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From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 3:26 pm ET
2008/01/03-Long TD.TO @ $68, stop loss @ $ 66, risk per unit $2.03 (3.0%)
and my entry ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 11:31 am ET
2008/01/03-Long BLD.TO @ $5.59, stop loss @ $ 5.2, risk per unit $0.40(7.2%) I wrote about this stock here. I don’t usually like to trade low priced stocks but this one is starting ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 11:13 am ET
2008/01/03-Long LH.TO @ $75.643, stop loss @ $ 74, risk per unit $1.64(2.2%)
I am back into LH after a short consolidation. This is a fundamentally strong stock and I wrote about it multiple times in ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 10:58 am ET
2008/01/03-Long L.TO @ $34.59, stop loss @ $ 34, risk per unit $0.65(1.9%)
I have been watching this stock for awhile now. I’m entering to capture a "possible" quick bounce to the 39 area. Note the ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 10:45 am ET
=>ENTRY:2007/12/31-Long G.TO at 33.795, stop@32, risk/unit $0.00 (9.4%) =>EXIT :2007/12/31- 800 at 37, Net PL $ 2,544.00 (9.4%) 3 days
=>ENTRY:2007/12/28-Long G.TO at 33.4, stop@32, risk/unit $0.00 (10.5%) =>EXIT :2007/12/28- 200 at ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 10:15 am ET
I’ve tried Cameco before but because of production problems in one of their mines the stock didn’t do to well. I am now getting back into it based on my "failure to drop" setup. My ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 10:11 am ET
=>ENTRY:2007/12/28-Long G.TO at 33.4, stop@32, risk/unit $1.42 (7.2%) =>EXIT :2007/12/28- 700 at 36.54, Net PL $ 2,806.00 (9.3%) 6 days ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 2:38 am ET
I’ve tried Cameco in the past but it was not ready for prime yet as it was dealing with limited production at the Rabit plant. The price action over the last few days looks to ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 3, 2021 at 12:46 am ET
Well, the INDU dropped a good 200 points today and most of it’s components were down, with the exception of one I guess. The situation was not very different in other indices. The NYSE had ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 2, 2021 at 8:54 pm ET
Since the whole Maple Leafs team is now talking about Gold, let’s look at the long term history of this precious metal
The following is the monthly chart since 1975… the 900,1000 level seems to be ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 2, 2021 at 8:10 pm ET
The following is a very large weekly chart with some of my observations on the current state of the Dow Jones Industrial Index (INDU). In summary:
1) Looks like it has formed a head and shoulders, ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 2, 2021 at 7:18 pm ET
Accordingly to Hugh Moore, partner with Guerite Advisors in Greenville, South Carolina, Stagflation is the worst of all worlds. You can’t lower rates without stimulating inflation pressures and you can’t raise rates because the economy ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 2, 2021 at 4:18 pm ET
My system gave me a sell signal on KO (yes, and many other stocks) but Coca-Cola has enjoyed a nice and refreshing trend since April this year…. perhaps it needs to ‘warm’ a bit… ... ( more)
From TradeForGain - view blog entries - visit this blogJanuary 2, 2021 at 12:42 pm ET
Gold shoots up with the market fall today. If you have been following my posts, I first pointed the breakout on gold here. Then, on the last day of the year I closed most of ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 31, 2020 at 11:25 am ET
It’s just incredible how some people have nothing better to do. My blog has been flooded with spam comments. I’m trying to find technical workaround (probably a plugin or upgrade) but in the mean time ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 28, 2020 at 1:31 pm ET
Sometimes you just need a push to do what you really want to do. This morning I’ve received this most interesting comment from a reader named Pete. Here’s a summary of what he wrote:
Hey there, ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 27, 2020 at 5:24 pm ET
If you follow this blog you probably know that one of my favourite setups is the "failed patterns". Why do I like these setups?
Simple and visual - only require 2 steps
Capitalize on emotions, supply ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 26, 2020 at 4:37 pm ET
Most of my positions went up today but the big help came from US Steel (X:NYSE).
Today I closed my position on Citicorp (C:NYSE) at break even, decided to move ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 26, 2020 at 10:34 am ET
2007/12/26-Long TIVO @ $8.58, stop loss @ $ 8.4, risk per unit $0.19(2.1%)
TiVo Inc. is a provider of technology and services for digital video recorders (DVR). TiVo offers such features as Season Pass recordings, WishList ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 25, 2020 at 1:27 pm ET
Sometimes trading just looks so simple if you just think of it as supply and demand. Candlesticks are not different than bars (IMO) but sometimes they just give you a better visual indication of the ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 25, 2020 at 9:37 am ET
EUR/USD
Intraday Daily Weekly
USD/CAD
Intraday
Daily-short term
Daily-longer term
Weekly ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 24, 2020 at 3:01 pm ET
The Dow Industrial (INDU) index advanced 98 points today, closing comfortably above the 50dma. This could be a sucker’s rally but I would start to get uncomfortable I was short on the index.
Daily View ... ( more)
From TradeForGain - view blog entries - visit this blogDecember 23, 2020 at 11:11 am ET
Money manager Jim O’Shaughnessy, who oversees about $11 billion in assets, said to Reuters on Tuesday that the sell-off in U.S. bank stocks may have run its course. read more here. ... ( more)
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