On watch 04/29/20 from Emil

by | Apr 29, 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

 

PDD – decent slap, going to have an eye on this one in case will shove back into 49.5 to short some for more unwind targeting 45 area in the next few days basically same plan I have laid out few days ago

OSTK – this one recovered pretty well the morning washout obviously ssr helped anyway looking to join trend here in any dips against 11 for a push towards 15 in the next couple of days – weeks (if breaks the trend get rid of it – ride it as it last)

GDX – very nice build in the past couple of days looking for some continuation through 35 so I’m interested to buy dips into 33.5

VXRT – going to short any build or stuff under 3.5 for more downside into 3 and under – locking along the way

4 Comments

  1. Thanks E

    Reply
  2. thku

    Reply
  3. Appreciate it

    Reply
  4. Thanks Emil!

    Reply

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Your email address will not be published.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...

13 Tips to Minimize and Prevent Trading Losses

13 Tips to Minimize and Prevent Trading Losses

How much higher would your trading profits be if your losses were cut in half? How much higher would they be if you only lost half as frequently? Most traders focus on chasing profits and forget that minimizing losses can have the same net impact on your bottom line....

Day Trading Course