Monday, July 22, 2019

GNTX Buy zone and Continuation Setup - stick to your rules

GNTX off the newsletter watch list was all over the map. Opened mid buy zone and I passed. I usually pass on an opening mid zone or take a much larger stop as they can whip around with mid zone entries. GNTX Traded up to the Trigger point (previous day high) and setup a trade with the inside bar and rising EMA support.(red arrow) Entered trade with the target the R1 - went half way, moved stop to entry and taken out. Trades back to the buy zone and explodes up (I pass after a zone is tested. ) and hit my original target on the Trigger setup at R1. GNTX did what I hoped it would but with a different road map and outside my rules. I stick to my set rules, to keep my sanity. Sometimes I miss out and sometimes I save a little. In the end it all washes out.


HOW I DAY TRADE - MARKET NEWSLETTER The Newsletter is a service for active traders with a focus on short term Buy and Sell Zones and is provided for educational purposes. The purpose is to educate traders on short term trading setups through a two-step process of selecting Daily Charts and applying intraday trading setups. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.

Friday, July 19, 2019

SPY Sell Zone Fade Gap Fill

 SPY 15 minute Sell Zone fade to gap fill.

Gap fill, which turned into a buy zone, also setup a trade.





HOW I DAY TRADE - MARKET NEWSLETTER The Newsletter is a service for active traders with a focus on short term Buy and Sell Zones and is provided for educational purposes. The purpose is to educate traders on short term trading setups through a two-step process of selecting Daily Charts and applying intraday trading setups. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.

Thursday, July 18, 2019

SPY Buy Zone fade

 SPY 15 minute Buy Zone fade - nice move to the next sell zone




HOW I DAY TRADE - MARKET NEWSLETTER The Newsletter is a service for active traders with a focus on short term Buy and Sell Zones and is provided for educational purposes. The purpose is to educate traders on short term trading setups through a two-step process of selecting Daily Charts and applying intraday trading setups. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.

Wednesday, July 17, 2019

ROKU Day Trade Buy Zone


$ROKU slammed into the prior day Buy zone on the 5 minute chart - survived by .10 the stop being taking out, took off heading to my exit goal near previous day high - ran out of steam and stopped at entry. Had a 2-1 Risk/reward and missed by .20!



HOW I DAY TRADE - MARKET NEWSLETTER The Newsletter is a service for active traders with a focus on short term Buy and Sell Zones and is provided for educational purposes. The purpose is to educate traders on short term trading setups through a two-step process of selecting Daily Charts and applying intraday trading setups. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.

CMCSA Buy Zones

 $CMCSA - two Buy Zones keeping on eye on for the next pullback.




HOW I DAY TRADE - MARKET NEWSLETTER The Newsletter is a service for active traders with a focus on short term Buy and Sell Zones and is provided for educational purposes. The purpose is to educate traders on short term trading setups through a two-step process of selecting Daily Charts and applying intraday trading setups. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.

Monday, July 15, 2019

MRK Buy Zone

 MRK - traded into a sell zone, popped out, and moved back into the sell zone for the remaining of the day. Looking at a higher level above for better luck. I keep strict trade management of 1R and move stop to entry price - sometimes I miss out on a retrace, stop out and then takes off - and sometimes I save a little like today. Important to pick one rule and stick to it.



HOW I DAY TRADE - MARKET NEWSLETTER The Newsletter is a service for active traders with a focus on short term Buy and Sell Zones and is provided for educational purposes. The purpose is to educate traders on short term trading setups through a two-step process of selecting Daily Charts and applying intraday trading setups. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.

Sunday, July 14, 2019

BKE Buy Zone's

 BKE - 2 Buy zones to watch next week on a pullback -   18.85--18.63 and 18.04-17.74





HOW I DAY TRADE - MARKET NEWSLETTER The Newsletter is a service for active traders with a focus on short term Buy and Sell Zones and is provided for educational purposes. The purpose is to educate traders on short term trading setups through a two-step process of selecting Daily Charts and applying intraday trading setups. Always use a Stock trading simulator to test, master strategies and become more educated in the markets before risking real money. Become successful on a simulator for a minimum 6 months before risking your money and always use a stop. If the markets conditions don't feel right or if you're unsure of the current days trading environment then PASS on the trade. A missed trade is better than a losing trade.

Disclaimer

I DO NOT MAKE RECOMMENDATIONS TO BUY OR SELL SECURITIES - I JUST POST TRADES I MAKE OR FIT THE RULES OF MY TRADING PLAN ON A DAILY BASIS. DO YOUR OWN DUE DILIGENCE - YOU ARE RESPONSIBLE FOR YOUR TRADES, INVESTMENTS, AND DECISIONS! ALL CHARTS COURTESY OF TRADESTATION, SCHWAb & TD AMERITRADE