On watch 11/05/19 from Emil

by | Nov 5, 2019

 

>>> Go have a look on this Intermediate Stock Trading Course here <<<

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

 

XNET – behaved very nice in the morning then trapped with that grind , my take here is if will pop and stay under 6.4 will short it risking yesterday highs more or less not going to try to long it in case will build and push or grinds rather wait for b/o buyers to push it into 7 and see it will stuff that area (if this scenario will be in play) so gonna stick w short bias either way

SDC – word to word from yesterday w/l , price met some supply into 13.5 area going to look for pops and back side so 13.3 area to short risking .20.-.30c in order to see a fade towards 12

PDD – nice push into new 52s which was rejected but still closed pretty strong , not a set in stone plan here so depends how will act after the open and especially in the first 30min or so, if won’t manage to push above 43 by mid morning most likely will try shorting it risking yesterday highs more or less OR if going to push and consolidate above 43 well we might see another leg up so will give some time to this one and let it unfold

 

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Your email address will not be published.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