Monthly Archives: August 2017

8-23-17 – Trading Strategy

8-23-17 – 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 – 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) @ $93.00 ($8,463 Position Size)
8/16/17 – 100 XIV (Inverse VIX) @ $85.50 ($8,550 Position Size)
8/17/17 – 200 XIV (Inverse VIX) @ $72.00 ($14,400 Position Size)
8/8/17 – VGK (Europe) @ ($19,950 Position Size)
8/11/17 – TMF (20+ Year Treasury Bonds) @ $21.40 ($16,050 Position Size)

Positions I’m Opening


Buy 263 YINN (China) Limit @ $26.70 ($7,022 Position Size)
Sell 263 YINN (China) Limit @ $32.00 19.85% or ($1,394 Profit)
Sell 263 YINN (China) Stop Limit @ $21.00 21.35% or ($1,500 Loss)

 

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 @ $100.00 17.74% or ($7,687 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 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)

Sell TMF (20+ Year Treasury Bonds) Limit @ $23.50 9.81% or ($1,575 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $19.50 8.88% or ($1,425 Loss)
  

Today’s Update


 Market Snapshot 8-22-17
Markets are switching back to the bullish moves that got us here. Will they break new highs though? Hard to tell just yet, but what is happening is volatility is dropping and many of my bullish equity positions are flipping to profitable.
Looking at the current active positions with the recently closed profitable trade in ERY (Inverse Energy Exploration Companies) you can see I have some profitable positions that were recently in deep draw downs.
2017 has been a different year in my strategy and instead of playing for the shorter term hyper active trades, I’ve opened up my stops wider and adjusted my entry to account for the eventual directional bias I originally identified to get into many of these trades.
My ongoing portfolio strategy will be to peel off profitable trades as I get them to offset any that are in the negative. Do this enough and I’ll be fully hedged. Second, if they come back from the negative (Like my trade in DWT keeps trying to do) that will only add to the profits.
performance 8-22-17

What I’m Watching


I’m already in a good number of active positions, but there is one I’m keeping my eye on to see how it develops and it’s LABU (Biotech). It appears to have found support at $55 and is fighting a resistance level and new high at. I’m waiting to see if we get a solid break above $63 (which be ideal with the rather bullish moves we’ve seen recently) to get in.

LABU 8-22-17

Positions I’m Opening


Buy 263 YINN (China) Limit @ $26.70 ($7,022 Position Size)
Sell 263 YINN (China) Limit @ $32.00 19.85% or ($1,394 Profit)
Sell 263 YINN (China) Stop Limit @ $21.00 21.35% or ($1,500 Loss)

YINN 8-22-17

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)

Nice opening gap above the $38.00 resistance level and we are now into profitability. I can’t try and read too much into the fact that it closed lower than it opened, but it’s a great start and it’s following the trend to my profit target.

 

BRZU 8-22-17

Sell XIV (Inverse VIX) Limit @ $100.00 17.74% or ($7,687 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $76.50 17.74% or ($1,502 Loss)

Huge gap higher today as volatility is collapsing. Now all 3 of my entries into XIV are sitting on a profit and any more higher will turn quickly into much higher profits. Because I’m over my normal $20,000 cap, I may end up selling off some shares by close tomorrow if we have another big move higher.

XIV 8-22-17

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 is slowly drifting higher now.

VGK 8-22-17

 

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)

Still moving sideways for the past couple of months now. Keeping it on as a hedge against any big market drops.

JNUG 8-22-17

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) saw a good reversal, but not enough to break the key $11.25 level.

UGAZ 8-22-17

Chart and orders in DGAZ (Inverse Natural Gas) showing it’s small recovery.

DGAZ 8-22-17


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 holding below $14.00 despite today’s small recovery.

UWT 8-22-17

Chart and orders for DWT (Inverse Crude Oil) today’s small move is inconclusive as to weather we will recover from this or not.

DWT 8-22-17

Sell TMF (20+ Year Treasury Bonds) Limit @ $23.50 9.81% or ($1,575 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $19.50 8.88% or ($1,425 Loss)

Still moving higher and is a good hedge if the market drops.

TMF 8-22-17

 

 

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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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