Friday, January 22, 2016

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

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