$HDY – Swing Trade Idea

• What really caught my attention on HDY is the Inside, NR7, Hammer bar painted on March 3rd
• Although there are 2 very obvious Resistances ahead, I feel that even if my Stop is set to a conservative $5.00 even, I could still get a +2R return
• I see this as a second opportunity to trade this stock
• Time will tell if I’m right on this one

$RL – Let Me Give it a Second Try

• I bought some Ralph Lauren back on Valentine’s Day, and I got Stopped out a few days later.
• In hindsight, my Entry was maybe a bit far away from the EMA
• Now that the EMA is closing in(to) the shadow of a Hammer-like bar, I’m going to give it another try
• My Entry and Stop are the White and Red line on the chart respectively

UMPQ – Short – Swing

• I shorted UMPQ on Tuesday during the opening hour
• My Stop was conservatively set to the High of Friday
• My Target of $11.00 (round dollar) was reach today, and I exited my entire position

XLB – Stopped Out

• Was that not a total Bearish Engulfing bar painted on the 3rd bar from the right?
• I’ll soon find out if my adjusted Stop saved me some money

MDY – Stopped Out

• I entered Long on MDY back in early February
• I set out not to turn this winning trade into a losing trade
• However, I was just too greedy
• The Hammer Bearish Reversal on Friday should have set off a sell signal
• Looking back now, I should have set my Stop more aggressively at high $175.xx
• But hindsight is always perfect, isn’t it?

MOO – Stopped Out

• MOO was a purchase made back in January
• As you can see, my ‘adjusted’ Stop was triggered, and
• It appears that my original Stop was set nicely at the Support Level of round number $53.00

RL – Stopped Out

• While I tried to be romantic by buying some Ralph Laurens on Valentine’s Day… in turns out that just like almost everything that you buy on Valentine’s Day… they are COSTLY!
• The red line was my Stop

YSI – Stopped Out

• I made an Entry on Friday to go Long on YSI
• Thursdays Inside Hammer was what drew my attention
• My original Stop was at $9.80-ish
• My Entry wasn’t rock solid, so I moved my Stop up to $9.9x, and it was trigger

MMM – Stopped-out

I’ve been moving up my Stops to…

1. Limit my losses
2. Increase my position in cash

… until things stabilize.  Below are a few positions that hit my Stop in the past 2 trading sessions.

Tuesday’s

MMM

• I’ve lost the entire 1R when I tried to chase an entry on MMM
• It turns out that my Stop at $92.00 was a well placed security
• I expect prices to $89.50 before getting Support

• In hindsight, it was a great opportunity for a day-trade with an entry-point located at the break of the Bear Flag, or Opening Low
• There are still some decent profits if you place your Stop at the High of the 2nd bar

MMM – Swing – A Chase

• Pulling the Fibonacci from March 09’ low to October 10’ high shows that the prices have just moved past the Resistance 2 weeks ago

• I’m attempting a chase here…
• My Entry will be the top of the Hammer, just above the round-number of $93
• My Stop will just the underneath of round-number $92
• My Target will be the 138% Fib of $110
• If my Target is reach, this trade would yield some good profit 

IRM – Swing - Long

• Inside Hammer with Support from 5ema
• Stop is aggressively set at the bottom of the Hammer
• Target is the mid-April high of $28

PPDI – Swing - Long

• A Reversal, followed by a Confirmation bar
• My Entry is the white line
• My Stop is the red line
• My Target is the blue line

WYNN – Weekly – Monitoring for Potential Pull-back Entry

• I expect $130 to be the round number pivot point. 
• Prices should retrace back to the 5ema, and I’m guessing they will meet at around $124 level
• I will be watching this for a Swing entry

XES - Cup and Handle Pattern Setup

• Entry at 28.25
• Stop at 25.95
• Target at April’s high of 33.46
• ETA 1 month!

EWU – Swing - Setup

• Head and Shoulder setup on the weekly
• Spike in volume 2 weeks ago
• Volume dies down as prices consolidate

• White line is the Entry
• Red line is the Stop

NTY – Swing Trade – Setup

• I see a Cup & Handle setup on NTY
• My Entry is just above the white line
• My Stop is where the red line is, which in my opinion, is the Pivot Point of NTY in the past few months.  Instead of using the low of 3/31 ($48.00) as my Stop, I’m going to be a bit aggressive here and set my Stop at just under $49 instead.

• My Target is $55, which is the High that was set back in early 2007.

PPR – Setup

 

What do I see:

• Prices closing in on All-time High (June, 2007) (see first chart)
• A Hammer formed right above the 5 EMA on Thursday's Close (see second chart)
• Wednesday's bar was an Inside NR7
• Entry is above $6.11
• Stop is under $6.17
• Target is 7.84, which is 138% Fib
• I have extra room on top and bottom because I don't want to be too aggressive with this trade

CATM - Setup

 

 

What do I see:

• A significant increase in Volume from the first chart, from last week.
• Prices reaching 52 weeks high
• Support from both 5 and 34 EMAs
• Entry will be above $13.50
• Stop just under $11.74
• Target at 138.2 Fib

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.