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S&P 500
Fourth down day. Weekly RSI-7 is still overbought, so no entry.
Nasdaq 100
First down day. SL(b) 2800.
SMI
Up day.
All Ordinaries
Second down day.
I‘m not looking for stock swing trades: it takes a lot of time, which I currently don‘t have; the markets are still not really moving unless you count one +2% day followed by a lot of chop followed by yet another +2% day followed by chop, which is the case since early August, as a good trend.
Can you help answer these questions from other members on NexusFi?
All Ordinaries
Third down day. Long entry possible. RSI-7 weekly is at 63. PnF 3-1% shows a sideways market; price has broken above a bearish trendline, but this breakout has not yet been confirmed. Buy(ab) STP 4410 LMT 4411; SL(ab) 4389; TP(a) 4440.
All Ordinaries
I‘m going to have to remove this trade from the documentation, although it looks great. I either haven‘t paid enough attention or ProRealtime screwed me (I believe the former). Anyway, nothing looks like it did before: the entry is on a day when price didn‘t even hit the entry STP, the stop loss doesn‘t make sense, etc.
Results
There haven't been many trades, so there's no huge change in overall results. I'm going to post an update as soon as I have a couple of new trades.
Stock trades
I've been thinking about this for a while. First of all, I don't have enough time to look for stock swing trades every evening. Second, I guess I haven't been selective enough. So, I will screen the market maybe once or twice a week and enter only a few trades.