Daily Trading Plans

My Swing Trading Approach I closed out my short position yesterday in the early stages of the bounce, for a nice profit, now flipped and have taken on a long position to ride the bounce higher. Will add 1-2 more trades to the portfolio today if the market can follow through to the upside. Indicators

My Swing Trading Approach I’ve switched sides here and now find myself bearish on this market with one short, but profitable, position. I may add an additional short position to the portfolio depending on the overall price action of this market. Not looking to get long on anything, unless there is a very sharp and

My Swing Trading Approach I’m concerned with any establishing any strong conviction in either direction. The market is at a crossroad here. Dip buyers have consistently bailed out the trapped buyers, but the charts and indicators all point to lower prices. I am willing to trade in either direction, but I need to see some

My Swing Trading Approach I’m 100% cash here. I’m not in a rush, to add positions, I’ll wait to see if the small amount of strength in the premarket can hold on, as the day moves forward. If so, I’ll add 1-3 new positions to the portfolio. Also will considering shorting the market if the

My Swing Trading Approach Protect profits, and I will be careful to add any new long positions in the face of a market sell-off. May consider getting short if the sell-off sustains itself.  Indicators

My Swing Trading Approach Yesterday’s price action was uncertainly bearish and damaged the charts for the bulls some, but with the pre-market strength today, I wouldn’t count out a similar move that was seen on 5/30 – where it renders the previous day a bear trap.  Indicators

My Swing Trading Approach I will look to add more long exposure to the portfolio as long as the rising trend-line remains in place on SPX. Very little reason to get short while this trend-line remains in place.   Indicators

My Swing Trading Approach I will be looking to add 1-2 new positions to the portfolio as long as the early morning strength can sustain itself. Playing the rising trend-line off off the May lows, offers a great buying opportunity in this market.  Indicators

My Swing Trading Approach Days like we have seen over the last three trading sessions, is the reason why you must use stop-losses in this market and to protect profits, and to be strategic about their placement. I’m not in a rush to buy the dip here. I would rather the market establish firm

My Swing Trading Approach I’ve held off adding new positions to the portfolio the last two days. My approach may be the same again here, as I simply show caution, move up my stops, and let the market play out. I may add a short position, depending on whether the bears can sustain the selling.