Our Daily Trader portfolio scan generated following trade setups for Thursday August 28th, 2014. Barnes & Noble, Inc. (BKS) Direction: Long Entry: ORB (Opening Range Bar – first 30-minute candle) break Stop: 23.25 or Below ORB Target: 25.50 Pattern: Expansion Candle / Resistance Break / 28 Months High Hawaiian Electric Industries Inc. (HE) Direction: Long Entry:…

Our Almanac Trader portfolio looks for potential trading opportunities in the market based upon the calendar days. Due to a number of reasons, certain tendencies keep occurring around certain dates and calendar events. One such event is near the end of August when S&P 500 and Dow Jones Industrial Averages have shown bearish propensities that could be traded.…

Some of our trade ideas fro Wednesday triggered and some gapped. Modify entry levels based upon ORB (Opening Range Bar – first 30-minute candle) GWPH (long) gapped up a lot and then started to reverse. Modify entry to 96.77 Also, we will take a position in SDS if it goes above ORB Go long SDS…