners) Stop Loss @ 5%

Risky trade! I’m taking a chance on this one. However, $27 – $28 has been holding for the past couple of days and is already down 4 days in a row. Being that Gold is the goto conservative investment during down markets I have a “hunch” on this one. No better way than to test it in real markets.

I am using an order entry system I wrote that will get me in at the best price between $27.00 – $28.00, if it doesn’t drop to that range then I won’t be filled. This allows me to better control my risk.

JNUG 1-13-16