Hi Pete. I’m not on the call, taking a light week and enjoying the good weather here and avoiding this tense week.

But I do have MET I took on the Snapback on Jan 23. It’s still stuck in it’s box, going no where yet…

My entry was 85.99 sTL is 85.63, so nice tight stop with little risk ….Add is 89.40 IPT 87.04

Any thoughts? Right now I’m…

Read more

Morning Boss

ALK….all it’s flying friends are doing well….they all look similar

MA’s correct order , Green DWM. In a bit of a box for the last week, and lower volume as well, It’s a break out to ATH’s …..or it ‘s not.

Enter 69.28 STL 66.36 RISK 2.92 ATR around 5….so risk is ok, but not fantastic. Adjust share size accordingly. Add…

Read more

Hi Pete. Looking forward to our chat tommorow

What would have made the last 2 tough weeks better? I got hit last week with a bigger then expected loss as the stock gapped down past my STL….I’m wondering if I handled it properly or not?

CLS last week, I got in on the ORB on Friday morning and decided to hold over the weekend. Monday it…

Read more

Morning Pete….Should be an interesting morning ..

CVS Initial reversal , initial position size. If health Care keep cruising along then this should too

MA’s are NOT correct, Green on the D and the W, Month is inside

Needs 53 to break the down trend. Last week was bullish and it’s pausing on lighter volume

enter 53.27 STL 51.52, ADD 56.59…

Read more

Morning Pete. I’m not aggressvily looking at new swings now until we see how Wed unfolds, so just Day trading for now……BUT…I’m watching

AMZN as a snap entry and looking for a possible push down to the 50 MA

The snap entry would be 216.50…..the 50 is at 214…….The Saturation entry would be 212.30 with the STL at…

Read more

Morning Boss

energy seems to want to be king of the heap…..

EXE is just past the magic 100, Green DWM, MA’s are not quite correct, but close. In fact the 10 is just about to cross back above the 20….which I believe would signal a Mechanical entry.

Close to ATH’s, but not yet…..6$ away. So there fore 2 step trade, add second piece if…

Read more

Morning Pete….well I’m not super confident in a bullish market right now, so longs are hard to have faith in for me….But I have an alert set for DRI at 189.

Other wise I’m watching INOQ, SOUN,QMCO,EW all on the push down after the open…

saturation entries on them all unless the market rebounds quicker….then I have snapback entire for…

Read more

Hi Pete and Happy New Year

Following up on my Coaching question from the other day about were are the big wins hiding. I’m going to look more into the Mechanical for at least the exit on trades, as I feel the use of the PM is were I mess up…There is a theme in my trades that shows I get stopped out soon after hitting the IPT, or just as…

Read more

Morning Pete

can’t ignore TPR

green D,W,M. MA’s correct order, at ATH’s. The sector is not exactly “on fire” so bit of caution needed here. half share size as it needs a pause first. will add more after the pause if it moves in my favour.

Enter 66.88 Stl 64.37 Risk 2.43, add shares 74.17

Afternoon Pete

What’s holding me back? How was my 2024? well, it should have been better….a lot better.

Why? As I look at my journal I think it’s obvious…..lots of small to reasonable losses….Most are around 200-300$. Lots of sub 100$ losses as well and lots of flats…….But very few big wins….Most wins are about the same size…

Read more