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Watching DUK as a short-term

Posted by McFly1985 on 23rd of Oct 2018 at 11:29 pm

Watching DUK as a short-term short (probably day trade, possibly more). http://schrts.co/yZEddx

Thanks, Matt! I'll use that more going forward. 

Boy, I sure wish I

Posted by McFly1985 on 23rd of Oct 2018 at 03:59 pm

Boy, I sure wish I had stayed a bit longer in this trade...

AET looking a bit bearish

Posted by McFly1985 on 22nd of Oct 2018 at 11:48 pm

AET looking a bit bearish   http://schrts.co/BdKTnF 

Nayan, clearly you didn't listen to the newsletters during the week of the downturn, since Matt & Steve were giving serious warnings about a downturn. I listened, went short, and had a hugely profitable week. (I had a few longs not work out, but who didn't?) If you are only referring to the SPY system, it doesn't get every move all the time. (I've traded a lot of automated systems, and they just don't work that way.) That being said, I totally get being frustrated. This market isn't easy to navigate. 

RGLD trying to bounce at

Posted by McFly1985 on 12th of Oct 2018 at 10:01 am

RGLD trying to bounce at its 50% retracement of the recent move up. 

Earlier today (I believe it was) Trump blamed the Fed and said that what they were doing (raising rates) was "crazy". It looks like we're becoming less and less tolerant of corrections. 

Ok, I just exited half of everything (which I managed to do while holding a squirming baby who likes to hit my keyboard and throw stuff.) Need to lock in something in case my wife asks. :) 

Guys, I'm thinking of trimming

Posted by McFly1985 on 11th of Oct 2018 at 02:49 pm

Guys, I'm thinking of trimming a few of my shorts here. Getting close to some short-term targets.

@ Buddha - HUYA &

Anyone have any good long watches?

Posted by McFly1985 on 11th of Oct 2018 at 02:36 pm

@ Buddha - HUYA & TRTC look decent (earlier posts, not mine), but I haven't been able to keep new longs for more than 15 minutes. :p  So for now I'll be sticking with shorts, and a few gold stocks.

Nice SPY triangle setting up

Posted by McFly1985 on 11th of Oct 2018 at 01:32 pm

Nice SPY triangle setting up on the 3-min charts. 

This day probably caught a lot of folks off guard, so you're not alone there. It's great that Matt and Steve have been ringing the warning bell in the past few newsletters though. That helped me add some good shorts over the past few days, though I could have used a good rally to add some more. (You should see a few of the amazing shorts that I ALMOST got into! lol)

Took a short position earlier

Posted by McFly1985 on 10th of Oct 2018 at 01:53 pm

Took a short position earlier in the day on YUM. It's right at long-term resistance (see long-term chart), and just put in a bearish engulfing candle after yesterday's shooting star. 

My short on IR from

Posted by McFly1985 on 10th of Oct 2018 at 10:49 am

My short on IR from last week seems to be turning out pretty well. 

My IR short seems to

Posted by McFly1985 on 5th of Oct 2018 at 01:39 pm

My IR short seems to be playing out pretty well. http://schrts.co/wKhNbt

DLR could get an oversold

Posted by McFly1985 on 4th of Oct 2018 at 03:32 pm

DLR could get an oversold bounce from here. 

DLR daily chart - http://schrts.co/a64buq

Industry chart - http://schrts.co/ttB7rS

Anyone have any thoughts on

Posted by McFly1985 on 4th of Oct 2018 at 12:55 pm

Anyone have any thoughts on IR as a possible short? Here are my charts:

IR (daily) - http://schrts.co/facFo7

IR (weekly) - http://schrts.co/jpnxvt

If your XLE / ERY

Posted by McFly1985 on 4th of Oct 2018 at 10:12 am

If your XLE / ERY wedge plays out, mla217, CVX might be a good short candidate, with a stop above the week's highs. 

http://schrts.co/i7FKC5

I did the exact same

DERM nice trade and person F-up

Posted by McFly1985 on 3rd of Oct 2018 at 01:48 pm

I did the exact same thing a couple of weeks back, Matt, except I went long what should have been a short. Kinda ruined the first few hours of my day.

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