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
Trading Strategy: Long: Hess Corp (HES) *See notes below Ideal Entry:Â 76.30 Stop-loss Option:Â 71.98 Target:Â 92.00 Risk Rating:Â 3.7 Long: Nike (NKE) *See notes below Ideal Entry:Â 169.81 Stop-loss Option:Â 163.98 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
Trading Strategy: Long: Snowflake (SNOW) *See notes below Ideal Entry:Â 347.71 Stop-loss Option:Â 329.13 Target:Â 400 Risk Rating:Â 3.6 SNOW: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