Short Trades Category Updated

The following short trades have either exceeded their suggested stop(s) or no longer look compelling from an risk-reward perspective and will be moved to the Completed Trades category: ADBE: Has traded slightly above the suggested stop of 77.09 over the last several trading sessions, resulting in a relatively small loss of 2.8%. As the R/R on this trade was way above average (over 10:1 R/R to the final target), in hindsight, I should have listed multiple stops, not just the sole suggested stop 77.09 which was based on the distance to the first profit target at 69.85. With that being said, [...]

Apr 29, 2015 7:28pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , |Comments Off on Short Trades Category Updated

HMN Additional Sell Signal Pending

HMN (Horace Mann Educators Corp) was posted as a Trade Setup on Wednesday of this week and went on to trigger a short entry yesterday on a move below 28.33. I've added the 200-day ema to this updated daily chart to illustrate how well that moving average has acted as support and resistance, defining the recent up & down trends in HMY. With prices currently sitting on the 200 ema, any solid break below will trigger the next sell signal in the stock and increase the odds of this short trade reaching the price targets. HMN daily April 11th [...]

Apr 11, 2014 1:31pm|Categories: Completed Trades - Short|Tags: |Comments Off on HMN Additional Sell Signal Pending

HMN Short Trade Setup

HMN (Horace Mann Educators Corp) will trigger a short entry on any move below today's low of 28.33 (yellow minor uptrend line).  Price targets are listed on the daily chart below with T2 defined as a target zone ranging from 23.71-23.41. Suggest stops would be dependent on one's preferred target(s) using an R/R of 3:1 or better.     Click here to view the live chart of HMN HMN daily April 9th  

Apr 9, 2014 12:30pm|Categories: Completed Trades - Short|Tags: |Comments Off on HMN Short Trade Setup