swing-day trading US stocks

Symbol: TBL

Sector: Consumer Goods
Industry: Textile - Apparel Footwear & Accessories

TRADING PLAN

Entry price: under $17.26
Stop price: above $16.95

Target area: 18-19 areas

Chart explanation:

TBL formed range bar at Friday what result with daily continuation pattern. I won’t use TBL for longer trade. Plan is intraday move and maximum day trade. TBL have room for more but for that we will need market support, and only if market will support with good healthy action TBL as swing I will stay in it over night.

If anyone will have any question about TBL setup or about any other please feel free to contact me.

Kind regards
Ivica Juracic

http://tinyurl.com/52char
http://tinyurl.com/3ebxa3
 
Quote from ivica:

Symbol: TBL

Sector: Consumer Goods
Industry: Textile - Apparel Footwear & Accessories

TRADING PLAN

Entry price: under $17.26
Stop price: above $16.95

Target area: 18-19 areas

Chart explanation:

TBL formed range bar at Friday what result with daily continuation pattern. I won’t use TBL for longer trade. Plan is intraday move and maximum day trade. TBL have room for more but for that we will need market support, and only if market will support with good healthy action TBL as swing I will stay in it over night.

If anyone will have any question about TBL setup or about any other please feel free to contact me.

Kind regards
Ivica Juracic

http://tinyurl.com/52char
http://tinyurl.com/3ebxa3
More...

that has potential... nice tight stop too. thanks
 
Good day

I think that right now we have three ways to be traders. One is cash and it is very good position right now. Other is scalp trader (that is what we doing lately) and third is to be on some other market, like FOREX. Like to share several examples what we did, but only as examples to see what is in line right now and I want to note that trading risk is extremely high and CASH is my position while PATIENCE is my best friend.
Market will back that is 100% sure, but right now is best to wait that. Until then one of above explained ways are only ways to survive.
Wish you all good trading.

Example 1
http://tinyurl.com/4fc3s7
http://tinyurl.com/48o98g

Example 2
http://tinyurl.com/3sfk2y
http://tinyurl.com/44sklo

Example 3
http://tinyurl.com/3ocloh
http://tinyurl.com/44ptxr

Example 4
http://tinyurl.com/4j7pew
http://tinyurl.com/4b95hn

Point is what ever we trade right now trading risk is EXTREMLY high. Every overnight position is like a gambling. Personally I stick with FOREX with small risk. There are many extended charts too. I’m not best scalp trader and I’m trying to avoid that setups, and if I will take it will be with very small risk and that can’t hurt me.

Wish you all good trading
Ivica
 
Quote from chipmunk:

your biggest problem here is recommending longs in a bear market. Why?
More...

Because we are in extremely bear market and every long trade longer then scalp will be high risk. For my members I feel responsibility and my focus I to find low risk setups. Right now in panic market we don’t have low risk setups, especially for long side and because of that I’m defensive right now. I learned that patience can be very good friend. At least for me. I see setups, but to risky to bring anyone in trouble
 
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