Trading Block

Trading Strategy: Trading Notes: It has gotten to the point where as traders, we are asking ourselves, "what is actually bearish for the market anymore?" If stocks can go right back up to their all-time highs, on little to no catalyst, and economic headwinds of epic proportions, rally on the news of war in Ukraine, followed

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *Sent intraday Friday* Ideal Entry: 18.06 Stop-loss Option: 17.62 Target: 22.96 Risk Rating: 4.1 QID Trade Setup based off of 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 that

Trading Strategy: Trading Notes: The meteoric rise over the last 1.5 weeks has been impressive to say the least, as investors looked beyond the negative headlines and staged an unwavering rally that has many talking about new all-time highs. The massive head and shoulders pattern is still very much alive, and while some might wonder why

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *See instructions below* Ideal Entry: 18.78 Stop-loss Option: 17.93 Target: 22.96 Risk Rating: 4.5 QID Trade Setup based off of QQQ Chart.  QID: 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

Trading Strategy: Trading Notes: Stocks saw a sharp reversal yesterday that was preceded by nearly six days of non-stop buying. Whether that reversal can hold will be hard to say as the plethora of negative headlines have had very little effect on the market since March 14th, including the increasing possibility of nuclear war. I added

Trading Strategy: Long: ProShares UltraShort QQQ (QID) *Sent intraday Monday* Ideal Entry: 19.04 Stop-loss Option: 18.50 Target: 22.96 Risk Rating: 4.4 QID Trade Setup based off of 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: Impressive rally last week, epic in fact. There will be a lot of traders that chase after this rally including those from late last week. The problem in doing that is the risk grows exponentially, while the reward diminishes. I still have my eyes on the inverse ETF's, but want to see

Trading Strategy: Trading Notes: This has been a jaw-dropping rally over the last three days, with the bulls putting together, far and away, its best week of 2022. Immune to headline risk, including rising tensions between the US/China now, the market simply wasn't going sell-off for any reason. The rally itself is very similar to the

Trading Strategy: Trading Notes: Amazing rally over the last two sessions, but I'm not willing to jump to the long side here and chase this market after SPX has rallied 195 points off the lows and when the market has demonstrated for all of 2022 that it can't sustain a rally. There is a lot of

Trading Strategy: Trading Notes: Today is FOMC day. Huge day for the markets as Jerome Powell's FOMC Statement at 2pm eastern and presser thirty minutes later will largly shape market direction going forward. A 25 basis point rate hike appears to be in the cards today, but how aggressive he plans to be going forward is