Daily Trader: Trade Ideas For July 18th, 2014

Following are our trade ideas for our Daily Trader portfolio for Friday July 18th, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Enbridge, Inc. (ENB) Direction: Long Entry: 48.89 Stop: 48.27 Target: 49.20 Pattern: Expansion Candle / Symmetrical Triangle Up Break Out…

Almanac Trader Alert – July Expiration

The expiration day in July gives a bearish bias to the market that we have found to be trade-able in our Almanac Trader portfolio. Since 2000, using 1X and 2X index ETFs, our strategy produced 56 trades for 64% success rate. The average gain is 1.6% for an average of one-day holding period giving an annualized return…

Trading Notes: July 17th

Not all of our day trades for today triggered. Many gapped at the open and usually we do not chase the gaps unless they are very near our entry. We generally enter gapped trade based upon ORB. Modify the entry levels based upon the ORB – Opening Range Bar (first 30 minute candle) AMCX (long)…

Trade Alert: Close One Pound Trade

Our long British Pound in June strategy has been quite successful since 2000. We enterer long trades on June 11/12 @ 1.67900 and on June 27th at 1.70350 for an average price of 1.68513. One of our exit signal triggered on July 16th. We will exit one of our position. For reporting purposes we will use…

Daily Trader: Trade Ideas For July 17th, 2014

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 /…

Trading Notes: July 16th

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).

Daily Trader: Trade Ideas For July 16th, 2014

Following are our trade ideas for our Daily Trader portfolio for Wednesday July 16th, 2014. These are short term trading ideas that are normally closed either the same day or in next few days. Trade nimbly. Comerica, Inc. (CMA) Direction: Long Entry: 52.02 Stop: 51.41 Target: 51.35 Pattern: Expansion Candle / Horizontal Channel Break Out Albemarle Corp.…

Almanac Trader Alert: Monday Before July Expiration

In our Almanac Trader portfolio we look for trading opportunities based upon the calendar days as certain tendencies keep occurring around certain dates and calendar events for one reason or other. One such opportunities is arising now when the Dow Jones Industrial Averages and NASDAQ Composite show bullish bias. Since 2000, using 1X and 2X index ETFs, our strategy produced 28…