Watchlist Update 1/29/16

What is up guys, just posting the full watchlist update. IT IS HUGE!!!! Just running my usual screeners and there are just potential PierceTrades patterns everywhere! Which is dope because that means more opportunities for stocks to blow up which means money to be made!!! Honestly this watchlist is big enough that I'm not going to post wins from today, but If you want to know check out and find the AMF/NF patterns in UGAZ and MITK. Anyway here is the WL...

As the market starts to uptrend out of this recent crash it creates awesome bullish opportunities. Didn't do well today because the markets gapped open which causes selling off at the open. 

Check out the Webinar I'm doing with the Wolves Trading Co. people this coming Wednesday. Sign up for their Newsletter to get updates regarding the Webinar and you'll get sent the link when the time comes. Check out www.wolvestradingco.com for the newsletter sign up. 

See y'all tomorrow for the close of the week, lets get out there and make some bank. 

Always remember, 

Stay Educated. Stay Disciplined. Stay Profitable.

Take it easy, 

JP

Watchlist Update for 1/28/16

What's up guys, just posting an addition to the WL, because all the stocks that I posted yesterday are still up there. Today sucked because everyone basically knew that the market was going to tank today, but when stocks just decide to ignore the opening candle that dropped 100 points and then the market corrects itself to go green and then inverse etf's decide to follow that it gets sketchy. Anyway slow day for team PierceTrades but thanks to being educated and disciplined I knew to cut losses short and I am ready for tomorrow. This is one of the most important rules in the game. Anyway, here is the WL addition.....

This stock is lookin hot after today, hopefully it will continue its run back to a dollar!

Being that COSI up there is looking so hot I decided to bring this one in to TLN is flagging beautifully at 7 dollars, it ran a little today, broke a pretty NF pattern. I will patiently await for the 7 whole number resistance break. 

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Alright guys that is it for me today, I was going to post a session review/video lesson up but today was kind of slow and not video worthy, I do plan to make video lessons of how to power through tough days but not for a first video. I want people to come here and be like wow this guy knows what he is doing not wow video's of sucky days?! Forget him!!!! Eventually I will post those but not quite yet. 

I alerted on Twitter today that Myself and the leaders over at Wolves Trading Co. are going to do a FREE webinar, we are just going to talk about stocks and strategies and what not. The webinar will happen next Wednesday...the Time is till undecided. Go over to www.wolvestradingco.com and sign up for the newsletter and get the email updates about the webinar because a time hasn't been set yet, Once it is I will update you promptly, look forward to seeing a bunch of people there!

Anyways guys that's it from me until tomorrow, If you want live alerts and updates about PierceTrades business and Stock alerts, follow me on Twitter and Stocktwits my names for those are in the bio above, If you want to know my intraday setups please click the link to the right that says setup reference. If you have questions that you don't want on blast just email me that is in the bio above also. Commenting below is also accepted. Until tomorrow enjoy your nights.

Always Remember, 

Stay Educated. Stay Disciplined. Stay Profitable.

Take care, 

JP

Watchlist Update for 1/27/16

Whattup guys, just going to post the updated WL for tomorrow morning, I just added one from yesterday but I want to include a little tip that can have nice return for any new traders. Of course today I don't trade and most of the ETF's that I have been following to trend the DOW ripped like 20% today, ohh well can't get them all. Hopefully we will have another positive day tomorrow and maybe I can do a quick video lesson for you all. But here is the WL...

really resisting that 1.80 mark, looking for a break soon!

This one is very long and drawn out so may not break out for some time but is very much on the WL because it is a triangle pattern. 

another nice green candle, well white, but anyway waiting for that neckline break.

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Okay guys, the tip is basically how important it is when you start out trading to get in a group of some sort, whether it be a chatroom or facebook group, which this one is so active its basically a chatroom. JD alerted OHRP last night and it ran quite nicely today breaking that NF pattern. Now I will say that JD isn't trading PierceTrades Patterns but as you can see when other people alert potential runners, you can apply the PierceTrades pattern to these other people's picks. Shout out to JD that was nice call!!! If you want to join this group that I am in for some of my alerts head over to www.wolvestradingco.com and sign up, That is an awesome group of really great traders and great traders in the making which also helps so you don't have to learn alone and you'll feel more free to ask questions.

That is all for me today guys, see you all bright and early in the morning at the open, If you want my alerts please feel free to follow me on Social Media my names are in the bio above, along with signing up with Wolves Trading Co. If you have any questions about my intraday setups please click the setup reference link over to the right above the archives.  You can also email me questions or comment below. My email is in the bio above also. 

Hoping for a great day tomorrow so I can start creating video lessons and other cool stuff on the Youtube Channel. But otherwise that is it for me today guys, have a lovely evening and we'll get back on the grind tomorrow.

Stay Educated. Stay Disciplined. Stay Profitable.

Take it easy everyone,

JP

Watchlist Update 1/26/16 + Wins for 1/25/16

What's up guys, just posting the WL update for tonight. As the market struggles to correct itself it becomes hard to find the typical PierceTrades daily patterns. But never the less there are some. I will not be trading the open tomorrow, I have a doctors appt at 9:00 am along with a 2 hour drive and classes until 3:00 So I'll be lucky to trade at all tomorrow. Once I get back at it on Wednesday I plan to start making some video lessons, which will be found on YouTube along with up here, I will probably post more here and less on YouTube so it'll prompt more viewers from there to view the blog.  But anyway here is the WL

CBK broke out of that neckline resistance but it didn't hold and fell back down below the neckline, That is not as strong of a break as the actual candle body breaking above it and printing so It will stay on the watchlist until a break out or a break down. Looking for a breakout and then the 2 dollar roll.

Putting CTIC back on the WL because it does seem to have found it's ascending support to make the ascending Triangle a little more noticeable other than that nasty down wick.

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Alright guys you know the drill, posting some Wins alerted from today. One was an ETF play that I got in for a small scalp, and the other was a momentum potential AMF pattern break, but it didn't break out until it broke the NF pattern.

RUSL alerted this in the am for an AMF break, got in and chickened out when I got punked down in "The Spin Cycle" which is the terrifying time between the Buy and Sell where you're waiting for the stock to breakout and you're petrified of a potential breakdown so you chicken out and sell, I did that just before that 20 cent gain. Yay for me. -__-

RPTP was a momentum play that I found premarket, saw news and alerted it for potential AMF break and at the open as you see it broke down, so I ignored it. Later to discover a r/g move along with an NF flag forming and then it broke and ran to $4.00 and sold off over the day, so getting in and getting out of these plays and taking profit is important because rarely is it just going to run over days at a time, these are just intraday plays.

Alright guys that is it for me today, I will be back with a WL update tomorrow night. If you want my daily alerts follow me on StockTwits and/or Twitter, my names for those are in the bio at the top of this page. If you have any questions that you don't want all over the internet please email me, that is in the bio too. If you want to learn this strategy altogether I am here to help. Please get in touch. I want to help people master the market. Take it easy everyone and make some bank tomorrow.

Always remember,

Stay Educated. Stay Disciplined. Stay Profitable.

Take it easy guys,

JP

Watchlist Update for 1/25/16 and wins from today

Whattup folks, just posting the Watchlist for the upcoming week along with some wins and review of the day. Just a quick notice, I am seriously considering doing video lessons and am looking into the gear and software for that. If you want me to get into all that please let me know by social media, comment, and or email. All that information for getting in touch is in the bio above. So here is the WL...

OREX really testing that neckline, so look for a break above. 

TLN actually broke above the neckline but didn't print the actual candle above it so it doesn't count but hopefully we can get a break above into the upcoming week.

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Alright guys just going to do some wins from today along with a little speculation.

APIC broke out today, this was a pick right off the watchlist from two days ago. 

RUSL, called this out today for the AMF pattern break basically the dow ripped in the first two minutes in the day and then flagged and once the dow broke it's own AMF pattern so did RUSL. This was an ETF play that I talked about a little yesterday. AMF is an intraday setup that is a part of my strategy, and ETF has nothing to do with that lol that is an "Exchange Traded Fund" totally different thing that I am not affiliated with...check out one of the previous post below this one for more light on how I played those. If you want to know what an AMF pattern is check out the link to the right called Setup Reference. It's above the Blog archives.

It does seem that the market is trying to turn around as it did back at the end of august. Now during that period that the market corrected itself, this created many opportunities on the long side. So as the market corrects itself and goes on the bullish side I will more than likely move away from inverse ETF's and go back to my normal stock picks. Like the market was green today and APIC broke out nicely. Along with SWN yesterday. Basically surviving in this game is playing by your rules and adapting to the different pitches the market throws at you and trying to get a hit. So the market is at a moment now where it is deciding to tank or correct itself and at this moment is when you have to be really careful. 

Alright guys that is all for me for this weekend, as I said I am looking to get into video lessons and what not so that'll be exciting when those start happening, along with that I would be interested in maybe doing some webinar's in the future where anyone can come and hangout with other traders and we can all collab. But until then that'll be all. Please feel free to leave me some feedback, if you want my daily alerts please follow me on Twitter and StockTwits my names are in the bio above. You can also email me or comment on the post. Until next week guys.

Stay Educated. Stay Disciplined. Stay Profitable.

Take Care, 

JP

Watchlist Update 1/22/16 Wins from 1/21/16

What's up guys, just going to post my watchlist. It technically only consist of one stock pick. As I posted before I am really trading these inverse ETF's that either follow or oppose the market. Also below are some wins from today.

OREX forming up a nice triangle pattern, hopefully going to see this break out when the market corrects itself from this dead body falling off a cliff motion.

Along with the above stock I am scalping and following ETF's such as TVIX, GASL, DWTI, UWTI UGAZ, etc. I will let you search and find these.

Check out my ETF post below this one. It will shed a little more light on why I am going to this for now.

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Wins from today:

SWN broke out just friggin beautiful today. This is a prime example of how combining my daily chart stock picks and intraday plays can really find you the best entry points. Hopefuly more to come with a test or break of 9.00$

TVIX was an ETF I traded today, when the market opened and went red on the day I went long on TVIX basically shorting the market because TVIX opposes the market. As you can see it had a nice little run and this is big proof that the 13 eMA is a tell tale sign of entry and exit points because as you can see this sold off over the rest of the session which happens with many AMF patterns and as the market when green on the day. 

AGEN was one I found on my premarket mover scanner, it had some FDA clearance nonsense that I don't give a rat's doo doo about. News is news and when good news comes out so do the upside potential. this broke an AMF which I alerted and it also had a nice little run. I was too busy with TVIX so I didn't get in. But I alerted it so it counts. 

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If you have any questions about the setups I have mentioned like an "AMF" pattern please click the link over to the right above the blog archives that says "Setup Reference". That will explain the intraday setups that I mentioned. If you have other questions shout me out on social media, my stocktwits and twitter name are in the bio above along with my email if you have any questions you don't want on blast. You can also just comment below. I would like to see some comments or feed back from someone. I have gotten in conversations with viewers so I do know some of you and I appreciate your views and feed back it means a lot.

That is all for me for this go around, lets have a profitable close to the week. 

Always remember,

Stay Educated. Stay Disciplined. Stay Profitable.

Take it easy guys, 

JP

A good tip for survival in this market

What's up guys, just going to talk about how not to get yourself killed in this bat poop crazy market. This is very important to people whose accounts are small and they can't short in these market conditions. This is you way to short the market. You do this by trading Inverse ETF's. These oppose the market almost to the candle. And below are some that I traded in the morning and one I was going to trade around lunch but hesitated because well It was around lunch.

Traded TVIX early in the morning for a quick scalp, as you can see when the Dow was tanking TVIX was running very nicely. It broke the, very choppy I might add, AMF pattern at around 11.40 and ran to like 11.8. As long as the 13 eMA is being trended you are good to hold. This is the yellow line in the picture. If you are wondering what that is refer to the setup reference link to the side above the archives. 

Later in the day as the Dow regained it's legs and began to run another ETF that tends to follow the DOW broke a beautiful NF pattern (refer to setup reference as said above) but I was hesitant and had to get to class so I didn't and am none hurt for not getting in. 

I do in no way shape or form recommend holding these ETF's overnight, these are not swing plays, they are scalps. Like at all and if you do it's your own fault. But trading these during the day are really good ways to profit and survive during these crazy markets. I will hopefully be posting the WL in a little bit along with a win, SWN broke out beautifully today and I will be posting that. But for now that is all.

Any questions about the setup names refer to the setup reference tab to the side above archives.

Stay Educated. Stay Disciplined. Stay Profitable.

Take care,

JP

Setup Reference

Alright guys, this is the post I've mentioned previously about outlining my intraday setups, this post should be available to the side under the archives at all times, so If you can't remember what a setup that I call out in a post is you can always check this to re-educate yourself.

I have three intraday setups, they consist of an "AMF" Pattern, a "NF" Pattern, and a "PMF" pattern. If you have followed this blog from the beginning you have heard me mention stuff like "F1" and I will not be calling them that anymore because it infringes on the guy that I have learned from. That is his strategy and this is mine. ONCE EACH OF THESE ARE FORMED YOU HOLD WHILE THE STOCK IS TRENDING ABOVE THE 13 eMA (13 Exponential Moving Average), WHICH IS THE GREEN LINE IN THE PICS. ONCE THE STOCK RUNS AND BREAKS DOWN TO THE LINE THAT IS A SELL SIGNAL. DO NOT HOLD OVER NIGHT OR REALLY EVEN MORE THAN SEVERAL HOURS. IF THE STOCK DOESN'T EVEN HOLD THE BREAKOUT AND BREAKS DOWN THEN THAT IS A GOOD SELL SIGNAL. THESE ARE INTRADAY PLAYS.

So to start off I'm going to outline an "AMF" pattern. Below is an outline of an AMF pattern. Basically the pattern name consist of two parts, You have the "AM" part and the "F" Part. The AM, N, and PM are time frames and the F stands for Flag. AM standing for morning....9:30 "am"....duhh.

These can either consist of stocks breaking out that I've put on the watchlist the previous day that are breaking out of my daily chart setups or stocks that I have scanned for just before the open that have News and potential for huge upside potential like a gap up momentum play. I explain the logistics of the actual pattern below.

Secondly is the "NF" pattern, N standing for noon and F still standing for flag. It is a stocks that has tried to run up and form an AMF pattern but broken down multiple times and flagging

and not breaking out until the lunch time area. This is the least common setup I will trade because normally stocks trade flat or consolidate around lunch. As you can tell in the AMF pattern example once lunch came the stock just kinda farted sideways. So here is an example of the NF pattern.

Last but most certainly not least(that's the NF pattern) we have the PMF pattern. PM meaning afternoon like 3:00 pm.....duhh and the F standing for Fart.....just kidding it means Flag. A lot of AMF patterns will form this pattern. Basically a stock has ran up nicely in the morning and hit the high of day and then dip back down and up and down until it has made an ascending triangle with the hod as resistance. Then breaking out during power hour or just before. Power Hour is the last hour of the market open for the new people.
As you can see over the entirety of the day It formed a Triangle and then broke out within the last hour of the trading session.


Hopefully this gave you some insight to my intraday setups, basically I'm not trading anything if it doesn't form up these setups. As you look at my blog and see more examples of these as I post them you will get a more comfortable feel with these patterns. Also when I post about a stock and say something like "this broke the AMF real nicely and ripped!" You'll have half a mind of what I am saying. I'm sure anyone with experience trading is probably thinking "Wow that was so simple" and my answer is yeah it really is, and it works. Don't over think the market, Just react to it. My whole strategy is the mindset of "well if the stock does this, then I am going to do this." Work with the market, don't fight it because it will teach you in ways that can hurt.

That is all for my reference page. If you have any questions please shout me out on Twitter or StockTwits or email me. Nobody ever comments on my post but if you feel the need to comment on this post please don't because this isn't a typical post. Email me questions or such. My social media and email info are in the bio at the top of the home page.

That's it for the intraday setups,
Stay Educated. Stay Disciplined. Stay Profitable.
Take it easy,
JP

Watchlist for 1/21/16

What's up guys, just going to post my Watchlist that I have scraped together in the aftermath of another wild market day. Since you're probably still reading at this point I have an important announcement for those following my blog closely at the bottom. So here is the WL...

Dollar Roll

As I'm sure you can see this stock has been moving so expecting some make or break stuff from this stock over the next few sessions.

WINS:

This was an alert win from today, I alerted for the flag break and boy did she go, it was like a 50% gain from my alert which is just great, I got in at the 8.00 mark in like the first 3 minutes and those three big red candles happened so I chickened out and got out, I cried the rest of the day lol but either way it was definitely a worthy postable win. Ohh and for future reference guys, when I say something like "nice gain from the $8.00 alert" or something I mean the alert that I sent out. I do not get any alerts from people nor do I subscribe to email pumps. I found this stock this morning all by myself. Sorry for the rant, some little butt munch tried to call me out today on StockTwits, I set him straight quickly and never heard back from him. Buy my rant is done. 

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Now for the announcement, I am completely changing the names of my patterns and setups, and I am going to make a post outlining my intraday setups. This will be accessible on this blog at all times somewhere near the side or the top. I will call it like Setup Reference or something to that matter. Because If you have been following this blog you have probably heard me say something like an "F1" pattern in the past and these names kind of infringes on the strategy that I have attained from the stock guru that taught me everything I know about stocks. So I am cutting ties with this strategy and making everything my own. Basically just renaming the setups and teaching on my own. Once this viewer base grows I do plan on monetizing this and turning this into a normal website with educational videos, chatroom, live trading videos, daily/weekly video lessons and other stuff at much cheaper prices than the normal gurus but for now we just have the blog, ALSO ORIGINAL BLOG VIEWERS WILL BE ABLE TO JOIN SAID FUTURE SITE FOR FREE, but this site in the making has a while before it is available. But over the next couple of days be looking for the post outlining my intraday setups.

I am here for anyone with questions, shout me out on social media for questions or email me privately, my names for Twitter and StockTwits are in the bio above along with my email. You can also comment on the posts. I am here to help anyone, my goal is to help everyone master the stock market and change their lives by becoming their own boss!

That's all for me today guys, 

Stay Educated. Stay Disciplined. Stay Profitable.

Take it easy,

JP