Newsletter

The Week’s Recap: Hot Streak With IMNG, IWEB & Next Pick

Good Morning Fellow Traders,
We continued our hot streak last week, again, and I will always make sure I select carefully our pick in order to make sure we can all make money on these trades. We cannot hope to have a 100pct Win Ratio but without any special calculation, it’s easy to see that we are higher than 80pct, which is something that I will always carefully protect by working extra hard to find good picks.
So with that being said I’ll just recap some of the trades of this week.
We started Monday with IMNG and it kept going for 3 days, so we had more than enough time to book a nice profit on this one.

Then Wednesday we went with IWEB and this one gave us another amazing day…with close to 40pct intraday.

Also take the time to see the tools I use to prepare trades, you should learn from it and apply it in other trades. For IWEB I used a 15Min chart, going to smaller time frame allows me to find levels that are key and if broken can mean change of trend…this comes from experience. And sometime we can’t see everything on a daily chart, then I try to X-Ray with a smaller time frame.
Here is a view before and after the trade, so you understand, I showed you these Wednesday but I thought it would be important to show them again in order for you to learn from it, as sometimes during the week you might not have the time to analyze the reasons behind some of these charts and it’s truly to give you an edge.
BEFORE :

AFTER:

Also just to make sure you get a good feel for most of the active stocks, all the cannabis stocks have been pulling back these last few days, but I’m trying to look for a special situation play in the cannabis area, once we have it I will definitely let you know.
To finish, because I know many people have followed this trade, here is a quick view of SWVI:

On this I wish you a great Sunday and get ready for the next week, we will have some great picks again.
Alexander.

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Stocks covered:	Compensation:	Avg $ Volume for Period:
IMNG	$55000	UNKNOWN
Max Profit: 2.79 %	Gain at close: 0.00 %
*We think that this promoter is a part of a group of promoters.

Newsletter

The_Week_ahead Feb 10, 2013 15:12