My Swing Trading Approach Still a very poor trading environment of late. Gap-ups in an oversold market makes for nearly impossible trading conditions. Remain patient in this market and don’t be overly aggressive with either side of the trade.  Indicators
My Swing Trading Approach Nothing took yesterday, one of the more annoying days of trading, as the two trades I came into the day with were quickly snuffed out, and then I tried a low risk day-trade in Netflix that quickly went for nothing. The losses weren’t bad as risk was kept tight, but the
My Swing Trading Approach I booked profits in AMZN yesterday for a +2.2% profit, while adding one additional long setup. Still a light portfolio, and will continue to do the same into today. Indicators
My Swing Trading Approach I added one additional long position yesterday to the portfolio, and will increase the stop-loss in both positions to protect profits. I will look to add a new position today, if the bulls can keep a handle on the market. Indicators
My Swing Trading Approach I sold my long position in SSO at $114.18 for a +1% profit, after the bulls were unable to sustain a gain yesterday. I still have one other long position that I am coming into today with and will look to hold, and also add another long position as well. Indicators
My Swing Trading Approach I’m 100% cash coming into the day, and was not affected by the monstrous sell-off yesterday. I took a small loss in Apple (AAPL) yesterday, but that was the only position I had to deal with. Not bad! Now I will sit back and wait to play the bounce higher,
My Swing Trading Approach I booked my profits in NFLX at $354 for a +3.2% profit yesterday. I added one additional long position, but that is all I am working with in this market. I am not looking to get aggressively long, and may even flip to the short side, if the bulls lose
My Swing Trading Approach I’m coming into the day with one long position to see whether the bulls can follow through on yesterday’s bounce and hold of the 50-day moving average as well as the hammer candle it managed to form. If the market turns bullish today, I may consider adding one additional long position.Â