The world markets are rallying today and America seems to be on board as well so let's go make a little money.TLT
Showing posts with label dxo. Show all posts
Showing posts with label dxo. Show all posts
Monday, June 1, 2009
Oil Update
Oil is pretty hot right now and I was lucky enough to enter into DXO at the beginning of May...oil has doubled since its bottom earlier this year and it rose 30% in May alone. I'm still in the trade and I have a profit target for DXO set at $8.75, still a ways away, but I'll be trailing a stop below support levels just in case it doesn't hit my target. Here's an updated chart:
The world markets are rallying today and America seems to be on board as well so let's go make a little money.
TLT
The world markets are rallying today and America seems to be on board as well so let's go make a little money.TLT
Monday, May 4, 2009
AAPL Update and DXO
I bought some Apple back on April 13, 2009 and posted my trade plan, which included a couple of profit targets. Target number 1 was hit this morning and Apple looks to be in another trending move up. Here's the daily chart:
So far this has been a pretty good "textbook style" trend trade...hopefully it will stay that way.
On a different note, I put on a trade in DXO this morning. DXO is the double leveraged long Oil ETF. I have a wide stop in place and also a big profit target...kinda necessary to have big profit targets when making trades that require wide stops. Here's the chart with my trade plan:
Hope everyone's having a great start to the trading week.
TLT
So far this has been a pretty good "textbook style" trend trade...hopefully it will stay that way.On a different note, I put on a trade in DXO this morning. DXO is the double leveraged long Oil ETF. I have a wide stop in place and also a big profit target...kinda necessary to have big profit targets when making trades that require wide stops. Here's the chart with my trade plan:
Hope everyone's having a great start to the trading week. TLT
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