My Favorite Gap Patterns
Sami Abusaad | Black Room Lessons“Go where the oil is” is a saying that means go where the action is. In trading, Gaps create momentum, which is where all the action is. Today, I discuss the four type of professional gaps I like to focus on.
Continue Reading -->How to Scan Stocks for Actionable Patterns Part 4
Ryan Tonking | Black Room LessonsI often get asked how to find stock patterns. With over 1000 stocks in my day trading universe of possible patterns, it’s impossible to catch every pattern as a discretionary trader, but missing out on a bunch of nice patterns doesn’t work either. Having a scanning routine at certain times of the day helps me narrow down my universe list to a basket of stocks that will most likely give me a pattern. This is more manageable to work with and frees me up to focus on the best stuff of the day. This part 4 of a 4-part series. (click here to start with Part 1)
Continue Reading -->Options in Play: Breaking Down a ‘Bounce Back Quarter’
Options in PlayOptions Trades with Daniel DarrowToday’s video is going to talk about a fresh trade idea for the week in RHT. After slipping up in June, the stock fits the bill for a bounce back quarter so I will go over the trade idea.
Continue Reading -->Ifan Wei’s Market Wrap: It’s Time to Stay Nimble
Ifan Wei | Market Wrap9/17/18: After a bullish reaction to news of a 2nd round of negotiations between the US and China, doubts have tempered expectations. As long as uncertainty remains, stay nimble. Without many companies reporting earnings this week, political news can easily move the market.
Continue Reading -->Swing Trade Ideas for the Week of September 17
Sami Abusaad | Swing TradingSami Abusaad, head of the Strategic Swing Trader Program, takes you through his swing trading watchlist for the week of September 17.
Continue Reading -->Sami Abusaad: What’s Going On With the Market?
Sami Abusaad | Black RoomToday’s video provides an analysis of the current market as well as a review of some swing and day trade ideas for today.
Continue Reading -->How to Scan Stocks for Actionable Patterns Part 3
Ryan Tonking | Black Room LessonsI often get asked how to find stock patterns. With over 1000 stocks in my day trading universe of possible patterns, it’s impossible to catch every pattern as a discretionary trader, but missing out on a bunch of nice patterns doesn’t work either. Having a scanning routine at certain times of the day helps me narrow down my universe list to a basket of stocks that will most likely give me a pattern. This is more manageable to work with and frees me up to focus on the best stuff of the day. This part 3 of a 4-part series. (click here to start with Part 1)
Continue Reading -->Ifan Wei’s Market Wrap: Mixed Results and Mixed Messages
Ifan Wei | Market Wrap9/13/18: Inflation for August was lower than expected and weekly jobless claims dropped to their lowest level since 1973. Overall, markets showed cautious optimism regarding the next round of trade negotiations between the US and China. Expect choppy trading as uncertainty lingers.
Continue Reading -->How to Scan Stocks for Actionable Patterns Part 2
Ryan Tonking | Black Room LessonsI often get asked how to find stock patterns. With over 1000 stocks in my day trading universe of possible patterns, it’s impossible to catch every pattern as a discretionary trader, but missing out on a bunch of nice patterns doesn’t work either. Having a scanning routine at certain times of the day helps me narrow down my universe list to a basket of stocks that will most likely give me a pattern. This is more manageable to work with and frees me up to focus on the best stuff of the day. This part 2 of a 4-part series. (click here for Part 1)(click here for Part 3)
Continue Reading -->Options Case Study: Our CRM Game Plan
Options in PlayOptions Trades with Daniel DarrowToday’s video is going to talk about ongoing the ongoing CRM trade. The long has developed quickly so we will discuss targets and a potential catalyst this week.
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