Following are our trade ideas for our Daily Trader portfolio for Thursday July 17th, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. AMC Networks Inc. (AMCX) Direction: Long Entry: 64.42 Stop: 62.90 Target: 66.56 Pattern: Expansion Candle / Resistance Break Out /…

Entry level updates for July 16th Daily Trader setups ALB (short) – update entry to 68.63 and stop to above day’s high If you have not already taken the EXXI short trade then update the entry to 20.70 – just below the ORB (Opening Range Bar – first 30 minute candle).