Delta Trade of the Week
Last Updated: Wednesday, 2/18/2009
Delta timing solutions continually hit the mark with advance warning of significant market moves. These are recent examples. Bookmark this page and check back each week for current updates.
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I just wanted to take a minute and say thank you for all the work that you guys do. My trading would not be the same without the Delta perspective. It is truly amazing how the markets come back in line with Delta timing points. As an options trader, trading the long term cts turning points with the trend and the commitment of traders has let me forget the daily volatility. My success would not be there without you. Your insight to the markets is greatly appreciated. You are going to be there for another 50 years.J.B. - Friday, June 16, 2006
Commodity Trade of the Week
Cotton
Short Trade on Cotton by Kirby Cooper, Commodity Division Director
Box numbers are Long Term Delta Points in light blue Circle numbers are Medium term Delta Points in dark blue Red numbers are Intermediate Delta Points in red
On April 4th I told the members of the Delta Society to look to the short side on Cotton. The market moved down to the M-4 low after the L-4, M-3 high came in. Cotton was range bound moving sideways to the M-5 high. Would Cotton move up in price or down in price? Delta Timing suggested looking to the short side for the trade, trading down to the L-5 low at M-6. I-9 high was in, when we had this bar develop on April 4th. I suggested selling at the low of that bar. Notice to the right of I-9 starts the inversion time window where Delta Timing says large moves take place. The Inversion Time window is at point 1 in any time frame.
Click on image to enlarge.
Our sale came a few days later on April 9th. Once in the trade we put our stop above the high bar at I-9. We have now moved down to the I-2 low. I posted last night to place a stop at the down sloping trend line or us the Parabolic Stop the green dot. You might be asking why we don't just stop out at the I-2 low.
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The reason is the inversion time window, many times I-2 will invert to a high where the market will continue to trend down to I-3 where M-6 is due. Look at the chart below, I inverted the I-2.
Click on image to enlarge.
We have a trailing stop in the market either way. The weekly chart below shows we are at support. Some traders take profit at these levels with a limit order; others let the market take them out with a trailing stop.
Click on image to enlarge.
This is an example of how I trade with Delta Timing. I post trades daily on our support site trade-delta.com as I see Delta Timing defining them. Remember, great tools mean more profit.
Trade Well,
Kirby Cooper
Stock Trade of the Week
Golden Star Resources
Golden Star Resources (GSS) Long Trade
On November 13, 2008 the Delta turning points, Elliott Wave Principle and technical indicators signaled a long trade in GSS and an order to buy 20,000 shares was filled on a market order at .55 cents. After this order was filled price moved to .40 cents and formed a new bottom in GSS at the Delta I-10 and confirmed the L-7 low. On December 15, 2008 a signal to exit this trade materialized and the order to exit this trade was filled at .81 cents. Although price did move higher, in the past it has proven wiser to enter and exit on signals from this trading system. The indicators at the bottom of this chart identified the rising volume occurring from 12/12/08 to 12/17/08 was predominately bearish. This trade produced a profit of .26 cents per share with a total profit of $5,200.00 (+47%) in twenty-one trading days on an investment of $11,000.00. The price of this stock continues to move lower from the 1.32 high on 12/17/08. As soon as the corrective move down from that price high can be confirmed as complete a long positioned trade will be entered in this stock. The next signal to trade this stock should identify with a continuation of the uptrend and justify being heavily invested in GSS. To take advantage of future profitable trades go to www.deltasociety.com/stockletter.aspx and subscribe to the Wisotzkey Stock Trading Newsletter.
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This report contains stocks I personally trade. Market conditions, timing, and trading skills all affect the outcome of stock trades. Trade with money you can afford to lose and trade at your own risk. Past performance is not necessarily indicative of future results.
Good Trading,
Dick Wisotzkey
