9-21-17 – Trading Strategy

9-21-17 – 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 – 1000 ERY (Inverse Energy Exploration Companies) @ $12.00 ($12,000 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 @ $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)

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 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)
  

Today’s Update


market snapshot 9-20-17

Market volatility swung wildly intraday as a result of the FOMC announcement. As a result, XIV (Inverse VIX) also whipsawed intraday and dipped to an intraday low of $89.98 which stopped me out at my lower level before recovering intraday. UGLD (Gold) took a big hit today with the announcement interest rates would start to be increased soon as well.

Sold XIV (Inverse VIX) Stop @ $90.00 12.02% or ($3,777 Profit)

A good profitable trade to take money off the table. Unfortunate it recovered immediately so I gave up a good chunk of potential profits. However I’m putting in another order to get in this week.

xiv 9-20-17

 

Performance Update


performance 9-20-17
Getting stopped out early in XIV (Inverse VIX) hurt the profits from earlier in the week, however it’s a profitable trade that’s adding to the overall return for the year which is fine by me. I was filled in two new orders, ERY (Inverse Energy Exploration Companies) which I’m going for a quick scalp profit as a result of a Kelnter Top and SOXL (US Semi Conductors) which was also filled today during the market volatility, thus kicking off a decent profit to start!

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)

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. I’m putting in the same quantity for each just for simplicity. This isn’t like a stock in which I’ll have a specified stop price. I will add more to this position if there is a big drop to buy this cheaper.

Positions I’m Closing

 

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 9-20-17

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

Russia experienced large intraday volatility and still teases my limit order.

RUSL 9-20-17

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)

The interest rate hike announcement spooked the gold bugs and gold was punished. This is still a good hedge against any equity turn down and it’s also why I have such a large stop to give this some room to move.

UGLD 9-20-17

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 9-20-17

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)

Beautiful drip today to fill my order at $105.50 with a recovery up to $109.08. Now to see if we will trend higher now that we’ve passed the FOMC announcement.

SOXL 9-20-17

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 has hit it’s resistance level of $28.00 today, is now up EIGHT days in a row and hit a Keltner Top. This is a perfect storm for a near term reversal.

ERX 9-20-17

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 tomorrow 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 9-20-17

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9-19-17 – Trading Strategy

9-19-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

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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9-18-17 – Trading Strategy

9-18-17 – Trading Strategy

Daily Premium Update – Quick Video Tutorial

Current Positions



6/21/17 – 231 DGAZ (Inverse Natural Gas) @ $27.50 ($6,352 Position Size)
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)

 

Positions I’m Closing


Sell XIV (Inverse VIX) Limit @ $100.00 17.74% or ($7,687 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $85.00 17.74% or ($1,822 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 DGAZ (Inverse Natural Gas) Limit @ $35.00 27.27% or ($1,732 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $21.00 23.64% or ($1,501 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 9-15-17 

Performance Update


performance 9-15-17
XIV (Inverse VIX) is leading higher and my other positions are offsetting a possible stop in DGAZ (Inverse Natural Gas). Hoping to take off RUSL (Russia) off the table next week and get filled in my new order in SOXL (US Semi Conductors). I’ve removed my order for YINN (China) in hopes I’ll fill in SOXL on a pull back.

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 only entering on a pullback and I’ve put in my order for $105.50 as my target. As before, my stop is below the major corrective move and my target will be an equal distance away to start.

SOXL 9-15-17

Positions I’m Closing

Sell XIV (Inverse VIX) Limit @ $100.00 17.74% or ($7,687 Profit)
Sell XIV (Inverse VIX) Stop Limit @ $85.00 17.74% or ($1,822 Profit)

Continues higher to close out the week.

XIV 9-15-17

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 9-15-17

 

Sell DGAZ (Inverse Natural Gas) Limit @ $35.00 27.27% or ($1,732 Profit)
Sell DGAZ (Inverse Natural Gas) Stop Limit @ $21.00 23.64% or ($1,501 Loss)

UGAZ (Natural Gas) still continues in it’s sideways movement, but hasn’t stopped out my position yet.

UGAZ 9-15-17

Chart and orders in DGAZ (Inverse Natural Gas) with a positive move today.

DGAZ 9-15-17

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

Still getting closer to my sell point.

RUSL 9-15-17

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)

Still holding within the trend and a hedge against equities dropping.

UGLD 9-15-17

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)

Back into the profit zone. Now to let the trend resume.

EDC 9-15-17

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