Completed Trades are trade ideas that have hit one or more of their price targets. Many trade ideas will list multiple targets as some traders might choose to hold some or all of the position for an additional target(s) after the initial target is hit. Therefore, many trade ideas on this site will often appear in both the “Active” and “Completed” categories simultaneously. Trades are removed from the Active Trades Category either upon hitting the final target or if stopped out before then. Once removed from the Active Trades category, these trades and all associated posts will be archived indefinitely in the Completed Trades category for future reference.
The SBGL (Sibanye Gold Ltd) short trade has hit T1, the final official target at 16.66, for a 15.4% gain in just 1 week. Consider booking full profits or at least lowering stops if holding out for the next potential target (unofficial target) which has been revised to 13.62 with the actual support level at [...]
The HL (Hecla Mining Co) short trade has hit the second price target, T2 at 5.69, for a quick 15.8% gain in just 3 trading sessions. Consider booking partial or full profits and/or lowering stops, depending on your trading plan. T3 (4.87) remains the final price target for now. Previous & updated daily chart: [...]
The most recent XBI/LABU short trade was stopped out for a minor loss of 1.25%. A very tight stop was used as this most recent short entry/re-entry was based on the assumption that XBI had just started a wave B down on an ABC corrective wave (which didn't prove to be the case, hence the [...]
HL (Helca Mining Co.) just hit the first target, 6.32, for a quick 6.5% profit. T3 at 4.87 remains the final target at this time although those that were only targeting a quick pullback trade to T1 should consider booking partial or full profits and/or lowering stops to protect profits. HL daily Aug 23rd [...]
The ZEUS (Olympic Steel Inc) short trade has hit the final target (21.10) for a 24.5% gain in just over one month. Consider booking full profits or lowering stops if holding out for additional gains. Original & updated daily charts:
XBI slightly exceeded the revised suggested stop yesterday (which was lowered to the entry point for a breakeven on the trade). In hindsight, l should have left a little more room for that expected counter-trend bounce. As the charts still indicate more downside, XBI or LABU will be added back as a new Active Short [...]
This video provides a brief update on the active XBI/LABU short trade as well as a discussion on some of the things that I look for when trading off the 60-minute time frame. Please log in or sign up for your free 3-week trial to view.