• CCU - Mar 30 201520150330
  • DGP - Mar 25 201520150325
  • EXXI - Feb 03 201520150203
  • GDX - Mar 30 201520150330
  • GLD - Mar 26 201520150326
  • $GOLD - Mar 26 201520150326
  • $HUI - Mar 26 201520150326
  • NUGT - Mar 30 201520150330
  • REMX - Mar 05 201520150305
  • TC - Mar 05 201520150305


Active Trades – Long

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.

Mar 302015
 
GDX 15 min 2 March 30th

GDX 15 min 2 March 30th

GDX (Gold Miners ETF) is current trading just above the short-term uptrend line generated off the March 11th lows & is likely to reverse here (primary scenario) or possibly slightly lower at the green horizontal support line that comes in around 18.30. Both GDX & NUGT will be added as official Long Trade ideas (Long Setups & Active Trades) at current levels (GDX 18.48 & NUGT 9.77).

Price targets for both a very short-term bounce trade using NUGT (3x long gold miners ETF) & a typical swing trade (most likely lasting a couple of days to a few weeks) using GDX are listed on this 15 minute chart. The NUGT bounce target would be correlate to a move to the 18.80 area on GDX with the initial swing target on GDX set a few cents below the 19.90ish horizontal resistance (orange line).

 March 30, 2015 1:02 pm  Active Trades - Long, Gold & Commodities, Long Setups Tagged with: ,
Mar 252015
 

-+*CCU (Compania Cervercerias Unidas) continues to move higher since breaking out, despite the sharpest selling in the broad markets in some time. CCU was posted as a Long Trade Setup on Monday & went on to trigger a long entry on a break above the [continue reading…]

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