So, for some of this I am basically printing my dirty laundry here today :) So, I have a small account that I use for swing trading at this point because , well , when I started in 2020 , I really sucked lol ! Turned a 28K account into a 14K account all in less than a 6 month period . Consistently losing , often in big chunks , was my specialty lol . Funny...
Back in at end of day after getting stopped last one . 30.89 in Stop 27.83 Pt 1 - 33.95, sell 1/6 , raise stop to half risk Pt 2 - 37.02 , sell 1/6 , run balance
Key takeaways . We been been in higher high structure since 30th June 2022 but we are changing character here to what could be a range or a breakdown . I like the three areas of potential support we are visiting now and I am hoping to see a push back up above the 21 ema pre close or tomorrow morning. The longer we spend under the 21 ema , the higher the...
Based on WMS history , we may not see a daily wedge drop n pop setup for a while , we normally have not seem hourly even , so I decided that since this is , to me , the strongest name on my list of stocks , I will try to take advantage of this hourly entry . The position will be DE risked like an add even though its my primary buy . I may need to try it a few...
Just on the road so will have to fill in the details after this but basis is above the 21 Ema and 50 sma take back , volume surge was seen on 5 min at end of day .... Stop vs 21 Ema area ...
WP entry but in a range... 9.09 in Stop - 8.33 PT 1 - 9.76 , sell 1/4 PT 2 - 1043 , sell 1/4
This is a special chart, to my eyes at least . First of all there's a ton of consecutive green up days with great volume coming in ... We have gaps We have minimal wicks , strong days Earning and sales that outperformed Intuitions are buying , at 87% of float and positive transitions . And we have a GLB ( green line breakout ) to an all time high . This...
WP entry on HUM above GLB . 483.23 in Stop 478.23 PT 1 - 9.76 PT 2 - 10.43
Been watching this one for all of 2022 and now we have an entry . 50 sma take back, hammer today and WP yesterday too . Also market went into GTM today with the wedge pop on QQQ. I like how MCK managed to keep it together in this TTR too, strength~ Entry 320.73 Stop 309.57 PT 1 - 331.76
Back in for another LABUing ;) Basis is a wedge pop but little bonus its also a wick play Entry 9.15 Stop -8.26 Pt 1 - 10.04 , Sell 1/4 stop to half PT 2 - 10.94 , Sell 1/4 run balance
Alright well indices sill closed above 21 ema , just but that gives me permission to get back into GIS after the first attempt was quickly stopped out today . Waited until the aftermarket to see some positive initial signs on qqq/spy futures so that's why my price paid is higher than close . 74.52 in Stop 72.57 PT1 - 76.54, sell 1/4 stop to half Pt2 - 78.56 ,...
End of day entry on same price action but only much smaller size than earlier attempt *took out prior two lower highs and 50 sma takeback Entry - 28.49 Stop - 26.59 PT1 - sell 1/4 at 1R , raise stop to half risk PT2 - sell 1/4 at 2R then trend follow balance and add when applicable Risk to account 0.5%
This is a slower account that I am using a portion of my TFSA for , the backtest method is to sell 1/3rd at 2R but I am changing this to get more proactive on taking profits , this is its second trade of 2022 and my first trade was a loser but honestly should not have been . The stop was too far imo and I still had a 2R de-risk point . So , I am doing something...
Took an hourly wedge pop near the close on labu and seems to also be a bounce off trendline here too .. I like the proximity to my 10/21 emas here and I like the hammer bounce off TL. Entry - 8.82 Stop - 7.88 PT1 - 9.78 . sell 1/4 , stop to half risk PT2- 10.71 , sell 1/4
I started playing LABU recently , arguably a bit late. Was stopped on the first one and am on second trade attempt , where if I can fully de risk, then I'll focus on adding but when we compare strength of the two names its clear who the winner is and this imo is the strongest sector . Was looking like healthcare was pushing up along with bio but in this last week...
One of the stocks making all time highs recently that managed to close just at or slightly above it GLB with a wedge pop on friday . Decided to take it , stronger group too (healthcare). Entry - 273.33 Stop - 266.95 PT1 - 279.66, Sell 1/4 , raise stop to half risk PT2 - 286.09, Sell 1/4 run balance if possible .