Following are our trade ideas for our Daily Trader portfolio for Friday August 22nd, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Bank Of America Corp. (BAC) Direction: Long Entry: 16.28 Stop: 15.82 Target: 16.55 Pattern: Expansion Candle / Resistance Break Citigroup, Inc. (C)…

Three of our trades in Daily Trader portfolio triggered today. NOAH (short) is close to hitting the target. Move the stop to break even. For ANN (long) update the entry to above ORB (Opening Range Bar – 30-minute candle) at 38.75.