Trading Block

Trading Strategy: Trading Notes: Wednesday's CPI Report and the stock market's reaction will go along way in determining 1) the existing QID trade's fate, and 2) the direction and aggressivenes of my trading going forward. So I'll wait until the CPI report is seen, and at least the first 30 minutes to an hour of trading

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *Sent Intraday Monday* Ideal Entry: 19.50 Stop-loss Option: 18.91 Target: 21.50 Risk Rating: 4.3 QID trade setup is based off of the QQQ chart. Trading Activity: Setups Triggered: QID Setups Waiting to Trigger: None Active Trades: QID Trades/Setups Removed/Closed: None (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are not official

Trading Strategy: Trading Notes: Right now, there's a lot of water testing in my trading. I'm testing the waters with one trade at a time. I'm not getting heavy long or short here, but instead choosing to keep it nimble, staying heavy cash. Remember the person who tests the water with both feet, sinks to the

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See notes below* Ideal Entry: 19.63 Stop-loss Option: 18.98 Target: 21.50 Risk Rating: 4.5 QID trade setup is based off of the QQQ chart.  QID: If my ideal entry is triggered in the first 30 minutes of the trading session, I will not enter the trade. Instead, I will enter a trade after

Trading Strategy: Trading Notes: Looking at close to a flat market open. Be sure to watch the market updates posted below. In those videos I highlight some key resistance levels being tested. $SPY has major overhead resistance at $416, $QQQ is testing the declining long-term trend-line off of the January highs, while $IWM has short-term resistance at $191. All the three

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *Sent Intraday Tuesday* Ideal Entry: 20.26 Stop-loss Option: 19.87 Target: 26.00 Risk Rating: 4.7 QID trade setup based off of the QQQ chart.  Trading Activity: Setups Triggered: QID Setups Waiting to Trigger: None Active Trades: QID Trades/Setups Removed/Closed: None (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are not official trades

Trading Strategy: Trading Notes: I'm watching closely the price action of the market this morning for whether this rally off of the June lows is finally ready to stall out. I'll watch the market for the first 30 minutes to an hour before making posting any new trade setups that I may take.  Trading Activity: Setups

Trading Strategy: Trading Notes: I'll wait for the market to consolidate a day-or-two before giving consideration to any trades to the long side. I'm not going to chase here, as it can result in some hard reversals to the downside. I would rather trade off of a light volume pullback. However a hard rejection at current

Trading Strategy: Trading Notes: Yesterday was fairly rough day from a trading standpoint. One for sure that I'll take plenty of time this weekend to reflect on, and a couple of the other trades in greater detail, from this month. I don't get a lot of those moments, but I do want to dissect the

Trading Strategy: Trading Notes: Currently the market is in a 'bad-news-is-good-news' cycle, which can be rather mind bending. $META along with $MSFT and $GOOGL have all missed on earnings, yet, with the exception of $META (so far at least) the market has seen even bad earnings as a reason to rally the individual stocks. Now there is $AAPL and $AMZN that report tonight, and will be by