The3xETFTrader

The3xETFTrader

Trade Alerts

3x ETF Alert

3x ETF Alert

Energy based ETF ERX is 2x Bull Energy (XLE Underlying)

We have a 13 day consolidation in the XLE ETF and it COULD push higher out of this range, if not we will consider a double up later

ERX currently at 56.33

Trade Parameters: 

Max Entry 56.70 adding to possible low 55's over 24 hours until 1020 am EST tomorrow

Target as high as 63-64 but I will update…

3x ETF Alert

Quick Website Tips:   If you get an SMS text alert that has a URL for the 3x ETF Trade Alert Post, click on the URL in the text message, and when logged in you MUST click the post title to read a full post. This also is true for morning reports and regular posts online.  Click the title on any post in the Email to go to the website directly.  The…

3x ETF Trade Alert

Quick Website Tips:   If you get an SMS text alert that has a URL for the Alert Post, click on the URL in the text message, and when logged in you MUST click the post title to read a full post. This also is true for morning reports and regular posts online.  Click the title on any post to read the entire post.  The title will always be bolded black color…

3x ETF Alert

3x ETF Alert SPXL - 104.71 currently

Could pull back to 100-101 ranges in normal triangle pullback

SPXL is 3x Bull SP 500

Not as much upside as some other ETF's but we will start with our usual 10% allocation or 1/2 position size, work in from 1040 am EST today until 1040 am EST Monday especially on dips

Max Entry 105 adding on dips
Target as high as 126 further out…

3x ETF Alert- LABU Buy IF

3x ETF BUY IF Alert- LABU

Currently 108.72

10% position size to start- LIMIT entry starts at 105.20, not yet...

I would like to see a little more pullback before entering and it may or may not happen....

Here are the parameters:

BUY IF you see $105.20 at anytime, then we start to scale in over a full trading day window as always. If this happens at 2pm EST we scale in…

BITX Update and Options

3x ETF BITX Update

If you took a loss this morning at market 22.50 ish area that is fine and what I advised if conservative.  Those who remained long with a 23 stop near close of trading day are seeing BITX now  at 22.46

Bitcoin is hovering just above the 13 day EMA line which is one of the lines I like to use often for support. In the meantime the weekly…

3x ETF BITX Update

3x ETF BITX Update

The 34 day EMA line for Bitcoin is at 43,287... we are just over that now.  This is a typical bottom pivot, so lets adjust the stop on BITX to 23 near close of trading day, lowered from 24.  Currently 23.15

Our average is 24 on the 2nd half of trade, we already took nice profits on the front half.  In hindsight, obviously wish we sold higher yesterday…

3x ETF Trade Alert -SOXL Sell

3x ETF Trade Alert- SOXL

Closing out SOXL here for 11% gains at 28.35 from 25.50 avg entry on 10% position size.  Going sideways several days , lets book some profits here.  If aggressive, you can hold with 3% trailing stop loss. 

3x ETF Trade Alert

3x ETF Trade Alert- NUGT -2x Bull Gold Miners

New Members this will be your 10% position assuming you do not have a NUGT position currently

Doubling up to 20% full position. First tranche at 35.50 average

NUGT at 30.67 now

Trade Parameters are MAX entry 31 with potential to add to about 28.75 area on a dip, so work in during trading day today on several trades if you can

Once…

3x ETF Trade Alert

The 3x ETF service is for members only.  If you are not yet a member be sure to subscribe right here on the 3xETF Trader Memberful platform using the subscribe button in the upper right corner.  The Trade Alert details for members is below:
  • Scale in over 24 trading hours from the time of the alert 
  • We start with a 10% allocation and sometimes double up to a 20% full position later