NAK1987

NAK1987

If you are a winning trader this is not for you . This is for the losers who want to be winners written by a former loser , who has become a winner as what is probably his last post . I am just starting my trading journey ( 5 years in now but that's nothing) . I used to publish all my trades on TV which actually really helped me to follow my strategies and it...

NAK1987 Updated 

I don't see a whole lot of opportunities right now , with exception of energy , primarily oil , which is significantly net short per IG data and outpreforming pretty much everything . I am going to focus on XLE probably for rest of the year and I moved out of my TBIl position to buy this now .... Above GLB , Crude Oil shorted per IG traders data at 71% net...

NAK1987

Hey guys , I have been losing my edge on swing trading strat last few days because of bad order placement or perhaps it could have been a some mistakes on the brokers part but LW and BOTZ were sold below their stops because the order was apparently non exist ant in the brokers system and I missed it , as a result those two trades lost more than they should have....

NAK1987 Updated 

Well here's my chance better take it , I drew on the chart what I was kind of hoping would happen , did not expect the market to have such a nice day overall today and would n ot be surprised if today ends up reversing and allows weekly on QQQ to get closer to its key averages but I am good at being wrong. So , figured better just take the entry , we are slightly...

NAK1987 Updated 

Back in BOTZ , not super confident for some reason , but all the more reason to be prepared for an ass whooping and know that I will still nonetheless follow-through with the plan . And the plan is to stay focused on the winners . QQQ is weekly extended , and yet we are going up , I was wrong about my recent guess so far on the market consolidating around its UCB...

NAK1987 Updated 

Re-entry on LW , its showing a bit of stalling here who knows what will happen , not doing anything wrong at this point , lets see if it can follow-through in todays signal . Institutions are still accumulation , EPS and sales trend is awesome , no reason why we cant keep it up based on stats.

NAK1987

So , Recently I longed MCHI and EWG in the same day , the sizing was correct and EWG was a good stage 2 buy, even though it lost with a gap down on the same day as MCHI , it was still a good trade , stage 2 uptrend , 50 SMA TB entry , with a contrarian idea adding to the trades potential but ultimately the other side betting for a move down was victorious on that...

NAK1987 Updated 

It's tator time again y'all And I have an inside rumor from " my guy " , Mr Legendary Investor , who we all need to listen to ! He says LW is using a secret proprietary patented tech to recycle waste potatoes and use them to further fuel the stock move up . I guess that recycled waste potatoes are essentially converted to energy through a decomposition...

NAK1987 Updated 

Strong TT's name with 2 open Major 2/2 gaps . But it has triggered via a wedge drop and looks like monday might be an opportunity to get long this if it follows through on fridays upside reversal . Lets see what Mr market does tomorrow , I am honestly hoping for more " surprises " from the market , I think it could use some rest and we saw a lot of failures on...

NAK1987 Updated 

This is one that I really like but that might be about to change with Fridays high selling day and upper candle wick , still no breakdown so that takes precedence , price is the best indicator but just pointing out that we have a bit of a warning sign here ... This alone does not make it a sidelines name , its still a TT's name with a Major 2/2 gap and 2 minor...

NAK1987 Updated 

Missed this friday but was able to act now to get in under reasonable circumstances ... I don't like the fact that lots of its holdings are from the Japanese exchange but upon a review of some other similar ETF's it seems that most of these related ETF's have a similar exposure and so I decided that I am just going to ignore it and do what one of my whiteboard...

NAK1987 Updated 

I am working at at the very begginings of a strat where I would like to use COT data and price action to take futures/forex trades , right now this is idea 2. The logic is we have non commercials , reportables and non reportables , both short , reportables being extremely short vs average deviation ( just looking at it visually at this point ) So , not a long...

NAK1987 Updated 

I am strongly considering getting into forex , and I think this is the best idea rn , with USD/EUR as a close second . I am not trading it , but rather tracking it and recording it with the intent of building a contrarian/COT defined forex/futures trading strat . The reason is that COT data agrees with this and also because I have had quite a few friends , not...

NAK1987 Updated 

Alright , been waiting in the bushes getting some odd looks from a few people passing , now pounce time Lets see ...

NAK1987 Updated 

News is bad price is up , most are short . 87 % of participants vs IG trader data , ill stand with the 13% that are long . could be the wrong thing to do ;) ....

NAK1987

Well the doom and gloom news came out today and net short levels went up 3% to 78% . The news is that Germany is officially in a recession . The news is bad , the consensus is that this has to go down . So, time to long , the temptation is to get long right now but my rules don't allow it , for we are below the 50 sma . So in the bushes I go, to wait,...

NAK1987 Updated 

This qualifies as a TT's name Tight price moves Great RS , and its got an Active 2/2 Major gap . Looks like the sales are driving the move more than the EPS , which is more stagnant . Sales look awesome 315 to 385 million quarterly change in last 12 months so about 22% higher in a one year period but eps per share is stagnating comparatively .. The signal...

NAK1987 Updated 

The vast majority of smart money and retail money is massively short SPY in futures and equities . Additionally, the same applies for Dow Jones and russell , where the same positioning theme , looking at COT data applies . Nasdaq , for me, still supports more move up but positioning is slightly different , will go into detail on positioning below : The general...