2-27-17 – Trading Strategy

2-27-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



1/23/17 – TMV (Inverse 20+ Year Treasury Bonds) @ $23.00 ($17,250 Position Size)
2/10/17 – JNUG (Junior Gold Miners) @ $11.85 ($7,700 Position Size)
2/22/17 – EDC (Emerging Markets) @ $71.50 ($19,500 Position Size)
2/22/17 – DGAZ (Inverse Natural Gas) @ $6.50 ($6,500 Position Size)

Positions I’m opening


Buy LABU (Biotech) Limit @ $43.50 ($6,868 Position Size)
Sell LABU (Biotech) Limit @ $55.00 26.44% or ($2,262 Profit)
Sell LABU (Biotech) Stop Limit @ $34.00 21.84% or ($1,500 Loss)

Buy RUSS (Inverse Russia) Limit @ $6.48 ($11,045 Position Size)
Sell RUSS (Inverse Russia) Limit @ $7.00 8.02% or ($686 Profit)
Sell RUSS (Inverse Russia) Stop Limit @ $5.60 13.58% or ($1,500 Loss)

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

Sell JNUG (Junior Gold Miners) Limit @ $14.50 or 22.36% or ($1,721 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $9.50 or 19.83% or ($1,527 Loss)

Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

Sell DGAZ (Inverse Natural Gas) Limit @ $8.00 23.08% or ($1,500 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $5.00 or 23.08% or ($1,500 Loss)

Today’s Update


Market Snapshot 2-24-17

Market bulls are running out of steam. The percentage drops on Friday were more than normal corrections. The 9.29% drop in BRZU (Brazil) just after I sold it is making me through up the caution signals again and stop to look if our trends will continue.

BRZU (Brazil) sold @ $55.00 for a 13.40% or ($1,146 Profit) (Thursday Update)

BRZU sold on Thursday on the open at my original profit target of $55. The major drop in the last two days is close to bringing it back to it’s $45 resistance level. We’ll have to watch this one closely to see if it recovers or if it’s time to play BZQ.

BRZU 2-24-17

Bought to Cover TSLA (Tesla) $245/$220 March 3 Vertical Put Spread @ $1.17 for a $60 Loss (Thursday Update)

After seeing the large drop after earnings, I pulled out of the trade quickly as the trend channel that was holding it up for the past couple of months had closed. I couldn’t rely on the move on Friday to be a determination that the trend would continue so I still feel a small loss was the right move for the trade.

TSLA 2-24-17

Positions I’m opening


Buy LABU (Biotech) Limit @ $43.50 ($6,868 Position Size)
Sell LABU (Biotech) Limit @ $55.00 26.44% or ($2,262 Profit)
Sell LABU (Biotech) Stop Limit @ $34.00 21.84% or ($1,500 Loss)

LABU has corrected from it’s Keltner top and put in a higher low with the move up vs the rest of the markets which were lower. With prices still above all 3 major moving averages and the trend still going up, I’m going to make an attempt to get in on Monday @ $43.50 and ride this existing trend.

LABU 2-24-17

Buy RUSS (Inverse Russia) Limit @ $6.48 ($11,045 Position Size)
Sell RUSS (Inverse Russia) Limit @ $7.00 8.02% or ($686 Profit)
Sell RUSS (Inverse Russia) Stop Limit @ $5.60 13.58% or ($1,500 Loss)

RUSL (Russia) gapped down on Friday with a clear breakout to the downside out of it’s triangle consolidation. This is a good signal that the optimism that drove this higher has now been exhausted.

RUSL 2-24-17

Chart and orders for Monday in RUSS (Inverse Russia)

Putting in a buy order at near what it closed on Friday and my stop order will be hit only if RUSL (Russia) hits a new high.

RUSS 2-24-17

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

TMF (20+ Year Treasury Bonds) has been going higher for the last 3 days which is a concern for my position in TMV (Inverse 20+ Year Treasury Bonds). The resistance for TMF is at $20.00 so let’s see if it holds. Regardless, the pattern is still in it’s triangle consolidation, so my position still has a chance to be profitable.

TMF 2-24-17

Chart and order for TMV (Inverse 20+ Year Treasury Bonds) for Monday

TMV 2-24-17

Sell JNUG (Junior Gold Miners) Limit @ $14.50 or 22.36% or ($1,721 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $9.50 or 19.83% or ($1,527 Loss)

JNUG has been staying below my entry for the past four days now. It’s still within it’s existing uptrend so I’m not too worried yet. Gold also hit a new short term high which leaves me optimistic.

JNUG 2-24-17

Chart of UGLD (Gold) showing a new short term high which is good for JNUG eventually

JNUG 2-24-17

Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

The gap down outside the existing trend channel on Friday is not promising. I’ve set a rather wide stop to allow for possible volatility, so I’m going to wait since one day doesn’t necessarily mean I should get out. The early warning signs are there since many markets fell on Friday.

EDC 2-24-17

Sell DGAZ (Inverse Natural Gas) Limit @ $8.00 23.08% or ($1,500 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $5.00 or 23.08% or ($1,500 Loss)

DGAZ is still hanging around my entry, but I still think the large gap above all the major moving averages is the signal for higher highs. Now to wait this out.

DGAZ 2-24-17

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2-23-17 – Intraday Update

2-23-17 – Intraday Update

BRZU (Brazil) sold @ $55.00 for a 13.40% or ($1,146 Profit)

Brazil OPENED right at my sell order and filled just before the intraday drop.

BRZU 2-23-17

Bought to Cover TSLA (Tesla) $245/$220 March 3 Vertical Put Spread @ $1.17 for a $60 Loss

The news looked good yesterday with the after hours spike, but today Tesla fell outside of it’s existing upward trend channel so I exited the trade for a small loss.

TSLA 2-23-17

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2-23-17 – Trading Strategy

2-23-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



1/23/17 – TMV (Inverse 20+ Year Treasury Bonds) @ $23.00 ($17,250 Position Size)
2/10/17 – JNUG (Junior Gold Miners) @ $11.85 ($7,700 Position Size)
2/17/17 – BRZU (Brazil) @ $48.50 ($8,536 Position Size)
2/21/17 – TSLA (Tesla) $245/$220 March 3 Vertical Put Spread @ $1.11 ($1,110 Credit)
2/22/17 – EDC (Emerging Markets) @ $71.50 ($19,500 Position Size)
2/22/17 – DGAZ (Inverse Natural Gas) @ $6.50 ($6,500 Position Size)

Positions I’m opening


  • No new orders for tomorrow

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

Sell JNUG (Junior Gold Miners) Limit @ $14.50 or 22.36% or ($1,721 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $9.50 or 19.83% or ($1,527 Loss)

Sell BRZU (Brazil) Limit @ $55.00 13.40% or ($1,146 Profit)
Sell BRZU (Brazil) Stop Limit @ $40.00 17.53% or ($1,500 Loss)

Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

Buy to Cover TSLA (Tesla) $245/$220 March 3 Vertical Put Spread @ $.50 ($610 Profit Waiting to see how it responds to the earnings announcement

Today’s Update


Market Snapshot 2-22-17

Markets are showing signs of splintering and aren’t sticking to the strong correlation we’ve seen from last week. However, all of my positions are doing well except JNUG (Junior Gold Miners), but more winners than losers is a profitable trading strategy.

Both orders from last night in EDC (Emerging Markets) and DGAZ (Inverse Natural Gas) filled today.

What I’m Watching


RUSL (Russia) has broken out of it’s triangle consolidation and below it’s 50-day EMA in yellow. The previous low is about $90.00 and since that would be a move against the larger trend which has been higher, I’ll be watching to make a move if it falls below $90 and comes close to testing the 100-day EMA in Orange.

RUSL 2-22-17

Positions I’m selling


Sell TMV (Inverse 20+ Year Treasury Bonds) Limit @ $24.35 18.26% or ($1,013 Profit)

Sell TMV (Inverse 20+ Year Treasury Bonds) Stop Limit @ $21.75 8.70% or ($935 Loss)

TMV remained rather flat today. Same orders going into tomorrow.

TMV 2-22-17

Sell JNUG (Junior Gold Miners) Limit @ $14.50 or 22.36% or ($1,721 Profit)
Sell JNUG (Junior Gold Miners) Stop Limit @ $9.50 or 19.83% or ($1,527 Loss)

It appears the downward momentum may be slowing down. This is why I put my stop order at $9.50, a bit further out of reach to allow for this kind of volatility in it’s existing uptrend. Keeping the same orders going into tomorrow as the trend hasn’t been broken yet.

JNUG 2-22-17

Sell BRZU (Brazil) Limit @ $55.00 13.40% or ($1,146 Profit)
Sell BRZU (Brazil) Stop Limit @ $40.00 17.53% or ($1,500 Loss)

Brazil crept higher today, but because the markets aren’t showing such strong correlation, I’m waiting to see if my original profit target is hit. Same orders for tomorrow.

BRZU 2-22-17


Sell EDC (Emerging Markets) Limit @ $75.00 4.90% or ($955 Profit)
Sell EDC (Emerging Markets) Stop Limit @ $66.00 7.69% or ($1,500 Loss)

EDC filled today at my higher price of $71.50 but closed slightly higher. Now to wait and see  if the trend continues.

EDC 2-22-17

Buy to Cover TSLA (Tesla) $245/$220 March 3 Vertical Put Spread @ $.50 ($610 Profit Waiting to see how it responds to the earnings announcement

Reading up on the after hours earnings announcement of Tesla showed revenue was higher than expected, but earnings per share was lower. Wall Street usually cares most about revenue, and since most of Tesla’s price is based on future speculation, I’m expecting a good pop higher in price.

If that is the case, the likelihood it will drop below $245 by March 3rd becomes even more unlikely. If we see a big or decent move higher tomorrow, then I’ll most likely let this spread go until expiration and collect the full $1,100 credit I took in.

TSLA 2-22-17

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