My Swing Trading Approach Yesterday’s price action was uncertainly bearish and damaged the charts for the bulls some, but with the pre-market strength today, I wouldn’t count out a similar move that was seen on 5/30 – where it renders the previous day a bear trap. Indicators […]
My Swing Trading Approach I will look to add more long exposure to the portfolio as long as the rising trend-line remains in place on SPX. Very little reason to get short while this trend-line remains in place.  Indicators […]
My Swing Trading Approach I will be looking to add 1-2 new positions to the portfolio as long as the early morning strength can sustain itself. Playing the rising trend-line off off the May lows, offers a great buying opportunity in this market. Indicators […]
My Swing Trading Approach Days like we have seen over the last three trading sessions, is the reason why you must use stop-losses in this market and to protect profits, and to be strategic about their placement. I’m not in a rush to buy the dip here. I would rather [...]
My Swing Trading Approach I’ve held off adding new positions to the portfolio the last two days. My approach may be the same again here, as I simply show caution, move up my stops, and let the market play out. I may add a short position, depending on whether the [...]
My Swing Trading Approach I held off adding any new long positions yesterday, while continuing to increase my stops on all my trades. I am doing the same again today. The possibility of getting short exists as well, as you have renewed trade war jitters which creates a headline-risk trading [...]
My Swing Trading Approach At this stage of the game, I am weary of how much more the bulls have left in the tank before we see some kind of pullback. More than likely, I will play it safe here, and let the existing positions do the work, while tightening [...]
My Swing Trading Approach With the FOMC Statement coming out today, I will likely stay on the sidelines until it is released. Indicators […]
My Swing Trading Approach Ahead of the FOMC Statement tomorrow, I suspect the price action to be contained and lacking conviction. I may add an additional position to the portfolio today, but will only do it under strong, bullish conditions. Otherwise, it is more important to focus on raising stops [...]
My Swing Trading Approach As the market continues to make its run off of the May lows, I am not opposed to adding more positions to the portfolio, but it is more important at this point to be protecting profits, and dramatically increasing existing stop-losses. Indicators […]
My Swing Trading Approach With futures trading lower again, and with some of the profit-taking seen in technology, I am still looking at taking a cautious tone, coming into today. Adding another position to the portfolio will likely result in my closing out another, in order to avoid additional long [...]
My Swing Trading Approach I have been a little more conservative with my approach here. I have plenty of swing-trades in the portfolio – all with profits, but am somewhat hesitant to add more to the portfolio with as overbought as this market currently is. Not that I won’t going [...]
