May look at taking my first short trade in almost three months (that's a record for me) That doesn't make  me necessarily a perma-bull (though I do feel like it), I have just not found it, based on the way I trade personally, to successfully trade short in this market. However, this market does worry
CME Group (CME) breaking out of continuation triangle Stock:Â CME Group (CME) Long or Short:Â Long Entry: $70.06 Stop-Loss:Â $67.43
Lazy Trades Long & Short Trade Setups We are finally seeing some spunk out of this market that has lacked it for the better part of two-plus weeks. That’s saying something as we’ve bounced over 15 points off of the day’s lows this afternoon. Essentially we have seen the buyers finally show back up and
I’m’ not a big fan of these commodity miners – particularly when it comes to silver miners, because usually it is ultra difficult to find a the right setup that offers an ideal risk/reward opportunity. I might have to really rethink that one here though, because, we’ve got two mighty tempting setups here – the
Weirdly we are up on the day. It doesn’t feel like that, i think primariy to the churning we saw early on, and the constant reversals. I think the big picture states that the positive that can be taken from the day is that we managed to finish higher and stop the selling as well
A lot of things going right in Apache (APA). Can’t help but really like what I am seeing in this stock here…. Here’s the chart and setup.
I’m really liking these swing trade setups. The problem is whether this market can bounce back and push higher, or whether we are in a longer-term distribution phase of this market that will ultimately send it lower. I’m not a big fan of making a wild guess, so for now, I’ll simply say that “I
Humana (HUM) with ascending triangle breakout I’ve only added one new trade so far today. A lot of stocks are trading at some heavy extremes intraday, particularly when you are basing it off of Pivot Points. I don’t like to trade stocks when they are above the R3 level intraday, like we see in Amazon.com
I’ve added all three of these stocks to my watch-list today, as I found the price action very inviting. As with any small cap/low dollar stock there is a lot more risk that is involved in trading them, but with that comes the alluring possibility of out-sized gains that might not otherwise be realized trading
I like this trade setup quite a bit and has served me well so far with  Hornbeck Offshore Services (HOS). I swapped Diamond Offshore Drillers (DO) for HOS and the net gain between the two has been much better had I just stayed in overextended DO. The ascending triangle breakout at the highs is often times