Friday thoughts

218
silver has started to pull back a little now, pushing up the zsl, in reaction to the dollar, expected as mentioned this morning,

also the dollar looks like it may make abother move up after an intraday correction, if so then we can really see some nice movement in silver

216
70% short es scalp signal just rang, 1476 es

204
scalping individual stocks short, whose daily hi/low > 1.02, is working well today

158
HPT has moved up nicely higher for the day, but i'm scalping the intraday 15min and 3min charts short on it, for pullback. 3min bear flag. again, the daily is bullish so it's contra-trend trade but 15min chart looks like it could make a lower low

157
shorted HPT, scalp. personal trade but did not put this trade on vse.marketwatch.com port, since that port is near full invested.

1056
EUO looks like trying to test the impt 1878 prior daily high area, bullish euo, may send silver spx oil lower

1054
will actively trader ERY and sell at 7.00 if able for 3.4% gain, may need to sell at 6.9 instead for 2%ish

1053
if if market reacts to higher dollar, and if oil and spx both go down together, then ERY should do well since thats what it is...same with DUST and SPX silver gold

1053
long ERY scalp 6.76

1037
if you like island tops, check out USO oil.. thats a better example than spx, because USO also made a possible exhaustion gap up 2 days ago

1033
DUST: I may actively trade it and sell if it makes a higher hi on 3min chart. often used strategy, sell the second higher high. note on 3min chart DUST made a high, retreated to a higher low, so next i'm looking for a higher high, if able.

Silver ZSL i will trade less actively, using the 60min and daily charts for now as swing, and will hold the ZSL for now unless it makes a very big move to resist (silver supp)


1023
If layering in TZA from prior 1170 buy target, next layer to buy is 11.33.... may be a bit more pain and a trip down there if Investment Banks get their way, Market Makers are accumulating but it often makes it to the Investment Bank levels

1021
Market Makers are gently selling right now intraday, at this level 1475... but the "gentle selling" is often layered, and they will let it drift higher sometimes and just keep selling it softly

they were doing it yest too

1015
notice that us dollar is higher, and silver is also higher:  the dollar usually wins in this situation and sends silver metals commodities lower

excellent risk:reward opp imo, to be shorting silver, esp at this level


948
EUO has borken marginally yest high, needs to get over tues wedn highs to really move up, over 18.78...of course the futures eur/usd and dx and uup and single 1x etfs will give more accurate targets.... if the EUO continues up, it will put selling pressure on spx iwm silver gold


941
still have order to sell DUST at 36.30 if able, may adjust lower later

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Thurs thoughts

Portfolio Performance Results

1.) Gain of 19,299 for 100k
100k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 19,299 since inception about 3 months ago. This also includes a deduction of $5 per trade for commissions. See yellow links below for details.


2.) Gain of 11,809 for 25k
25k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 11,809 since inception April 2012.  This also includes a deduction of $5 per trade for commissions. See yellow links below for details.

356
i exited tza. i will keep the spxu, all of it probably

346
i'm going to sell the TZA and all or some of the spxu before the close today. i will keep zsl dust and amd.

255
74% scalp short rang, ES 1479


228
im not trading it but uvxy is perking up intraday,,, the 15 and 60min charts on it are bullish: large green candles, followed by smaller red candles, and a higher low

that may cause the spx to fall


137
lim sell DUST 34.40 if able

127
WOW this is very unusual and possibly bearish for the IWM: but the Market Maker BUY levels are now LOWER than the investment bank buy levels. almost always, the Inv Bank levels are lower. This suggests that some Marketmakers are short the IWM, as mentinoed before they aer shorting into this gently. But those MM are not interesting in covering until around 86.77 IWM


118
It's a VERY good sign for shorts that Market Makers are selling into this gently. AND ALSO it is at Investment Banks sell levels. i remain short from 1469 ES on Jan 10...its been 7 days but swing shorts take awhile sometimes

notice that 3 days ago, i said to watch for tza 11.70 level, investment bank level. that level was hit today and gently bought tza there. 1150 tza is next level

but, modest target on first down is 1425 es,,,maybe more later but prob get bought 1425 on first try, will just look at reactions




1244
Market Makers are gently selling into this little by little. Usually that results in lower prices, although it sometimes takes 1-5 days. And some prior Investment Bank sell levels have also been hit


1229
1477 ES,,,70% scalp short ES signal just rang, tho usually entry makes more sense 72--78%

1218
EUO is trying to move higher here on 15min chart. this can push silver gold and spx lower. goal is to have EUO close over yesterdays high, which it prob wont do today, but may test 1867--1875

Todays gap down in SLV correlates with yesterdays rise in EUO

1140
long tza 1167

1045
a purely mechanical auto trade system, that uses both long and short, is profitable for the last 10 years, and the last 6 years, says remain short for multiday multiweek holding times. historically this has produced better gains long than short, and in fact the short trades are basically hedges but always are taken nonetheless, and sometimes a huge year comes as a result. i will try to post the trade history on the system later.

that does not mean that THIS short will be profitable, maybe it will take a loss, but if taking all the trades long and short, the net is profitable

the system is never long and short the spx at the same time, and it uses SPY not russel

1017
in DUST 33.35

1010
lim buy DUST 3345

953
i have an order to buy TZA, good today only, at 11.51.  I may later consider buying at that 1170 trgt, but not yet.


8:55
TZA is near yesterdays posted buy target of 11.70, last 11.79, but I will not buy TZA yet. Will wait to buy it since it may want to go under 11.63.

8:47 AM
ZSL is trading higher pre-market near 46.50. For now, I have an order to sell ZSL at 47.89 (from yesterday buy at 46.12).
I'll see how it acts in the first 5-60 minutes of trading from 9:30--10:30, and may exit at a lower profit if the 47.89 is not hit.

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Performance Results: $ Gains of 19,000 and $11,000

Portfolio Performance Results

1.) Gain of 19,299 for 100k
100k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 19,299 since inception about 3 months ago. This also includes a deduction of $5 per trade for commissions.


2.) Gain of 11,809 for 25k
25k portfolio account has gains (includes deduction for all losses, as well as deduction for unrealized losses) of 11,809 since inception April 2012.  This also includes a deduction of $5 per trade for commissions.

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-100k-port/portfolio/Holdings 

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings

http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:

http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Wedn post

401
EUO closed right at resistance, accompanied by a bullish morning star daily pattern 4 days, often when that happens, the resist will break higher, if so bullish for EUO and bearish for metals spx

355
a last minute surge up EUO, accompanied by not much movement on ES from here, would be very ideal if swing short, though EUO doesnt look like it will do it

351
exited cern small profit near breakeven, dud
i changed mind and will take profits on DUST today and keep zsl overnight

350
I will exit CERN sclp by 3:59 today

341
Investment banks want tza at 1470 if they can get it, buy level for last 2 days tho never hit

333
imo, better for shorts if the spx does NOT sell off today (swing)

317
I wanted to take profits on DUST today but unless it moves higher, i will keep this swing. it's in the profit zone, but should go higher than this.

Also I plan to keep the ZSL as well, unless it moves.
I believe that the bullish action on the EUO will push gold spx silver down, and DUST and ZSL higher.

209
spx:  more probable that over 1474 would happen in the morning not at close, but who knows?
still see lower spx, and remain in the spxu swing

141
bounced off support, glad i exited the SQQQ  for small gain. the small gain is better than breakeven, which is where it is now

118
AMD is now challenging its prior 5 day high 2.77, expecting higher AMD in coming days weeks

101
on narrow range days like this, it often works well to scan for stocks whose high/low of day > 1.02 (2%), and then look at those for opps for daytrading

100
went scalp long CERN at 7895. could also be a swiung

1246
took smallo gain on SQQQ

1240
if Market Makers raise their ask price,,,price will go up without need to raise the bid...havent raised asks yet tho

1240
i might exit SQQQ in next 3--60 minutes, watching it. only small profit on narrow range day if i exit....take what comes...better than a loss..watching a bit longer


1209
1466/1468 adjusted es range,changed

1202
ES 1466--1467.50: break of either has a bias to continue shortly in dir of break

1201
wow only a half point spread between buy and sell levels market makers, very rare, and might produce a sudden move, watching

1158
very tight Market Maker buy sell levels, means they r in algo trade mode...watching for a move in the bid or ask that may give clue to the direction of break. atm, bias lower intraday

1154
1467 es, 72% short bias scalp signal rang

1139
added more zsl, almost same price as before,just want mor shares for scalp pop

1133
looking for EUO to close above yesterdays high. that would confirm the morning star candle formation posted yest. if it does, bullish for euo, which could send spx iwm nicely lower.

1130
tza 11.70 is still a buy level it it drops down there, might buy, unsure. also might not make it there either.

1102
further, the QQQ have fallen back "inside' the flag after breaking it higher, another swing bearish sign

1102
If you look at QQQ chart from dec 28 until jan 9, you see a bull flag that broke out. HOWEVER, it is having the look of a failed breakout, since no new real highs have been made since the "flag" broke higher.  QQQ may be headed to 65.00, last 66.84

1057
i saw some MarketMaker lowering the ask price on silver, which is why i took zsl near .09 instead of .03

1056
long ZSL, in a bit higher

1027
long SQQQ

1017
watching for a second higher high on 3min charts in silver, to short at second high if possible, near 33.40ish slv, using ZSL

1008
i will buy ZSL limit 46.03, above the 42.90 pullback target, good only for today

957
i'm looking for entry in ZSL but no entry yet, for scalp.


935
44.90 GDX market maker level lower, trying for that in the DUST, if able

933
DUST is outperforming TZA:  Dust up 2.5% today since yest, vs 1% tza

908
I have an order to take profits on DUST swing at 33.70 if it gets there. may adjust the target later, but for now let's see if it pops nicely at the open or not. if so, i'll take the profit and exit.

Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Tuesday thoughts

357
out of tza scalp, breakeven

333
some selling in next 30 minutes possible, ES

326
long tza .86

301
tza has now dropped 1% since we took profits on it. thats why i dont like going against the market makers, esp when its near support or resist at same time. nonethelss, i am NOT buying the tza back again down here, will wait for poss lower

247
may scalp dust again if it drops to 32.10
still holding the dust swing , seperate trade


240
tza may make another low at 1175, which is another reason i exited.
i might consider buying tza at 1150 or 1175


233
: due to marketmaker
 i'm not sure why, but they are buying at least mildly here, may just be playing games but its only a scalp so i took the quick lil scalp
they have raised the bid and ask both in IWM, so i went out...but again timeframe is scalp
 ES is at that impt level now---if it breaks lower it can accell sellingg more, just didnt want to hang around with a scalp

231
took scalp porfit on tza 1.1%

158
changed mind, early took profits on DUST scalp.

156
for scalp dust, not swing dust (2 diff positions)

156
DUST trgt is move lower in gdx to 45.40, if possible, big red candle on it now at .68

131
ES  a break lower of 1468 then 1467 could accelerate selling, above that will be mild imo...break possible

118
AAPL hit its long term 488 target lower, short target multimonth hold, today. out of aapl shorts,  classic example of failed breakout when aapl went over 685 and then sent back under it. on daily chart

112
EUO has a morning star forming, bullish 3 day candle pattern pattern for EUO would be bearish for spx silver oil since a higher dollar. pattern needs to be confirmed with a subsequent daily close above the 3 day high on the EUO

NOt sure if the EUO morn star will rally the EUO higher, but this formation is "textbook" classic, if anyone wants to see a classic example in a real chart.  Of course, maybe if its "textbnook" that would be bad LOL

1247
72% short scalp bias rang ES 1470

1231
long tza. scalp

1208
also silver 60 min chart= bearish rising wedge

1206
out of AGQ. small profit.

went long dust for scalp. diff trade than dust swing

1132
im likely to exit silver long scalp in next hour, maybe in next 6 minutes

1125
for swing, spx 1455 maybe target, but this swing is from an automated system that does not use pure price targets, it also uses momentum and will exit before the target if momentum wanes. conversely if momentum accelerates, it will overshoot the target for a higher profit.

1122
will sell at 4723 AGQ if it gets there, may not get that high but order in place in case a sudden move higher comes

1113
i might scalp uvxy in an hour from now,last 13.66

1101
i plan to exit AGQ silver long on the next higher high on 3min chart, if i can. else will exit early. same strategy discussed yesterday: buy the second lower low long, sell the second higher high. and opposite for shorts ...

1059
still have swing short signal on SPX, from 2 days ago

1034
long AGQ. scalp

Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Monday thoughts

357
took profits on vse.marketwatch.com port since they dont allow afterhours, for UVXY. i will also exit UVXY scalp piece (not swing) b4 close today

352
see if 3min uvxy can make the higher hi, to exit

344
here is first pullback on UVXY 3min since scalp, which suggests the next move up is the spot to take profits (sell the second higher hi), if able,,,,still have time b4 the 4pm

337
1399 market maker level 1 on UVXY
trying to get 1397 for the scalp

321
UVXY scalp 1358 here

317
Dust may go lower today, but can also reverse higher, and this is the pivot entry from 2 days ago, so bought it here. Also, Market Makers have again dropped bids on the ASK in silver and gold, which may push DUST up before the close


317
Bought DUST for swing. 32.85.

308
between now and 3:59 pm today, i will buy DUST for SWing (dust is bearish GDX 3x)

253
it's only a small gain on ZSL, but its not moving and could easily move either way.  Market Makers in silver have raised the bid on the ask, so it could pop higher in silver, lower zsl. not worth risk to me holding it as scalp. will look to re-enter maybe later.

252
took profit on ZSL

225
on silver, Market Makers have been dropping the ask, watching to see if that pushes silver scalp lower (higher zsl)

136
zsl is bear silver etf. for scalp.

135
long zsl

127
NUGT may go higher, but its at resist, and has stalled on 3 min chart. So i'll just wait for GDX  NUGT and DUST to drift further up or down and then decide if another scalp makes sense

127
took small profit on nugt. out.

1237
long nugt scalp

1140
took profit on DUST 32.90
will look to re-enter again later

1056
long DUST scalp
'
Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Friday thoughts

406
one frustrating thing about vse.marketwatch.com is if you try to place an order at 3:58PM it sometimes does not go through, and it does not let you use afterhours, so need to wait for next day for the order to be filled.

358
took scalp profits on DUST

325
1466 es, 72% short bias intraday rang on ES, tho may not be much meat on it


14.01 i'll buy a little UVXY if it gets down there. good for today only.

314
UUP and EUO are close to their daily highs, if they break over them, it can wreak some intraday havoc in the metals and send gold silver lower,

307
market maker buy sell levels are near the boll band levels for 15min chart of DUST  GDX: for gdx they are 45.20 and 45.51

251
70% ES short scalp signal rang her 1465

145
33.20 dust is approx calc of where market makers have their first sell level in GDX

138
3325  3350  3390  3500 dust targets...it can move fast so i'll be watching reaction at each target and then make a decision.  still looks like dollar could move which would help dust

135
long DUST

125
i remain short the sp500 via spxu from yest, swing

124
EUO looks like it may move higher, us dollar, and that could push silver back lower, intraday scalp
not worth risk reward imo to hold the scalp, can always buy it back again if slv agq moves lower

123
exited silver scalp agq early, small profit,m under trgt, will explain more later

1118
44.48 AGQ trgt, will sell there to take profit if able

1054
long agq for scalp


1010
for SPX swing short from yesterday, the first dip lower will likely be bought, so i plan to cover the short and take profits on that, then wait for a bounce to reshort it. If a second short sets up, then that second one should be the "big" one lower

1000
DUST has soared higher today nicely.

Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".