How to get an alert to a trending day.
There are days that I reel my daytrades in before lunch and days that I give a trade more latitude to keep trending. Here is the simple technique I use to know when to expect a trend and when not to.
Archives: Daily Videos
Buying the Head & Shoulders
This week opened with a nice bout of volatility. But is that something that’s here to stay, or the last hiccup of 2019? Let’s discuss both points of view in a key ETF, SMH.
Stepping Lightly
There’s so much to consider in the current market. We finally saw some real selling earlier in the week, can we see more? At the same time, this is one of the stronger trends in recent memory — what can we buy? These are a few things I’m considering as we get into tonight’s review.
Short term setup + Ripple Conversation
To access this content, you must purchase Bruce’s Income Accumulation System (Monthly), Mastering the Trade Room (Monthly), Voodoo Mastery (Quarterly) or Tr3ndy’s SPX Alert Service (Monthly Trial Add-on), or log in if you are a member.
Narrow Ranges? No Problem.
Today, as in many days, we see the bulk of the movement occur before the 9:30 bell. Today’s action, however, did trigger a bearish breach and offered up some retest and retreat entries for shorts. Narrow range? No problem, wait for the trigger and don’t get too greedy. Here is a walk-through of the Dow.
Keep Calm and Stick with the Process
It seemed like today that the follow-through would never come and then suddenly the opportunity came. That’s sticking with the plan. However, I am aware shorts are always under the threat of a “trade war optimism” headline like today. A couple down days in the market and like clockwork, we see the “progress” and talks back “on track” … so what is a daytrader to do? Keep Calm and Stick with the Process.
What sell off?
In this video, we talk about the 2 day dip in the market and how I think the small selling will likely give us the break needed to take us even higher.
Buy the Dip or Sell the Rip?
To access this content, you must purchase Bruce’s Income Accumulation System (Monthly), or log in if you are a member.