For our Silver Members, here are four trade ideas for you. If you are interested in seeing the trade, please sign in or check your email.
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January 23, 2014
Trade Ideas:
Conservative:
All of these are Buys under the Win-Win trading strategy:
BP, UNG, WETF, XOP
For Silver Members looking for symbols to Buy, consider BP, UNG, WETF, and XOP. All the Win/Win parameters have been confirmed – ie, the 50 in relation to the 200. DMI is great and bounding up. Watch the RSI for entry if you decide to time these instead. Place your stop loss a little lower than the most recent low candle tail. Advanced traders might consider selling spreads, monthly puts, and/or monthly covered calls.
If any of these reverse and hit the stop loss price, consider exiting.
Happy Trading!
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