Posted by curranjohn on 10th of Dec 2021 at 07:17 am
Hi Matt, Steve and all. Great work here. The newsletter is
amazing.
I work during normal business hours and need to minimize my
distraction. But I want to set up trades in the morning when
I see them line up or if I like your trade setups as well. I
am trying to devise a strategic approach to using your trade
setups. Now I know we all have our own objectives and styles
and should trade accordingly as is often said. But I need to
determine mine still and could benefit from ideas or
examples.
How might you traders handle that? Would you put a buy order in
at for example $615 if broke that resistance line? If the order
triggered what might you use for a stop? Would the stop be right
under the resistance line? Also, would you use a trailing
percentage stop to capture profits on a sharp move up before a
reversal like the one seen recently with
PPSI? Maybe sell half on a ten percent move? I am curious
how others scale out, take profits, let some portion ride
etc.
I know ultimately I need to determine what works for me. But I
would love to see how more experienced traders systematically
approach setups, buys, stop losses and profit taking. I need rules
to put in place to give myself a chance.
Seeing how others approach this would be tremendously valuable
to me.
Posted by curranjohn on 10th of Dec 2021 at 07:59 am
I am looking at
GILD as well right now. Would you all put in buy
order with a limit above the market price at say $70.80? I
can't watch it during day and if I try I will likely miss it or
stare at as it takes off. :-) I'd love to know how others
approach this while setting up trades in advance. Thanks.
Posted by timebandit on 10th of Dec 2021 at 10:27 am
Speaking of MACD kisses, ZS has one on the 60-minute this
morning (combined with the Slow Stoch oversold bullish cross). But
the daily is not as positive: it has come back up to test the 50 ma
from below and so far failing
Hi Matt, Steve and all.
Posted by curranjohn on 10th of Dec 2021 at 07:17 am
Hi Matt, Steve and all. Great work here. The newsletter is amazing.
I work during normal business hours and need to minimize my distraction. But I want to set up trades in the morning when I see them line up or if I like your trade setups as well. I am trying to devise a strategic approach to using your trade setups. Now I know we all have our own objectives and styles and should trade accordingly as is often said. But I need to determine mine still and could benefit from ideas or examples.
Let's take ZBRA for instance.
How might you traders handle that? Would you put a buy order in at for example $615 if broke that resistance line? If the order triggered what might you use for a stop? Would the stop be right under the resistance line? Also, would you use a trailing percentage stop to capture profits on a sharp move up before a reversal like the one seen recently with PPSI? Maybe sell half on a ten percent move? I am curious how others scale out, take profits, let some portion ride etc.
I know ultimately I need to determine what works for me. But I would love to see how more experienced traders systematically approach setups, buys, stop losses and profit taking. I need rules to put in place to give myself a chance.
Seeing how others approach this would be tremendously valuable to me.
I am looking at GILD as
Posted by curranjohn on 10th of Dec 2021 at 07:59 am
I am looking at GILD as well right now. Would you all put in buy order with a limit above the market price at say $70.80? I can't watch it during day and if I try I will likely miss it or stare at as it takes off. :-) I'd love to know how others approach this while setting up trades in advance. Thanks.
GILD had a macd kiss
Posted by morton7 on 10th of Dec 2021 at 09:56 am
GILD had a macd kiss yesterday. has a nice divy ~4%
Speaking of MACD kisses, ZS
Posted by timebandit on 10th of Dec 2021 at 10:27 am
Speaking of MACD kisses, ZS has one on the 60-minute this morning (combined with the Slow Stoch oversold bullish cross). But the daily is not as positive: it has come back up to test the 50 ma from below and so far failing
GILD ex-div Tues. Had some
Posted by mitchell on 10th of Dec 2021 at 10:03 am
GILD ex-div Tues. Had some false breakouts this yr but looks poised to go higher based on Daily+Weekly charts.