You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
MACD/Trendline Swing Trader
- Thread starter retire45
- Start date
)VERY challenging week with all the gaps.. Currently Swing short IGT, SGMS, M, UAUA.
Finding RSI trends quite useful for hanging on to swing trades. Dow hourly attached "suggests" 8000 may fall for good this time after some struggle, Daily oscillators also just turning down.
Finding RSI trends quite useful for hanging on to swing trades. Dow hourly attached "suggests" 8000 may fall for good this time after some struggle, Daily oscillators also just turning down.
Attachments
Treacherous week with the gaps.. Volatility definitely back.. Trying to integrate some quieter background swing trades.. they helped a lot this week from the losses 1st half of the week.. A lot of stocks that had been building uptrends since November have or are close to breaking down.. All current shorts are multi-week trend breakdowns.. UAUA, SGMS, M, and IGT.. Also long FAZ.
These common breakdowns fill the air with Dow 7500 retest or worse.. we'll see.
"There is the plain fool, who does the wrong
thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. "
Jesse Livermore
It is me he wrote of. Nice trend profits early in January wasted second half.
These common breakdowns fill the air with Dow 7500 retest or worse.. we'll see.
"There is the plain fool, who does the wrong
thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. "
Jesse Livermore
It is me he wrote of. Nice trend profits early in January wasted second half.
Attachments
Week was harmless until a take home of FAZ and TWM into this morning.. FAZ!!@@#.. really should layoff Finacials for take homes.. not learning.. Long AGU, POT, AEM, BGU. Written goal to Swing trade a few non financial names and only daytrade financials.