On watch 03/27/20 from Emil

by | Mar 27, 2020

 

Sneak a peek into IU community and see how it is, you can have a walk-through here

Check – The fundamental checklist for technical traders here

 

With all these stimulus out there market can be very irrational on extremes and what I mean by that: I’m  not going to get over biased and going to try to trade price action and join either direction , timing will be the key

 

PTON – nice hold yesterday took a breath, going to watch any dips against 25.25 for a long trade – prolly these guys are going to have good sales in the next period of time since ppl get those free money that must be spent, so why not buying something that can be used inside 🙂

NET – same plan as above , eyeing dips into 21.25 for long trade thinking next leg setting up nicely targeting 25 area

MFA – if pops into 2.25 are going to be stuffed early in the morning going to short it for more unwind towards 1

IMAC – morning shove into 2.5 and stuff there for a potential short targeting 1.5 area later in the day risking .25c more or less

 

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related Content

15 Trade Management Tips to Improve Your Trading

15 Trade Management Tips to Improve Your Trading

Trade management is an important part of the trading process. It's not enough to have an effective strategy - you also need to execute that strategy properly. Think of this distinction as the difference between creating a well-rounded business plan and actually...

Adapting to the Market – 8 Practical Tips for Traders

Adapting to the Market – 8 Practical Tips for Traders

The stock market is constantly changing. If you are fortunate enough to find success as a trader, you shouldn't get too comfortable. A strategy that works for days, weeks, or months is not guaranteed to work forever. Career traders who achieve long-term success...

14 Tips to Improve Your Trading Mindset

14 Tips to Improve Your Trading Mindset

Your mindset is an important part of your trading. How you think will impact how you trade. Your mindset will ultimately determine what you focus on, how well you learn, how you react to trades, and so on. Today, we are going to discuss some quick tips to help you...

The Process Behind Trading Success – Nate Michaud on SimCast

The Process Behind Trading Success – Nate Michaud on SimCast

https://www.youtube.com/watch?v=yaHEIFvHh5g Topics Discussed Long Trading vs. Short Trading (and Where Nate Makes More Money) Using a "Macro Mentality" in Trading Scaling in and Out Around a Core Being Early vs. Being Right Why Day Trade vs. Invest? Finding The Best...

Day Trading Course