My Swing Trading Approach At this stage, I am quite happy with the stocks I have in the portfolio. I am looking to play it cautious here, as I do not want to stock pile too many positions here. I’ll raise my stop-loss on existing trades. With low volume market conditions, I’m not
My Swing Trading Approach Follow through hasn’t been the market’s strong suit of late. I may add another position today, but I will not be extremely aggressive in doing so. I have a great set of long positions, will only add more if this market shows that it wants to build upon yesterday’s breakout. Indicators
My Swing Trading Approach I will be looking at adding 1-2 new positions to the portfolio today as long as the early morning strength can hold up. I will look to increase the stop-loss on all my profitable, existing positions. Indicators
My Swing Trading Approach At this point, it is hard to have any bias in this market while the price remains stuck in consolidation. Stay patience, stay ready. Patience defines a trader’s worth. Indicators
My Swing Trading Approach Huge bullish kicking candle pattern the last two days with the S&P 500 (okay, maybe not a perfect one, but close enough). I am optimistic, the bulls will try to put together a sustainable move here going forward and will add more positions as long as the market is a willing
My Swing Trading Approach I have one short position. I plan to play it cautious here. If the bulls choose to rally, the market today, I will look to add some long exposure, but plan, for now, to keep the short position as long as possible. Some technical damage on the SPX chart warrants
My Swing Trading Approach Considering what the market does with the current consolidation pattern, a breakdown may warrant some short exposure. I may have some opportunity on the dip buy, but overall, a conservative approach to the long side will likely be necessary today. Indicators
My Swing Trading Approach I’ll look to take a more conservative approach to the trading session today, focusing on moving up my stops while focusing in on a few key opportunities and whether they come to fruition. Indicators
My Swing Trading Approach Like yesterday, I am not opposed to adding additional positions to the portfolio, but I need to see that the market wants to break out of the consolidation – because so far I have yest to see it. As a result, a more conservative approach is necessary, until the breakout happens.Â
My Swing Trading Approach I may consider adding some short positions if the bulls manage to break below the support levels established last week on SPX. Low volume market filled with a number of false moves, makes trading less, the better option. Indicators