About this blog:

CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026

Sunday, June 26, 2016

Tuesday, June 14, 2016

General Discussion Thread

We've incorporated a new thread below for TRADE SETUPS ONLY! Please try to keep the comments on that thread to trade setups, and less general market discussion. Market discussion can be in this comments section. Indicator discussions will be a new thread coming soon as well. I'll make Doug get on it right away.

Index, Stock, ETF, ETN, FX or any other trade only

Must post entry either real time or future with limit order
Must post Stop-loss
Must post Take-Profit
Must Update Trade status with still open or closed

Please no after the fact trades posted within this thread or other market commentary.

Thank you,

Jim Genosky (Paper Co. owner and real Keystone Light Trader)

Tuesday, June 7, 2016

Indicators All Still Bullish

 CPC Dropping, but can still travel quite a way down
 This one says a ST pullback is probably right now

Tuesday, December 8, 2015

FB and SP-500

Covering shorts in SP-500 and going long with 2042 SL.

FB Dec 18 2015 107 Call yesterday and adding more today. Any price under 1.20 is good.

Setup Chart:

Wednesday, November 11, 2015

Shorting SP-500

Picked up SPXS and December 19 SPY 208 Puts. The STI is on full sell currently, but having the daily indicators on sell is helping me make this decision.

Swing Trend Indicator

The STI went on tentative sell and trigger sell on Friday, November 6th. Also, daily indicators rolled over. The SP-500 can achieve new highs when this happens, but I will be full short on a FULL SELL signal on the STI. I'll keep you posted.