Trading Strategy: Long: ProShares Short S&P 500 (SH) *See notes below* Ideal Entry: 14.16 Stop-loss Option: 13.63 Target: 15.25 Risk Rating: 3.6 My SH trade setup is based off of the price action of $SPY which it is tied to. SH: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter
Trading Strategy: Trading Notes: Going back to November there has been a consistent chop in this market. Last week was no different, and while support continues to hold for this market, the lack of momentum on this latest dip, indicates that the bulls may lack the willpower to push prices on the indices back to all-time
Trading Strategy: Trading Notes: Getting out of $LRCX yesterday, is looking better and better considering the price action of the the overall market. I also want to be nimble here, as the market choppiness hasn't provided a strong direction in almost 3 months. If the pre-market action worsens during regular trading hours, there will be major breakdowns
Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See notes below, Entry price & stop adjusted* Ideal Entry: 17.22 Stop-loss Option: 16.13 Target: 20.75 Risk Rating: 4.1 My QID trade setup is based off of the price action of $QQQ which it is tied to. QID: If my ideal entry is triggered in the first 30 minutes of a trade setup,
Trading Strategy: Long: Acushnet Holdings (GOLF) *See notes below* Ideal Entry:Â 51.10 Stop-loss Option:Â 48.62 Target:Â 57.70 Risk Rating:Â 3.5 GOLF:Â If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs of
Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See notes below* Ideal Entry: 17.38 Stop-loss Option: 16.41 Target: 20.75 Risk Rating: 4.1 My QID trade setup is based off of the price action of $QQQ which it is tied to. QID: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the
Trading Strategy: Long: Nike (NKE) *See notes below, trade parameters adjusted* Ideal Entry:Â 168.74 Stop-loss Option:Â 163.29 Target:Â 184.00 Risk Rating:Â 2.1 NKE:Â If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the
Trading Strategy: Long: ProShares UltraShort Russell 2000 (TWM) *Sent intraday Wednesday* Ideal Entry:Â 13.18 Stop-loss Option:Â 12.42 Target:Â 15.00 Risk Rating:Â 4.2 Long: Nike (NKE) *See notes below, trade parameters adjusted* Ideal Entry:Â 168.74 Stop-loss Option:Â 163.29 Target:Â 184.00 Risk Rating:Â 2.1 NKE:Â If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade.
Trading Strategy: Long: Nucor (NUE) *See notes below* Ideal Entry:Â 118.27 Stop-loss Option:Â 111.98 Target:Â 135 Risk Rating:Â 3.5 NUE:Â If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I will enter a trade after the first 30 minutes on a break of the highs of the