Well , take two. After I de risked the first time , the trades raised stop hit , and kicked me to the curb . That's one thing about the way I like to de risk , lots of stop outs and the requirement to get back in when the stock tells me to . I am not a fan of the looser price action here last few days , still a TT's name with a major 2/2 gap open and strong RS ...
I have waited in the bushes for a long time , AND not once but twice before I have chased the notorious EXRO beast but my claws missed him, or her lol , but this time is different , this time we are in a confirmed stage 2 mua ha ha , feel my CLAWS .
Took this one at/near close . TT's name with open 2/2 gaps and nice squiggly lines .
Here goes another shot on LABU , based on yesterdays signal but we are in a TTR ( tight trading range) , so not the best setup , but having said this, I wanted to make sure I stayed focused on LABU since I think that it is a leader based on all the biotech stocks ripping for quite a while now and the fact that it has been seeing some massive volumes and bottomed...
Spy just broke of its bear trend with its first higher high on Feb 1st as it broke above the Dec 13th high , similar story for QQQ which ended its bear trend on Jan 22nd , slightly stronger. While this is great , the FTSE has actually managed to close at an all time high . In addition to that France and German 40 indexes are also exhibiting strong RS . The...
This a weaker name right now compared to some others I took but I have been waiting for an entry and if it works the stop is tight so I can potentially de-risk it quickly . Also could be near am impulse area . Kind of on the fence with this one right now mostly just liked the do or die area that created a tight stop and tighter moves we are seeing last few days ...
Entered here , TT's stock , with some nice open 2/2 gaps Good RS , earnings not too near ... Now i'll check out their website to see what they do ... MNST looks good too ... but in a TTR ..
German 40 shorts are getting more and more aggressive , this has been the theme all year long , they refuse to believe that this is a bull market and continuer to short more and more . **The same is true for: Dow jones at 64% net short , US 500 at 63% net short France 40 at 84% net short and FTSE 100 at 85% net short All the big markets are net short per...
XLC ( communications ) stage two tryouts SMH ( semiconductor ) stage two tryout and XLF ( Financial ) stage two tryouts In addition we have PPA KIE PAVE AIRR FMIL all in the GLB club ... Bull market ~
This is a perfect example to fine tune earnings based rules for entry . I think todays gap down is all too familiar in the stock market around earnings and thus not too hard to avoid . My strategy, although it try's not to trade too close to a stocks earnings , does not have concrete rules for 1) max days I can take a trade pre earnings 2) How much of a de...
Usually I only post on stuff I'm buying but I wanted to do a quick take on NFLX since I personally have seen quite a few bearish posts and chatter on it and I find that interesting since for me its one of the best names out of the large cap stocks right now and personally I think that shorting the leader is probably not a good course of action . NFLX is actually...
This one actually fell off my radar due to a glitch in displaying institutions percent of float on finviz, but back on to ASO and I like todays signal so let see how it goes ... I wanted to leave allowance in my account to re enter EXTR and ABC or MNST but of these names only MNST is acceptable to reenter due to earnings so I decided that taking LW and ASO today...
Taking a hybrid signal we have pulled back to the same range as thurs jan 5th where we had an earnings based gap up wedge pop , I am calling this a hybrid signal because we have not bought the day of the wedge pop but rather waited for a subsequent area of interest were we may be oversold . I may be making a mistake in the sense that this is not back tested but...
First trade of the year . With a valid GTM , but stunted , progressive exposure is key , I have no idea what this company does and I watched their website about us vid , so just bought squiggly lines . I know their EPS traits are good and their chart looks nice , and that's all . Showed RS yesterday and is qualifies as a TT's name .
Originally missed my entry , but just took advantage of a small little sell off to get in around nearly the same price as the signal day on Jan 23rd . I like how we are sitting on MNST's GLB line and we are consolidating right at its highs in a TTR , stock is in BOM ( breakout mode ) but could go both ways , up or down , also could just go sideways an maybe stop...
GLB name , coming out of a base , sitting on its GLB line . Not educated about the company or its fundamentals but it has continually said hi to me for most of 2022 and this looks like an alright setup , so here goes , trade two of 2022 .
Hey everyone , so those that looked at my previous ideas know that I was pretty good at posting profit targets and stops last year . I think that was an important step for me to get a consistent process down , I am still following that exact same trade management and have no intentions of changing it , trading like that gave me a positive expectancy in a very bad...
Re-Entered LABU today . Standard trade management . see chart for details and notes .. we are in a TTR so probably a good idea to wait for a break above 8.44$ and trade this with a buy stop above that days close but I am trading it here because that is what my system requires of me .