• BXS - Mar 27 201520150327
  • CCU - Mar 30 201520150330
  • DGP - Mar 25 201520150325
  • EXXI - Feb 03 201520150203
  • FOE - Feb 05 201520150205
  • GDX - Apr 01 201520150401
  • GLD - Mar 31 201520150331
  • GMCR - Feb 05 201520150205
  • $GOLD - Mar 31 201520150331
  • HIBB - Sep 08 201420140908
  • HMN - Apr 11 201420140411
  • HSY - Jul 21 201420140721
  • $HUI - Mar 26 201520150326
  • ILMN - Dec 02 201420141202
  • KBE - Jul 21 201420140721
  • KRE - Jul 31 201420140731
  • LOCK - Feb 11 201520150211
  • $NDX - Mar 31 201520150331
  • NUGT - Apr 01 201520150401
  • NVO - Jan 06 201520150106
  • PFE - Nov 06 201220121106
  • QQQ - Mar 31 201520150331
  • REMX - Mar 05 201520150305
  • TC - Mar 05 201520150305
  • XHB - May 06 201420140506


Active Trades

Active Trades are trade ideas that were previously posted as Trade Setups and have since triggered an entry or occasionally, a trade idea that was first posted directly to the active trades category as offering an objective entry at the time of the initial post. Active Trades might also be listed in one or more of the other trade categories as these categories are not necessarily mutually exclusive. e.g.- An Active Trade that still offers an objective entry might also be categorized under the Trade Setups category. Likewise, an Active Trade with multiple prices targets may have already hit one or more of those initial targets with additional target(s) remaining, thereby falling under both the Active Trades and Completed Categories. Traders should look to make any new entries or add to existing Active Trades objectively, such as a on pullback to a support level during an uptrend or a re-test of a broken trend-line, wedge, or channel pattern.

Apr 012015
 
GDX 15 minute April 1st

GDX 15 minute April 1st

The short-term bounce target for the GDX/NUGT trade (18.80 level on GDX) has been hit. Consider booking partial or full profits and/or placing a relatively tight trailing stop in order to protect profits while allowing for additional gains.

Those trading GDX could allow for more liberal stops as GDX does not suffer from price decay as the 3x leveraged NUGT does. Should the mining stocks continue higher, printing a positive close each day for several days, then NUGT should continue to perform well. It is the daily red closes on NUGT that eat into the returns while holding this extremely volatile, highly leveraged ETF. The swing target for GDX remains 19.89 although I will probably set the official price target just below that actual resistance level should this trade continue to play out.

 April 1, 2015 10:27 am  Active Trades - Long, Completed Trades - Long, Gold & Commodities Tagged with: ,
Follow via RSS
Facebook
Facebook
RSOTC Videos
RSOTC Videos