Archive for month: July, 2017

The dollar has been taken beating on ‘false promises’ of any major fiscal reform from the Trump administration.

 

On July 18^th, 2017, President Trump lacked the support of the U.S.  Senate to pass any new measures on healthcare bill, in the U.S. At least, three Republicans along with the Democrat lawmakers have expressed opposition for any changes to the current “Obamacare”.

All investors have their doubts that the Trump Administration might not be able to implement tax reform. This was the key component of their infrastructure spending proposals which should have been implemented within this year or early 2018.

Bitcoin prices has been able to benefit from the “return in risk aversion” in the markets on fresh catalysts.  Bitcoin prices, http://www.marketwatch.com/story/cybersecurity-legend-bets-his-manhood-that-bitcoin-reaches-500000-mark-with-three-years-2017-07-18?mod=MW_story_top_stories,  plunged more than 25% over the last weekend of July 17th, 2017.  Bitcoin, lost $10 billion, in market cap due to the crash. On Monday morning, July 17th, 2017, the markets recovered 30-40%. There is grave concern about the potential transition on the Bitcoin block chain platform.   On August 1st, 2017, Bitcoin improvement, proposal, 148 (BIP148), is intended to allow the Bitcoin network to scale more efficiently is scheduled to be activated. The majority of developers do not agree on this new proposal. Currently, 43% of bitcoin’s mining power is seeking a new paradigm!

It is possible that Bitcoin could split into two or more separate cryptocurrencies. Miners are reporting progress in solving ‘hard fork issues’ which is shoring up confidence in the industry, in total.

The Bitcoin Investment Trust Fund, GBTC is the instrument that is very active and tradable. I have put together three charts showing that it is currently at Fibonacci retracement level at 50% reflecting its’ next potential support area.

I has been involved in the cryptocurrency area since the very beginning and will now start covering new trade setups similar to last years long-term buy signal in Bitcoin I shared last July which, bit coin rallied over 350% since then. There is a great deal of BUZZ now emerging on Main Street and I will make you money in this ‘new asset class’ as well as keeping you regularly informed.

People are starting to park their money in digital currencies, like Bitcoin and Ethereum, rather than parking them in fiat currencies – I buy and hold my currencies in this crypto wallet CoinBase.

Know where the markets are headed and trade my signals at www.TheGoldAndOilGuy.com

Chris Vermeulen

In early May, 2017, we alerted our follwers to a trading opportunity that resulted in a nearly perfect Momentum Reversal Method (MRM) setup – this trade was MOBL (Mobileiron Inc).  Now that the trade has completed, we wanted to share with you an example of how the  MRM trading strategy works and how successful some of these setups can become.  But first, lets take a bit of time to understand what ActiveTradingPartners.com is and how we provide benefit and services to our clients.

 

ActiveTradingPartners.com is a research and analytics firm that specialized in US Equities, ETFs and major Commodities analysis.  Our objective is to continually provide updated research and analytics for our members as well as to actively deploy our specialized Momentum Reversal Method (MRM) trading strategy for our members use and benefit.  As many of you may remember, on June 11 2017, we posted our research that the “NASDAQ would sell off” and the “VIX would SPIKE” on or near June 29^th, 2017.  How many of you would have loved to know that we predicted a 6% swing in the NASDAQ and a 52% swing in the VIX two weeks in advance on the EXACT DAY it happened?  Read the article here (http://www.activetradingpartners.com/active-trader-predicts-vix-spike-nasdaq-selloff/)

 

What we are trying to illustrate to you is that we attempt to provide value beyond our trading signals and beyond our daily updates.  We attempt to keep you aware of what is likely to happen in the global markets and how these swings can be advantageous for you as traders/investors.  So, before we get sidetracked on the extras we provide, lets focus on this MOBL trade.

 

MOBL began to appear on our MRM alerts in early April 2017.  As with many of the MRM type of setups, they can sometimes start to alert us to setups days or weeks in advance of the actual move.  In this case, classic technical and Fibonacci analysis assisted in confirming our MRM trigger.  The MRM setup was valid and we simply wanted to watch the MRM setup for signs of price volume/rotation.  We often use this price/volume rotation trigger as a means of setting up entry functions for pending MRM triggers.

 

In early May 2017, the price/volume rotation trigger was complete and now we had a valid entry into MOBL with projected targets of $5.45 and $6.25.  Our analysts identify the targets based on recent price action, where our entry is located and current price/volume rotation levels.  In other words, if we believe the move will be short-term, then we will adjust our targets to focus on immediate objectives.  If we believe the move will be a bit longer-term, then we will adjust our targets to focus on that objective.

 

Just to be clear, everything originates from the MRM trigger.  We may see 20 or 30 of these triggers each week.  From there, price confirmation MUST occur or have already happened in order for it to be considered for our ATP members.  Additionally, we attempt to gauge the overall global markets in terms of risk parameters for each MRM setup/trigger.  If the US majors or global markets are weak and fearful, then we’ll address that risk by being more selective of our MRM triggers and setups.  If our analysts believe the US and global markets are going to continue to trend, then we may widen our risk parameters a bit more.

 

On May 11^th, 2017, we issued a BUY Swing Trade Alert for MOBL @ $4.65 for a FULL Position.  This exact alert read as follows:

Buy Symbol : MOBL
Max Buy Price: $4.85 or lower
Position Size: FULL
Stop loss: Close below $3.95
Target: $5.45, then $6.25 objective for a 17~35%+ swing potential

Enter FULL position below $4.85 today. A move above $5.35 is expected with a potential for a move above $6.50 later.

 

As you can see from these charts, we executed the MOBL trade flawlessly. The first target was hit only 6 trading days after entry for a +17% gain.  The second target took a bit longer, but it was eventually hit  26 trading days after entry (about one month after entry).  It was just prior to the second target being hit that our research team indicated that MOBL could run much higher and that we should alert our members that we are going to use Target #2 as a stop adjustment and attempt to let this position run.  Typically, we get about 2~4 of these types of trades each calendar year for our members – you know, the big breakout runners that can turn into 30%, 50%, 120% or more.

 

When all was said and done, Our VIX/NASDAQ analysis was perfect and the rotation in the tech markets resulted in our MOBL trade getting stopped out July 3^rd, 2017 @ $5.85 for a +25.6% gain.  This single trade resulted in a +$4000 total return for our members – this one trade will cover their ActiveTradingPartners.com membership for almost FOUR YEARS.  Believe it or not, we are expecting MOBL to generate another MRM setup soon that could allow us to re-enter this trade for the next run higher.

 

This is an excellent example of how our Momentum Reversal Method strategy works and provides benefits for our clients.  Not only do you receive these timely and accurate triggers, but you also receive our advanced research and market analysis.  Like we said early, we alerted our members to a critical June 29^th market move two weeks before it happened and our analysis hit perfectly.  We like to ask our clients and viewers this question, “isn’t it time you invested in your future?”.  We would really like to help you achieve greater success and find greater opportunities in the markets, but you have to subscribe at ActiveTradingPartners.com for this to happen.

 

Isn’t it time you invested in quality, logical trade research your future? CLICK HERE TO JOIN