Monthly Archives: September 2017

10-2-17 – Trading Strategy

10-2-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



9/5/17 – 937 UGLD (Gold) @ $12.66 ($11,478 Position Size)
9/13/17 – 83 EDC (Emerging Markets) @ $109.00 ($7,553 Position Size)
9/25/17 – 3000 ERY (Inverse Energy Exploration Companies) @ $11.01 ($33,030 Position Size)
9/20/17 – 70 SOXL (US Semi Conductors) @ $105.50 ($7,385 Position Size)
9/27/17 – 100 XIV (Inverse VIX) @ 95.00 ($9,500 Position Size)
9/27/17 – 833 TMF (20+ Year Treasury Bonds) @ $20.93 ($17,434 Position Size)
9/28/17 – 312 YINN (China) @ $27.80 ($8,673 Position Size)

Positions I’m Opening


Order Cancels Order

Buy 80 LABU (Biotech) Limit @ $80.00 ($6,400 Position Size)
Buy 61 LABU (Biotech) Stop @ $85.65 ($5,224 Position Size)

when filled…

Sell LABU (Biotech) Limit @ $100.00
Sell LABU (Biotech) Stop Limit @ $61.25

 

Order Cancels Order

Buy 300 RUSL (Russia) Limit @ $50.00 ($15,000 Position Size)
Buy 187 RUSL (Russia) Stop @ $53.00 ($9,911 Position Size)

when filled…

Sell RUSL (Russia) Limit @ $58.00
Sell RUSL (Russia) Stop Limit @ $45.00

Positions I’m Closing


Sell UGLD (Gold) Limit @ $13.50 10.20% or ($1,171 Profit)
Sell UGLD (Gold) Stop Limit @ $10.50 or 14.29% or ($1,640 Loss)

Sell EDC (Emerging Markets) Limit @ $133.00 22.02% or ($1,663 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $91.00 16.51% or ($1,247 Loss)

Sell 70 SOXL (US Semi Conductors) Limit @ $126.50 20.38% or ($1,505 Profit)
Sell 70 SOXL (US Semi Conductors) Stop Limit @ $84.00 20.38% or ($1,505 Loss)

Sell ERY (Inverse Energy Exploration Companies) Limit @ $12.00 8.99% or ($2,970 Profit)

Sell TMF (20+ Year Treasury Bonds) Limit @ $24.50 17.06% or ($2,974 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop Limit @ $19.70 or ($1,025 Loss)

Sell XIV (Inverse VIX) Limit @ $100.00 5.26% or ($500 Profit)

Sell YINN (China) Limit @ $33.35 16.81% or ($1,500 Profit)
Sell YINN (China) Stop Limit @ $23.75 16.81% or ($1,500 Loss)  

Today’s Update


market snapshot 9-29-17

 

Markets are making a strong rally opening up more trades. Energy is still relatively flat, but money continues to be put into ERX (Energy Exploration Companies).

 

Performance Update


performance 9-29-17
Gold continues it’s decline heavily and I was filled for a better price in YINN (China) due to the opening gap down on Thursday. I’m looking to add two new positions which will hopefully offset the small draw down. Otherwise today was a nice recovery day and I’m hoping to sell off some other winners soon to offset UGLD (Gold) which continues in it’s decline.

What I’m Watching


UWT (Crude Oil) – Still sits at the $17.00 resistance level. Watching for a break above higher.

UWT 9-29-17

Positions I’m Opening


Order Cancels Order

Buy 80 LABU (Biotech) Limit @ $80.00 ($6,400 Position Size)
Buy 61 LABU (Biotech) Stop @ $85.65 ($5,224 Position Size)

when filled…

Sell LABU (Biotech) Limit @ $100.00
Sell LABU (Biotech) Stop Limit @ $61.25

LABU has broken out of it’s sideways consolidation and remains above all the major moving averages. It closed on a new high today so I’m ready to take this continuation trade for a possible move higher. I have a very wide stop on this because this historically can be a volatile stock. It would take a lot to break the $61.25 level and if this is an early break out move, reaching at $100 price target shouldn’t be an issue.

LABU 9-29-17

Order Cancels Order

Buy 300 RUSL (Russia) Limit @ $50.00 ($15,000 Position Size)
Buy 187 RUSL (Russia) Stop @ $53.00 ($9,911 Position Size)

when filled…

Sell RUSL (Russia) Limit @ $58.00
Sell RUSL (Russia) Stop Limit @ $45.00

RUSL continues higher in it’s existing trend channel. I sold another trade in RUSL recently for a profit and now with the new high I’m ready to trade this again higher. My stop is where the next logical support level will be which would also break the 20-day EMA in purple and fall outside the existing trend channel.

RUSL 9-29-17

Positions I’m Closing

 

Sell UGLD (Gold) Limit @ $13.50 10.20% or ($1,171 Profit)
Sell UGLD (Gold) Stop Limit @ $10.50 or 14.29% or ($1,640 Loss)

Gold continues to head lower, clearly it will make an attempt to test my stop. We’re just below some key historical support levels so we’ll see if any buyers come in late or not.

UGLD 9-29-17

Sell EDC (Emerging Markets) Limit @ $133.00 22.02% or ($1,663 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $91.00 16.51% or ($1,247 Loss)

Finally a recovery after many days in a row heading lower. What I really like is the gap opening higher and higher close. This is a nice sign of a possible recovery. It’s right back in the trend channel as well.

EDC 9-29-17

Sell 70 SOXL (US Semi Conductors) Limit @ $126.50 20.38% or ($1,505 Profit)
Sell 70 SOXL (US Semi Conductors) Stop Limit @ $84.00 20.38% or ($1,505 Loss)

SOXL closed on a new high. If there is a bullish move on Monday I will push up my stop to $107 to ensure some kind of profit on the trade.

SOXL 9-29-17

Sell ERY (Inverse Energy Exploration Companies) Limit @ $13.00 10.26% or ($1,815 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $11.00 6.70% or ($1,185 Loss)

ERX still continues on it’s mysterious run higher. It’s not longer breaking the Keltner Channel top, only because in this case it’s a 7-day moving average and it’s no longer accelerating at it’s previous pace. This is an obvious sign of a slow down, now to see if the sellers will come in and take some profits driving the price down.

ERX 9-29-17

Chart and orders for ERY (Inverse Energy Exploration Companies) 

Still waiting for the reversal.

ERY 9-29-17

Sell TMF (20+ Year Treasury Bonds) Limit @ $24.50 17.06% or ($2,974 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop Limit @ $19.70 or ($1,025 Loss)

Sitting near a break even.

TMF 9-29-17


Sell XIV (Inverse VIX) Limit @ $100.00 5.26% or ($500 Profit)

XIV in a very positive move higher. I could see a quick fill for profit as early as next week at this rate.

XIV 9-29-17

Sell YINN (China) Limit @ $33.35 16.81% or ($1,500 Profit)
Sell YINN (China) Stop Limit @ $23.75 16.81% or ($1,500 Loss)  

Filled yesterday on the nice gap lower only to be traded to a nice 3.34% move higher today! So far so good!

YINN 9-29-17

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9-28-17 – Trading Strategy

9-28-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



9/5/17 – 937 UGLD (Gold) @ $12.66 ($11,478 Position Size)
9/13/17 – 83 EDC (Emerging Markets) @ $109.00 ($7,553 Position Size)
9/25/17 – 3000 ERY (Inverse Energy Exploration Companies) @ $11.01 ($33,030 Position Size)
9/20/17 – 70 SOXL (US Semi Conductors) @ $105.50 ($7,385 Position Size)
9/27/17 – 100 XIV (Inverse VIX) @ 95.00 ($9,500 Position Size)
9/27/17 – 833 TMF (20+ Year Treasury Bonds) @ $20.93 ($17,434 Position Size)

Positions I’m Opening


 

Buy 312 YINN (China) Limit @ $28.55 ($8,907 Position Size)
Sell 312 YINN (China) Limit @ $33.35 16.81% or ($1,500 Profit)
Sell 312 YINN (China) Stop Limit @ $23.75 16.81% or ($1,500 Loss)

Positions I’m Closing


Sell UGLD (Gold) Limit @ $13.50 10.20% or ($1,171 Profit)
Sell UGLD (Gold) Stop Limit @ $10.50 or 14.29% or ($1,640 Loss)

Sell EDC (Emerging Markets) Limit @ $133.00 22.02% or ($1,663 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $91.00 16.51% or ($1,247 Loss)

Sell 70 SOXL (US Semi Conductors) Limit @ $126.50 20.38% or ($1,505 Profit)
Sell 70 SOXL (US Semi Conductors) Stop Limit @ $84.00 20.38% or ($1,505 Loss)

Sell ERY (Inverse Energy Exploration Companies) Limit @ $12.00 8.99% or ($2,970 Profit)

Sell TMF (20+ Year Treasury Bonds) Limit @ $24.50 17.06% or ($2,974 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop Limit @ $19.70 or ($1,025 Loss)

Sell XIV (Inverse VIX) Limit @ $100.00 5.26% or ($500 Profit)

  

Today’s Update


Market Snapshot 9-27-17

Sold VGK (Europe) Stop Limit @ $57.40 .70% or ($140 Profit)

VGK was stopped out at my new limit order off $57.40 for a small profit. I’ll wait to see if there is a move higher before re-entering.

vgk 9-27-17

 

 

Performance Update


current positions 9-27-17
Gold continues it’s decline heavily and I was filled today in TMF (20+ Year Treasury Bonds) after a large gap lower. I’m looking to add YINN (China) to my portfolio as it’s pulled back enough in it’s upper trend channel. ERY (Inverse Energy Exploration Companies) is still refusing to turn over, but it’s only a matter of time.

What I’m Watching


UWT (Crude Oil) – Still sits at the $17.00 resistance level. Watching for a break above higher.

UWT 9-27-17

Positions I’m Opening


 

Buy 312 YINN (China) Limit @ $28.55 ($8,907 Position Size)
Sell 312 YINN (China) Limit @ $33.35 16.81% or ($1,500 Profit)
Sell 312 YINN (China) Stop Limit @ $23.75 16.81% or ($1,500 Loss)
Positions I’m Closing

 

 

Sell UGLD (Gold) Limit @ $13.50 10.20% or ($1,171 Profit)
Sell UGLD (Gold) Stop Limit @ $10.50 or 14.29% or ($1,640 Loss)

Gold continues to head lower, clearly it will make an attempt to test my stop. We’re just below some key historical support levels so we’ll see if any buyers come in late or not.

ugld 9-27-17

Sell EDC (Emerging Markets) Limit @ $133.00 22.02% or ($1,663 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $91.00 16.51% or ($1,247 Loss)

Not looking good with these multiple down days in a row. We’re now testing the lower trend channel. I may well pull out early if this breaks out of the channel since there is a larger move across most equities going on. Going to watch closely this week.

EDC 9-27-17

Sell 70 SOXL (US Semi Conductors) Limit @ $126.50 20.38% or ($1,505 Profit)
Sell 70 SOXL (US Semi Conductors) Stop Limit @ $84.00 20.38% or ($1,505 Loss)

Nice reversal bringing this trade back into profitability. If it breaks a new high I will push up my stop to lock in guaranteed profits.

soxl 9-27-17

Sell ERY (Inverse Energy Exploration Companies) Limit @ $13.00 10.26% or ($1,815 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $11.00 6.70% or ($1,185 Loss)

ERX has been up 18 out of 20 trading days. Keltner Tops almost always reverse, this one is certainly taking longer than usual, but I will continue to hold.

erx 9-27-17

Chart and orders for ERY (Inverse Energy Exploration Companies) 

Still waiting for the reversal.

ERY 9-27-17

Sell TMF (20+ Year Treasury Bonds) Limit @ $24.50 17.06% or ($2,974 Profit)
Sell TMF (20+ Year Treasury Bonds) Stop Limit @ $19.70 or ($1,025 Loss)

Big gap lower today caused my limit order to fill at $20.93 on the open. Lots of room to run if this turns around.

tmf 9-27-17


Sell XIV (Inverse VIX) Limit @ $100.00 5.26% or ($500 Profit)

My higher stop order filled today getting me into XIV @ $95.00. Not sure how long we will see a string of low volatility so I’m keeping my profit target small. I have to offset some of the draw down my existing positions are going through.

XIV 9-27-17

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9-26-17 – Trading Strategy

9-26-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



8/8/17 – 350 VGK (Europe) @ ($19,950 Position Size)
9/5/17 – 937 UGLD (Gold) @ $12.66 ($11,478 Position Size)
9/13/17 – 83 EDC (Emerging Markets) @ $109.00 ($7,553 Position Size)
9/25/17 – 3000 ERY (Inverse Energy Exploration Companies) @ $11.01 ($33,030 Position Size)
9/20/17 – 70 SOXL (US Semi Conductors) @ $105.50 ($7,385 Position Size)

Positions I’m Opening


 

Order Cancels Order

Buy 100 XIV (Inverse VIX) Limit @ $90.00 ($9,000 Position Size)
Buy 100 XIV (Inverse VIX) Stop @ $95.00 ($9,500 Position Size)

Order Cancels Order

Buy 833 TMF (20+ Year Treasury Bonds) Limit @ $19.50 (17,095 Position Size)
Buy 612 TMF (20+ Year Treasury Bonds) Stop @ $22.15 (13,555 Position Size)

Positions I’m Closing



Sell VGK (Europe) Limit @ $60.00 5.26% or ($1,050 Profit)
Sell VGK (Europe) Stop Limit @ $57.40 .70% or ($140 Profit)

Sell UGLD (Gold) Limit @ $13.50 10.20% or ($1,171 Profit)
Sell UGLD (Gold) Stop Limit @ $10.50 or 14.29% or ($1,640 Loss)

Sell EDC (Emerging Markets) Limit @ $133.00 22.02% or ($1,663 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $91.00 16.51% or ($1,247 Loss)

Sell 70 SOXL (US Semi Conductors) Limit @ $126.50 20.38% or ($1,505 Profit)
Sell 70 SOXL (US Semi Conductors) Stop Limit @ $84.00 20.38% or ($1,505 Loss)

Sell ERY (Inverse Energy Exploration Companies) Limit @ $12.00 8.99% or ($2,970 Profit)

  

Today’s Update


market snapshot 9-25-17

 

Sold RUSL (Russia) Limit @ $51.00 10.99% or ($893 Profit)

RUSL 9-25-17

Sold ERY (Inverse Energy Exploration Companies) Stop Limit @ $11.00 6.70% or ($1,185 Loss)

ERY dropped near the end of trading to my limit order and closed out. However I noticed this and decided to buy in again at 3,000 shares. This is a level of extreme I haven’t seen before and I should be able to recover most or all of this on the next pullback.

ERY 9-25-17

Performance Update


performance 9-25-17
RUSL (Russia) moved higher today and closed for a profit thus offsetting most of the loss I closed in ERY (Inverse Energy Exploration Companies). I believe my second trade in ERY should work out as I’m not putting a stop limit and I can hold out on any stock that’s been up in a Keltner Top for 11 days in a row. UGLD (Gold) made a nice recovery while EDC, VGK, and SOXL all declined today. Looking to add in TMF (20+ Year Treasury Bonds) which should balance the portfolio a bit in case further bearish moves continue.

What I’m Watching


UWT (Crude Oil) – Broke it’s key resistance level today. Now that I’m out of RUSL (Russia) I will see how this performs tomorrow and take a possible trade.

UWT 9-25-17

Positions I’m Opening


 

Order Cancels Order

Buy 100 XIV (Inverse VIX) Limit @ $90.00 ($9,000 Position Size)
Buy 100 XIV (Inverse VIX) Stop @ $95.00 ($9,500 Position Size)

Leaving this open as it still hasn’t filled. XIV came within 4 cents of filling today. I’ve put in an OCO (Order Cancels Order) to either fill at $90 or $95 which would be a new high.

XIV 9-25-17

Order Cancels Order

Buy 833 TMF (20+ Year Treasury Bonds) Limit @ $19.50 (17,095 Position Size)
Buy 612 TMF (20+ Year Treasury Bonds) Stop @ $22.15 (13,555 Position Size)

I’ve adjusted the trend channels to accommodate what appears to be an accurate correction. We have a clear bounce off the 100-day EMA in Orange and price is now back above all the major moving averages. With the strong declines from last week and today in the equities market, this is a natural safe haven for those that are fearing equities. I am putting in an OCO (Order Cancel Order) to ensure some kind of fill and to balance my portfolio out with potential bearish trades that will benefit if equities decline.TMF 9-25-17
Positions I’m Closing

 

Sell VGK (Europe) Limit @ $60.00 5.26% or ($1,050 Profit)
Sell VGK (Europe) Stop Limit @ $57.40 .70% or ($140 Profit)

VGK continues to trend higher. It hasn’t hit $58.50 yet, but due to the recent drop in Gold, I’m locking in a stop for a profit to ensure I can offset my Gold position somewhat if I get stopped out.

VGK 9-25-17

 

Sell UGLD (Gold) Limit @ $13.50 10.20% or ($1,171 Profit)
Sell UGLD (Gold) Stop Limit @ $10.50 or 14.29% or ($1,640 Loss)

Gold had a big push today and could easily continue higher if equities continue to fall. If we see a follow through day tomorrow I will push up my stop to lock in a smaller loss so I don’t have to offset a potential loss in this trade with as much.

UGLD 9-25-17

Sell EDC (Emerging Markets) Limit @ $133.00 22.02% or ($1,663 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $91.00 16.51% or ($1,247 Loss)

Not looking good with these multiple down days in a row. We’re now testing the lower trend channel. I may well pull out early if this breaks out of the channel since there is a larger move across most equities going on. Going to watch closely this week.

EDC 9-25-17

Sell 70 SOXL (US Semi Conductors) Limit @ $126.50 20.38% or ($1,505 Profit)
Sell 70 SOXL (US Semi Conductors) Stop Limit @ $84.00 20.38% or ($1,505 Loss)

Big move lower today below my original entry. Wide stop and profit targets and I have a feeling this one may go on.

SOXL 9-25-17

Sell ERY (Inverse Energy Exploration Companies) Limit @ $13.00 10.26% or ($1,815 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $11.00 6.70% or ($1,185 Loss)

ERX is now up 11 days in a row and is still testing a Keltner Top. This is ripe for a sharp reversal.

I haven’t seen moves like this in a long time, so I’m confident I’ll eventually close this out profitable despite today’s stop. I re-entered and bought 3,000 shares of ERY at $11.01 as a result. This should correct sharply.

 

ERX 9-25-17

Chart and orders for ERY (Inverse Energy Exploration Companies) 

I’ve put in a $12.00 order, I thought about leaving it to $13, but if it goes to $12 tomorrow I’ll make money despite today’s losing trade. I may also trail a stop if we get a big move as this could easily be a multi-day correction in this unique scenario.

ERY 9-25-17-2

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