Daily signals #ETF 2015 – 04 – 21

Thought of the day: “All truths are easy to understand them once they are discovered. The point is to discover them”, Gallieleo Gallilei

  • Great traders are not smarter, they have smarter trading habits
  • If You are interested in short-selling, trading systems, position sizing, trading psychology, visit us at: www.alphasecurecapital.com
  1. PGJ Bullish strength 2015-04-21.png
  2. PALL Bearish Strength 2015-04-21.png
  3. SGG Bearish Strength 2015-04-21.png
  4. ASHR BUllish Strength 2015-04-21.png
  5. EDEN Bullisg Strength 2015-04-21.png
  6. EWT Bullish Strength 2015-04-21.png
  7. JNK Bullish Strength 2015-04-21.png

  • Bullish weakness: Longer-term trend is bullish. There has been some temporary weakness, but the uptrend is likely to resume
  • Bearish strength: Longer-term trend is bearish. There has been some temporary rally, but the downtrend is likely to resume
  • Volatility Channels (Horizontal dotted lines) : Markets often retest swings. This is a volatility buffer to allow wiggle room.
  • Volatility Channel: Think of the other side of a volatility channel of the distance it would take to close half the position to break even if the remainder was to hit the stop loss
  • #n%: Think of it as a rudimentary equity at risk position sizing. It is 1% divided by the distance from the day the swing is recorded to the volatility channel
  • Disclaimer: this is neither a solicitation, nor an investment advice
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