Tag Archive: invalidation

Jun 26

Trend Following Update: Exiting Long Sterling

AlphaCapture

We’d made it clear after we got exit signals for our 3 other currency positions last week that Sterling had just survived but a close below the 1.5380-60 level would be enough to see us exit, and we got that earlier today. We exited at this evening’s open for a loss of $1,712.50 per contract. …

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Mar 28

Long IBM – ‘Big Blue’ Flashes Green

AlphaCapture

It’s interesting that after many buy signals in defensive sectors like Healthcare, Consumer Goods, and Staples, we now have $IBM, one of the biggest of blue-chip names, giving us what I believe to be a low-risk entry to a strong long-term uptrend. A quick look at the last two years on a weekly chart shows …

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Mar 04

Long Microchip Tech ($MCHP)

AlphaCapture

I’ve liked Microchip Tech ($MCHP) for a while but it hasn’t given me the low-risk entry I was looking for, until now.┬áHere’s the weekly chart where you can see the breakout it had from a huge descending triangle last month. Looking at the last six months in more detail on the daily chart below, you …

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