This article will demonstrate five trades that were valid price action
trading setups over the last two months.
Our technical ETF and stock scans have produced several high quality stock and ETF swing
trade setups over the past several days.
Not exact matches
The trouble with that
setup is that it could, as the America's Health Insurance Plans (AHIP)
trade group recently warned, substantially raise premiums for the sick and medically needy, who would stampede
over to the more generous Obamacare - compliant plans and thus make those plans far more costly.
This second
Trade Ahead Of Earnings Strategy
setup is in a stock that is up 157 %
over the past 12 months.
Although not many of the
trade setups we detail in our stock picking report are from the IPO scan, we always look forward to
trading those stocks that eventually appear in the IPO scan because we have learned
over the years that a combination of an IPO with a bullish chart pattern leads to nice breakouts with a high level of reliability.
It took a few weeks for this
trade setup to get going, but $ HIMX has just rallied 40 %
over the past three days (as of September 5, 2013).
I want to go
over a few charts of real - world recent examples of price action
trade setups.
Below we highlight a number of popular
trading strategies, signals, and
setups that warrant a closer look from any active investors looking to outperform the traditional buy - and - hold strategy
over the long - term.
Two such swing
trade buy
setups we are stalking for potential buy entry in The Wagner Daily
over the coming days are biotechnology firm Cytokinetics ($ CYTK) and software development company Rubicon ($ RUBI).
If we had «jumped the gun» by attempting to sell short the market prior to our
setups trading through their exact trigger prices, it would have resulted in substantial losses
over the past few days.
In it, he provides some technical analysis and
trading setups for those of you looking to play the increased swings in the market
over the short - term.
This complete and practical guide to modern swing
trading includes
over 180 illustrations and dozens of proprietary
setups that illustrate both classic and highly original short - term tactics.
Instead of being regretful
over missing a
trade setup, the professional trader will simply remain calm and observe the market, learn a little something, and keep his or her hands in their pockets until the next
trade comes along.
If you'd like to receive more
trade setups ideas and
trading lessons like this, please head
over to learntotradethemarket.com
The point of
trading is to try and make money
over a series of
trades by flawlessly executing your
trading edge (your edge is essentially your entry trigger or
setup), but it's pretty hard to do that if you haven't yet mastered your
trading edge.
All you need to do is master one price action
setup and
trade it
over and
over each time it comes up in the market, with discipline and proper risk management of course.
This is critical because in order to realize the full power of your
trading strategy, you need to take every occurrence of your
trading edge (
setup) that you see, because it needs to play out
over a series of
trades to be realized.
If you actually do this with discipline, by only taking obvious price action
setups and rigidly implementing a risk reward of at last 1 to 2, you will become profitable
over a series of
trades.
I have had the opportunity
over the past 5 years to use and learn your
trading methodology,
setups, and
trading plan to become a profitable trader.
The arrows in the chart above each mark a price action
setup that I teach, if you had been
trading this uptrend in gold last year you would have obviously been much better off just
trading the price action rather than trying to
over-analyze and
over-complicate everything with a bunch of messy indicators all
over your charts.
The way that I
trade and the way I teach my members to
trade is essentially to look for high - quality / high - probability price action
trade setups and to sit on your hands when none are present, in other words, quality
over quantity.
I want to go
over a few charts of real - world recent examples of price action
trade setups.
This
trade setup has vastly superior risk / reward parameters
over trend
trades.
Ideally, we want to look for
trade setups with a risk / reward of at least 1 to 2, by getting a risk / reward of 1 to 2 on every
trade setup, we can lose on well
over 50 % of our
trades and STILL make money.
The sole reason I succeed in the markets is because I am patient and I
trade setups that repeat themselves
over and
over.