Market Speculator Part-Time Swing Trade Report

Paul
Singh
January 22, 2016
How to trade stocksbows-opengraphTrading-Watch-List

Trade Report Video: https://youtu.be/OiZL9YVu2oAThe market bounced off Wednesday's hammer candle, though closing off the impressive intraday high. The big story was oil, finally making a possible trend changing bounce. We talked about finally seeing some panic selling on Tuesday which is why we went long (by shorting DWTI). "Oil has reached heavy panic selling and volume that you see at the end of moves. Thus I took a feeler position going long oil by shorting inverse ETF DWTI (in the video I explain why I am shorting the inverse to go long)."I exited DWTI short yesterday and am still holding GOOGL and SPXL (see video for exit strategy).Premarket futures have oil and the market up significantly. I will look to re-enter oil today or energy via ERX, DIG, CRZO, BCEI or OAS.Entries at this point are still early. If this is going to lead to a strong bounce, there will be plenty of opportunity to add on the way up. If it fails, we will finally get a good spot to enter shorts. Either way is a win.Current Positions: GOOGL, SPXL, long oil by shorting DWTIFocus List: SPY, SPXL, FB, AMZN, GOOGL, AMZN, ROVI, RUN, BIDU, UA and WYNN, SWN, PACB, SEDG, CYBR, WING, M, ISRGIndexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN, XLF, FAShttps://youtu.be/OiZL9YVu2oAPlease read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator Way and How to Analyze Your Swing Trade Results It is important to know these setups and rules if you trade off the Report.New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(twitter.com/PaulJSingh)

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