Monthly Archives: September 2017

9-19-17 – Trading Strategy

9-19-17 – Trading Strategy

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Current Positions



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 – 350 VGK (Europe) @ ($19,950 Position Size)
8/31/17 – 177 RUSL (Russia) @ $45.95 ($8,133 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)

Positions I’m Opening


Buy 70 SOXL (US Semi Conductors) Limit @ $105.50 ($7,385 Position Size)
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)

Buy 1000 ERY (Inverse Energy Exploration Companies) Limit @ $12.00 ($12,000 Position Size)
Sell 1000 ERY (Inverse Energy Exploration Companies) Limit @ $13.00 8.33% or ($1,000 Profit)
Sell 1000 ERY (Inverse Energy Exploration Companies) Stop Limit @ $11.00 8.33% or ($1,000 Loss)

 

Positions I’m Closing


Sell XIV (Inverse VIX) Limit @ $100.00 24.47% or ($7,687 Profit)
Sell XIV (Inverse VIX) Stop @ $90.00 12.02% or ($3,777 Profit)

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 RUSL (Russia) Limit @ $51.00 10.99% or ($893 Profit)
Sell RUSL (Russia) Stop Limit @ $37.00 2.29% or ($186 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)
  

Today’s Update


market snapshot 9-18-17 

Markets continue their bullish run with Natural Gas really making some big moves and Gold taking the hit on the chin as bullishness continues. Volatility dropped causing my position in XIV (Inverse VIX) to dramatically go higher. As a result I’m pushing up my stop order for this to lock in profits.

DGAZ (Inverse Natural Gas) stopped out at @ $21.00 for a 23.65% or $1,501 Loss

After holding out for months I never saw the push higher in DGAZ and was stopped out today for my maximum allowed loss in any position of $1,500. I’ve hedged against this by selling other winners and my profits continue to grow despite closing this one out today.

DGAZ 9-18-17

Performance Update


performance 9-18-17
Even though I was stopped out in DGAZ (Inverse Natural Gas) I had already hedged against it with other profitable trades having sold off. I am up another $1,000 so far with the bigger move in XIV (Inverse VIX) and the other active positions also doing well.

Positions I’m Opening


Buy 70 SOXL (US Semi Conductors) Limit @ $105.50 ($7,385 Position Size)
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 has broken a short term high and is about to reenter it’s longer term upward trend channel. It’s been up 6 days in a row, so I’m waiting for a pull back to get in. It’s now over extended and I would expect a pull back shortly.

SOXL 9-18-17

Buy 1000 ERY (Inverse Energy Exploration Companies) Limit @ $12.00 ($12,000 Position Size)
Sell 1000 ERY (Inverse Energy Exploration Companies) Limit @ $13.00 8.33% or ($1,000 Profit)
Sell 1000 ERY (Inverse Energy Exploration Companies) Stop Limit @ $11.00 8.33% or ($1,000 Loss)

ERX (Energy Exploration Companies) is up 6 days in a row and it testing a Keltner Top. It’s $1.00 away from a previous resistance level so I am putting in an order to go bearish once it tests this limit. I will have a resistance level, a Keltner Top, and 7 up days in a row potentially signalling a short term reversal for a quick trade.

I will only be filled on ERY (Inverse Energy Exploration Companies) if ERX goes up even further tomorrow.

ERX 9-18-17

Chart and orders for ERY (Inverse Energy Exploration Companies). Making this a 50/50 risk/reward with the chances that I’ll be right about the reversal being my edge in this trade.

ERY 9-18-17
Positions I’m Closing

Sell XIV (Inverse VIX) Limit @ $100.00 24.47% or ($7,687 Profit)
Sell XIV (Inverse VIX) Stop @ $90.00 12.02% or ($3,777 Profit)

XIV continues higher and I’ve pushed up my stop to $90.00. ** Note ** I’ve also changed my order type from a stop limit to a stop order. This means if at any time the price falls below $90, then a market order will be triggered. With the uncertainty in Korea, we could wake up to a big spike in volatility which could take this below my sell order.

Since I have such good profits, I don’t want a limit order to go unfilled if this drops against me and I lose even more profits, so I’m putting in a stop to ensure I get something in case this goes bad. Otherwise I will keep pushing up my stop if this trend continues.

XIV 9-18-17

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 continues to trend higher. Once it crosses $58.50 I’ll most likely move up my stop. It’s a non leveraged ETF so I don’t want to wait for any corrections once I get to a decent profit level.

VGK 9-18-17

 

 

 

Sell RUSL (Russia) Limit @ $51.00 10.99% or ($893 Profit)
Sell RUSL (Russia) Stop Limit @ $37.00 2.29% or ($186 Profit)

Russia turned down sharply today, but it’s not a trend yet. My stop is in place to ensure some profits, hopefully we’ll see a turn around. Crude Oil isn’t taking a big hit so I don’t suspect this will last long.

RUSL 9-18-17

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 has signaled two major warning signs that it’s upward trend are over. It’s fallen outside of the trend channel and below the 20-day EMA in purple. There is a support level at around $11.50 so we’ll have to see how this week pans out.

UGLD 9-18-17

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)

So far so good. The moves aren’t high enough yet to put in a stop to lock in profits, so I’m leaving my orders as-is for now.

EDC 9-18-17

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