Sold CSX

Sold CSX @ 47.50.

The 1Y Daily chart looks like it has rounded off up top, I don't see it going much higher.

ES Long

Went long ES (E-mini S&P 500 Futures) @ 1101.75

Holdings at the start of this blog...

I figured I should post what positions I'm already in at this point, where I got in, and what direction I entered.  (By the way I trade through Thinkorswim platform)

• Longs:
• CLNE
• CSX
• DPS
• M
• TRC
• Shorts:
• GS

I'm going to speak of GS in particular.  Shorted GS on account of the bad rap they've been getting recently; the Greece currency swaps primarily.  I also drew out a pretty interesting chart, by the looks of it the channel and trend lines intercept vertex is approaching which could prove to be a vital point.  THIS LOOKS VERY SIMILAR TO MID 2007. The triangle they form is giving me further reason to believe this is going to drop.  If GS passes 165 within the next two weeks then I am probably wrong.

We will see.

-Krames

Welcome to Krames Trades

Welcome to Krames Trades

Krames is the name, and I made this blog to share my picks and technical analysis when it comes to the markets.  I decided to start this blog not so much for people to read, but as a personal log for myself. I thought that it would be neat to document myself as I advance in skill (hopefully), and to allow other people to experience my ups and downs as well. That being said, I am in no way giving advice, and cannot be held liable for losses incurred by following my foot steps. Feel free to comment on posts as to why you think a position might be a good/bad buy/short.

-Krames