Recently closed short trades

In reviewing the Active Short Trades category, the following trades will be removed: FCH- Exceeded the 5.50 suggested stop level shortly after it was suggested in the last video update on Jan 23rd.  For anyone still in this trade, I think that the odds are still good for at least T1 to be hit soon [...]

Feb 25, 2013 10:51pm|Categories: Completed Trades - Short|Tags: , , , , |Comments Off on Recently closed short trades

MCD short update

the MCD short is only down about 2 1/2% from entry and still looks fine.  in the last post, i had suggested a possible stop level on a move above the recent reaction high of 93.32 (stop 1).  although that's still a decent stop level for those preferring relatively tight stops, i have also added [...]

Sep 17, 2012 1:44pm|Categories: Completed Trades - Short|Tags: |Comments Off on MCD short update

MCD short

MCD looks like an objective short here (or after the FOMC announcement, depending on what desperate actions bernanke & co. do or don't take to keep juicing the market high).  most notes on these charts but also notice how that channel breakdown on the 2-day period chart coincided perfectly with the recent death cross (50ema [...]

Aug 1, 2012 1:42pm|Categories: Completed Trades - Short|Tags: |Comments Off on MCD short