New Trade Setups Added Trading Notes:Â I'm not going to add another trade setup here, simply because the market indecision is dragging on, and am not willing to add additional long exposure when the market is not calling for it. I'll still provide various setups as I always do throughout the day, and if conditions improve,
New Trade Setups Added Long: New York Community Bancorp (NYCB) *See notes below*Â Ideal Entry:Â 12.66 Stop-loss Option:Â 12.18 Target:Â 14.25 Risk Rating:Â 3.0 NYCB: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 Trading Notes:Â PATIENCE. Patience is so key to this market. If you don't have it'll blow up a trading account. There's this part of me that wants to try and trade every twist and turn this market has to offer. I know that from my experience attempting to do that in the
New Trade Setups Added Trading Notes:Â One of the harder markets you'll ever trade. Two months of pure market chop, makes it very difficult to sustain a trade of any kind. I am going into Friday with a neutral portfolio. The market has seen very little desire to follow through on its rallies, that is why
New Trade Setups Added Long: ProShares Short QQQ (PSQ) *See notes below* Note: Trade setup is based off of QQQ chart, which is what I diagram below. Ideal Entry: 14.39 Stop-loss Option: 13.79 Target: 15.37 Risk Rating: 3.6 PSQ: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade.
New Trade Setups Added Long: ProShares Short QQQ (PSQ) *See notes below* Note: Trade setup is based off of QQQ chart, which is what I diagram below. Ideal Entry: 14.39 Stop-loss Option: 13.79 Target: 15.37 Risk Rating: 3.6 PSQ: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade.
New Trade Setups Added Long: ProShares Short QQQ (PSQ) *See notes below* Note: Trade setup is based off of QQQ chart, which is what I diagram below. Ideal Entry: 14.39 Stop-loss Option: 13.79 Target: 15.37 Risk Rating: 3.6 PSQ: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade.
New Trade Setups Added Long: SS&C Technologies (SSNC) *See notes below* Ideal Entry: 70.15 Stop-loss Option: 67.07 Target: 81.00 Risk Rating: 3.2 Long: ProShares Short QQQ (PSQ) *See notes below* Note: Trade setup is based off of QQQ chart, which is what I diagram below. Ideal Entry: 14.39 Stop-loss Option: 13.79 Target: 15.37 Risk Rating: 3.6 SSNC, PSQ: If my ideal entry is triggered
New Trade Setups Added Long: ProShares Short QQQ (PSQ) *See notes below* Note: Trade setup is based off of QQQ chart, which is what I diagram below. Ideal Entry: 14.39 Stop-loss Option: 13.79 Target: 15.37 Risk Rating: 3.6 PSQ (setup based off of QQQ chart): If my ideal entry is triggered in the first 30 minutes of a trade setup,
New Trade Setups Added Long: Apple (AAPL) *Sent intraday yesterday* Ideal Entry: 125.20 Stop-loss Option: 118.77 Target: 145.00 Risk Rating: 1.9 Long: Hess Corp (HES) *Sent intraday yesterday* Ideal Entry: 71.03 Stop-loss Option: 67.62 Target: 78.00 Risk Rating: 2.8 Long: ProShares Short QQQ (PSQ) *See notes below* Note: Trade setup is based off of QQQ chart, which is what I diagram below. Ideal Entry: 14.39