On watch 07/13/20 from Emil

by | Jul 12, 2020

 

Have a look over this Intermediate Course Video 3

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

 

WKHS – nice slap on Friday afternoon when Hindenburg report came out gonna watch any pop/ramp and stuff into 15.25+ area for a short and more unwind targeting 11 by eow

UMRX – gonna keep 3.5 as line in the sand and short anything below that area risking 3.8 more or less looking for a slide towards 2 and under

SRNE – watching it to short for a while now but just now seeing some slowing down and maybe some momo shift, short any failed follow thru or pops 8.25 pops swing trade for me with a target of 6 and under

POLA – same plan I have had on Friday really like the side-way action and like I have mentioned 3.5 line in the sand , eyeing dips against that for a long trade targeting 5+

 

2 Comments

  1. Thanks Emil! WKHS and SRNE here on watch too!

    Reply
  2. Thanks! Daily Charts look like a nice start to the week!

    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Your email address will not be published.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