Stock pick for 04/18/2012
I believe that you all se very strong divergence between DIA and QQQ. It is logical that conclusion is high risk after that. Because of that yesterday activity was not big and I will stay in same line next days until that will be over. Longer time QQQ chart was stronger than DIA and SPY what we can easily see on the monthly time frame, but this time we have extremely daily divergence. I will take smaller trade number and my risk will be maximum 50% of usual risk and focus will be more on intraday setups based on 5-15 min time frame. Also I will try to use 5-15 min trading plan and after we will see if that trade could turn in to swing or not what will depends on market action. When we have strong divergence like now I think that is impossible to predict where market will go, at least it is for me. Since I don’t have much bias I will follow market and I will be patient. This is not something new. I saw many periods like this so I will be patient and that will gone. That not mean I won’t trade, that mean I will be more caution with less risk.
Wish you all good trading day
Kind regards
Ivica Juracic
Stock pick for 04/17/2012
W.R. Grace & Co.(GRA)
W.R. Grace & Co. engages in the production and sale of specialty chemicals and materials worldwide
Let’s start from monthly time frame. We can see small CCI divergence what will support short trade at this moment. On the weekly GRA broke under 10sma and have room to reach 20sma support area. Daily chart we can see under and also if we look at 60 min we can see reversal pattern if GRA will break under 20sma support. I use that 60 min situation for possible daily move and run to weekly 20sma support and it is around $52.50 area and because of that I use is for start. On this way I hope that possible 60 min situation can turn in to swing trade and I won’t look at it if bigger time frame charts won’t support that possibility.
Kind regards
Ivica Juracic
Stock pick for 04/11/2012
Dear traders,
Last two days our swings short improve and give us really nice gains. Some are closed and some are just protected because I think that we will see more correction in the future. If we look at indices daily time frame charts we can see that DIA and SPY closed with CCI under -200 what is oversold area and right now I don’t think that will be smart to take swing short trade, unless it is “own way” chart or if is with bigger stop. For today, after Tuesday trend day down with big volume) I will expect to see possible morning weakness and after that I will look for intraday long setup. That mean I will look for reversal signals (phoenix) on smaller time frames (5/15 min time frame) for day trade bounce because I think that we will have good odds for that if DIA will reach weekly 20sma support area ($126.50), SPY previous low from 03/06/2012 ($134.36) or QQQ weekly 10sma ($65.50 area). I like to note that focus will be on day trades unless I will find some good looking “own way” long chart.
We can expect to see consolidation day (usually after trend day) with more scalp sharp moves in both directions. Those who are not good with fast trades like me, I will advice to be patient and just wait some good opportunity. For me it could be very possible day without trading, but I can’t know that at this moment. I just try to describe what we can expect from today.
I hope all this have sense and if don’t please feel free to contact me and I will be happy to give additional explanation.
Wish you all great trading day!
Kind regards
Ivica Juracic
"I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."
Debbie Groll
Trade Setups for Monday 9th, April 2012
Dear traders,
I hope you all had good weekend. As you know I won’t be in the room today and I wish you all bets trading day. I don’t know how to do on better way so I will like to wish you all happy Easter to all who celebrate. For those who don’t celebrate look on this as just best wishes for good trading day.
Here is watch list for Monday 9th 2012. See you all tomorrow when it will be my regular day.
I need to bring my son in Hospital on research (nothing serious but I must do that) and I will do best to be ready for Tuesday
Again I wish you all best day and happy Easter to all.
Kind regards
Ivica Juracic
LONG IDEAS
SHORT IDEAS
PLEASE NOTE:
The primary focus of my service is to find Swing Trades. I look for intraday setups that have a potential to become swing trades. Since my membership is diverse I do post additional ideas (day trades, position trades and scalp trades). It is up to you to decide which trades are appropriate for your trading style. I do NOT personally take every trade. Your success depends on YOU taking trades you understand and like. I am always available to contact for additional trade explanation.
TRADING THE OPEN
During normal market conditions our regular setups generally do very well regardless what time they are taken. Trading right at the open always adds risk. It is recommended that new trades not be taken for the first 5 minutes the market is open. I will treat each new trade that sets up during this time as a gap trade and wait till the stock comes back and takes out its 15 minute high or low.
Trading is risky. It is our job as traders to reduce this risk and increase our chances of success.
IMPORTANT: Take only the opportunities that you really like and understand. Always enter a trade with a trading plan. If you have any questions, please feel free to ask me. There is a much greater chance of success in your trading if you understand the trade. That is very important. Taking just a few trades is enough to be a successful trader. Overtrading is probably the number one reason new traders fail. I personally mostly take swing trades. Please remember to keep that in mind!!!!!!!!!!!!!!!
If you have any questions, please feel free to contact me.
Good luck trading today!
Ivica Juracich
XpertStockTrader.com
Stock pick for 04/03/2012
Kind regards
Ivica Juracic
"I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."
Debbie Groll
Stock pick for 03/30/2012
CareFusion Corporation, a medical technology company, provides various healthcare products and services in the United States and internationally. It operates in two segments, Critical Care Technologies, and Medical Technologies and Services
From technical side we can see triangle action on the daily time frame and also odds for weekly buying continuation from monthly low. Last several weeks CFN spent in nice weekly consolidation and this week made small bear trap what could give us steam for swing up trade. Target is open because it depends on pace after setup and volume as confirmation of upside action. Also it will depend on market breath.
Kind regards
Ivica Juracic
Stock pick for 03/29/2012
M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States.
Technically we can see that MDC hold very well, especial during yesterday marker correction day. I will look for possible continuation based on 60 min triangle and run to 200sma weekly resistance area what will be target area.
Kind regards
Ivica Juracic
"I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."
Debbie Groll
Stock pick for 03/28/2012
Kind regards
Ivica Juracic
"I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."
Debbie Groll
Stock pick for 03/22/2012
Kind regards
Ivica Juracic
"I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."
Debbie Groll
Stock pick for 03/21/2012
Dear traders,
I like to write few words about market. I can talk a lot about where could go and that charts are extended etc. That is very good to know to prepare for possible action, but this time I like to talk about our possibilities. From my watch list you can see that all ideas are short. That not mean I don’t like long side. I just think that long side is too risky for me at this moment for swing trade or anything longer. If I will find “own way” long chart then I will look for swing long, in any other case it will be faster intraday setups and I will post them during market hour if I will find them. My focus will be for possible market correction and in that case I’m looking for some short patterns what you can see in the watch list. I like to note that without market support they all will be higher risk, because if market will stay strong then odds for choppy action without follow thru will increase.
Conclusion is that I’m preparing for market correction and if that won’t happen then it will be very possible slow day for me and I will use patience as best friend during that time. I hope that all have sense but if something is not clear please feel free to contact me and I will be happy to help.
Kind regards
Ivica Juracic
"I have been trading for over 5 years. I am continually impressed by Ivica's understanding of the market. He provides low risk and extremely profitable trading opportunities. His watch list is always concise and includes an overview of the market as well as very specific set ups..."
Debbie Groll
I believe that you all will agree with me that at this moment market is extended on long side and I don’t have any trade idea with full trading plan what I will bring in watch list before market open. On the other side it is same with short side. But that not mean I don’t have any idea. On my list always have possibilities but I want to see open action before I will send them out. For short side I will follow: CJES, VRA, CLNX, FLIR, PLCM, LXK and for long side I will follow: BEAV, F, DCT, SPG, CHMT. I want to compare them with market action during first 15 min and then I will look weaker charts for short ideas and stronger charts for long ideas. At this moment I don’t have any strong bias, but my focus will be more with some intraday correction and selling pressure.
Yesterday market strength closed most of our short trades, but I like to note that we took several partials and most of others was with small loss or breakeven and I think that is good result in very indecision moment what we have out here. On the other side, our long trades had very nice day. NUVA trade confirms weekly setup and we already have very nice gain.
For any questions feel free to contact
Best regards!
Ivica Juracic
Technical Analyst
www.xpertstocktrader.com
Stock pick for 03/13/2012
Dear traders
Reminder: Today is a Fed Day!
In the past this usually brought upside in the morning. Instead, pretty much anything goes for the morning and today is likely to be a slow one given the lead-up into it. Volume usually drops off dramatically heading into mid-day and trading at this time becomes very risky. At times we will see a bit of activity ahead of the Fed.
More often than not, when this happens, it is to the downside.
As the Fed announcement nears, look to close down extra market minders and level II screens to avoid system lock from the surge in volume following the announcement. Trading at this time is high risk due to data delays and rapid price movement.
When the news hits we then tend to see three strong moves in reaction to the news. First the trio appears on a 1 minute time frame and then repeats on a larger one, typically the 5 minute time frame. It is very dangerous to trade in the immediate aftermath of the Fed announcement due to the rapid data stream. Proceed with caution at that time!
Three waves of activity tend to follow a Fed announcement. There is an initial reactionary move, followed by a correction. This correction can be stronger than the initial reaction. A third wave follows, heading back in the initial post-announcement direction.
Please use smaller risk then usual on swing setups.
From watch list what I sent today you can see that I will be more focused on intraday (day trade) setups. To see faster info you can join us and for that you can use this week action with 30% discount (only $69.95 for full service access) and I invite you all to use that opportunity. For any question feel free to email me ivica@xpertstocktrader.com
Wish you all great trading day!
Ivica Juracic
Stock picks for 03/07/2012
Dear traders,
I like to explain few things on DIA daily chart. I believe that you all see difference between buying and selling pace (selling pace is much stronger).
I will little back in the past and trading room activity. When we had buying pace I was every day repeat that risk is higher because pace is weak and when we have barely new high action then odds for sharp pull back will increase. I know that was frustrated time because every day was high risk and action was very weak without truly volume and confirmation. We where look for move down but every open gap finished with barely new high. I hope that you all seen that previous week I start to accumulate swing short trades in hope that we could see that correction. I like to repeat that I don’t want bear market and I’m not trader who will like to see crash, but I want to see pull back, healthy pull back what will give us chance for lower risk swing setups.
At Monday we had many open swing trades and if we look at chart right now that was good time to take positions. Yes, I know that was risk higher but if sharp pull back will come then we won’t have time for setup, it will be too late. Yesterday action gave us what we expected and I’m happy because you all send my style and my thinking in the trading room. But what is next? If we look at DIA chart we can see that is on the move and taking short trade for me is like come late on party or like jumping in to running train. I will tell in the room that new swing short setup at this moment is higher risk because I like to see day two consolidation (rest) for better risk/reward possibility. Of course that I can take DIA short under yesterday low but in that case for swing trade I need to have stop above previous high and that will be bigger stop, I will say maybe to high stop for me. Because of that for today I will look for possible intraday bounces and future swing trades. Of course that own way chart will give us chances every day and that is something different. If DIA will bounce near 60 min 10 or 20sma then I will look again for selling continuation. I want to note that we have open swing shorts so we can just wait and see what will happen, above explanation is for possible new setups. I hope my explanation was clear but if was not please feel free to contact me and I will give addition explanation.
Those who been with us in the live trading room (it is absolutely free) seen on what way I try to take that move and how I cut risk and increase reward. I explained most important things for my style and possibility for every trader to use live trading room activity. I gave trading plans for scalps, day trade or swing setups and reason how, where and why. I will invite you join us because it is not too late and here is how to do that:
In a period from 27th February to 12th March you can try our LIVE TRADING ROOM for 15 days WITHOUT CREDIT CARD REGISTRATION
Simply contact us to: ivica@xpertstocktrader.com and we will create your account for our LIVE TRADING ROOM
Benefits of Trading Room:
- Real time entry, stop and a possible target for each potential trade idea.
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Don't miss this unique opportunity, contact us and request FREE access to our LIVE TRADING ROOM (value $99)
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For any questions feel free to ask
Ivica Juracic
Trader and Founder
XpertStockTrader.com
