{"id":135898,"date":"2018-10-22T10:15:56","date_gmt":"2018-10-22T14:15:56","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=135898"},"modified":"2018-10-22T07:43:57","modified_gmt":"2018-10-22T11:43:57","slug":"skilled-traders-can-find-profits-in-small-caps","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/skilled-traders-can-find-profits-in-small-caps\/","title":{"rendered":"Skilled Traders Can Find Profits In Small Caps"},"content":{"rendered":"
October 22, 2018<\/div>
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By TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

The recent downside price rotation in the US Equities markets has been a blessing for skilled traders.\u00a0 The opportunities for profits are setting up all over the markets \u2013 you just have to look for them and understand price theory.<\/p>\n

The Small Cap ETF, TNA, is setting up a nearly perfect example of a quick in and out trade for a potential profit of 8% to 15% or more.\u00a0 We understand the fear that many traders may have in the markets right now and we understand the reason why many experienced traders decide to sit on the sidelines while these types of moves play out.\u00a0 Yet, we believe the opportunities that exist while these volatile market moves are playing out are some of the best setups for experienced and skilled traders.<\/p>\n

Typically, volatility may only be only 20% or 30% of the current volatility on average trading days.\u00a0 In other words, you might be waiting 3x to 4x (or more) longer for the same types of price swings to occur.\u00a0 If the opportunity presents itself and you have the skills and understanding to dissect the trade, why not take the opportunity for these great, quick moves?<\/p>\n

Let\u2019s take a look at the TNA setup<\/strong><\/h3>\n

This Monthly TNA chart illustrates the Price Channels that our research team has suggested present the opportunities for this LONG trade setup.\u00a0 Our research team believes the primary BLUE price channel is acting as support for the current price near $65~70.\u00a0 As long as this lower price channel holds, then the potential for an upside price reversal towards $78~80 is rather strong.\u00a0 The MAGENTA target level is price resistance from 2013~2015 and would be an immediate price target for any relief rally from these lows.\u00a0 The Breakdown Zone is where we want to alert our followers to be cautious.\u00a0 If the price does not rally and falls below the Breakdown Zone, this trade is invalid.<\/p>\n

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This TNA Daily chart more clearly illustrates the trade setup that is currently setting up.\u00a0 The relief rally on Tuesday, October 15, rallied to near $74 from lows near $65.\u00a0 This type of price rotation establishes a price range and shows us what is capable if the price were to enter a rally mode.\u00a0 Again, the MAGENTA level is our immediate price target for any new long trades near these lows.\u00a0 Our opinion is that any new long entries below $70 are sufficient for most skilled traders and, of course, waiting for deeper price entries could be very advantageous.<\/p>

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Don\u2019t get greedy with this one just yet.\u00a0 We still believe the price will rotate lower after reaching near the target zone and form a major price bottom near November 8~12.\u00a0 Think of this as a scalping trade.\u00a0 Once you have entered your long position, any price level above $75 is sufficient to call this one a \u201csolid winner\u201d.<\/p>\n

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We continue to deliver superior results to our subscribers and members.\u00a0 We hope you are enjoying our free research articles and are able to gain insight and understanding of our work, research, passions for the markets and willingness to share our knowledge.\u00a0 If you find our work helps your trading, then take a minute to really see what we offer our subscribers by visiting\u00a0www.TheTechnicalTraders.com<\/u><\/strong>.\u00a0 Consider trying our services for a three month period to see how we can help you stay ahead of these moves and find greater profits.\u00a0 If you want to read more about our detailed market research, please visit\u00a0TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

Chris Vermeulen<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By TheTechnicalTraders.com The recent downside price rotation in the US Equities markets has been a blessing for skilled traders.\u00a0 The opportunities for profits are setting up all over the markets \u2013 you just have to look for them and understand price theory. The Small Cap ETF, TNA, is setting up a nearly perfect example of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-135898","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=135898"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135898\/revisions"}],"predecessor-version":[{"id":135901,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/135898\/revisions\/135901"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=135898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=135898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=135898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}