JOUT Long Trade Update

The JOUT long setup triggered an entry back on February 1st on the high-volume break above 22.00 and is getting close to the first target (24.00).  My preferred target on the trade at this time is T2 (31.00) however, a reaction (pause or pullback) at or near the T1 level is likely so set your [...]

Mar 18, 2013 4:57pm|Categories: Completed Trades - Long, Long-Term Trades- Completed|Tags: |Comments Off on JOUT Long Trade Update

New Target Added to the AAPL Long Trade

For those in the AAPL long trade, please note that the first target has been revised to a lower lever.  The new first target (T1) will be the primary downtrend line shown on this updated 4-hour chart.  The original first target (482.50) has been changed to T2.  That trendline is also the top of the [...]

Mar 18, 2013 2:35pm|Categories: Completed Trades - Long|Tags: |Comments Off on New Target Added to the AAPL Long Trade

Active Short Trade update- COL Removed

As there are a substantial number of trade ideas listed in Active Short Trades category, I plan to go through the charts in detail this week and update as many of the trades as possible.  At quick glance, I see two trades that have exceeded their previously suggested stop parameters.  COL moved well above the [...]

Mar 18, 2013 1:39pm|Categories: Completed Trades - Short|Tags: |Comments Off on Active Short Trade update- COL Removed

Active Long Trades Update- GG Removed

All of the gold & silver mining longs, including GDX still look fine for now but I did noticed that GG exceeded both of the previous posted suggested stop criteria last week with several 60 minute candlestick closes well below the lower stop level and as such, will be removed from the Active Trades category. [...]

Mar 18, 2013 1:05pm|Categories: Completed Trades - Long, Gold & Commodities|Tags: |Comments Off on Active Long Trades Update- GG Removed