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Attractive Short Entries

I'm balancing working through some of the programming issues on the site today with trying to post some of the short-side trade ideas that look to be currently offering an objective entry or add-on.  In fact, I have an unusually large amount of very attractive short candidates on my watch-list and with today's large gap [...]

Sep 3, 2013 2:28pm|Categories: Uncategorized|Tags: , , , , , , , , , |Comments Off on Attractive Short Entries

CP update- likely stop triggered

Although I don't have a hard rule went it comes to stop triggering, I typically use a candlestick close above my stop level based on the time frame that the trade was based off of.  For example, if a trade was based off a weekly chart, I will look for a weekly (end of day [...]

Dec 5, 2012 12:30pm|Categories: Completed Trades - Short|Tags: |Comments Off on CP update- likely stop triggered

CP short update

The CP short trade has played out exactly as expected so far and is now back to the bottom of the wedge following the wedge overthrow on which this trade was originally shorted back on Oct 24th.  So far (knock on wood), that entry (94.56 at the time of the post) proved to be a [...]

Nov 12, 2012 11:29am|Categories: Completed Trades - Short|Tags: |Comments Off on CP short update

railroad sector about to fall off the tracks

regarding the previously posted CP short trade, CP was one of my top picks for a short trade as i went through the charts of all of the components of the sector last night.  however, i held off posting the setup as CP was scheduled to announce earnings this morning, which gave the stock a [...]

Oct 24, 2012 10:16am|Categories: Completed Trades - Short|Tags: |Comments Off on railroad sector about to fall off the tracks

short CP

i am adding CP as an active short here on the earnings induced wedge overthrow (current price 94.56).  an ideal stop would be just over the 100 level, which would provide approximately a 3:1 R/R if targeting T1 (obviously, a much better R/R for T2).

Oct 24, 2012 9:56am|Categories: Completed Trades - Short|Tags: |Comments Off on short CP