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Trade Ideas Update

I've spent most of the morning reviewing the charts on all of the active trade ideas.  While all the active longs still look fine, the short trades is a mixed bag right now: Some with nice embedded gains, some close to entry/breakeven, some close to their suggested stop level and some that have already exceeded [...]

Mar 6, 2013 11:06am|Categories: Completed Trades - Short|Tags: , , , , , , , , , , |Comments Off on Trade Ideas Update

HD short update

HD is one of the active short trades in which I've made the decision to leave active even though it recently exceeded the previously posted suggested stop level by a modest amount (~3%).  Like so many stocks at the top of what could likely prove to be a significant market top, prices are usually stretched [...]

Feb 26, 2013 2:54pm|Categories: Completed Trades - Short|Tags: |Comments Off on HD short update

HD short update

While I updated the active trade ideas yesterday, removing all of the completed trades, I am spending some time on the trade setup category today.  The first update is to the previous HD short setup.  This trade actually triggered a short entry shortly after the setup was posted (on a breakdown below the ascending channel).  [...]

Jan 8, 2013 12:30pm|Categories: Completed Trades - Short|Tags: |Comments Off on HD short update

HD short setup update

I'm still waiting for an entry on the HD short setup and wanted to update the chart, as I believe this trade will have a high probability of playing out soon.  Note that I have added a sub-trendline (green line) to just below the ascending channel.  That sub-trendline captured the two prior brief spikes below [...]

Dec 6, 2012 9:58am|Categories: Completed Trades - Short|Tags: |Comments Off on HD short setup update

HD short setup update

I was very close to shorting HD near the highs yesterday morning and adding it to the site as an active trade.  If you recall, I posted the short setup on Monday, to be triggered on a break below the ascending channel/primary uptrend line.  Before the open Tuesday, HD announced better-than-expected earnings and triggered what [...]

Nov 14, 2012 8:45pm|Categories: Completed Trades - Short|Tags: |Comments Off on HD short setup update