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	Comments on: Stock Market Analysis for 9-18-18	</title>
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	<link>https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
	<lastBuildDate>Fri, 28 Sep 2018 05:34:10 +0000</lastBuildDate>
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		<title>
		By: ActiveTrader1232		</title>
		<link>https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4909</link>

		<dc:creator><![CDATA[ActiveTrader1232]]></dc:creator>
		<pubDate>Fri, 28 Sep 2018 05:34:10 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188077#comment-4909</guid>

					<description><![CDATA[Thanks Randy.]]></description>
			<content:encoded><![CDATA[<p>Thanks Randy.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4878</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 18 Sep 2018 15:24:08 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188077#comment-4878</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4877&quot;&gt;rsotc&lt;/a&gt;.

Just to clarify, I usually use market orders to enter a trade &amp; almost also use limit orders to close it at the price target(s) or a stop-loss order at the stop level. However, if the security is not very liquid, I will use a limit order to open &amp; close the trade.
Buy stops are another option to open a position for those that don&#039;t have the time or luxury to be in front of a computer during the entire trading session.
e.g. - You can set a buy stop order, GTC, on a stock or ETF to trigger if the stock trades above a certain price, such as just above a &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; line or price resistance in which the breakout will occur if that level is taken out. That allows you to place the order &amp; have it fill if &amp; only if the breakout occurs.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4877">rsotc</a>.</p>
<p>Just to clarify, I usually use market orders to enter a trade &#038; almost also use limit orders to close it at the price target(s) or a stop-loss order at the stop level. However, if the security is not very liquid, I will use a limit order to open &#038; close the trade.<br />
Buy stops are another option to open a position for those that don&#8217;t have the time or luxury to be in front of a computer during the entire trading session.<br />
e.g. &#8211; You can set a buy stop order, GTC, on a stock or ETF to trigger if the stock trades above a certain price, such as just above a <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> line or price resistance in which the breakout will occur if that level is taken out. That allows you to place the order &#038; have it fill if &#038; only if the breakout occurs.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4877</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 18 Sep 2018 15:19:41 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188077#comment-4877</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4876&quot;&gt;ActiveTrader1232&lt;/a&gt;.

I&#039;m both a swing trader &amp; occasional-to-somewhat frequent daytrader (in addition to an investor/trend trader) but I think you are referring to swing trading.
I do like to use the intraday charts, usually the 15-60 minute charts, to help hone down the entries on my swing trades but sometimes I will just use a breakout on the daily time frame.
I&#039;ll usually use market orders to enter a trade &amp; then turn around and set an OCO order with  a stop-loss order and a limit order to close out the trade when the first of my profit target(s) or stop(s) are reached.
If you are not familiar with OCO/OCA orders, I can dig up some posts of videos that I have published in the past to explain how the work &amp; the benefits that they have for both active traders &amp; investors alike.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4876">ActiveTrader1232</a>.</p>
<p>I&#8217;m both a swing trader &#038; occasional-to-somewhat frequent daytrader (in addition to an investor/trend trader) but I think you are referring to swing trading.<br />
I do like to use the intraday charts, usually the 15-60 minute charts, to help hone down the entries on my swing trades but sometimes I will just use a breakout on the daily time frame.<br />
I&#8217;ll usually use market orders to enter a trade &#038; then turn around and set an OCO order with  a stop-loss order and a limit order to close out the trade when the first of my profit target(s) or stop(s) are reached.<br />
If you are not familiar with OCO/OCA orders, I can dig up some posts of videos that I have published in the past to explain how the work &#038; the benefits that they have for both active traders &#038; investors alike.</p>
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		<title>
		By: ActiveTrader1232		</title>
		<link>https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4876</link>

		<dc:creator><![CDATA[ActiveTrader1232]]></dc:creator>
		<pubDate>Tue, 18 Sep 2018 14:32:45 +0000</pubDate>
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					<description><![CDATA[Hello Randy thank you for your post. I really enjoy watching your technical analysis and learning from your trading style. One question, how do you enter a position? Do you enter on a lower timeframe or do you set a limit order?]]></description>
			<content:encoded><![CDATA[<p>Hello Randy thank you for your post. I really enjoy watching your technical analysis and learning from your trading style. One question, how do you enter a position? Do you enter on a lower timeframe or do you set a limit order?</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/stock-market-analysis-for-9-18-18/#comment-4875</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 18 Sep 2018 14:26:05 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=188077#comment-4875</guid>

					<description><![CDATA[I should have highlighted this 183.25ish price resistance which also comes in with the 38.2% Fib as a potential &amp; likely reversal point in the video. 15-min chart of QQQ: 

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			<content:encoded><![CDATA[<p>I should have highlighted this 183.25ish price resistance which also comes in with the 38.2% Fib as a potential &#038; likely reversal point in the video. 15-min chart of QQQ: </p>
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