Direxion Daily Smal Cap Bull 3X Shares (TNA)

[farooq]

Signal end up stay long, stop is at 42.84 on closing basis.

[farooq]

So I did bought full position at gap fill. All systems are long now. My stop is little away at 38.55.

[farooq]

Sold half position for 41.40. I will buy back if gap filled occur.

[farooq]

I went long again 37.80 now my Stop for Monday is 38.10.

[farooq]

Signal is long from 38.61 and same is stop now.

[farooq]

As long market is making new lows there is no chance to making money from Long side. Stay short according to system. I am not short at the moment but on spike will short calls.

[farooq]

Obviously I covered too early but I am glad did not went long. Still no position although Friday closing was favoring a short. Want to see how close happen.

[farooq]

Covered short. No position now.

[farooq]

I did cover yesterday, but at 52.50 Shorted it again, my stop is now 50.80. I may cover below it anytime signal comes for buy.

[farooq]

Nothing new happen we are still on sell. I intend to take some profit at close today or tomorrow, depending on signal.

[farooq]

Stopped out, Probably will be closing on Sell short signal. Closing above 57.48 today may give hope to longs. Apparently very difficult.

[farooq]

Signal Stay long stop on closing basis for tomorrow is 58.77.

[farooq]

Yesterday did not traded took position on EMA 5/8 crossover. Net long. Stop 57.90.

[farooq]

I covered at Tuesday near close and went long. Sold long after open today and went short at cross over covered short at close, No position now. Signal is still short but don't want risk on long week end. If some thing happen in Russia a strong rally will start.
I will buy long dated puts and will day trade now on.
Happy trading.

[farooq]

I probably will take some profit tomorrow at close.
We close on-sell short in TNA. Shortstop is 57.28 on a closing basis for Tuesday. We may see on Tuesday reversal.

[farooq]

We close on-sell short again in TNA. We are down approximately Plus 20% in the last 7 days. Shortstop is 57.62 on a closing basis for today. We may see on Monday.

[farooq]

We close on sell short again in TNA. We are down approximately 20% in last 6 days. So we may change direction soon. Short stop is 60.42 on closing basis.

[farooq]

Signal close on sell Yesterday.

[farooq]

You can use trailing stop.

[Ferda]

I need better stops. No I was considering locking profit and got distracted

[farooq]

This is trading stock you need to take profit when available. I hope you sold in the morning. Right now it is on sell signal line, today stop was 65.02 and to go long it needs to close above that price.
Which seems difficult task right now.

[Ferda]

Thanks farooq.. I am in for some shares here at 64.41

[farooq]

Closing above 64.53 keep it long.

[farooq]

Still on sell short indication. Stop close above 64.17.

[farooq]

Closed below stop, Sell short is current indication with stop at with stop at 65.93 on closing basis.

[farooq]

Still on buy. Stop 65.30 now.

[farooq]

TNA Closed on buy with confirm buy. Stop is closing below 60.64.

[farooq]

TNA closed on initial sell signal, Closing below 59.71 will confirm sell signal.
Closing above 63.26 will negate sell signal and create a buy signal. Its a trader market ring cash register often.
Good luck and happy trading.

[farooq]

Thanks.

[paulgmx1]

IWM >> ex DIVI>> $.3996

[farooq]

TY, No change in buy signal for TNA.Closing below 59.99 will initiate a sell signal closing below 57.33 will confirm Sell signal.

[paulgmx1]

spy>>paid a dividend>> $1.3661

[farooq]

Closed on buy signal.

[farooq]

We are far away from buy signal, initial buy is above 54.97 and signal confirmation is at 57.47 for today.
Good luck and happy trading.

[farooq]

No buy signal today possible. They have decided to punish all buy signals. One reason we want end of the day signal.

[farooq]

It seems today TNA will close on buy,Buy is closing above 56.95 on closing basis.

[farooq]

Yesterday we close just barely above buy signal but last fifteen minute kept us on sideline, entry around 55.50 may give entry point.
If geopolitical news don't put negative impact than few weeks rally is possible. I am not aggressive buyer yet.

Do your own D/D. Good luck and happy trading.

[farooq]

Nothing changed closed on sell.

[farooq]

Thanks for visiting.

[farooq]

It does close on Sell signal, but today it tested last buy signal so I am bit long but I have some shorts also. I will take one side out when cloud is cleared. Stay happy and good luck in trading.

[paulgmx1]

thanks

[farooq]

During the day it came under sell signal but close above buy signal.
59.85 is sell stop on closing basis for tomorrow, signal is still long.

[farooq]

TNA closed on Buy signal on Friday, Stop is 59.20.

[farooq]

We went on Sell at stop, now sell signal is in place. Stop is closing above 57.75 on closing basis. Markets are like pendulum they go to extremes so stop trying to find a rationale, it is herd mentality.
I will not be available to update signal every day for few weeks, I will try if I could.
Good luck and happy trading.
Farooq

[farooq]

We cross 62.36 with strength, we are on buy now, but stop is moved higher already, stop is 63.23. For swing trader stop is 61.88.
Good luck and happy trading.

[farooq]

Still on sell signal, closing above 62.36 today will make me look again.
Stay put.
Farooq

[haha11]

RE.VISIT TNA DAILY....

daily.
https://schrts.co/XiKtBVPR

Intraday

2months

[farooq]

3rd is a charm.

[haha11]

RE-VISIT TNA Daily F...get ready above.R R..double stop will third climbs R.?.....

https://schrts.co/XiKtBVPR

[farooq]

There was no change in signal yesterday, seems same for today.