IvanLabrie
Long

SPY: Brave call - Bottom's in

AMEX:SPY   SPDR S&P 500 ETF
a month ago
Just want to document this call. I'm long with 20% of my portfolio here.
No hedges now, you can jump in and risk 1% with either a 3 ATR stop loss, or a new daily low if bold.
SPX             cfds are a good option for FX traders who don't trade equities , you may enter here if not in.
Stop at today's low +1 tick is ok.
You can simply go with no stop and size it to fit 20% of your cash in an equities account.

Good luck!

Ivan Labrie.
a month ago
Comment: The stops are a hindrance at this point, we'll probably see volatile trading, but I doubt we'll go much lower if at all. Holding long term entries and waiting for now. It appears we won't have a clear trend until after the elections, and even then I still don't know if there can be a trend before the December rate hike comes to fruition (or not). If the keeps screaming wolf, but then talking vaguely on each meeting and putting it off and postponing, being data dependent, etc. there probably won't be any clear trending move, and instead we'll continue seeing this mostly choppy trading, contained by a range, both in the short term and in the longer term. Overall, I think buying low, and selling against resistance might be good.
a month ago
Comment: ***if the FED keeps... (I omitted one word)
a month ago
Comment: Not too shabby.
23 days ago
Comment: Will average entries once we get confirmation tomorrow.
23 days ago
Comment: Being net long is still perfectly fine:

snapshot
23 days ago
Comment: Terrific!
23 days ago
Comment: Click play...feels good, glad I held patiently.
22 days ago
Comment:
snapshot
15 days ago
Trade closed manually: aaaaand I'm out, closed at 218.96.
15 days ago
Comment: Let's monitor for reentry.
11 days ago
Comment: All time highs as expected, I'll reenter soon.
We still have rather easy upside to 228-229.
7 days ago
Comment: Still on track.
6 days ago
Comment: Long term target:

snapshot
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).
ropaar
15 days ago
Nice trade, congrats!
Reply
IvanLabrie TOP ropaar
15 days ago
@ropaar, thans, it's way easier to buy SPY when it falls big. You could just do that and make good money.
Reply
IvanLabrie TOP IvanLabrie
15 days ago
thanks~
Reply
keshavreddi
15 days ago
bravo call, keep it up Ivan
+1 Reply
IvanLabrie TOP keshavreddi
15 days ago
@keshavreddi, thanks, good luck with TSLA today.
Reply
ropaar
11 days ago
will follow.
Reply
ropaar
6 days ago
@IvanLabrie Thanks for update. Sure hope there is a pull back before going up more so I can buy. May I ask what you plan is. Thought you have sold your SPY shares. Did you buy SDS?
Reply
IvanLabrie TOP ropaar
6 days ago
@ropaar, no, flat atm, but I have a lot of equity long positions. You can check my collective2 page, although the data is delayed there.
Reply
ropaar IvanLabrie
6 days ago
@IvanLabrie, Couldn't find that page you mentioned. Will keep looking. You think TSLA will not have much of a pull back from this point? Pls keep us posted on TWTR. You insight is highly valued. If there is only one stock to buy, what would you recommend? Thanks.
Reply
IvanLabrie TOP ropaar
6 days ago
@ropaar, check out the key hidden levels chatroom, or contact me privately for information on signals.
Right now, a few names are very attractive, VNQ, OXY, TSLA, LGIH, LNTH, F, GM, etc.
Reply
ropaar ropaar
6 days ago
@IvanLabrie Thank you.
+1 Reply
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