Trading Block

Trading Strategy: Long: Nike (NKE) *See notes below Ideal Entry: 169.81 Stop-loss Option: 163.98 Target: 184.00 Risk Rating: 2.1 NKE: 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: Nike (NKE) *See notes below Ideal Entry: 169.81 Stop-loss Option: 163.98 Target: 184.00 Risk Rating: 2.1 NKE: 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: Paypal (PYPL) *See notes below Ideal Entry: 195.25 Stop-loss Option: 181.65 Target: 225.50 Risk Rating: 3.7 PYPL: 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: Paypal (PYPL) *See notes below Ideal Entry: 195.25 Stop-loss Option: 181.65 Target: 225.50 Risk Rating: 3.7 PYPL: 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: Paypal (PYPL) *See notes below Ideal Entry: 195.25 Stop-loss Option: 181.65 Target: 225.50 Risk Rating: 3.7 PYPL: 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:   Trading Notes:  As mentioned earlier this week, I will be out of the chat room on Wednesday and Thursday of this week, in observation of the Christmas holiday. The stock market will be closed on December 24th, Christmas Eve. As is the case for any trader, taking a break can be a

Trading Strategy: Long: ProShares Ultra (SSO) *See notes below Ideal Entry: 134.90 Stop-loss Option: 130.35 Target: 144.00 Risk Rating: 4.1 Trade  Setup is based off of the price action and bounce potential found in $SPY below.  SSO: If my ideal entry is triggered in the first 30 minutes of a trade setup, I will not enter the trade. Instead, I

Trading Strategy: Trading Notes: I plan to play it safe here in the early going  until I can see whether the bears want to hold the breakdown we are seeing in the pre-market, or if the bulls plan to rally stocks back up. There are some individual short setups I am watching this morning as well,

Trading Strategy: Long: ProShares UltraPro Short (SPXU)  Ideal Entry: 12.98 Stop-loss Option: 12.62 Target: 15.00 Risk Rating: 4.2 Trading Activity: Setups Triggered: SPXU Setups Waiting to Trigger: None Active Trades: SPXU Trades/Setups Removed/Closed: SH (NT=Never Triggered, 1/2=Half position, 1/3=Third position) Additional Strategies & Ideas: These are not official trades that I take, instead they are opportunities and setups that I find of interest

Trading Strategy: Trading Notes: FOMC Statement was received in a very dovish fashion by the market yesterday, and rallied 99 points on SPX off the lows of the day. Looking at a  gap higher this morning as well, that would put the market back in to all-time high territory, plus set it up to push through