Trading Strategy: Long: Alibaba Group (BABA) *Sent Intraday Friday* Ideal Entry: 223.88 Stop-loss Option: 215.54 Target: 265.00 Risk Rating: 3.6 Trade Setups Triggered: Long Setups: BABA Short Setups: None Setups Waiting to Trigger: Long Setups: None Short Setups: None Active Trades: Long: TWTR (1/3), SLB (2/3), SPOT (1/2), F, CHWY, BABA Short: None Trades/Setups Removed/Closed: NT=Never Triggered, 1/2=Half position, 1/3=Third position Long: None
Trading Strategy: Long: No additional trade setups. Trading Notes: I'm not adding any new trade setups ahead of the market open today. That doesn't mean I won't eventually add a new trade, but with a decent move out of the market this week, I want to focus on my existing positions, in the case that weÂ
Trading Strategy: Long: Snowflake (SNOW) *See notes below* Ideal Entry:Â 252.75 Stop-loss Option:Â 241.63 Target:Â 298.00 Risk Rating:Â 3.4 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
Trading Strategy: Long: Ford Motor (F) *See notes below* Ideal Entry:Â 15.03 Stop-loss Option:Â 14.42 Target:Â 17.00 Risk Rating:Â 2.8 F: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: Ford Motor (F) *See notes below* Ideal Entry:Â 15.03 Stop-loss Option:Â 14.42 Target:Â 17.00 Risk Rating:Â 2.8 F: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: Ford Motor (F) *See notes below* Ideal Entry:Â 15.19 Stop-loss Option:Â 14.42 Target:Â 17.00 Risk Rating:Â 2.8 F: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
New Trade Setups Added: Stocks I'll be watching:Â FANG, CVNA, CNR, AVYA, SPCE, NOV, RCL, SCHW, BAC Trading Notes:Â Following yesterday's FOMC Statement, sell-off, bounce, I'm not quite sure, which sectors will run, if any at all. I've come up with a list of stocks that I want to be paying close attention to, and depending on
New Trade Setups Added: No new trade setups Trading Notes:Â Like yesterday, we are in that period, where it isn't really worth adding new positions to the portfolio with a major FOMC Statement looming at 2:15pm eastern. The market has the potential to swing a 100 points in either direction on $SPX. As a result, I
New Trade Setups Added: No new trade setups Trading Notes: I'm not looking to add a new position in the early going today. I'd prefer to see how this market shakes out today, and tomorrow you have the FOMC Statement which certainly represents a good amount of headline risk - so loading up the portfolio ahead