Monday, June 25, 2012

6/25/19 - How to made 15% Portfolio Gain! EXPLAINED FOR YOU!!!

This is how I just made 15% return on my portfolio in 4 days... Now have break even stops in place and half positions across the board. Time counts + Trigger Price = 90% success rate trades. - AZ Please see my Last Post to get all my Exact entries and to look at what I was tracking b4 I entered! NEVER CHASE~~ Also Everything matched up with KING DOLLAR check UUP at bottom.
60% Gain 10% position = 6% portfolio Gain (SPY SHORT AUG PUT 135)
60% Gain 10% position = 6% portfolio Gain (SLV SHORT JULY PUT 28)
9.7% Gain 20% position = 2% portfolio Gain (BHP SHORT)

5. 8% Gain 20% position = 1.16% portfolio Gain (SCCO SHORT)
  • Time count, Pivot low, Rob f Smith Triangle, 50Ma Major Resistance!

  • Time Counts, 50ma Major Resistance, Gap filled, Monthly is so bearish measure move to $30.00



  •  Time Count, Descending Trendline, major level separation of price action, Weekly chart is Bear Flag
 
  • Bear Flag (pennant). Spinning top dogi. Micro Bear Flag (9 count)
 

  • UUP KING DOLLAR... Want to know market direction?!?!?! Learn the Dollar Chart.

Tuesday, June 19, 2012

New Shorts Acquired 6/19/12

  • SPY into top of Expanding Triangle (Rob f Smith).  into 50 ma confirmed resistance.
    • 50Ma Resistance has not yet been confirmed to the upside (still heavy resistance until close above today's highs)
  • Into double pivot low resistance at 136.00
  • If we get to Resistance 2 then short more.
  • Time count today into heavy resistance.
  • Overbought MACD
PICKED UP NEW SHORT POSITIONS!!!!

SHORT THE SPY at $136.00

AUG PUTS 135 strike @ $3.45

Target is below the 200Ma

Stop is confirmation above resistance 2

  • UUP Into Major Support.
  • Gap filled
  • Kiss of 50Ma
  • Pivot Low
  • Oversold MACD



  • I will Shorting SLV At these levels tomorrow I love this Short
  • ascending uptrend support is now broken support it has been hit too many times and is very minor. once hit again it will bust threw. 

  •  Check out the weekly SPY 



OTHER SHORTS ARE::



Wednesday, June 6, 2012

How To Analyze Shorts

The First stock we will analyze tonight is BHP. The Monthly Chart is your daddy and dictates the macro direction of the stock.... now look at this Huge H&S Pattern. The Measure Move here can potentially take this stock down to $30.00

Next Zoom in the Time frame and look at the Weekly Chart... In this case the weekly only shows an Inside Week. ready to play out the downside. I wont bore you with the boring pic so lets go to the daily next.
  • The Daily/60M/10M is where we find our Trigger price to take short. Never chase and Never Settle let the trade come to you. Always get the best possible entry or dont take the trade.
  • The Back test of this Descending Trendline has been hit once making it Minor Resistance.
  • The 20 Ma is confirmed Major Resistance....
  • The time count is a 3 which did not reach our trigger today much better success rate on a 7,9,or 14.... 
  • The 20Ma paired with the trend line makes 2 good resistance levels and is usually a great shorting opportunity.  This trade is not to be entered until a minimum of a 7 count as it as just started a new cycle up. There is a chance it goes through our resistance levels however my speculation is this... BHP may pierce the 20 Ma however most likely will not confirm above it... As BHP fights this trend and 20MA we can enter short on a 7 count with as long as we get a reversal candle that goes with it.
 


Next we goto SCCO which Is the next great shorting opportunity. Lets start with Monthly/Weekly then find our trigger price on the daily.
  • Monthly Shows Inside Month and Trading below 50 Ma.
  • Weekly Chart more Interesting look at this Nice BEAR FLAG 
  • Inside  Week
  • Below 200Ma and all Moving Averages. Also nice bearish Consolidation.

Now to find our Trigger on the Daily...
  • SCCO is on a 4 count, Must wait for a 7 count or 9 count into the 50Ma or lets see if the 20Ma will hold ....
  • No confirmation above the 20 MA YET... Must have a 2nd close above the HIGHS of the Breakout Candle to Confirm the 20Ma as support.
  • Wait for a Reversal Candle or the 50/200Ma to Enter a Short on this SCCO.

 






Tuesday, June 5, 2012

Where the Market is Going 6/5/12

PAY ATTENTION TO JPM... JPM IS THE MARKET... Financials = STOCK MARKET... and JPM is the leader... JPM put in a great bullish Case today however if this pattern fails then we are going to see a BIG MOVE DOWN!!! This is a great pattern however and should technically play out higher thus taking the markets up. however, with current situations being as dismal as they are anything is possible in the house of cards. 

Remember biggest moves come from failed patterns, the pattern is bullish so if it fails on any level @_@... that being said I am LONG THE MARKET as of TODAY

  • LONG SPY WITH JUNE CALLS 129 CALLS @ 1.63 (short term hold 132 target maybe even just 1 strong bounce day and i will exit this)
  • SHORT KO WITH JULY PUTS 72.5 @ 1.64 ( longer term trade maybe 2-3 weeks)
  • Inverse Head and Shoulders
  • 60m TIGHT BULL FLAG BEAUTIFUL Also a time count (7) on the Bull flag ready to pop tomorrow at the open~


  •  Reversal Candle on Daily
  • Major Support Line
 

Monday, June 4, 2012

Next Counter Trend Bounce

  • Looking for a bounce long SPX at wed(7 count) or Friday (9 count)... must have a reversal candle and I will go long... also we must not confirm under the 200MA... I thought we confirmed today however after close look we closed a tiny bit higher then yesterdays lows.
  • Dogi Candle Today 
  • Gap filled Today

    All comes down to Time Cycles and getting in at the right TIME, levels and price at this point are 2ndary to these mini cycles. Wait for that 7 or 9.. watch the price action and candles, look for churn.

  • Major support at 50Ma
  • coming into a 7 Count next week on Weekly.
  • Major support at pivot highs form December.
  • If you count from week 4/02/12 Weekly candle this week is a 9 which also leads me to believe bounce Next Week. 

II Am Holding a few KO PUTS (JULY ) picked up with breach of head and shoulders.