Week 13 saw the indexes base, which was healthy, but there were still some short-term profits to be had.
We caught some nice trades for the week inside the Bandit Hideout, so I wanted to offer a video recap of each of them. Once again, the numbers game of trading proved essential as a few stopped trades were offset by some nice winners. Diversifying trading directions, timeframes and strategies has some big advantages.
This show-and-tell look at the trades I took this week should give you a feel for not only how I managed my trades, but also the kinds of setups which have been working well of late.
Jeff…once again, I comment that I like your end of week “trading” videos. I would like to see you show the intraday charts on a few of them, to show how you manage the trade. Especially for example, see SINA where it was a nice scalp which would have been completely lost if not managed well.
Hey Jon,
Thank you for the feedback and I will do my best to include more of the intraday charts. With SINA it was the higher high intraday to indicate the reversal was on, but prior to that was a bullish engulfing bar.
I had attempted to post this same reply a few days ago but it did not go through and I did not realize it – my apologies! Thanks again for your response to the recap!