for those of you who took the HGSI trade, remember, this is the 2nd trade posted (longer-term trade based off the daily charts. vs. the recent 60 min chart-based trade). click here to view the most recent post and chart. previous charts and updated below.
the 2nd HGSI set-up posted on friday (the longer-term swing trade based off the daily chart) triggered today and has taken out both the downtrend line and the first horizontal resistance level (R1). personally, i am not entering any new longs today as the broad market is still struggling with key resistance and too many [...]
just a quick update on some of the recently posted trades ideas. i will update some of the charts later this evening but you can enter any symbol below into the search bar towards the upper right-side of the page to view the most recent post with charts/notes on the trade or set-up listed below: [...]
HGSI was a recent successful long treade based off the 60 min charts which i mentioned taking the quick profits on but also said that one could continue to hold as the daily chart looks good. a new long entry can be taken if/when this daily downtrend line AND the horizontal resistance (R1) is cleared. [...]
In my last post I mentioned taking profits at T1 (1st target zone) but that anyone who took it long on my original post on 12/21 could hold out for the next target since the daily chart looked good. The T1 resistance zone has now been cleared and I've added a new target zone (the [...]