On Watch 07/27/18 from Dante

by | Jul 26, 2018

 

You can find a compilation of all Alex and I’s webinars here. 

If you’d like to get involved in the community, there’s a sale still going on here.

Also if you haven’t seen yet – I’ve  started an Audio-Blog series. I narrate all my favorite blog posts for you guys. You can find that here. 

 

AWX: Well it’s pretty clear they have quite the agenda. This thing gets so thin so quick, and patience has just not been paying, so if you go near it on either side, keep it to scalps for now. The chart again doesn’t look like it’s set up to go higher, but it didn’t at close yesterday either, and here we are. However it’s been ETB so this doesn’t come as a big surprise in that regard. The first day it goes HTB is probably the end, so watch out for that, should be coming soon.

MTSL: The day I take this off radar after waiting over a week for it to go, it goes, go figure. May be too much to ask, but I would love one more day like today, to start short in the mid 3s soon with a 4 o/u risk.

AMPE: Has rejected the 3.teens for a couple days now, have this on watch for that to be a potential top & start a swing ss trade with any failed follow thru sub 3 tomorrow, risking off those prior 3.teens.

MARA/RIOT: Mainly RIOT, as MARA has already given most of it up – but if this Bitcoin ETF rejection news creates any continued follow thru lower in crypto which it looks like it will, then RIOT should get hit. It’s worthless to begin with, but this news alone you’d think would send this towards low 6s. Will look to short pops tomorrow.

 

If you’re not an IU member and would like to become one, there’s still a sale going on here. Shoot me a PM anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss trade ideas with you.

See you out there!

– D

 

 

0 Comments

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Your email address will not be published.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