Search results

  1. S

    long term position trading -primarily etf's-

    Today PJP stopped out for a gain, while XSD stopped out for a loss- XBI moved higher- making a new high and my limit order to add additional shares (5) was never reached. Additionally, HACK also has moved higher- and Why should it not- When on the news tonight is an additional release that...
  2. S

    long term position trading -primarily etf's-

    Thurs 6.4.15- JUNE is historically a very weak month for the markets- I took a week of vacation this week- and we had a lot of rain- Had to work too hard this week! The goal was to put in footings for a sun room addition and also footings for a small "Safe Room" - a very small...
  3. S

    long term position trading -primarily etf's-

    a QUESTION: does anyone reading this thread have any experience with the Annuity products offered by JD Mellburg? I think i responded to an add seen on CNBC to gain further information on their products- In my initial contact with them this week, The salesperson covered a lot of...
  4. S

    long term position trading -primarily etf's-

    Learning to trade in a wider world environment certainly comes with a steep learning curve-particularly for those of us that may not be all that current - slow to adapt- limited on time.....experience, knowledge . I know I could come up with dozens of reasons .........or excuses for my lack...
  5. S

    long term position trading -primarily etf's-

    Draghi is speaking 9am premarket-I think a lot will depend on how the market interprets his words- I do have a buy-stop DXGE $30.05 -lmt $30.22 with a $29.35 stop on entry- US markets looking poised to move higher 4:30 PM- I failed to post my intended purchase-filled on DXGE $30.08 I did...
  6. S

    long term position trading -primarily etf's-

    Thanks for the instructive explanation! I will have to learn much more about currencies and their relationship- large void space in my grasp of the economic forces that are at work. As I think I understand it - as a foreign currency decines in value against the US Dollar, it makes...
  7. S

    long term position trading -primarily etf's-

    As I was looking at a chart of the US Dollar- UUP & a chart of the Euro short EUO- I was surprised -by how similar the movements seem to be hand-in -hand- Actually, I had to refresh the charts and double check that I had entered a different ticker symbol As a follow up- On CNBC Fast money...
  8. S

    long term position trading -primarily etf's-

    Which way will oil go? 2 charts -USO daily and Dug 2 hr. Daily chart appears to indicate a decline, while 2 hr indicates a potential price compression -Asc.Tr. which looks prepared to break one way or another - I will favor that it goes higher -looking to buy $51.60 on a buy-stop. World...
  9. S

    long term position trading -primarily etf's-

    Was filled on the open at the high to add 10 PJP- to the position. I made a repeated error on the trade and can only contribute this to a lack of concentration when adjusting or making multiple trades. I had defined the recent pullback, and- applying a trend line approach-connecting the...
  10. S

    long term position trading -primarily etf's-

    Was filled on DXJ move higher without either stop-loss being hit- Now holding 55 shares- a full position.
  11. S

    long term position trading -primarily etf's-

    Semis have been strong for weeks, making an upswing and closing at a new high. Weekly Chart -does it go higher here after closing above the prior highs (expected resistance) didn't seem to be an issue on the week- Will "resistance broken " serve as support? The daily chart would suggest that...
  12. S

    long term position trading -primarily etf's-

    I adjusted the DXJ stops as indicated and added the buy stop order- As i review my remaining positions this Sunday- A lot may have occurred over the weekend to alter the market dynamics- I don't have a clue as to what that may have been as the focus has been on digging footings for a sun...
  13. S

    long term position trading -primarily etf's-

    lAST CHART IS THE DAILY CHART- ILLUSTRATED A couple of examples of price making dojis- Has to be viewed in the larger context of prior price-action- I view this latest Doji as likely bearish- a drop below the trend line with the doji lower filling the prior gap- momentum indicators suggest...
  14. S

    long term position trading -primarily etf's-

    That was a substantial dividend pay-out! I hadn't even thought about the dividend aspect as a reason to try to hold this longer term. Past 4 months have seen a 20% appreciation from the prior swing pullback. The weekly chart does look good-with the note that this week's pause is marked with...
  15. S

    long term position trading -primarily etf's-

    DXJ jAPAN FOCUSED HEDGED TRADE. lOOKING AT A FEW DIFFERENT CHARTS & TIMEFRAMES.... This trade is in net profitable territory. Price is showing some initial weakness Friday- and the temptation is to react to that weakness with an aggressively tightened stop-loss -Saving $.30 with a...
  16. S

    long term position trading -primarily etf's-

    SPY- 2 RENKO CHARTS-
  17. S

    long term position trading -primarily etf's-

    LOOKING AT THE SAME TRADE WITH A RENKO CHART BASED ON A 2 HR TIME FRAME- EACH RENKO BRICK HAS AN ATR- "AVERAGE TRUE RANGE" OF $.35 iF THIS WAS A DAILY RENKO CHART, THE ATR VALUE WOULD BE $.85 AND THE TREND WOULD BE INDICATED AS BULLISH, THE PRICE FLUCTUATIONS SEEN ON THE 2 HR WOULD NOT...
  18. S

    long term position trading -primarily etf's-

    Friday- Finally arrives! Markets down slightly over .5% . The only green position I had today was XBI- biotech- showing some strength in spite of the weak markets, testing the prior highs. I hope this trend continues as I have an initial good lower cost entry, and a higher entry. HEDJ...
  19. S

    long term position trading -primarily etf's-

    Thursday- Markets were slightly down today- China had a big sell-off - On Tuesday, My Hack position sold - I had repurchased HACK $29.85 back on May 5, and sold all 100 on the pullback Tuesday $30.25. I was reacting to the larger drop on Monday-As SPY gapped down lower on...
  20. S

    long term position trading -primarily etf's-

    Thanks O'Gracious Market! for thy benevolence this day! Not to be sacreligious- but today was a day that the markets moved higher in tandem significantly. And my tightened stops were not activated! Nasdaq up 1.47% Spy +.92 Dow + .67 Oddly enough the dollar was also higher UUP-...
Back
Top