Price Action

My Swing Trading Strategy New week, month and quarter. I’m 100% cash coming into the day and will look to get long with 1-2 new positions. Always the potential for an April fools market fade. Be aware.  Indicators Volatility Index (VIX) – a 5% decline on Friday, and has dropped four of the last five sessions.

My Swing Trading Strategy I’m coming into the day 100% cash, following another low volume day with little conviction. Fading the opening move is on the table as is getting long on it, depending on how the market internals line up with price action.  Indicators Volatility Index (VIX) – The indicator has given up nearly all

My Swing Trading Strategy I sold my position yesterday in SPXU for a +1.5%. Not as much as I would have liked from the trade, but I also found it hard to justify holding it another day without the market showing a strong propensity to want to go lower. I may jump back in, if

Price alerts can be very damaging towards your trading success and shouldn't be relied on. In this podcast episode, I talk about why using price alerts can be a serious hindrance to your trading performance and why, for most traders it simply leads to unnecessary and avoidable losses.

My Swing Trading Strategy I’m light on equities and heavy in cash. I don’t mind deploying some capital today, but I need to see more out of this market in terms of conviction. So far this week, the market appears unsure of where it wants to go.  Indicators Volatility Index (VIX) – Another large sell-off on

My Swing Trading Strategy No new trades for me yesterday, as I sat on my hands and let the market throw everyone else around. Today’s pre-market strength may lead to an opportunity to re-short this market, and I won’t be placing a lot of faith, in the ability of the bulls to sustain this bounce. 

My Swing Trading Strategy I recognized the abnormal amount of weakness early on Friday, and tightened up the stops, so that I walked away with profits on all of my long positions, which included +6.1% on PYPL and +1.3% on NVDA. I am willing to play this market in any direction today, but will be

My Swing Trading Strategy I didn’t increase my overall exposure in the market yesterday, as I sold my position in Boeing (BA) for a small loss, after it simply refused to bounce. This morning, I will watch overall market action to see if the bulls are able too bounce off the overnight lows. Regardless, I

My Swing Trading Strategy I reduced my long exposure yesterday by closing out two positions, and adding one additional trade to my account. The bears have a similar grip on this market (this week) to what we saw two weeks ago. Nothing major, but certainly  keeping the bulls from pushing price higher.  Indicators Volatility Index

My Swing Trading Strategy The low volume trading environment is making for difficult trading conditions, as the market is unable to follow through or hold on to any gains to the upside, and thereby creating wild intraday swings that cannot be counted on.  Indicators Volatility Index (VIX) – Respectable bounce on the VIX yesterday, that engulfed