Category Archives: Trade Planning

Next few days are key

The market has been showing strength for the past month and is reaching a critical supply level here. However, there are a few stocks that have been showing signs of accumulation and are poised for a breakout. Continue reading

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A Couple of Setups

With all the news out of Europe, the market is having a hard time finding direction. I am currently looking at GLD and SLV as their price action is forming clear patterns that are about to resolve one way or another. Continue reading

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When not to trade

I find that remaining on the sidelines is just as important as identifying trading opportunities. I often follow a very simple strategy in volatile markets that keeps me out of trouble. Continue reading

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Think Nimble

The price expansion continues as shown by the ATR line. The key here has been to stay nimble -even intraday- and to establish positions once a trend is establish for the day. Continue reading

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Out of the sidelines

I have been in the sidelines for a couple of months now trying to stay away from the chop. Oversold opportunities are begining to apear again and I am ready to put in some day trades. Continue reading

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Mean reversion in play again

The same playbook that worked so well last month is playing out again. Quite a lot of parabolic moves appear to have climaxed last week. Last week I traded TBT to short the parabolic move in TLT and BTU and ACI on the long side. Continue reading

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Trading plans don’t work forever.

One of the biggest challenges traders face is not letting emotions affect their decisions. It is very important (and often times difficult) to remain objective when reading price action. In my case, having well defined entry and exit rules help me stay the course. Continue reading

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Three for Four Trades

Three trades triggered this week from oversold conditions at prices where there was previous demand. Continue reading

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Mean reversion trades

I have been patiently waiting for some mean reversion trades as I missed getting short earlier. These kinds of trades relay on oversold conditions and where the ideal entry is at a price level where there was some prior history of demand. Continue reading

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Get used to stops taking you out

One of the few tools a trader has to control risk is the stop loss. Continue reading

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