One Trade a Week

I refer you to post 453 thanks

Yep no worries, I saw it after I'd posted it. Thanks

Your pick is storming ahead at the moment. You've made a 1.18% ATR adjusted gain currently. I didn't realise penny stocks had so much volume. Bit too volatile for me though, I'll stick to the FTSE 350 and S&P 500 stocks
 
Black Swan you were filled at the market open for SBUX of 36.31, below is the full trade details and your updated ATR targets

Trade Details:
Starbucks (NYMEX:SBUX)
Direction: Short
Entry: 36.31
Stop: 37.60
Target: 35.60

Percentage Risk: 3.55%
Target Gain: 1.99%

Risk Ratio: 0.56

Daily ATR(200): 0.72 (1.98%)
Weekly ATR(52): 1.68 (4.63%)

ATR Targets
-1x ATR: 37.03
1x ATR: 35.59
1.5x ATR: 35.23
2x ATR: 34.87

Good luck and let me know if you want to adjust your stop and target now you have an the entry price.
 
Last edited:
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.

5%+ up today...
 
Close Starbucks; should be approx 1.7%

I think you've made a mistake, it is just under the 36 level at your exit time. I need to wait for the official price as the BATS price gets updated to real price 15 minutes after but it's only around 0.5% ATR adjusted.

Are your sure you want to exit? As I'm willing to let you stay in as I think it's a mistake.
 
Ok, is too late now. Black Swan your exit time was 2.48pm. I will do the closing trade details a bit later for you.
 
Ok Black Swan you exited SBUX at 2.48pm. The closing price was 35.98

Closing Trade

Starbucks (NYMEX:SBUX)
Direction: Short

Entry: 36.31
Exit: 35.98

Percentage Gain: 0.92%

ATR Adjusted Percentage Gain: 0.46%

Well done, a quick profit for the week.
 
Ok Black Swan you exited SBUX at 2.48pm. The closing price was 35.98

Closing Trade

Starbucks (NYMEX:SBUX)
Direction: Short

Entry: 36.31
Exit: 35.98

Percentage Gain: 0.92%

ATR Adjusted Percentage Gain: 0.46%

Well done, a quick profit for the week.


S'ok...I'm using SB prices from IG and the pro real time charts...
 
Ok chilltrader, the closing price at 4.07pm was 1.3986, so therefore:

Closing Trade

EURUSD (FX:EURUSD)
Direction: Long

Entry: 1.3910
Exit: 1.3986

Percentage Gain: 0.55%

ATR Adjusted Percentage Gain: 0.63%

Well done chill, you take the lead with just over half a days range for the EURUSD
 
Positions Update

Attached is a screenshot of the trades spreadsheet at around 5pm. Open trades are highlighted in red and closed trades are at the top. A good start to the week for the group. Well done everyone.
 

Attachments

  • Trades_spreadsheet_14-3-11.png
    Trades_spreadsheet_14-3-11.png
    5.1 KB · Views: 139
Top