by truetraderadmin | Jul 21, 2021 | Midweek Watch
10 Ideas for Thursday and Friday $SPY Last week I talked about how the market felt funny and needed to take a test of the 50d. Now look at it. It touched it and already bounced off of it. It feels like the bounce is a little quick but overall it’s good for the...
by truetraderadmin | Jul 14, 2021 | Midweek Watch
Names I’m Watching $OSTK My level: $85.20. Why: Quarterly pivot, below the 50 day SMA and prior support. Had a big red candle today. See if it holds tomorrow. $ANF My Level: $42 and $41. Why: It respects the 50 day SMA. So I’m looking around 42 to join it....
by truetraderadmin | Jun 20, 2021 | Sunday Prep
Broader Market $ES / $SPY https://www.tradingview.com/x/eCnve7Ap/ Decent sized pullback last week, but still nothing I’m worried about in the least bit. Main area I am looking for support is the 4075-4083 monthly/quarterly pivots. ...
by truetraderadmin | Oct 12, 2020 | Uncategorized
Day trading means entering and exiting a security position within the same day to profit from the volatility and trends in the asset’s price. Therefore, as stock market volatility increases, the potential to quickly make money also goes up. Unfortunately, high...
by truetraderadmin | Oct 2, 2020 | Uncategorized
If you are into trading and finance, it might be a good idea to learn the basics, revise your skillset or get up to date with the best technical analysis books available. Knowledge is key for competitive trading. First, you must know what you are looking for....
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