Hi Matt, can you pls post your analysis on AAPL to see where
potential lpullback may be to for support or do you expect it to
keep ramping up? do you see an abc move?Thanks
Posted by johnny2012 on 10th of Jun 2020 at 03:11 pm
Matt had mentioned the other day he took a long on gdx on that c
down I believe. I took a swing long in the 31 range when he posted
that and have held til now. Watching it and plan to sell in the
34-35 range depending on the market.
GDX went up down and up intraday. I clearly posted the
FOMC which is market moving. DEFINE YOUR TRADING STYLE and
TIMEFRAMES. Key point here is to execute YOUR PLAN guys and
don't get caught up in what others are doing (who cares) and stuff
like alarms. If you're trading the instrument follow YOUR
PLAN.
For instance, an intraday trader would of had trigger short and
then long today (assuming one avoided the opening gap) whereas a
Swing Trader may have gone long a couple days ago and then had a
more liberal stop. What is your style? TRADE
ACCORDINGLY
When C wave was first mentioned I sold puts on GDX and it worked
out well. Thought was to collect premium in short time if it goes
up and I get to buy shares at a desired entry otherwise. I may
still buy shares after just closing out the trade.
Posted by retirefire on 10th of Jun 2020 at 03:06 pm
I'm not being confrontational, just pointing out one did well
going against the alarm, or playing subwaves inside a bigger
pattern. Personally I struggle with the alarms so rtying to learn
LOW risk entry. Such as Matts A B C inside the breakout.
Forget about alarms - they are meaningless for traders (simply a
reminder) and delayed. Trade YOUR PLAN. The daily chart and
intraday charts are 2 completely different charts. The
struggle I see and hear are those who DO NOT DEVISE AN APPROACH
that suits their style.
Please Note:The list of tables below are ported
directly from the nightly newsletters. This section is simply
meant as a condensed list where you can see all the trade ideas in
a simple tabular form from all the recent newsletters.
There are two tabs, one for ‘New Ideas’ and
one for follow up on recently trade ideas. When you click on the
stock symbol, you will be brought to a page for that particular
stock where you can play our recent audio comments and additional
information.
Remember these ideas are simply a list of trade ideas for you to
choose from if they meet your risk tolerance and preferences. They
are not buy and sell recommendations.
Also the alarm pop up windows are simply alert prices that
we set near the ‘breakpoint’ areas of the stock, they are simply
alarm prices and not direct buy and sell signals.
One must certainly understand around an FOMC announcement
you could get volatility and a change of direction to prior
action.
GBTC - Chart Link - the daily pattern
still intact - again the 60 min was for a 'tighter' trigger vs
waiting for the daily - still it's up nearly 8% that's not a small
move for a day
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GDX follow up
Posted by matt on 10th of Jun 2020 at 02:49 pm
GDX - Chart Link - so far the ABC playing out if you bought that with stop at that low
Hi Matt, can you pls
Posted by imelhoe on 10th of Jun 2020 at 03:18 pm
Hi Matt, can you pls post your analysis on AAPL to see where potential lpullback may be to for support or do you expect it to keep ramping up? do you see an abc move?Thanks
Did not play, but I
Posted by retirefire on 10th of Jun 2020 at 02:55 pm
Did not play, but I thought GDX alarm was a short?
Matt had mentioned the other
Posted by johnny2012 on 10th of Jun 2020 at 03:11 pm
Matt had mentioned the other day he took a long on gdx on that c down I believe. I took a swing long in the 31 range when he posted that and have held til now. Watching it and plan to sell in the 34-35 range depending on the market.
Nice Johnny - simply follow
Posted by steve on 10th of Jun 2020 at 03:15 pm
Nice Johnny - simply follow YOUR PLAN. Now simply adjust on a daily basis in accordance with your style and risk tolerance.
GDX went up down and
Posted by steve on 10th of Jun 2020 at 03:00 pm
GDX went up down and up intraday. I clearly posted the FOMC which is market moving. DEFINE YOUR TRADING STYLE and TIMEFRAMES. Key point here is to execute YOUR PLAN guys and don't get caught up in what others are doing (who cares) and stuff like alarms. If you're trading the instrument follow YOUR PLAN.
For instance, an intraday trader would of had trigger short and then long today (assuming one avoided the opening gap) whereas a Swing Trader may have gone long a couple days ago and then had a more liberal stop. What is your style? TRADE ACCORDINGLY
When C wave was first
Posted by ojc345 on 10th of Jun 2020 at 03:15 pm
When C wave was first mentioned I sold puts on GDX and it worked out well. Thought was to collect premium in short time if it goes up and I get to buy shares at a desired entry otherwise. I may still buy shares after just closing out the trade.
Well done - stick to
Posted by steve on 10th of Jun 2020 at 03:29 pm
Well done - stick to your plan
I'm not being confrontational, just
Posted by retirefire on 10th of Jun 2020 at 03:06 pm
I'm not being confrontational, just pointing out one did well going against the alarm, or playing subwaves inside a bigger pattern. Personally I struggle with the alarms so rtying to learn LOW risk entry. Such as Matts A B C inside the breakout.
Forget about alarms - they
Posted by steve on 10th of Jun 2020 at 03:06 pm
Forget about alarms - they are meaningless for traders (simply a reminder) and delayed. Trade YOUR PLAN. The daily chart and intraday charts are 2 completely different charts. The struggle I see and hear are those who DO NOT DEVISE AN APPROACH that suits their style.
Just my .02....Perhaps the alarms
Posted by rfa300 on 10th of Jun 2020 at 03:09 pm
Just my .02....Perhaps the alarms should be removed so no confusion among any members?
My misinterpretation! I associate alarm
Posted by retirefire on 10th of Jun 2020 at 03:10 pm
My misinterpretation! I associate alarm meaning pending buy, alert, breakout eminent.
Guys this is Stated Clearly Under Trade Ideas - Please READ
Posted by steve on 10th of Jun 2020 at 03:12 pm
Trade Ideas:
Please Note:The list of tables below are ported directly from the nightly newsletters. This section is simply meant as a condensed list where you can see all the trade ideas in a simple tabular form from all the recent newsletters.
There are two tabs, one for ‘New Ideas’ and one for follow up on recently trade ideas. When you click on the stock symbol, you will be brought to a page for that particular stock where you can play our recent audio comments and additional information.
Remember these ideas are simply a list of trade ideas for you to choose from if they meet your risk tolerance and preferences. They are not buy and sell recommendations.
Also the alarm pop up windows are simply alert prices that we set near the ‘breakpoint’ areas of the stock, they are simply alarm prices and not direct buy and sell signals.
One must certainly understand around an FOMC announcement you could get volatility and a change of direction to prior action.
got it, thanks Steve
Posted by retirefire on 10th of Jun 2020 at 03:07 pm
got it, thanks Steve
Update: GDX follow up
Posted by matt on 10th of Jun 2020 at 02:52 pm
GBTC - Chart Link - GBTC took off along with GDX
GBTC - Chart Link - the daily pattern still intact - again the 60 min was for a 'tighter' trigger vs waiting for the daily - still it's up nearly 8% that's not a small move for a day