DIS – Adjusted Stop Triggered

• As called out over the weekend, the Trend Line of DIS (Disney) was broken as of last week
• I moved up my Stop to $29.45 level and it was triggered today

MDY – Will Trend line Hold?

• With 2 consecutive weeks of red bar, I certainly hope that the trend line will hold in this coming week. 

KRE – Bullish Cup and Handle Pattern

• A Cup and Handle pattern that started back in May of last year
• It was finally broken 2 weeks ago
• The bullish pattern is further confirmed by another strong bullish week

DIS – Disney’s Broken Trend Line

• I was Long on DIS since September of last year
• This week’s inverted hammer painted a very bearish picture
• Along with 3 consecutive (weeks) of red bars,
• And a broken Trend Line
• I’m going to adjust my Stop to the $28 range

The PUMA Index

Where was this program this time last year?  Now Howard Lindzon and the StockTwits team need to come up with something like this for its Users!

$SUSQ Swing Trade Potential

• Long > 5.39
• Stop < 5.18
• Target = 5.60 ~ 5.67

$DBC Swing Trade Potential

• Entry > 21.67
• Stop < 21.42
• Target 22.05 ~ 22.30

$EFA Review

• Moved my Stop to 42.45 level. 

Swing Trade - Positioned - TDS

Here’s a trade on TDS that I took position last week.  Things are looking good and I have just adjusted my Stop to $28.15 (Break-even).  It’s no longer at $29.35 anymore!

Daytrade – Result – Win – INTU

My second trade of the day.  What I saw…

• 2 consecutive inside bars and NR7 combination
• A downward pressing 5ema
• No Entry Bar
• It’s obvious that I was trying to force a trade here
• My Entry was under the white line below the low of the 2 combo bars
• My Target was the Opening Low
• My Short was triggered by the 8th bar
• I thought I was Stopped Out when prices retraced back above my Stop, but it didn’t happen (see white circle on chart)
• The long upper shadow on the 9th bar was caused by bad data
• Another entry point could be the break of the 11th bar bottom
• My Target was reached during the 12:30 bar

Daytrade – Result – Loss - STX

 

 

It’s been a long while since I last day-traded, and I’m thrilled to be participating this morning.  My first trade was STX.  What I saw was…

• 2 consecutive combo’s of Inside Bar + NR7
• Although the 2 inside bars did not signal an entry for me, I decided to gamble and hope that prices will reach its Opening Low, for a small gain
• Set Entry just below the Low of the 2 Inside Bars (see white line)
• Stop was above the Red Bar
• My Entry was triggered by the following bar (see 2nd chart)
• Unfortunately, I was stopped out 15 minutes or so later during the next bar

Long Term Trade - FXE

• Here’s another Long Term trade that I took position from last week
• Please note that if my Target of $124 is reached, I intend to stay in position and evaluate the situation
• Looking at this chart over the weekend, I noticed that the Target does not yield a full 2R return
• The 2R minimum return is the new standard of all my entries from now on

Swing Trade – Positioned – TDS

• Here’s a Short position that I’ve taken a few days ago that was able to weather the rally-storm today
• Let’s hope that I can hit my Target on this one so that I can recover some of my losses from today

Swing Trade – Result – Loss – HCP

 

• HCP looked a bit promising for about 2 days. 
• When I saw that red Doji yesterday, I was already a bit concern
• I didn’t expect it to rally so strong!

Swing Trade – Result – Loss – AIV

• I was hoping for a quick Swing Trade of AIV
• I entered Short when prices fell below $6.11
• Looking back at my setup now, I think I was a bit optimistic.  $5.00 mark should be my Target instead of the mid-$4 range. 
• It never got there anyway