by truetraderadmin | Aug 11, 2021 | Midweek Watch
$SONOMy Level: Long at 36.30 & 35.10 (corrected) $BLNKMy Level: LONG at 30.10 & 29.40 $EBAYMy Level: LONG at 65.30 & 63.20My Level: SHORT at 72.50 $SIXMy Level: LONG at 41.10 $WWMy Level: LONG at 23.10 $GOMy Level: LONG at 27.00 $JKSMy Level: LONG at 54.55...
by Benito Segovia | Aug 10, 2021 | Charting Platform Guides, Guides
There are many free stock charts available on the internet for you to practice on before starting to day trade. It is essential to know how to read charts and be able to use their features and tools. Day trading is to buy or sell any type of assets on the market...
by rickyanalog | Aug 7, 2021 | Sunday Prep
Broader Market $ES /$SPY View idea on Tradingview.com Last week we tested the 20d and held, followed by immediately heading right back to ATHs. That 4364 area is gaining some significance. This coming week I will be watching for extension up towards the monthly pivot...
by truetraderadmin | Aug 5, 2021 | Midweek Watch
$ETSY My Level: LONG at $168 – $164This could change in the morning. Their conf call was at 5pm this evening. Looking at the Volume Profile POC is sitting right at 168. The quarterly pivot is sitting on 164. My Level: SHORT at 183.88 – 185.08On the...
by rickyanalog | Aug 1, 2021 | Sunday Prep
Broader Market $ES / $SPY View idea on Tradingview.com Everything still looking healthy heading into August. Support for me will be the 20d/monthly pivot 4350ish area, followed by the 50d/annual pivot 4275ish area. 4500 is the first area I see as possible resistance....
by rickyanalog | Jul 25, 2021 | Sunday Prep
Broader Market $ES / $SPY https://www.tradingview.com/x/emvarAvZ/ The market gave the retrace back to the 50d like we were thinking it could. But the problem for me is that it didn’t spend any real time down there. Instead, it immediately bounced and we are already...
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 rickyanalog | Jul 18, 2021 | Sunday Prep
BROADER MARKET $ES / $SPY https://www.tradingview.com/x/WVnxB5S5/ We started to retrace last week and I find it hard to believe we’ve found support already. After going over tons of charts, it becomes pretty hard to come to any other conclusion. The 20d is really 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 rickyanalog | Jul 11, 2021 | Sunday Prep
Last week was only 4 days, but it sure was long enough to watch a handful of stocks get a lot of people hurt from what one can only assume was a mixture of overeagerness, stubbornness, and poor risk management. Whether it was NEGG, CARV, or SGOC, there was enough pain...
by rickyanalog | Jul 4, 2021 | Sunday Prep
Spent the week camping at this beautiful beach. Was the first time in a VERY long time that I took time completely away from the market. Well… …I MAY have glanced at my phone a few times to see some quotes. But for the most part, I was completely disconnected....
by rickyanalog | Jun 27, 2021 | Sunday Prep
Broader Market $ES / $SPY https://www.tradingview.com/x/2LONWdXt/ All I can say is “That is one HELLUVA weekly candle” from last week! Best viewed on Desktop Daily on the $ES shows we have near-term support at the 20d (4222), the quarterly pivot (4199.25), and...
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