One Trade a Week

[isatrader]

ok thats fine with me
Stop and TP is 5$ away from the entry price .
Regards

Ok thanks tar, here's your ATR targets based on Fridays close of 102.35

ATR Targets

Daily ATR(200) = 1.5579 (1.52%)
Weekly ATR(52) = 4.0133 (3.92%)

-1x ATR: 103.91
1x ATR: 100.79
1.5x ATR: 100.01
2x ATR: 99.23

good luck mate

 

[isatrader]

Usual reminder to everyone that wants to take part this week. Entries must be in by midnight (GMT) today.

 

[Black Swan]

Been looking at Aggreko (long), orders perhaps from Japan for short term solutions..
Rolls Royce (short) short term supply difficulty ditto..
Plenty of plays due to the disaster, Serco + other security companies? But not my vibe..

So I'm shorting Starbucks..Market order, limit at 3560, stop at 3760..

Have a feeling if I'm wrong with this it'll be in first couple of days trading this week.

 

[isatrader]

Been looking at Aggreko (long), orders perhaps from Japan for short term solutions..
Rolls Royce (short) short term supply difficulty ditto..
Plenty of plays due to the disaster, Serco + other security companies? But not my vibe..

So I'm shorting Starbucks..Market order, limit at 3560, stop at 3760..

Have a feeling if I'm wrong with this it'll be in first couple of days trading this week.

Thanks Black Swan, I can see the logic behind this one, but like you said you'll know quickly if your wrong and the momentum carries it higher instead. Here are your ATR targets based on Fridays close of 36.56

ATR Targets

Daily ATR(200) = 0.72 (1.97%)
Weekly ATR(52) = 1.68 (4.60%)

-1x ATR: 37.28
1x ATR: 35.84
1.5x ATR: 35.48
2x ATR: 35.12

Good luck

 

[isatrader]

Spot Gold and Silver making strong moves up tonight. Silver is up 1.4% already

 

[isatrader]

enter !

Is too early tar. Competition doesn't start until midnight (GMT). So another hour and 20 minutes.

 

[wigtrade]

JMAT (Johnson Matthey) - BUY

Long 1810
Stop 1770
Target 1900

JMAT Making pullback to 1780 price pivot level supported by rising trendline from nov08 lows and with some 50fib confluence for any stargazers out there

throw some bullish indicator divergence into the mix (swing trap anyone) and its a decent looking setup.

I'm trading this on open on my SB account tomorrow but will set a buy order at 1810 for this compo :idea:

cheers,
Wig

 

[isatrader]

JMAT (Johnson Matthey) - BUY

Long 1810
Stop 1770
Target 1900

JMAT Making pullback to 1780 price pivot level supported by rising trendline from nov08 lows and with some 50fib confluence for any stargazers out there

throw some bullish indicator divergence into the mix (swing trap anyone) and its a decent looking setup.

I'm trading this on open on my SB account tomorrow but will set a buy order at 1810 for this compo :idea:

cheers,
Wig

Thanks wig, here are your ATR targets for JMAT.L

ATR Targets

Daily ATR(200) = 39.47 (2.18%)
Weekly ATR(52) = 100.44 (5.55%)

-1x ATR: 1770.53
1x ATR: 1849.47
1.5x ATR: 1869.21
2x ATR: 1888.94

Good luck

 

[isatrader]

Week 7 Trades and Spreadsheet

Here are all the trades for week 7 which is about to start. A good mix again with 4 stock trades, 2 forex, 1 commodity and 1 Index.

Week 7 Picks

TradeTheEasyWay
GBPUSD (FX:GBPUSD)
Direction: Long
Limit order: 1.6086
Stop: 1.5965
Target: 1.6498

tar
Nymex Crude futures May11 (NYMEX:CL\K11)
Direction: Short
Warehoused order: Manual entry during the week
Stop: +$5
Target: -$5

SlipperyC
DAX (DBI DAX)
Direction: Long
Limit order: 6880
Stop: 6790
Target: 7000

Pat494
Phsiomics (LSEYC)
Direction: Long
Market order: Will be filled at the open on Monday
Stop: 0.36 (estimate - needs to be set)
Target: 0.525 (estimate - needs to be set)

chilltrader
EURUSD (FX:EURUSD)
Direction: Long
Warehoused order: Manual entry during the week
Stop: 1.3780
Target: 1.4020

isatrader
BG Group (LSE:BG.)
Direction: Long
Warehoused order: Manual entry during the week
Stop: 1394
Target: 1531

Black Swan
Starbucks (NYMEX:SBUX)
Direction: Short
Market order: Will be filled at the open on Monday
Stop: 37.60
Target: 35.60

wigtrade
Johnson Matthey (LSE:JMAT)
Direction: Long
Limit order: 1810
Stop: 1770
Target: 1900

Good luck everyone and let me know if you need any changes to your pick

Below is the detailed spreadsheet screenshot.

Cheers

David

 

[isatrader]

Ok, I'm signing off now as got some work to do. I won't be around until later in the morning tomorrow so I will post the open trades as soon as I can.

 

[SlipperyC]

oohh! 6880 on the nose! So far!! Will consider moving my stop up later.

 

[chilltrader]

Enter

 

[Pat494]

Pat494
Physiomics (LSEYC)
Direction: Long
Market order: Will be filled at the open on Monday
Stop: 0.36 (estimate - needs to be set)
Target: 0.525 (estimate - needs to be set)

stop and limit fine thanks

 

[chilltrader]

Enter

modified stop and target...

EURUSD (FX:EURUSD)
Direction: Long
Stop: 1.3825
Target: 1.4025

 

[isatrader]

Pat your market order for PYC.L was filled at the open at 0.405, so therefore:

Trade Details:
Physiomics (LSEYC)
Direction: Long
Entry: 0.405
Stop: 0.36
Target: 0.525

Percentage Risk: 12.50%
Target Gain: 29.63%

Risk Ratio: 2.37

Daily ATR(200): 0.055 (13.58%)
Weekly ATR(52): 0.1249 (30.84%)

ATR Targets

-1x ATR: 0.350
1x ATR: 0.460
1.5x ATR: 0.4875
2x ATR: 0.515

Good luck Pat and let me know you stop and targets please

 

[isatrader]

Enter

Thanks chilltrader, you were filled at 8.28am at 1.3910 so therefore

Trade Details:
EURUSD (FX:EURUSD)
Direction: Long
Entry: 1.3910
Stop: 1.3825
Target: 1.4025

Percentage Risk: 0.61%
Target Gain: 0.83%

Risk Ratio: 1.34

Daily ATR(200): 0.0121 (0.87%)
Weekly ATR(52): 0.0372 (2.67%)

ATR Targets
-1x ATR: 1.3789
1x ATR: 1.4031
1.5x ATR: 1.4092
2x ATR: 1.4152

Good luck

 

[isatrader]

SlipperyC your limit order for the DAX was filled at 8.09am, so therefore:

Trade Details:
DAX Index (DBI DAX)
Direction: Long
Entry: 6880
Stop: 6790
Target: 7000

Percentage Risk: 1.33%
Target Gain: 1.74%

Risk Ratio: 1.32

Daily ATR(200): 92.38 (1.34%)
Weekly ATR(52): 230.37 (3.35%)

ATR Targets
-1x ATR: 6787.62
1x ATR: 6972.38
1.5x ATR: 7018.57
2x ATR: 7064.76

Good luck

 

[isatrader]

TradeTheEasyWay your limit order for GBPUSD was hit at 9.06am

Trade Details:
GBPUSD (FX:GBPUSD)
Direction: Long
Entry: 1.6086
Stop: 1.5965
Target: 1.6498

Percentage Risk: 0.76%
Target Gain: 2.56%

Risk Ratio: 3.38

Daily ATR(200): 0.0114 (0.71%)
Weekly ATR(52): 0.0342 (2.13%)

ATR Targets
-1x ATR: 1.5972
1x ATR: 1.6200
1.5x ATR: 1.6257
2x ATR: 1.6314

Good luck

 

[isatrader]

enter

 

[isatrader]

enter

The closing price for BG.L at 10.00am was 1483.5, so therefore

Trade Details:
BG Group (LSE:BG.)
Direction: Long
Entry: 1483.5
Stop: 1444
Target: 1545

Percentage Risk: 2.74%
Target Gain: 3.20%

Risk Ratio: 1.17

Daily ATR(200): 31.01 (2.09%)
Weekly ATR(52): 69.40 (4.68%)

ATR Targets
-1x ATR: 1452.49
1x ATR: 1514.51
1.5x ATR: 1530.02
2x ATR: 1545.52

Got some good volume on this at the open, so hopefully will have some momentum.