KaizenTrader

KaizenTrader

What a year! The Fed, optimistic market assumptions regarding pro-business legislation, and a return of strong corporate earnings. I was definitely ready to go bearish when I heard the relatively hawkish statements from the Fed recently, but it looks like equities will just keep grinding up until we have some serious paradigm shifts in the markets. It's great to...

KaizenTrader

I am a mid-long term bear on the market and I am still holding my shorts on tech stocks and long VIX positions until at least next monday to see what happens. That being said, I think it is important to just remind myself to manage my bear expectations for this move. I have been short since August and I don't think I am alone as a bearish trader thirsty for a move...

KaizenTrader

Just trying to update a little more often on here. Shorted heavily on the first red daily doji yesterday and closed half this morning due to a possible bounce back up. Holding the other half in case the bounce turns out to be a double top like 2013 :) Cheers

KaizenTrader

First off, wow. What. A. Time. To. Be. Alive. Love seeing BTC rise again, but buyers may soon be exhausted after the last major leg up. I know this doesn't qualify as a channel yet, but I drew one anyway, sue me. The $660 level is a possible stop point due to the 50% retrace from the all time highs years ago. The supporting rising trendline on the bottom is...

KaizenTrader

Wanted exposure to ETH recently and decided to acquire some at this level before a potential breakout. It was just a naked buy with no leverage so I am not really concerned for the time being. I wouldn't be surprised to see ETH trading in the 20s sometime this year.

KaizenTrader

Fairly simple support and resistance levels shown on the chart. The SP500 loves to bounce between these buy and sell zones. If price closes above 212 then the story can change but even then, we are seeing another resistance level. We are sitting at 2100 as I write this with 20 minutes left in the trading day. If oil breaks above 50 then this range trade is no...

KaizenTrader

Long for the time being due to bullish price action. I found it fascinating how price exploded post fed minutes though. I was moving my stops lower prior to the fed minutes expecting serious volatility but price simply kept going up. Next resistance is the previous high and be cautious since this is leg 5 on the daily charts for me. Cheers :)

KaizenTrader

It's pretty simplistic for me at this point. Retrace from an entire month's bull run starting in the last few days. Shorts on various tech stocks aimed at the confluence of the 38% retracement and rising trendline. Once we are at that level, PA will show us whether the 50% retracement or further will be relevant levels to look at. Cheers :)

KaizenTrader

Trade Outlook Look to short at the 2040 zone but don't expect follow-through to the downside. If price falls from there, then great, but there is definitely a possibility of a retest of recent highs at around the 2140 level. If you take a look at price action during the 2000 and 2007-2008 market declines, there was a great deal of bullish pushbacks and ultimately...

KaizenTrader

This is my simple technical view for the SP500 as of 9/30/15. -Price is approaching a shorter term bearish trendline and if it cannot break it, we may simply continue downward toward the 1840 level. -Some may believe we have retraced and see a double bottom forming. This will lead to a break of this short term bearish trendline and the range on the chart will...

KaizenTrader

My most active positioning has involved this stock and NFLX since the pullback we had on Aug 24th. We are witnessing a controlled demolition of BABA and there is likely more downside to come. Why am I so confident shorting BABA frequently? 1) The multiple lockup expirations we had this year were a major contributor to the constant bleeding this stock has...

KaizenTrader

-BOE and the Fed are the most hawkish central banks right now. Going long euro is tempting but having a dovish ECB makes that a weaker fundamental play. Most importantly, there is serious speculation between whether the Fed really will raise rates or if QE4 is coming. In my view this indicates an over sell-off of the Pound has occured and it's time for some...

KaizenTrader

This is my favorite trade from a fundamental perspective at the moment and is the best way to position oneself following the FOMC interest rate decision. Due to my bearish sentiment on US equities, the flight to safehavens like the yen is a theme I am very confident will play out. Interest rate maintenance for the US dollar now clears the way for the yen to...

KaizenTrader

With a 3 day weekend coming up and China still a major bearish fundamental influence, I am shorting certain speculative tech stocks that will likely take the most short term punishment. TSLA is one of them and I like how a technical trend channel is providing a great entry for a short. I expect at least a minor selloff on Friday for traders/investors that simply...

KaizenTrader

With the Nikkei 225 and Hang Seng starting off the week in the red, I expect at least a moderate selloff in NY tomorrow. The SP futures are currently in the red as well so I am fairly confident in shorting UJ with the expectation for capital to flow into yen seeking a safe haven currency for now. *I tried shorting it as I planned in my previous idea for a short...

KaizenTrader

Definitely looking to continue riding down the USDJPY. Simply waiting for an appropriate retracement from the extensive selling we have witness in conjunction with global equities. The yen is in demand fundamentally as a safe haven currency and will continue to appreciate in my opinion. If you look at a weekly chart, there is a lot more room for this pair to go down.

KaizenTrader

I am looking to enter a range trade within a possible new rising trend channel being formed. Intending to open multiple positions with the first TP point labeled on the chart. It is a fairly conservative and purely technical trade. It should play out because any meaningful breaks of the trendline are unlikely until the heavy news day for the CAD this coming Friday.

KaizenTrader

Technical Factors 1. Possible 76% retracement as an optimal entry zone for a short trade. It was briefly pierced but it isn't conclusive. 2. Supporting trendline has been possibly broken but before we enter the trade this needs to be confirmed. As of now it appears price is courting the trendline upwards. A decisive move downwards will give me the greenlight...