This post shows the 2 possible trades on tza today.  Each is making use of the 20ma not only to confirm the entry, but more important to help confirm weakness and the sell point.  I always look for what I call an accumulation candle to occur for the buy….one that [...]

A great example of a positive breakout.  Wait for the moving average crossover to sell, or because of the amount of profit take 1/2 off the table and let the rest stay in play. […]

Simple breakout of the daily high established from the opening candle of the day.  Place your stop depending upon your leverage.  The more shares, the closer the stop loss.  This was a very low risk trade if you used the low of day as your stop. Sell into strength or [...]

Here are some more possible trades for you to consider in TNA that occured during the afternoon today.  The first shows how you might play 3 different breakout moves and protect profits to the utmost degree, and the second shows how you could play it as a longer term hold [...]

Here is a current example (from today!) of how to trade quick high of day or low of day breakouts.  This one happens to be on TNA as it broke out of the high of the day. This type of trade is intended to be high risk and highly leveraged, [...]

Here's a look back at TNA and TZA for monday nov 22, 2011.  As some of you know this is the only thing that I am currently day trading with as I like the leveraging that it provides.  Some of you have asked how I make my trades.  While it's [...]

  We as humans are emotional.  We aren’t robots.  But I am striving to become a little more like a robot when it comes to trading; kind of the opposite of that guy Data from Star Trek who wanted to become more human.  I have specific parameters and rules to [...]

Adam called a great play on KITD (see below) to go long at the beginning of the day.  He then longed it as it broke out in a textbook play.  Good for about 5%.  Go Adam!!!!  Some other decent plays are below, but from what I saw most of the [...]

If you are interested in looking...still working on my breakouts after 10 am.  Today was a textbook day for this as the first 1/2 hour failed to produce long plays in most.  Notice how these breakouts can be fast and volatile.  I actually prefer the slower moving ones (look at [...]

While I like to focus on the positives :) , it's vastly more important to look at the moves that don't work.  Sometimes there is no rhyme or reason.  These 2 puzzled me today as they didn't move in line with the rest of the nasdaq group.  They aren't on [...]