My Swing Trading Approach I have identified some key trade setups that I want to take a stab at right out of the gate this morning. Should this bounce hold today, and in the days ahead, the potential for a 100 to 150 point move for SPX looms very, very large and could be one
My Swing Trading Approach Stopped out of two of my long trades, but quickly hopped back in once the market showed signs of bottoming and rallying. I may add one additional long position today if the market can put together a convincing rally, but more likely than not, I’ll be watching from the sidelines and
This was a nice bounce for the bulls off the lows of the day…. really nice. I didn’t see it happening to this degree. I was stopped out of both my long positions early on, but I quickly got back in one of them, and then added another. So I am fairly happy on the
My Swing Trading Approach Put my stops in on my current trade setups, look for a washout in the market that allows for a possible bounce from there. Otherwise, I don’t plan to trade this market at all today, unless a bottom can be put in place first. The potential for a very nasty market
My Swing Trading Approach Still a very poor trading environment of late. Gap-ups in an oversold market makes for nearly impossible trading conditions. Remain patient in this market and don’t be overly aggressive with either side of the trade.  Indicators
My Swing Trading Approach Nothing took yesterday, one of the more annoying days of trading, as the two trades I came into the day with were quickly snuffed out, and then I tried a low risk day-trade in Netflix that quickly went for nothing. The losses weren’t bad as risk was kept tight, but the
My Swing Trading Approach I booked profits in AMZN yesterday for a +2.2% profit, while adding one additional long setup. Still a light portfolio, and will continue to do the same into today. Indicators
I know there are a lot of you bears out there dying to reshort this market, assuming it is just a dead cat bounce. And you may get that change eventually, but be patient. Don't try to force it. These bounces take time to play out. The bounce, following the February lows being established on
My Swing Trading Approach I added one additional long position yesterday to the portfolio, and will increase the stop-loss in both positions to protect profits. I will look to add a new position today, if the bulls can keep a handle on the market. Indicators
I suspect we’ll keep the bullishness up this week, and stir up the FOMO feelings among traders where they keep piling on with the buying, and the shorts, well they’ll keep getting squeezed like they have been today. However, should that not be the case, and this market falters at some point this week, and