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Trade Ideas Updated

I've spent some time in updating both the Trade Setups category as well as the Active Trades category.  Trade Setups are trade ideas that are either currently offering an objective entry, such as an active long trade that has pulled back to support, for example.  Stocks or ETF's that are setting up in a bullish or bearish technical pattern but have not yet triggered an entry fall into this category as well.  As such, trade ideas are often assigned more than one category as they are not mutually exclusive.  A description of each category can be found at the top of [...]

2013-08-13T14:47:33+00:00 Aug 13, 2013 2:47pm|Categories: Completed Trades - Short|Tags: , , , , , , , |Comments Off on Trade Ideas Updated

IACI update

The IACI short recently exceeded the first suggested stop level for the add-on lot (or new entry on the bounce back to T1) but stopped cold at the 200ema which I mentioned as a key resistance level for those preferring to give the trade some more room.  Once/if the recent lows around 41.90 are taken out, the odds of T2 being hit soon will increase sharply.  Updated daily chart & 2-day period charts below. This recent bounce in the broad market reminds me a lot of the market action leading up to the Sept 14th top whereby the market makers and [...]

2012-12-04T11:03:46+00:00 Dec 4, 2012 11:03am|Categories: Completed Trades - Short|Tags: |Comments Off on IACI update

IACI suggested stop level

For the IACI new short entry or add-on trade posted yesterday, consider a stop not too far above the 46.60 level.  That would provide a 3:1 R/R on the trade.  Although the bear-flag pattern has been busted up today, the trade still looks fine technically as long as it stays below that horizontal resistance level and more importantly (for those who want to give it just a little more room) the 200 day ema which is currently around 47.50 and falling.  Also note that IACI will experience a death-cross with the 50 ema crossing below the 200 ema on any additional [...]

2017-03-08T21:21:58+00:00 Nov 29, 2012 11:20am|Categories: Completed Trades - Short|Tags: |Comments Off on IACI suggested stop level

IACI short entry or add-on

The IACI active short trade is once again offering an objective entry here as prices back-test the recently broken T1 support level (now resistance).  IACI is also at the top end of a bear-flag pattern which, if broken, could be the catalyst to help propel prices down to my preferred target & final target (T2).

2017-03-08T21:21:58+00:00 Nov 28, 2012 2:50pm|Categories: Completed Trades - Short|Tags: |Comments Off on IACI short entry or add-on

IACI first target hit

The IACI short trade has hit the first target for an 11.4% gain so consider booking partial or full profits and/or lowering your stops, depending on your trading plan.  My preferred target remains T2.  Updated daily & 2-day period charts:  

2012-11-07T12:42:18+00:00 Nov 7, 2012 12:41pm|Categories: Completed Trades - Short|Tags: |Comments Off on IACI first target hit

IACI short update

one of the better looking active short trades.  IACI still offers an objective short entry or add-on at current levels with a 9% profit potential to T1 and 29% profit potential to T2 (my preferred target).  daily & weekly charts show. i have slightly re-draw the channel on the weekly chart from the previous post.

2012-11-07T09:04:05+00:00 Nov 2, 2012 9:55am|Categories: Completed Trades - Short|Tags: |Comments Off on IACI short update