Posts Tagged ‘Swing Trading Strategies’

Swing Trading Update – 2.5.16

Sunday, February 7th, 2016

Swing Trading Update For Market Close – February 5th, 2016

How was the trading in the market this week?

Well to sum it up…CHOPPY!

After a Monday/Tuesday selloff we saw buyers step back in a push the market higher both Wednesday and Thursday.

Friday we saw the market once again push lower bringing a nice signal to the S&P and the Dow.

The price action on Friday basically broke out of the sideways trading channel created on the first 4 days of the week.

Swing Trading DJIA

The sector ETF's were a mixed bag.

$XLK got smacked around again while $XLE and $OIH had a nice bounce from their lows.

The financials $XLF, Real Estate $IYR and the Homebuilders $XHB are hanging out or heading towards their recent lows.

Swing Trading ETF - $XLF

The other notable sectors of course are the Gold and Silver ETF's.

We mentioned to watch these last week week and $GDX $GOLD and $SLV all had big moves to the upside this week. 

Swing Trading ETF - $GDX

So what should we expect going into next week?

Well the markets have signaled their next move to the downside but…will we see follow through?

Only time will tell.

One the longer term charts we are trading down to areas of support (at least in the past) so we will see if these levels hold.

For we are looking to SHORT the weakest stocks and ETf's and buy strong stocks and ETF's that arent correlated to the overall market.

Look for follow through to the downside but be prepared for whatever the market decides to do from here.

Until next week…Good trading to YOU!

Swing Trading Update – The Retrace – 1.29.16

Sunday, January 31st, 2016

Well for Swing Traders this was the week of the "retrace". Monday we saw the markets drift lower all day but the volume didnt really kick in. Swing Trading Strategies - 1.29.16

Tuesday and Wednesday gave traders a big clue as we watched the market basically fight to find a direction.

On Tuesday the clue was an "up" day on increased volume compared to Mondays "down" day on light volume.

Wednesday we had an "outside" day on even bigger volume with a close on the low end of the trading range for the day.

Thursdays light volume "inside" day let you know that the market was taking a "pause" and would more than likely (nothing is for certain) continue is retrace to the upside soon.

Friday we watched as the market did just that. The $SPY had some nice volume to the upside while the $DIAs volume lagged a bit.

Both charts however showed a good combination of price and volume to at least let you know what side of the market (the long side) was the right side to be on.

As we look through the charts of the sector ETFs we see a few good trade setups assuming of course that you are a counter trend trader.

A long trade in $XLE set up nicely as it did in $IYF and even $XLK for those brave traders.

A note on the GOLD ETF's here…

$GOLD ripped to the highs this week with $GDX and $NUGT looking better as well. $ABX is shaping up and maybe taking a look at Silver $SLX would be wise.

As we look forward to trading tomorrow just remember that we are trading under the 50 day SMA AND that we are in a down channel.

With that being said there is a lot of white space on the charts to the upside if the buyers want to push us back a little closer that 50 day "trendline".

If you are a short term swing trader then look to adjust your risk/reward on these counter trend trades so that the math still works for you.

I personally dont think the we are anywhere near done on the short side but time will tell. In the meantime we will continue listen to what the market tells us and trade appropriately.

We hope you do the same. Until next week…Good trading to YOU!

Short Intraday Swing Trading Strategies

Thursday, January 31st, 2013

Short Intraday Swing Trading Strategies

In this video I walk through some of our intraday swing trades from this mornings action.

The strategy we use to trade intraday is the same strategy we trade for our overnight swing trades.

This morning we had several SHORT trade setups before lunchtime. This trades included $SPY, $CSX, $MUR and $DE.

 

Swing Trading Blog – Strategies For 01.18.13

Sunday, January 20th, 2013

Swing Trading Blog – Strategies For January 18, 2013

In this video I walk you through our analysis of the overall market conditions for the past week. I show you the ETFs that we have been focusing on and some of the stocks that we traded this week.

We also discuss our trading strategy for next week and the indicators we are looking for to see where the market goes from here.

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