Do You Micromanage Your Trade?
Here’s why you should, and how to manage winners with a “guidance trade” approach. This is one of my real needle-mover techniques which you can use right away!
Here’s why you should, and how to manage winners with a “guidance trade” approach. This is one of my real needle-mover techniques which you can use right away!
The choice to focus on short-term, intraday time frames is easy when you know what you are looking at. Here are my cues…
Even when I am watching price action move in a direction that is not follow-through, I am still looking at opportunities to enter trades. Even when I am playing defense, it’s really offense. New entries in the euro, pound sterling, AAPL, intraday Nasdaq, and crude oil.
The Nasdaq led the way lower on Monday while the S&P held immediate support and the Russell made a new high. Clearly we have some divergences in this market, and looking at the best sectors to participate in now will make all the difference into October expiration.
What positions am I into the weekend? And what we did we close out today? Check out tonight’s video.
The past few trading sessions have been volatile and both sides have seen their fair share of squeezing. What’s the big picture here, and how we can start getting prepared for the next run of earnings? Let’s review in tonight’s video newsletter.
Sometimes it is easy to get caught up in the idea of only trading the stocks we love. But if we lift our heads for a moment, there are plenty of other tables where the action is.
Keeping to the spreadsheet and the trading plan, here’s what I am looking for in our post-FOMC entries and what the GRaB, Wave, and Propulsion indicators are telling us. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and Forex setups. [iframe src=”https://docs.google.com/spreadsheets/d/1LRwtubz9DneCaSqqLZ6s7mXR9v6zvU7N1wzrOJk_rQ4/pubhtml?widget=true&headers=false”]
Today’s reaction with the FOMC saw casualties in gold, yen, and bonds, and winners in oil, dollar, transports, and financials. What does this mean for the markets tomorrow?
Today was textbook when it comes to the power of hourly and daily price movement ranges. They allowed us to “park and modify” and trade a “surprisingly” volatile day with ease. Here’s how and what. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and … Read more