On watch 04/08/20 from Emil

by | Apr 8, 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

 

YGYI – looking for any failed follow through into 2.75-3 at some stage ideally into mid-morning ideally will trigger ssr too for a easy jam

PSTI – short any push back into 4.5 for more unwind towards 3.5

PDD – nice run in the past few days (from previous w/l -into 40 area) goign to watch it for a breath and gonna try to take advantage of it , eyeing any push and stuff into 40.5 early in the morning for a short and a slide towards 38 risking .50 or so

NVAX – this one been tricky in the past few weeks a lot of shorts trapped in this resilient piece, , looks like a crowded trade for me so I’m here to take advantage of that and giving the fact yesterday triggered ssr I’m very interested in longing it as long as will build above 15 targeting 18, think there is another leg up before we see a major pull back (with this in mind going to trade accordingly to price action)

2 Comments

  1. Thank you

    Reply
  2. 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Your email address will not be published.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