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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9-25-17 – Trading Strategy

9-25-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



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)
9/19/17 – 1500 ERY (Inverse Energy Exploration Companies) @ $11.79 ($17,685 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)

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 RUSL (Russia) Limit @ $51.00 10.99% or ($893 Profit)
Sell RUSL (Russia) Stop Limit @ $48.00 4.46% or ($363 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 @ $13.00 10.26% or ($1,815 Profit)
Sell ERY (Inverse Energy Exploration Companies) Stop Limit @ $11.00 6.70% or ($1,185 Loss)
  

Today’s Update


market snapshot 9-22-17

 

Markets gave up some gains to close out the week. Some investment went into Gold, Energy Exploration Companies is still pushing the limit, but if this bearishness continues on Monday, I’d expect further sell-offs and the bullish run in ERX (Energy Exploration Companies) to come to a stop.

Next week will be one to watch with the rhetoric with North Korea only escalating. Volatility rose slightly and if it continues, then that means the news is actual news to the markets. So keep a close eye on volatility.

As a result of the continued move higher in ERX I added another 500 shares around 3:30 EST into ERY. These kinds of moves higher with Natural Gas and Crude oil stalling won’t be sustainable for much longer.

Performance Update


performance 9-22-17
I’ve taken off my closed positions to get a better portfolio view. From the looks, I’m rather flat. I’m negative in Gold and energy exploration companies. I’m pushing up some stops on RUSL (Russia) and VGK (Europe) to lock in some potential gains in case I get bit in Gold and ERY. I’m confident in ERY‘s move higher as energy should reverse next week. These are historically “too far, too fast” kinds of moves and the underlying commodities (natural gas and oil) aren’t justifying the drive up in prices.

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 continues to climb as volatility stays low, but it never hurts to get a better price if we get more fluctuations like we saw today. As a result, I’m putting in an OCO (Order Cancels Order) to either fill at $90 or $95 which would be a new high.

XIV 9-22-17

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 9-22-17

Sell RUSL (Russia) Limit @ $51.00 10.99% or ($893 Profit)
Sell RUSL (Russia) Stop Limit @ $48.00 4.46% or ($363 Profit)

Pushing up my stop limit order from $47 to $48 to lock in a higher profit. This as well is to hedge against any further drop in my UGLD (Gold) position.

RUSL 9-22-17

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)

Slight up-tick today, but nothing significant. Hopefully my stop is low enough to accommodate this recent drop and potential recovery. If volatility spikes, and Gold rises, I may add to this position. It’s the major bearish hedge in my portfolio.

UGLD 9-22-17

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)

Price has dropped to near where I entered.

EDC 9-22-17

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 moves lower the past couple of days. I have a wide stop to allow this to get volatile, but I’d like to see it make a new high then I will push up my stop to ensure some kind of profit.

SOXL 9-22-17

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 TEN days in a row and is still testing a Keltner Top. This is ripe for a sharp reversal. The commodity prices that these companies track, Natural Gas and Crude Oil, are not moving like this, so this should be stalling soon.

I added another 500 shares today because I feel very strongly now about the upcoming reversal and this respecting the Keltner Top. Besides, how many more people want to jump into an ETF that is up 10 days in a row? Profit taking on Monday is my guess.

I will be actively managing this trade looking for any profitable opportunity to exit if it reverses, but doesn’t hit my $13.00 sell target.

ERX 9-22-17

Chart and orders for ERY (Inverse Energy Exploration Companies) I have a sell order in just in case it hits a profit target intraday since I can’t watch my positions all day long. However, if I come even close to that profit level Monday I will sell it intraday. Keltner Reversals are quick plays not to be held on for longer than 1-2 trading days. I’ll take whatever profits I can get if they come.

ERY 9-22-17

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