New Trade Setups Added: Trading Notes:Â Not adding a new trade setup in this newsletter update. Rather, I want to get a better feel for what wants to lead us into the holiday weekend, before considering a new long position, as well as making sure the market doesn't fall apart in the beginning parts of this
New Trade Setups Added: Long: Wynn Resorts (WYNN) *Sent Intraday Wednesday* Ideal Entry: 132.25 Stop-loss Option: 125.98 Target: 151.00 Risk Rating: 3.2 Trade Setups Triggered: Long Setups: WYNN Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: FB (1/2), MA, TSLA (2/3) Short: None Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: TSLA (1/3), SLB
New Trade Setups Added: Long: Schlumberger (SLB) *See notes below* Ideal Entry:Â 32.47 Stop-loss Option:Â 31.17 Target:Â 39.95 Risk Rating:Â 3.7 SLB: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
New Trade Setups Added: Long: Schlumberger (SLB) *See notes below* Ideal Entry:Â 32.47 Stop-loss Option:Â 31.17 Target:Â 39.95 Risk Rating:Â 3.7 SLB: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
New Trade Setups Added: Long: Schlumberger (SLB) *See notes below* Ideal Entry:Â 32.47 Stop-loss Option:Â 31.17 Target:Â 39.95 Risk Rating:Â 3.7 Â SLB: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
New Trade Setups Added: Long: Mastercard (MA) *Sent intraday Thursday* Ideal Entry: 368.94 Stop-loss Option: 355.37 Target: 400.00 Risk Rating: 3.1 Trade Setups Triggered: Long Setups: MA Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: FB (1/2), MA Short: None Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: SH Short: None Trading Notes: No Additional
New Trade Setups Added: Trading Notes:Â I'm taking a near-neutral portfolio into today's open. Yesterday is the kind of days I hate the most where the market gaps down, breaks key support levels and then spends the rest of the day rallying off the day's lows. It took me out of some quality trade setups. This
New Trade Setups Added: Long: ProShares Short S&P 500 (SH) *See notes below* Ideal Entry:Â 16.29 Stop-loss Option:Â 15.85 Target:Â 17.50 Risk Rating:Â 3.7 SH: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
New Trade Setups Added: Long: Halliburton (HAL) *See notes below* Ideal Entry:Â 23.26 Stop-loss Option:Â 21.77 Target:Â 29.50 Risk Rating:Â 3.8 Â HAL: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
New Trade Setups Added: Trading Notes:Â Not looking to add anything right out of the gate this morning. Instead, I'll let the current positions do the heavy lifting, until the market wants to show signs it wants to continue with the rally from late last week. I've increased the stop loss on two of my positions,