Sign up for tips & tools and receive a free scanning tool!
 

The right tool for the job. If we don't have it, we can make it!

Monthly Archives: January 2012

  • Short and Sweet!

    Hawk’s Scan Sentry Report January 30

    Welcome to Hawk’s Scan Sentry Report. This is Sunday night with equities analysis from Jan Arps’ Scan Sentry Toolkit for the week beginning January 30.

    This week’s technical analysis will be short and sweet. After testing 1330, as predicted two Scan Sentry reports ago, the S&P daily futures contract has retreated a bit. As of this weekend the Radar2 Price Leader has officially moved south of the center-line into deceleration mode, and unless the market can generate some more buying pressure soon, the Radar1 Fear Greed indicator is exhibiting a Bearish Pivot divergence implying it may be time to exit long positions in anticipation of a ‘short–term’ market correction. If it does go south, we’re looking for resistance around 1280; and then 1260 will be the line in the sand. I’m looking to buy pullbacks in these areas.  I wouldn’t be surprised to see the NQ contract come back and test the 2400 range in the near future.

    Of course, the market will do what it wants… if we do break through 1330 to the upside on the ES contract the market will likely be hungry to test last year’s highs around 1350.

    We’ll see...  I am, as always,  looking at trading opportunitieas in both directions so that I can be prepared to trade with the tides of the market index trends.  Here is a sampling of a few that are on my watchlist this week and some of the reasons why.

    _____Longs_____

    LOPE

    (This is a stock which broke out to new highs with pleanty of buying pressure 12 bars ago and is retesting the breakout point. I like the Pullback 23 signal at this key juncture, as well as the upward pointing Radar2 Price Leader).

    CCI

    (Bullish Radar1, Radar2, Radar3, Triple Trender… it looks like the price has paused here. Look for a pullback into the Triple Trender for an entry for a longer term trade. Stop-loss around $43.48).

    _____Shorts_____

    PCG

    (This is a test of a downward pointing trendline following a Bearish pivot divergence. Put your stop just above the Long-term Trender ar  $12.13).

    CRR

    (I like the Trender Pullback into the Long-term Trender just before the gap down. Not much buying pressure here).

    May the trend be with you,

    Hawk

    Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only.  It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading.  Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.
  • Trading the Lines

    Hawk’s Scan Sentry Report January 23

    Welcome to Hawk’s Scan Sentry Report. This is Sunday night with equities analysis from Jan Arps’ Scan Sentry Toolkit for the week beginning January 23.

    This week I want to talk about a technical analysis technique that you probably already know about, and may already use... that is trendlines.  If you ask 10 traders to draw a trendline on the same chart you will likely get 10 different lines… or more.  Well, as far as I’m concerned there is one 'proper' way to draw an up-trendline and that is to connect the most recent swing low with the next most recent lower swing low and project to the right. If there is no lower swing low, then a horizontal line at the most recent swing low will substitute for your uptrend line.  The same principle in reverse is true for downtrend lines. You connect the most recent swing high with the next most recent higher swing high and project to the right.

    Once you have identified your trendlines they will typically work as support and resistance. The price may cross them and then take off in a new direction indicating a breakout, or the price may test them and then return to moving in the direction of the trendline indicating a pullback in a trend. Trendline pullbacks and breakouts can both be good entry points. Of course, if you are already in a position and the close penetrates the trendline which is going in your direction, you may want to exit your trade. However, I will usually use the Arps Trender as my exit line instead of the trendline because the Arps Trender is much more sensitive to the sideways motion of the price when it is consolidating.

    Many (but not all) of the trades I’m looking at this week have been identified by our automatic trendline tools which help me identify the breakouts and pullbacks across the trendline. Let's take a look at a sampling of this week's watchlist.

    _____Longs_____

    SLV

    (The silver ETF is a volatile stock, but I like the trendline breakout following the bullish pivot divergence. Also SLV is getting very close to a bullish Triple Trender alignment).

    KCG

    (A nice trendline breakout with plenty of buying bressure identified by the Radar1 Fear/Greed indicator. All three Triple Trenders are bullish now).

    OSUR

    (Although this trendline breakout may pullback into the $10.00 range, I think that this stock has some longer term bullish potential).

    _____Shorts_____

    POR

    (Another one of my favorite set-ups… a pullback into a recently synchronized Triple Trender preceeded by bearish divergence indications in the Radar1 Fear/Greed indicator).

    WPI

    (This has broken down below the up-trendline, then pulled back up to test it and broken down again. Note the bearish ‘Trend’ or continuation divergence 6 bars ago).

    May the trend be with you,

    Hawk

    Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only.  It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading.  Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.
  • Finding Divergences the Easy Way

    Hawk’s Scan Sentry Report January 16

    Welcome to Hawk’s Scan Sentry Report. This is Sunday night with equities analysis from Jan Arps’ Scan Sentry Toolkit for the week beginning January 16.

    As we all know, the S&P has been gradually making new highs since the beginning of the year. Although in late November the Triple Trender and Radar3 Trend Strength Index confirmed the most recent bullish thrust of the S&P  index (using the continuous index futures contract),  currently some of the indicators I’m looking at have not yet confirmed nor denied the likelihood of continuing this bullish trend .  We currently rest at a significant trend-line resistance.  A couple of down days and we will be looking at a Pivot divergence with Radar 1 Fear Greed and Radar 2 Price Leader. If we keep making a few more higher closes, then we can expect to see the contract  test 1330 and 1350.  I’m not predicting, but I am getting prepared.  I’m looking for both bullish and bearish opportunities and I'll share a few of those with you here. On the charts below you will find a sampling of my watch-list for this week and some of the reasons why I find them interesting. This week many of these were identified with the Arps Auto-Divergence scanning tools… some of my favorite tools in my toolbox. Although they allow me to use any oscillator to which I have access in order to find the divergences, I prefer to format them using the Arps Radar2 Price Leader or Arps Radar1 Fear/Greed as my divergence oscillators of choice.

    _____Longs_____

    NU

    (I like the coincidence of the Pullback 23 signal with the TE1-Oversold signal and the Bullish Trend-Divergence signal. Note that the divergence dot and trendline were plotted with the Arps Auto-Divergence tool (I thickened the line the tool drew in order to make it easier to see)).

    ICE

    (A nice Bullish Pivot Divergence identified by the Arps Deep Dip Double (DDD) and Deep Dip Triple (DDT) Auto-Divergence finders).

    _____Shorts_____

    DECK

    (I like the confluence of the TE-1 Overbought signal and the Pullback 23 signal, confirming a Bearish Trend-Divergence).

    BBY

    (In this case, I like the first pullback into a newly synchronized Bearish Triple Trender coinciding with a bearish Pullback 23).

    May the trend be with you,

    Hawk

    Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only.  It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading.  Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.
  • Looking for Trends in a Sideways Market

    Hawk’s Scan Sentry Report January 9

    Welcome to Hawk’s Scan Sentry Report. This is Sunday night with equities analysis from Jan Arps’ Scan Sentry Toolkit for the week beginning January 9.

    After gapping up almost 20 points on Tuesday to begin the new year, last week the S&P futures contract closed less than 1 point away from where it opened. So this week I’m looking at stocks that actually went up or down while the rest of the market went sideways. These are stocks that I am watching for a continuation pattern. Consequently, many of the equities I’m looking at this week have had recent Flag pattern breakouts as identified by the Arps TTB Flags scanner of the Scan Sentry Toolkit. Here’s an image of the scanner. 

    The lighter green cells and the magenta ones represent Flag patterns that are setting up but have not yet broken out of their consolidation phase. Of course there are quite a few other set-ups  in my Scan Sentry scanner as well, but we’ll discuss those another day.  One of the reasons I like the Flags patterns is because they provide specific target objectives.

    Here are a few of the stocks I’m looking at for short term profits (long and short) this week. Hopefully they will do better than the ones I published last week.

    _____Longs_____

    NTRI

    (This flag has almost reached its target of $16.03 and all of the Radar tools are very bullish ).

    FNB

    (This is another flag pattern making higher highs with positive signs from the Radar tools and Triple Trender).

    FTK

    (Flotek has been showing a lot of accumulation since October. I expect it to reach its Flag target of $13.58).

    CTAS

    (Although this one is not a Flag breakout pattern, when the price blows by the Overbought Trend Exhaustion 1 signal it’s a good sign that you are now in a trending market).

    _____Shorts_____

    SPRD

    (Although there may be a short term upward pullback here, I expect this one to follow through down to $12.12 on the recent Bear Flag breakout).

    TDC

    (I like the recent Bearish Pullback 23 along with the strong selling pressure identified by the Radar1 Fear/Greed histogram).

    DKS

    (This one is a little riskier; but I’ll be watching it nonetheless).


    May the trend be with you,

    Hawk Arps

    Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only.  It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading.  Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.
  • 2011 was Good, 2012 will be Better!

    Hawk’s Scan Sentry Report January 1st

    Welcome to Hawk’s Scan Sentry Report. This is Sunday night with equities analysis from Jan Arps’ Scan Sentry Toolkit for the year beginning January 1st, 2012.

    Please allow me to take this first of the year opportunity to wish each of you a happy and profitable 2012. In our trading we will sometimes make money and sometimes lose money; but remember, that is not the essence of who we are. Making money is the reason we trade, but the reason we want that money is for the comfort and security it brings.  Please keep sight of the truly precious things in your life… the reasons you and I strive so hard to trade successfully and increase the value of our accounts. We all want to live a full and happy life, and most of us want to share our time on this Creation with loved ones in good health. My wish for you in 2012 is that your life be filled with these and other good blessings. And I hope that these free weekly reports help bring our hopes and dreams to fruition.

    And now for the weekly equities analysis. This week I am seeing more selling signals than buying ones. The S&P futures contract is once again at resistance and showing bearish divergences signals with the Radar2 Price Leader as well as the Radar1 Fear/Greed indicator. However I am, as always, preparing myself with bullish as well as bearish stocks to watch this week. Below I have listed a few of them.

    _____Shorts_____

    RE

    (Note the bearish ‘OB1’ signal coinciding with a Pullback 23. I also like the way this ‘bearish trend divergence’ has formed against Radar2 Price Leaser).


    CDE

    (Note the Bear Flag Breakout and then the pullback to the breakout price).

    _____Long_____

    FIRE

    (I like the coincidence of the Trend Exhaustion 1 Oversold signal with the Pullback 23 signal. Warning...this should be considered a relatively risky short term opportunity... beware of the bearish pivot divergence with Radar1 Fear/Greed which has developed over the last several weeks ).

    May the trend be with you,

    Hawk

    Jan Arps’ Traders’ Toolbox is not an investment advisory service nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Examples presented on this site are for educational purposes only.  It should not be assumed that the methods, techniques, or indicators presented in these examples will be profitable or that they will not result in losses. There is a high degree of risk in trading.  Readers using this information are solely responsible for their actions and trade at their own risk. Readers should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.

5 Item(s)

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Full Risk Disclosure

make up wisuda make up jogja prewedding jogja prewedding yogyakarta berita indonesia