• AMD - Aug 10 201520150810
  • BAA - Aug 21 201520150821
  • CLD - Aug 27 201520150827
  • $COFFEE - Aug 20 201520150820
  • $copper - Aug 28 201520150828
  • DUST - Aug 21 201520150821
  • GDX - Aug 21 201520150821
  • JJC - Aug 28 201520150828
  • JO - Aug 20 201520150820
  • NUGT - Aug 21 201520150821
  • PG - Aug 17 201520150817
  • SLW - Jul 20 201520150720

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.

Aug 282015

JJC (copper ETF) along with copper futures, has broken above the downtrend line & will be added as an Active Long Trade at current levels. note: An additional price target has been added (T1 at 28.70) with the previous targets re-sequenced as T2 & T3.

On August 12th,  JJC was added as a Long Setup with the official entry to be based on a close above this trendline, as I believed the odds for a fake-out (failed breakout) were elevated at that time, had JJC managed to make an intraday breakout back then. Upon further review of the charts, including my expectation for a drop in the $USD in the coming weeks/months, I have decided to make JJC an Active Trade here on the breakout before the close with a suggested stop below 26.25 (or higher, if only targeting T1).

 August 28, 2015 11:28 am  Active Trades - Long, Gold & Commodities, Long Setups Tagged with: ,
Aug 262015

The CLD long trade setup posted earlier has taken out the 3.57 level, triggering a long entry. We’re starting to see some volume come into the stock since the breakout but nothing spectacular. Breakouts that are accompanied by above average volume have a much lower [continue reading…]

 August 26, 2015 12:05 pm  Active Trades - Long, Long Setups Tagged with:
Aug 172015

PG (Procter & Gamble Co.) has fallen to a critical support level & appears to offer an objective long entry around current levels. The price targets & suggested stop are listed on the daily chart below. My thoughts on a PG long here are this: [continue reading…]

 August 17, 2015 11:51 am  Active Trades - Long, Short Setups Tagged with:
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