Monthly Archives: June 2017

6-29-17 – Trading Strategy

6-29-17 – 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)
6/21/17 – 450 TMF (20+ Year Treasury Bonds) @ $22.63 ($10,183 Position Size)
6/23/17 – 1550 LABD (Inverse Biotech) @ $6.50 ($10,000 Position Size)

Positions I’m Opening


  • No new positions for Thursday

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 TMF (20+ Year Treasury Bonds) Limit @ $24.00 6.05% or ($616 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $20.30 10.30% or ($1,048 Loss)

Today’s Update


Market Snapshot 6-28-17

Huge bullish correlation across the markets, dissolving some of my bearish trades. However, I’m keeping wide stops, so no matter which direction wins, I should be able to sell off either side of my portfolio as profit targets are hit.

I didn’t get a big win out of my Keltner Top reversal in LABD (Inverse Biotech) but I made a small profit that I’m happy with regardless.

Sold 1600 LABD (Inverse Biotech) Limit @ $6.50 for a 16% of ($400 Profit)

I would have come close to filling at $7.00, but because I’m still in Australia, I was only able to stay up to watch a few hours of the market open. Once I saw I was at $6.50 I decided to take the profit and call it a night.

LABD 6-28-17

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 6-28-17

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 6-28-17

 

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 is stalling a bit, but with the markets correlated, this will certainly benefit.

YINN 6-28-17

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

Starting to see some more green bars in this trade, but nothing much to write home about as my profit target still seems a ways away.

SPXL 6-28-17

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)

Much better movement in XIV as volatility remains low.

XIV 6-28-17

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)

Big recovery now in RUSL (Russia) and it’s close to testing it’s resistance level of $37.00 and it’s upper downward trend channel line. I would have preferred to take money off the table prior to this, however, I’ve setup the trade to focus on the longer term trend to hit my original profit target.

RUSL 6-28-17

Chart and orders for RUSS (Inverse Russia)

I’m in this for a longer term trade now at this point with the recent correction.

RUSS 6-28-17

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)

Letting this one continue to move, though it was a better bullish trade once PPO turned positive and it broke back within it’s previous resistance level of $13.50.

UGAZ 6-28-17

Chart and orders for DGAZ (Inverse Natural Gas) for tomorrow

DGAZ 6-28-17


Sell TMF (20+ Year Treasury Bonds) Limit @ $24.00 6.05% or ($616 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $20.30 10.30% or ($1,048 Loss)

TMF reversed right after my entry. This can happen in any trade, but this is also why I have a wide stop to allow for volatility.

TMF 6-28-17

 

 

 

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6-27-17 – Trading Strategy

6-27-17 – 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)
6/21/17 – 450 TMF (20+ Year Treasury Bonds) @ $22.63 ($10,183 Position Size)
6/23/17 – 1550 LABD (Inverse Biotech) @ $6.50 ($10,000 Position Size)

Positions I’m Opening


Buy 177 EDC (Emerging Markets) Limit @ $88.50 ($15,664 Position Size)
Sell 177 EDC (Emerging Markets) Limit @ $97.00 9.60% or ($1,500 Profit)
Sell 177 EDC (Emerging Markets) Stop Limit @ $80.00 9.60% ($1,500 Loss)


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 TMF (20+ Year Treasury Bonds) Limit @ $24.00 6.05% or ($616 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $20.30 10.30% or ($1,048 Loss)

Sell 1600 LABD (Inverse Biotech) Limit @ $7.00 for a 16% of ($1,200 Profit)

Today’s Update


Market Snapshot 6-26-17

Nice bullish swing practically across the board. Interestingly Gold took a big drop while bonds inched higher. Natural Gas came out of nowhere and exploded higher making this a ride-along trade to see if it’s a dead cat bounce or if the larger trend will resume. RUSS (Inverse Russia) was within pennies of closing for a fantastic profit and now is right where I started, so this trade will just have to sit longer.

I was also filled on TMF and LABD since my last newsletter. Lots of open positions now.

Positions I’m Opening


Buy 177 EDC (Emerging Markets) Limit @ $88.50 ($15,664 Position Size)
Sell 177 EDC (Emerging Markets) Limit @ $97.00 9.60% or ($1,500 Profit)
Sell 177 EDC (Emerging Markets) Stop Limit @ $80.00 9.60% ($1,500 Loss)

EDC broke it’s key resistance level of $88, so I’m ready to buy. Since it’s up for four days in a row I’m asking for the current price and not chasing.

EDC 6-26-17

 

 

Positions I’m Selling


 

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 6-26-17

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 6-26-17

 

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)

Back to break even. Hopefully the bullish bias in the markets will start to bring this position higher now.

YINN 6-26-17

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

Starting to see some more green bars in this trade, but nothing much to write home about as my profit target still seems a ways away.

SPXL 6-26-17

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)

Much better movement in XIV as volatility remains low.

XIV 6-26-17

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)

RUSL (Russia) has made a substantial reversal which has wiped out all of the paper profits I was sitting on. It’s not a move large enough to think this existing downtrend is over, but it sure is a pain when the downward moves have been so smooth. This is why I have a wide stop to allow for the larger trend to take place.

RUSL 6-26-17

Chart and orders for RUSS (Inverse Russia)

After missing my profit target by pennies last week, now the clock is reset as RUSS (Inverse Russia) has dropped back down to my entry. I still have a very wide stop on this to allow this move to develop as the longer term trend in RUSL (Russia) is down.

RUSS 6-26-17

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)

Natural Gas made a dead cat bounce and gapped up big time on Monday. It’s turned PPO positive, broke above it’s previous resistance level and outside of it’s existing trend line. This is screaming a pure reversal. I’m debating buying a short term buy on UGAZ just to offset this in the short term.

UGAZ 6-26-17

Chart and orders for DGAZ (Inverse Natural Gas) for tomorrow

DGAZ 6-26-17


Sell TMF (20+ Year Treasury Bonds) Limit @ $24.00 6.05% or ($616 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $20.30 10.30% or ($1,048 Loss)

Filled at a higher price for TMF, but I have a short profit target to take off a quick win if possible.

TMF 6-27-17

Sell 1600 LABD (Inverse Biotech) Limit @ $7.00 for a 16% of ($1,200 Profit)

LABU finally reversed somewhat after hitting a Keltner top, but only a small amount. Just holding through today to see if we get a follow through but selling today no matter what.

LABU 6-26-17

Chart and orders for LABD (Inverse Biotech). I’ve reduced my profit target to see if I can get an intraday fill since the goal of Keltner reversals is not to hold onto them for more than 1-2 days tops and this will be day 2.

LABD 6-26-17

 

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ETFs to Watch 6.25.17

ETFs to Watch 6.25.17

Looking across the global markets, one has to wonder, when will all these ‘nay-sayers’ will be right and these markets will make the “big correction” that is looming. Well, things are slowing, but the trends haven’t broken. Volatility has had small spikes, but has always recovered.

The earliest signal is the drop in energy (Crude Oil and Natural Gas) and the increasing investments in US Treasury Bonds and Gold. So my tactic is to start spreading out my trades over bullish and bearish positions to protect against any big surprises next week.

More trading analysis in this week’s ETFs to Watch!

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