3-23-15 – Trading Strategy

3-23-15 – Trading Strategy

Current Holdings


Real time portfolio updates are now available here

3/19/15 – TMF (20+ Year Treasury Bonds) @ $95.29

 

Today’s Updates


Rally, big drop, Rally. What a crazy week it has been. Large up swings on the Fed day, followed by near 100% corrections the day after, only to set new ground on Friday. This is what volatility is all about and it’s unpredictable.

Market Snapshot 3-20-15

Current Holdings with Open Orders for 3/23/15

 


Sell TMF (20+ Year Treasury Bonds) Limit @ $101.80 (6.88% Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $92.30 (3.1% Loss)

– Managed to get a good fill on Thursday and if this is a new rally, I should be able to ride this to new highs. I’m keeping my limit order at 1.5x the daily ATR of $3.06 to ensure I capture any major spikes in price,

TMF 3-20-15

New Open Orders for 3/23/15


Buy DRN (Real Estate) Limit @ $93.45
Sell DRN (Real Estate) Limit @ $101.60 (8.72% Profit)

DRN is moving exceptionally fast. I made a good amount on it last week and I’m surprised to see it continue to take off. Going to try and hop back in as all the technical indicators are still supporting a bullish position.

DRN 3-20-15

 

Buy JDST (Inverse Junior Gold Miners) Limit @ $10.35
Sell JDST (Inverse Junior Gold Miners) Limit @ $11.45 (10% Profit)

– JNUG (Junior Gold Miners) has not had four up days in the last two years. I’m playing the statistics on this one. I’m going to buy the inverse, JDST at the last close price and try to sell for a quick 10% profit.

JDST 3-20-15

 

3-20-15 – Trading Strategy

Current Holdings


Real time portfolio updates are now available here

3/19/15 – TMF (US 20+ Year Treasury Bonds) @ $101.80

 

Today’s Updates


One day Fed rally?? The Markets aren’t making much sense, the volatility isn’t even predictable. My position in INDL was completely wiped out on today’s open. These are difficult markets to play when you can be up a tremendous amount one day in a global market move and then they globally move down the next day. I won’t be taking any new positions on Friday as it’s wise to wait and see what direction, if any, these markets take.

INDL (India) Stopped out @ $96.64 for a .18% loss

Market Snapshot 3-19-15

Current Holdings with Open Orders for 3/20/15


Sell TMF (20+ Year Treasury Bonds) Limit @ $101.80 (6.88% Profit)
Sell TMF (20+ Year Treasury Bonds) Stop @ $92.30 (3.10% Loss)

TMF 3-19-15

 

New Open Orders for 3/20/15


No new orders for tomorrow. These markets need more direction before it’s worth adding additional positions.

 

 

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