One Trade a Week

[isatrader]

Canto your stop loss was hit for Dixons at 17.

Here's the closing trade details:

Closing Trade

Dixons Retail (LSE DXNS)
Direction: Short
Entry: 16
Exit: 17

Percentage loss: -5.88%

ATR Adjusted Percentage loss: -1.00%

Trade Grade: E

Unlucky Canto, this one had a big reversal today :-0

 

[isatrader]

Mike your stop loss for Corn was hit today at 688.

Here's the closing trade details:

Closing Trade

Corn (July Contract)
Direction: Long
Entry: 702
Exit: 688

Percentage loss: -1.99%

ATR Adjusted Percentage loss: -0.66%

Trade Grade: E

Another one that had a bit of a turnaround today. It was looking promising yesterday.

 

[isatrader]

Positions Update

Hi everyone, attached is the positions update for Wednesday.

 

[tradeAweek]

@isa: Can you please update my stop to break even to make it a risk free trade?

 

[isatrader]

@isa: Can you please update my stop to break even to make it a risk free trade?

Yep, no worries. I'll update it for you.

 

[tradeAweek]

@isa:
Moving stop to 35.40. Adjusting Take Profit to 34.70

Thanks.

 

[tradeAweek]

EXIT @ market.

34.88 on my system.

 

[isatrader]

EXIT @ market.

34.88 on my system.

Hi tradeAweek. Your closing time on the thread was 7.08pm, so the closing price I have is 34.945

Here's the closing trade details:

Closing Trade

Silver (July Contract)
Direction: Short
Entry: 36.7
Exit: 34.945

Percentage Gain: 5.02%

ATR Adjusted Percentage Gain: 1.52%

Trade Grade: A-

Well done tradeAweek, a nice A- trade and very likely to be the winner this week

 

[isatrader]

Hi collin2985, your trade in NYSE:BNS was exited at the close tonight.

Here's the closing trade details:

Closing Trade

Bank of Nova Scotia (NYSE:BNS)
Direction: Short
Entry: 58
Exit: 57.91

Percentage Gain: 0.16%

ATR Adjusted Percentage Gain: 0.10%

Trade Grade: C-

A late recovery for this one at the end of the week managed to bring it back just into positive territory after being down a lot earlier in the week.

I'll update the weeks results in the morning for everyone, but tradeAweek takes the win this week.

 

[collin2985]

I was down everyday until Friday on that one.

 

[tradeAweek]

Trade of the week.
Short Silver
Warehoused order.

Silver seems to have broken below the triangle consolidation last week. Will sell on a bounce.

 

[isatrader]

Week 21 Results

Name______ATR Adjusted Percentage
tradeAweek__________1.52%
isatrader____________1.07%
SlipperyC____________0.85%
Pat494_______________0.51%
collin2985____________0.10%
TradeTheEasyWay_____-0.66%
domgilberto1989______-0.99%
Canto1922___________-1.00%

Well done to tradeAweek for his first weekly win this quarter. :clap:

This coming week is the final week of Q2, so get your picks in as normal over the weekend.

 

[TradeTheEasyWay]

:smart:

My trade is an OCO this week. Ignore the news and these markets could go either way. I will have a short entry at Thursday's low and a long entry at Thursday's high, which ever one is triggered the remaining order will act as my stop.
Long: 1.4370
Short: 1.4100
target: 1.4890 / 1.3810

Mike

 

[Pat494]

Cable & Wireless
long
market
TP 56
SL 46

tks

 

[isatrader]

Like Mike, I think the market could go either way here as the S&P is hanging around the 200 day moving average. So I'm going to play what's been working, which is the TLT, as it's in a nice uptrend still with support around 95.

iShares Barclays 20+ Year Treasury Bond (TLT)
Warehoused
Stop: 93.4
Target: 101

 

[SlipperyC]

Hi All,

My trade (as ever) is the DAX.

Limit Buy at 7095
Stop: 6960
Target: 7350 +

Lets see if this bottom/trendline is going to hold!

 

[eegozi]

Hi,

First post on this Trade of the week. Like the idea.

Mine is SHORT SLV at One Cancels Other order to fill at $33.27 or $34.33 whichever comes first. Stop is at $35.27. Downside Target is $25 by the end of the year!! I realize this is not a week long trade and I dont usually trade for only a few day move so I will likely ride this out if filled.

Thanks...GL to all.

 

[collin2985]

Digital Realty Trust, Inc. Comm (NYSE: DLR )
Buy
Market order
Stop = 54.50
Target = no Target
Market on Close for Monday (exit me at the end of the day)

 

[isatrader]

Morning everyone. Sorry I'm a bit behind this week. Am just updating the picks spreadsheet and then I'll sort out the entries that have been filled so far.

 

[isatrader]

Week 22 Picks

Hi everyone, attached is this weeks trades spreadsheet and ATR targets for you. Also as the week is already under way there's two open trades on the sheets already and Pat is racing ahead.