NAK1987

NAK1987 Premium

This is a countertrend trade that I took today around an hour before close . Some points : Hammer that has above average volume is a potential bottom , its wick is a good indicator of support ... I used it vs stop Todays bullish engulphing shows more potential reversal signs I also see a potential double bottom lower low major trend reversal set up that is...

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This is completely contrary to my normal TQQQ buy , but looking for a push out of the tight bear channel where the bulls take short term control Plan to sell 1/3 at 1R and then see if I can run the balance . ****Note: Low probability trade here *** Basically doing the exact opposite of the price action rules here . Entry 28.93 Stop 26.46 1R PT - 31.50

NAK1987 Premium

So , I see a LOT of ideas on TWTR with price targets to the moon or above the $54.20 buyout price , and that is contrary to my understanding of buyouts . I am no pro, but I think that there seems to be a lot of misunderstanding about what to expect with TWTR going forward based on some ideas posted . So, I wanted to share some things about my understanding of the...

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Similar to todays XLK short this too I would also consider this a C trade. Here's why Cons 1) The stop is far , 2) Missed the little pop at the end of day , could have had a slightly better stop vs entry distance ( I did enter in final 30 min per my rules , however ...) 3) We have not cleared the range, big bars are common in ranges . 4) DB , MTR , a...

NAK1987 Premium

I would consider this a C trade. Here's why Cons 1) the stop is far , 2) missed the little pop at the end of day , could have had a slightly better stop vs entry distance ( I did enter in final 30 min per my rules , however ...) 3) we have not cleared the range, big bars are common in ranges . 4) LL , DB , MTR could be a possibility , would have rather...

NAK1987 Premium

Arguably I missed an entry on the 2nd for this after getting stopped but it was actually intentionally done as I felt to uncertain as to the effect that the Fed rate change would have on this and wanted more evidence . Now I have it and I think it is a reasonable time to try again here . I decided that since my stop is far on this one, I would shoot for 1.5R...

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Re- entered WEAT on todays soft close above my ema's Concerns here would be some gap risk but we do see some nice range contraction on chart and I think that the tape is probably on our side here , saw some pretty massive level 2 time and sales actions before the fed announced today on my related holds (UGA and DBC) that I found very interesting too . *There...

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Looking to hold this to Sept, will exit before the deal closes. Will be a risked based decision . Normally I always always use stops but that does not apply for this trade . Instead I have done this one differently . TWTR is weighted at 9% of my account . My logic is that is that this allows the deal to fall through and if the share price collapses 50% of...

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I am nicknaming the 2-10 year yield "Icarus". Pushing back towards to the sun with haste it would seem . Kind of interesting how this is off the media radar today . Oh my wings! See my two wings! How I love to fly! -The final words between: Icarus, and his father~

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Long on BNO yesterday . Range contraction looks good , volume contraction and that pop , consecutive green bars ... Entry - 30.75 Stop - 29.7 PT - 32.85 * Entered just before yesterdays close . Additional Risk is the FOMC meeting coming up next week , that will probably bring volatility to the markets , gap risk ect ect.

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Re entered here based on the positive price action we saw today and yesterday . Commodities vs SPY and QQQ still showing very low correlation , yesterday was contrary to this though , the whole market was affected by the pulling tides . Today was a pretty important day for DBC imo though because of its expedient recovery after that gap down ... Caution...

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This is one trade that I honestly lost interest in because it kicked my butt, so far ;) , and then I missed the wedge drop on Friday busy at work. But in hindsight, that's just emotions and my regency bias making excuses. Simply put , I should have entered Friday on the wedge drop plain and simple at work or not .... So, that being said, I decided that if I was...

NAK1987 Premium

Well title says it all lol , another close under the 50 and significant moving averages but hidden support . Hourly range around the 50 sma here .... Need to take out the wizard down at 176 area , he seems to be running low on mana though one side will win eventually ... Put my stop a tiny bit higher this time around ... Entry 178.52 Stop 182.76 PT 170.5

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Although I am not allowed to take longs in stock market now with the SPY and QQQ under their 21 emas , I have decided to try modifying my rules to still allow for commodities related longs .As long as they maintain overall low correlation to the market , I think its very reasonable to try out some commodities long bets even the market in RTM mode ( red trading...

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Trying this again . Stage 4 decline Recent Death cross series of LL and market is in RTM ( red trading mode ) both spy and qqq below 21 ema's on daily . After being stopped out today in the am , price was not able to close strong, closed near the low of the daily range . Below the 10/21 ema's , 200 ema and 50 sma. Entry 176.3 Stop- 180.81 PT - 165.9 ( de risk )

NAK1987 Premium

Question was this : Even though SPY and QQQ are currently in red trading mode meaning no buying stocks for me , can I enter new trades on commodities funds ?? My long term test from 2008 to now determined this 2008 to current date SPY vs DBC Regression coefficient beta == -7.88 Correlation == 0.28 meaning long term negative/low correlation 2020 Jan 1st...

NAK1987 Premium

SPY and QQQ both below their 21 emas and markets in red trading mode for me . SPY - Lower lows and lower highs confirmed , lost of 50 sma , below 21 ema . Potential stage 4 downtrend setting up ? Entry 439.58 Stop 426.66 PT 426.66 .Sell half and go BE Risk 0.5%

NAK1987 Premium

Market is in red trading mode , SPY and QQQ now both below their 21 emas. XLY , Slightly stronger than XLY but we still were not able to follow through on out HH , so far at least . We also have LL's though too . Stage 4 downtrend looks plausible at this point , might be forming a range ? Entry 176.09 Stop 179.68 PT 168.92, sell half and go BE on stop