Stock Picks After Pullback |
Day Trading into Swing Trading : Stress Free Advantage to post stock setups between 7:30am - 9:30am 1. If Dow and Nasdaq are strongly in uptrend in early morning, our picks will be posted earlier. 2. If Dow and Nasdaq are strongly in downtrend, our picks will be posted after 11:30am. After an hour after market opens, most of the momentum stocks finish their major pullback. If they show uptrend momentum again, most likely this second time momentum stocks will last for few hours and possible into overnight swing. Students can follow the second time momentum stocks and will show profit consistently. How to trade? 1. When I post the setup with price level and stop loss, students just wait for it to cross over that level to make the trade and have stop loss setup (this may take 5 to 20 minutes from the time I post it). (The best entry point is AFTER one green bar clearly above 10MA on 5-minute chart, MACD is crossing over, stop loss is at 10MA line) 2. Once profit built up and it breaks new high, MACD is clearly above its signal line, we will have sure win with good profit and possible for short term swing. Then, let it runs as long as it does not pullback below our entry point or 10MA is not crossing 50MA. 3. Profit taking is when price hits new high and find resistance. ___________________________________ Note: most of my big gains for short term swing are from trades after 8:00am. Many of my friends may trade with real money. : |
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| Success will come |
| Working Hard |
| Playing Hard |
