Boring Trend Trades in a Wild Week
Here’s where scaleable — dare I say boring! — trend trades are still the way to look for opportunities. In this example, here’s how I have been handling the uptrend in bonds.
Here’s where scaleable — dare I say boring! — trend trades are still the way to look for opportunities. In this example, here’s how I have been handling the uptrend in bonds.
It’s a week that could not be more packed: tech earnings, FOMC, GDP, and PCD… the trends that are intact in front of the FOMC are my focus.
I’m setting up the pullback in SQ again since it is a royal setup. It has triggered on a 5 minute chart. Your risk is defined.
ENPH has earnings tomorrow, and I like the high IV in addition to macro and fundamental factors I’m looking at for a bullish trade. Let’s look at the charts and walk through the trade.
FAANG earnings have arrived, and this week we have a very busy schedule with TSLA, MSFT, AAPL, AMZN, GOOGL, and more all reporting. Let’s go over each one and talk about how I’m trading them and why.
Intraday traders, spend a few minutes with the daily time frame. It will give you an edge over those that don’t.
From the NASDAQ to ES to US dollar and others, there are plenty of markets that could be bought on the dip. Here’s what is on my Radar.
With the market doing another dip followed up by a monster rip for ATH, we need to be patient at these levels leading into big tech earnings. The market has continued to melt higher so I am ready for more upside but have to manage risk the higher we go. As of now, earnings are being rewarded with good reactions. If this upcoming earnings schedule delivers good results, the market could easily continue its bull run. If somebody big disappoints, I’ll be looking for another reversion to the mean.