Trade Report Video: https://youtu.be/Az_7l18LKGUNote: I am traveling tomorrow. While I will try to get alerts out from my phone, alerts may be delayed. Set your stops and use gap down strategy discussed in video.Big move in SPY today that is getting crushed after hours as Brexit voting numbers start to come in. While SPY was up a healthy 1.3% today, after hours it's down almost 4% and IWM is down 5%. Things could change by morning, and we anything could happen by the close regardless of what the news is. The best strategy for a swing trader, as opposed to a day trader, is to not take any positions tomorrow and wait for things to shake out next week.For current positions, use the "gap down" strategy as discussed in the video. In a nutshell, if stocks gap down below stop, try to hold for a bit and see if the gap lows hold (remember our GOOGL and AMZN trades in 2015--see video).If looking for a trade tomorrow, watch SPXL, FAS/FAZ and UGLD (see video). UGLD will be the flight to safety gold play if the market tanks.Remember we don't care about the news, only the price action to the news.REPLAY of Webinar: https://blog.bullsonwallstreet.com/webinar/state-swing-trading-2016/#replayFocus Shorts List: NFLX, AMZN, AAPL, TSLAFocus list for the week: EMES, SGY, NGL, WLL, KORS, HMSY, YELP, LULU, SM, MNST, GPRO, X, FCX2016 Stats: http://bit.ly/1NFgq7C (RECENTLY UPDATED)Current positions: Took partial profit in TWTR and added FCX (stop $10.90, target 14). Short JOY (23.60 stop). Still holding AMBA (stop 48), 1/2 TWTR (16.20 stop), FB (112 stop) and SWN ($11.75).Indexes/Sectors: SPY, SPXL, SPXU, URE, IBB, GLD, USO, XLE, XIV, VXX, BRZU, YINN, XLF, FAShttps://youtu.be/Az_7l18LKGUPlease 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.How To Use Swing Dashboard: https://blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/Member Only Webinar Recording: https://vimeo.com/152938272New subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(twitter.com/PaulJSingh)
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
June 24, 2016

