Covering 3/4 of my short as my target was hit with a full
retracement to previous low ... keeping the rest with a
trailing stop in case it does fall apart even more !!!
And trading Commodity ETF aren't ideal either if you don't
have a very good grip and precision on entries, exit AND STOPS !!!!
those buggers do gap a lot !!!! ... needless to say a 3x
leveraged ETN ain't for everyone !!! I don't know your background,
but if you really want to trade Oil, I suggest USO first ... will
be easier to do some damage control if you get it wrong!
Was in the trade setup as long a few days ago, but I should have
kept an eye on it for a short too... was kinda bear flagish
looking! Without even realizing it, I had a long bias on it, so I
didn't acted on it when it broke down ... this was a textbook
B/D in a continuation of the prevalent trend from that bear flag
...
Edit: I had a long trigger alarm setup, but not one for a short
on the lower end of that range, which I should have had!
Did a quick screen of the $SPTEN for some O&G Stocks on the
TSX ... 3 caught my eyes for a possible counter trend play ...
CNQ.to (CNQ) , CVE.to (CVE) and VET.to (VET) ...
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MON - Short Update
MON - Short
Posted by mla127 on 24th of Jul 2015 at 02:38 pm
Covering 3/4 of my short as my target was hit with a full retracement to previous low ... keeping the rest with a trailing stop in case it does fall apart even more !!!
And trading Commodity ETF aren't
New Member on trila here wondering about UWTI
Posted by mla127 on 24th of Jul 2015 at 01:46 pm
And trading Commodity ETF aren't ideal either if you don't have a very good grip and precision on entries, exit AND STOPS !!!! those buggers do gap a lot !!!! ... needless to say a 3x leveraged ETN ain't for everyone !!! I don't know your background, but if you really want to trade Oil, I suggest USO first ... will be easier to do some damage control if you get it wrong!
RPD
Posted by mla127 on 24th of Jul 2015 at 01:06 pm
Recent IPO ... Cyber-Security ...
JO
Posted by mla127 on 24th of Jul 2015 at 10:30 am
FCG
Posted by mla127 on 24th of Jul 2015 at 10:11 am
Was in the trade setup as long a few days ago, but I should have kept an eye on it for a short too... was kinda bear flagish looking! Without even realizing it, I had a long bias on it, so I didn't acted on it when it broke down ... this was a textbook B/D in a continuation of the prevalent trend from that bear flag ...
Edit: I had a long trigger alarm setup, but not one for a short on the lower end of that range, which I should have had!
AMZN Weekly
Posted by mla127 on 24th of Jul 2015 at 09:54 am
Ok, I didn't really trade this, but when you look at it from a weekly perspective, it doesn't really get any easier than this !!!!
ECA (ECA.to)
Posted by mla127 on 24th of Jul 2015 at 09:48 am
Down big on earnings today .... what else is new ?
3 Canadian O&G Stocks i'm watching tomorrow
Posted by mla127 on 24th of Jul 2015 at 12:36 am
Did a quick screen of the $SPTEN for some O&G Stocks on the TSX ... 3 caught my eyes for a possible counter trend play ... CNQ.to (CNQ) , CVE.to (CVE) and VET.to (VET) ...
MON - Short Update
MON - Short
Posted by mla127 on 23rd of Jul 2015 at 11:45 am
Accelerating ...
$SOX 15mins
$SOX 15mins
Posted by mla127 on 23rd of Jul 2015 at 11:18 am
Ok, we may have one soon here for a quick trade .... looking into SOXS
$SOX 15mins
Posted by mla127 on 23rd of Jul 2015 at 10:55 am
Hitting resistance / gap close
ADI Short (Update)
ADI - Short
Posted by mla127 on 23rd of Jul 2015 at 10:50 am
back into resistance... a gap down like yesterday was a gift ... I'm looking to short this again ... looking for a reversal in 60/30mins charts ...
CMG
Posted by mla127 on 22nd of Jul 2015 at 01:50 pm
That's one real Burrito blow-out !!!!
Gold investors be like ...
Posted by mla127 on 22nd of Jul 2015 at 12:55 pm
ADI Short (Update)
ADI - Short
Posted by mla127 on 22nd of Jul 2015 at 11:43 am
covered 3/4 off a few mins ago .... it's at my target (or close enough) ... will leave the rest with a stop above $58.50
MON - Short
MON - Short
Posted by mla127 on 22nd of Jul 2015 at 11:17 am
Not a fast mover, but it's working ...
UNP
Posted by mla127 on 22nd of Jul 2015 at 10:44 am
Earnings tomorrow ... too bad, because otherwise I would be all over this one ...
JJC (Copper) Update
JJC (Copper)
Posted by mla127 on 22nd of Jul 2015 at 10:34 am
EIX
Posted by mla127 on 22nd of Jul 2015 at 10:06 am
ED
Posted by mla127 on 22nd of Jul 2015 at 10:06 am