Direxion Daily MSCI Brazil Bull 2X Shares (BRZU)

[richdad813]

Went dho60 bought some @ 5.18 with tight stop

[THREE-DAY-TRADER]

New lows!! Broke below the 6.00 mark.
I'm becoming tempted soon.

[THREE-DAY-TRADER]

Still trying to find support on BRZU. forget about resistance at the moment.
TTYL

[MrZombo]

Where do you see resistance?

[THREE-DAY-TRADER]

BRZU hit right on 6.00 mark earlier.

[MrZombo]

Hah, good to find you here. I see we both jumped to the same lev'd etn.

[MrZombo]

Look for a replay of mid-December 2014 now. Inflows soon.

[THREE-DAY-TRADER]

So far so good. Look how it has broken thru old support under 6.31 (all according to plan).
I'll be a buyer of this soon.

Now is in vicinity of my lower targeted range.
Looking for low 6's to 5's.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110439395

[ShotMaker]

I haven't been following this recently, as I have been focused on other things; but I appreciate the tip on the pricing action! I reviewed the charts and will watch closely for an opportunity which I believe appears to be getting close! Thanks.

[THREE-DAY-TRADER]

Watching this yet for new lows

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110439395

[THREE-DAY-TRADER]

Watch this now for it to have a good chance to break support from December below 6.31.
I would stay on sidelines and error on side of caution here before buying. Wait to see if it breaks to lower 6 area and possibly 5's before considering entry in my view.
A little volatility to upside possible from now, but I think it is due to fall more yet under 6.30, maybe 5's.

[THREE-DAY-TRADER]

OK, don't worry about it))
And I agree, Brazil is the least risky of the emerging markets compared to Russia, although both are good for trading (buying) on extreme sell offs, which have occurred recently again.
Tuesday's action (12/16) was a trader's dream.

[ShotMaker]

HHHG...sorry about the late reply. I have had computer problems recently, and got behind on what was happening. Russia and Brazil have taken a beating in the last few weeks; especially Russia.

I like Brazil better at this point, too much politics with Russia. A lot of volatility in the Market right now,...not easy to time an entry point.

Good luck and be careful.

[THREE-DAY-TRADER]

I've been very tempted the last 1-2 days to enter BRZU (& RUSL). BRZU finally ringing the bell for me today for being oversold enough for me to consider it.

[THREE-DAY-TRADER]

A nice very oversold opportunity developing now, just as I was describing last Dec 4th, for example to look for. At 9's now, but would not surprise me to see 8's yet.

[THREE-DAY-TRADER]

Best rule of thumb to apply in current times with BRZU and other emerging markets is wait for the peak sell off moments; hence the 'very oversold metrics'... always what i point out here.
My view is wait for the the RSI drop every few weeks and don't be so eager to buy it, but rather be a a buyer that is hard to please & thus only take the opportunities when stock getting killed.

[ShotMaker]

I thought it would find support and go back up yesterday and today. But it drops again today...a little surprising. But I agree with you, it should be ready to turn positive very soon! It is very hard to time these perfectly, just have to be ready to hold a little longer if necessary once you are in it.

[THREE-DAY-TRADER]

In the 10's so far. Coming into my hands and getting close to where I like BRZU.
(RUSL as well)

[THREE-DAY-TRADER]

BRZU starting to look tasty today, but not quite sold off enough for me. Dipping nicely so far.

[ShotMaker]

You are correct, some of the intraday lows had a lower price. I was just trying to look at the daily closing price, and evaluate the price swings based on that. I also watch the 5-Day chart closely, to assess any short term opportunities. Anyway, appreciate your input and observations. Good luck.

[THREE-DAY-TRADER]

Just keep in mind that recently last month BRZU hit 10's, and pre-market that day was 9's(which does not show in standard daily charts).
Those areas could easily be re-visited in my opinion... so allow that scenario in your strategy scenario.
Don't underestimate this thing to surprise you on the downside.
and the way I like to play certain stocks such as this--- which is to error on side of caution. It's why I wait for the big sell offs, which prove to always eventually reveal themselves

[ShotMaker]

HHHG: Ignore previous post! I looked back at the 1 year chart on BRZU. The lowest closing price during that time was $12.32; which is where it is at right now as I type this!

I think if it holds, it could bounce off that 1 year low, and maybe move upward for awhile. Requires more investigating...but just wanted to share that with you, and others on the board.

[ShotMaker]

HHHG: I looked back at the the 1 year chart on

[ShotMaker]

I watch this closely also,...but have not traded it in some time now. I have had recent success with the natural gas ETF's!

I try to find oversold situations, that I can make some money on. Not always easy.

[THREE-DAY-TRADER]

I'm not regretting waiting yet on this BRZU (having been traded out since near end October). Wait some more for the next very oversold capitulation to occur in my view

[Rock_nj]

There was talk last month when she won reelection of some sort of meeting with business leaders and the opposition and an announcement of reforms in November. When or if that happens, that could be the next catalyst for BRZU to pop.

[THREE-DAY-TRADER]

I am personally waiting yet on BRZU. I prefer to error on the side of bigger sell offs before entering.
The basics of the stochastics, RSI, & MACD tell me to wait. It is getting cheaper, but I'd be cautious yet and wait some more.
Plus, Bovespa is still digesting the election of that Communist Dilma & I don;t see anything positive to help push it up at the moment. So I'd prefer to play it from defensive & look for the very oversold points to pick up a bounce trade.

It is too bad we don't have that BRZS to flip into anymore. I miss that thing.

[ShotMaker]

In your opinion, is this presenting a trading opportunity this morning? It is down about 10% at the moment. But as you know, it goes up an down with regularity.

[THREE-DAY-TRADER]

Thanks, it is a great trade stock.
I think more volatile weakness could be in store for Brazil-Bovespa (& PBR, the largest % holding of EWZ-BRZU), so I will wait on another dip again.

[Rock_nj]

I just read that the President of Brazil is going to meet with business leaders and announce a reform package next month. That news will surely pop the stock market in Brazil and get BRZU moving higher. More of a medium-term trade. Congrats on the flip yesterday.

[THREE-DAY-TRADER]

It is why I didn't risk holding over weekend. Took my Friday profit. I often flip stocks quick in this environment, and take what the market gives me, and continue to re-churn into position(s) when they pull back again. And today proved early on it was good spot to buy BRZU again.
>>> 9's to 11's in the morning, a superb trading capability!

[Rock_nj]

Not sure why the Brazilian stock market sold off so hard. It's not like the election result was a big surprise. It was close enough that the ruling party will likely make some reforms. Looks like a good bounce candidate for BRZU back to 15 in the near-term.

[THREE-DAY-TRADER]

A solid 15-19% increase from pre-market.
What a day trade stock!

[ShotMaker]

Yeah...I see the early morning decline appears to be in place. I will be watching it closely.

[THREE-DAY-TRADER]

Wow, another developing opportunity in BRZU today.
I've been hearing that approx -10% on the Brazil Bovespa market from last week could be a great sweet spot to buy with the Dilma win being priced in. We're there about now already as of early market.

[dude iligence]

HHG congrats on your trade 18% in one day is great. Hey you said $14.11 I took you at your word. I wasn't aware that stop limits Scale you out of the trade. What platform does that. Interesting, maybe I should suggest that to Etrade. BRZU is certainly volatile enough. What does it track?

[THREE-DAY-TRADER]

Let's see... You were totally wrong about your data, your quotes & your analysis on your last post, and here again you make presumptions based on limited info.
You're wrong on my share # owned on BRZU.
My trade quotes listed here were approximation averages only that include some scaling out, so your info presumption is not entirely correct and is not possible to track on last sale using my avg scaling quote(s).

Strange and sad to see you constantly wasting time on such things.
Everything I've ever said about you is so true.
It takes an abnormal personality to do what you do. You follow me around intentionally trying to antagonize me, and you waste time on useless stuff, and you show zero courtesy and zero respect, as you post at me despite my requests for you to stop posting to me. You really are a mentally I'll stalker.

I guarantee you I'm ignoring you after this and I don't care how stupid you continue to post or how hard you seek attention.
You're an absolute waste of time as always.

[dude iligence]

HHG there was only two BRZU trade at $14.11 each for 100 shares

10:59:44 $ 14.11 100

11:44:16 $ 14.11 100

Nice trade congrats on the gain $219

http://www.nasdaq.com/symbol/brzu/time-sales?time=5

[THREE-DAY-TRADER]

First of all, a reasonable person can't expect another person to post a trade exactly on the minute they bought it or sold it, because a msg board should not be such a high priority.
But in this case I did post my buy @ 11.92 on Yahoo in a timely fashion within a few minutes of buying.
I already posted the factual info in earlier post, but I'll explain it further!

The time I posted my buy was 3:17pm Eastern on October 23 and the market closed 4:00pm Eastern.
The low Oct 23 was actually 11.85 and I bought on that dip around 3pm then posted it on Yahoo 3:17pm that I bought 11.92.
I did not post it here because I already maxed out my message limit of 15 posts on I-Hub.

I did sell it this morning @ 14.11 for 18% approx gain (after a trailing stop loss was activated).

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Yahoo post of me buying this Oct 23:

http://finance.yahoo.com/mbview/threadview/?&bn=b6c48714-1c1b-361b-8ef9-c76187ac09f9&tid=1412082920061-c79f7449-192d-4933-accc-7759a39c5c86&tls=la%2Cd%2C0%2C3
hhh9576 • Oct 23, 2014
3:17 PM


"People got to start taking a bite out of this Brazil long today (BRZU). I got start @ 11.92 on BRZU.
I made 50% 3 weeks ago on BRZU, so my risk here is hedged with profits already.
Could maybe see 9-10 yet, and if it does that drop, I'll add more. But I think a 'pop' for upside to 14+, maybe 17-20 possible here even with Dilma winning election. A nice trader stock = BRZU"

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These are the facts including the accurate info.
Now that we cleared this up, please stop following me around and posting to me. I've asked you this zillions of times.

Good weekend to you!
and Good luck!

[dude iligence]

a t f d c = BS How did you manage to buy @$11.92 when the low of the day was $11.91 and you posted that after the close. I bought APT yesterday at $3.75 the low was $3.72 I alerted it gap closer as it happened two mins later it took off like a bat out of hell.

[THREE-DAY-TRADER]

I decided I didn't want to risk my 18% upside going into the Brazil election (even though this week might have already priced in the Dilma election).
I risked holding it in the earlier election approx 3 weeks ago in early October, but this time is more risky.
Anyhow, whatever happens next week, I'm happy with 2 huge trades off this BRZU 'bad boy' in last 3 weeks.

But in future I'm buying this whenever it hits extreme sell offs. It is on my top favorite trades list.
It is too bad they eliminated the BRZS. I used to flip in-out of it some, too.

[ShotMaker]

Yeah...I like it too, and I follow it closely. But there has been so much volatility with it lately...that I got a little gun shy. Good trade for you though!

[THREE-DAY-TRADER]

Made another 18% on BRZU. In yesterday @ 11.92, and just sold 14.11. Could not post the buy yesterday in late day because I maxed out my 15 post limit.
BRZU has become one of my favorites lately as it has superb volatility often.
Also made that 50% about 3 weeks ago, as posted here, too, which I can't forget.

I did, however, post the buy on BRZU Yahoo msg board:
==============================================================================================

http://finance.yahoo.com/mbview/threadview/?&bn=b6c48714-1c1b-361b-8ef9-c76187ac09f9&tid=1412082920061-c79f7449-192d-4933-accc-7759a39c5c86&tls=la%2Cd%2C0%2C3
hhh9576 • 21 hours ago -- 10/23/14

**People got to start taking a bite out of this Brazil long today (BRZU). I got start @ 11.92 on BRZU.
I made 50% 3 weeks ago on BRZU, so my risk here is hedged with profits already.
Could maybe see 9-10 yet, and if it does that drop, I'll add more. But I think a 'pop' for upside to 14+, maybe 17-20 possible here even with Dilma winning election. A nice trader stock = BRZU Less

[THREE-DAY-TRADER]

This is BRZU board.
Go to GASL board and see discussion there. I posted new for you.

[ShotMaker]

In my opinion GASL is ready to present another opportunity similar to what BRZU did. Charts are very similar, even though underlining circumstances and conditions obviously vary. Thoughts?

[THREE-DAY-TRADER]

Uppper 20's yet possible eventually. However--- I already trade out of BRZU near 21 (happy with 50%). I wold not enter it here, if that is what you're asking. Last week was the time to buy this.

[ShotMaker]

How high will it go in your opinion?

[THREE-DAY-TRADER]

What nice a trade!!! From 14's and now to 20-21!! Solid 50% in a only a few days. I'm glad I had guts to buy BRZU & to rec this last week

[THREE-DAY-TRADER]

I had right idea on this BRZU buy (trade) earlier this week....

Wednesday, 10/01/14
"I see potential the next 2 days for a drop yet leading up to the election this weekend, and if it does, it is almost certainly a Buy if it gets any lower after today's 14.92 low. I think keeping in mind the all-time low (& 1 yr low) of 12 area--- that should likely serve as support so we likely are not far away. And even if it drops below 12 support I think it should be bought there as part of a scale-in protocol contingency.
Overall in any event, any buy near 15 or less should prove profitable eventually. I think a very quick short term bounce could easily recoil toward 18-19, and maybe in weeks to come during the 4th qtr it can easily move back toward 25+, maybe 30+."

[THREE-DAY-TRADER]

I know. I have traded the BRZS in the past. It is another nice 3x trade tool that will be missed (they eliminated the GASX, too, unfortunately).
I'm preparing to buy BRZU; for Scale-in strategy.
I think huge potential here developing. It has been even more sold off than the RUSL (Russian Bull) relative to recent highs, yet Russia has the sanction issues hurting it while Brazil does not.
Also I think Brazil is the most oversold emerging market & should be a reason why people should have BRZU on their Buy List soon.
As of today's close on October 1, BRZU is -21.5% below its 9 Day (EMA) average!! So people should realize that is unusually oversold.


I am only concerned about the unknown for Sunday (Oct 5th), which is the election in Brazil. Anything can happen with that in front of it and going long is thus risky because of that. I do think, however, that the market is pricing in the Dilma win already & the sell-off has already crossed over reaction levels of possible insanity, so buying soon for scale-in start might prove very wise.
I see potential the next 2 days for a drop yet leading up to the election this weekend, and if it does, it is almost certainly a Buy if it gets any lower after today's 14.92 low. I think keeping in mind the all-time low (& 1 yr low) of 12 area--- that should likely serve as support so we likely are not far away. And even if it drops below 12 support I think it should be bought there as part of a scale-in protocol contingency.
Overall in any event, any buy near 15 or less should prove profitable eventually. I think a very quick short term bounce could easily recoil toward 18-19, and maybe in weeks to come during the 4th qtr it can easily move back toward 25+, maybe 30+.