Each morning I post short videos via StockTwits wherein I discuss general market conditions ($ES_F $NQ_F $DJIA $SPY $DIA $QQQ $IWM) , and bonds ($TLT $TBT) to determine high possibility trade set ups for these and for individual stocks (both bullish and bearish).
The following are examples of various set-ups that Crosshairs traders use to determine possible opportunities. Others are discussed in CROSSHAIRS TRADING UNIVERSITY (CTU) and are available in the Crosshairs workspace via the Tradestation platform.
You can watch a short video on AN INTRODUCTION TO TRADING IN THE CROSSHAIRS HERE.
QUOTE OF THE DAY: Pay close attention to price.
THE STOCK MARKET…IN THE CROSSHAIRS
STRATEGIC SUMMARY: Market continues to consolidate as we remain in a bullish longer term trend ever mindful of high candle counts on the daily and weekly charts. Bonds are in a box again. Bottom line: we are looking for opportunities to set up on both the long and short side.
STOCKS…IN THE CROSSHAIRS
STRATEGIC SUMMARY: Watching general market now as it continues to grind ever higher in a high candle count box while mindful of the overbought conditions on the weekly charts. We, therefore, are prepared to trade both the long and the short side with an emphasis now on the upside consolidation breakouts and an eye on possible reversal set-ups. Our long ideas include Bullish TIWs and several breakout candidates. Our short ideas include Bearish TIWs and breakdowns out of recent consolidations. Added new short and long ideas.
BULLISH STOCKS…IN THE CROSSHAIRS
BEARISH STOCKS…IN THE CROSSHAIRS
NOTE: The above are provided as opinions not facts, as no one and no chart can consistently and accurately predict the unknown. This is not intended as an advisory service but is for educational purposes only. Trade what you see, not what I think.