The following short trades will be moved to the Completed Trades category. While none of these trades reached their final price target, many of these trades did hit one or more profits targets before bouncing & exceeded their previously suggested (or any reasonable) stop level(s). As the charts on some of these trades still remain [...]
I spent some time pouring over the charts last night looking for trade ideas. In doing so, I came up with numerous candidates, both long and short. Some of these trade ideas are already listed as Active Trades on the site and/or Trade Setups while many are not. I'm going to start with the short [...]
SHW offers an objective short entry here as it backtests this recently broken uptrend line from below. Targets listed on daily chart, suggested stop on a solid close back above the trendline. Daily & weekly charts below.
As I'm now able to focus my efforts on the long overdue process of cleaning up the Trade Ideas category, I am doing so in phases starting with Short Trade Ideas (Setups and Active Trades). I did a once-over of all the charts and placed one of three symbols next to each trade; "OK" means [...]
The SHW active short trade looks to be offering an objective add-on or new short entry as it re-tests the recently broken bearish rising wedge pattern from below.
SHW was mentioned in the previous post along with VAL. Both have similar charts, both are in the same industry (paint manufacturers) and as such, will most likely move relatively in tandem. Therefore, make sure to adjust your position size for the overlap if taking both short trade. e.g.- If your normal position size is [...]
in reviewing the active trades category, i've noticed the following trades have been completed and will be removed from the active trades category: [...]