Monday, July 1, 2019

Tuesday Trading Map

HOW I DAY TRADE - MARKET NEWSLETTER

Daily Watch List

Long
  • Daily Chart Setup Continuation: See Buy Zone Watch List
Short
  • Daily Chart Setup Continuation: See Sell Zone Watch List 
     Daily Chart Setup Breakdown and GO: THC
Buy Zone Setup Watch List:
  • BRFS 8.03-7.94
  • RUN 19.30 - 19.11

Sell Zone Setup Watch List:
  • CC  23.99-23.70
  • NVDA  168.89 - 171.58
  • MU  40.60-41.00
SPY & QQQ DAILY REVIEW:
The market rallied had large gap up and slow sell off ending up on the day. The watch list offered a few opportunities. No setups took place in the SPY with the large gap up.

SPY Trade Ideas: Buy and Sell Zones:
  • Buy Zone 294.51-294.30 (must open above the top of this zone)
  • Sell Zone 296.67-296.95 (must open below bottom of this zone)

CHARTS: Trade reviews and Charts of Interest

HCM: Daily Setup: Intraday Setup: Zone Entry Type: Zone Entry
Nice sell off after trading into the prior day sell zone. Resistance from the 15 minute 20ema as well. Entry before the whole number 24 - 23.95 with a stop .32 - exit with a .50 gain or end of day.


DOW:How would have been a nice short off the sell zone. No shares to borrow - happens with stocks well sold off. So missed trade

ADI, WDC and TEL Big gaps ups and then sold off with no Setups


Newsletter 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.
Charts Key:
  • Daily Charts: Daily 9 (blue dotted) , 20 (red), 50 (orange), 200 (dark red) - (ema's)
  • Intraday Charts 5 minute: 9 (blue dotted) , 20 (red), 60 (orange) -120 (red)(ema's)
  • Intraday Charts 15 minute: 20 (red), 40(purple), 80 (orange) - 200(red) (ema's)
  • Intraday Pivots: Green R1, Red S1 - White S2 and R2
  • Yellow Lines & Grey Boxes: entry areas to target - Red Lines unfilled gaps
  • Daily Charts: C: Continuation  R/G: red to green    PB pullback   BO: breakout
  • Intraday Setup: 1. Break & Go   2. Pullback to trigger    3. Buy/Sell Zone
  • Entry Type: 1. BO breakout    2.PB Pullback    3. Zone entry

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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