Market Timing: What It Really Means, in Plain English
Sami Abusaad | Swing TradingHave you ever entered a great trade that turned into a quick loss? But then watch the trade go on to a large gain, only you are not in it anymore? It is frustrating, and it has happened to all of us. Bad Market Timing is often one of the reasons good trades fail. Market Timing is a concept that encourages trading only when circumstances are optimal for trading.
Continue Reading -->AMD Case Study: Why Trade Management Is So Important with Options
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about the ongoing trade on AMD. It is a recent example of why options rolling/trade management is different than stocks and can be so rewarding.
Continue Reading -->The Swing Trades I’m Targeting This Week
Sami Abusaad | Swing TradingSami Abusaad discusses the swing trade ideas he’s targeting for this week, 9-3 to 9-7.
Continue Reading -->How to Set Support and Resistance on a Gapping Stock
Ryan Tonking | Black Room LessonsA lot of times when a stock Gaps there may not be any immediate support or resistance; however, that doesn’t mean that none will form. When we were watching DVA this morning that is exactly what we saw, and we were able to get short at the right location.
Continue Reading -->A Common Trading Setup That I Pass on 100% of the Time
Ifan Wei | Black Room LessonsBuy Low; Sell High. It sounds easy, but that’s because it is incomplete. Trying to apply the age-old axiom in the wrong context can be a recipe for disaster. The low-of-the-day base is a low odds setup that I pass on every time.
Continue Reading -->AMZN: Connecting the Dots on the Road to $2,000+
Amazon (AMZN) has been a big winner for Redler All-Access in the past couple of weeks as it woke up around the $1875ish area to finally break $2,000 today. If you read my 2018 Market Outlook Report back in December or January, maybe you saw my Amazon $2,000 call:I closed out the last of my recent swing long this morning, but let’s go back and see how we connected the dots in Redler All-Access. Monday 8/27 Chart AMZN wasn’t leading the market last week, but it looked ready to get back in the game. We had a potential wedge-type pattern with one of the best companies on the planet. I was long and looking to add if it could get above $1,919, then $1,925. I thought that if it could close above $1,925, then $1,950-$2,000+ would be next. Tuesday 8/28 Chart On Tuesday, AMZN was up $8-9 in the morning so I trimmed some. However, I wanted to stay with some because $1,950-$2,000 was possible for this week.Wednesday 8/29 Chart On Wednesday, Morgan Stanley put a $2,500 target on AMZN, which had the stock gapping up nicely above the descending trendline. I said that $2,000 could be a magnet in the sessions ahead, and AMZN managed to reach $1,998.69 on Wednesday.Thursday 8/30 Chart I sold the last of my AMZN long after the open today. After the big move from the $1,900 area, it felt more like a scalp than swing long. It hit $2,025+. Hopefully it sets up again for move to the $2058 area to celebrate the $1 trillion market cap milestone.
Continue Reading -->Stalking an Options Setup That Didn’t Trigger
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about the HAIN earnings trade. It came across our screener as a potential earnings combo trade.We will discuss those points and what to do now that it didn’t trigger the set up.
Continue Reading -->Why Gaps Matter to Me, and Why They Should Matter to You Too
Sami Abusaad | Black Room LessonsToday’s video is about why gaps matter in trading. We analyze today’s gaps and show the power behind these moves, what they mean and how you can profit from such opportunities.
Continue Reading -->Breaking Down Options Strategies for the Big Banks
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about recent action in BAC and the Big Banks and how it’s shaping an options strategy for C.
Continue Reading -->Can IBB Power Even Higher From Here?
IBB has been in close focus for Redler All-Access this week. On Monday, I told readers this: The bios held in well and perked up as IBB held $115 and cleared $117. Perhaps this week it gives a better move above $118.40 towards the $120 highs. We’ll look for clues. I ended up getting long during the day as it cleared the $118.30 area. If that level holds, I’ll try and stay in. In time, it seems like it should clear $119.78, then $120.06 for more upside. So keep those levels on your radar.AMD (AMD) has been another big name for us. It’s been a great vehicle in 2018 and hit short and longer-term objectives fast. It’s been very extended and I got short earlier this morning. I’ll proceed carefully with it.If we’re talking AMD, we should cover NVDA too. There was a big Red Dog Reversal buy signal last Monday around the $243.73 pivot. It also had power to clear $263 and hit $278.90 yesterday. I would not chase it here. Maybe it gives a cute short opportunity but I’ll proceed carefully in any case.
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