Hello swing traders and welcome to the Compound Trading Swing Trading Keep It Simple K.I.S.S. Charting Review (Public Edition) for the week of March 26, 2017! This edition focuses on MACD, Stochastic RSI, Moving Averages, SQZMOM and a few others.
Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.
Notices:
Members please refer to the member publications for more detail.
Introduction:
My perspective of the markets can be summarized as go long when you can until it breaks (and I do believe there is a break on the horizon but it doesn’t do you any good to wait around for corrections).
Understanding what the simple indicators are for the entry and exit in your trading position in a swing trade is critical – proper entries and exits can not only increase your win rate but also significantly impact your personal investment portfolio return on investment, thus a critical discipline to at least become moderately familiar. The buy and hold concept has served investors moderately well for some time, but even so, they could have do so much better with very little time invested.
Click here also to review our most recent Swing Trading Quarterly Performance Report.
Thanking you in advance.
This Week’s Simple Charts include MACD, Moving Averages (MA), Stochastic RSI and a custom Squeeze Momentum Indicator (SQZMOM) for the US Dollar, USDJPY, Volatility, Gold, Miners, Silver, Crude Oil and the S&P 500. Below are daily charts and some charts include the hourly charting perspective.
https://twitter.com/CompoundTrading/status/846144297795694592
The secret to Swing Trading successfully is understanding and executing Price Trigger Power Trade Risk Reward PTPTRR
A quick word about this discipline before you review the charts below. If you understand the disciplines involved in swing trading, more specifically PTPTRR then good for you! If you do not, I admonish you to learn the discipline before swing trading. You can of course search online the specifics of the discipline or ask us to assist. Either way, a few hours of focused / directed study will go a long way to ensuring that risk reward is always on your side.
The charts below can be used to achieve a very hassle free return on investment as long as you understand the above principles to trading. This will bring your trading in to a predictable process driven realm. Trust us, it lowers stress and provides investing enjoyment instead of it being a negative learning experience.
In short “Price” is simply the price action and target buy or exit of each trade. The “Trigger” is when the indicators have lined up and price has moved in the direction of and confirmed an entry. “Power” is buying or selling action. And a defined “Risk Reward” is knowing in advance what your plan is and it is a scientific process, not random.
Simple Charting $SPY 60 Min MACD pinch, Stochastic RSI near bottom, SQZMOM flat, Under MA’s, note vol bar EOD Fri. $SPXL $SPXS
Simple Charting $SPY Daily MACD turned down, Stochastic RSI at bottom, note SQZMOM is red, on 50 MA. $SPXL $SPXS
Simple Charts $VIX 60 Nothing Impressive MACD mid range, Stoch RSI topside turning down, SQZMOM green, over 20 50 100 200 MA. $UVXY $TVIX $XIV
Simple Charts $VIX Daily Flat MACD mid range flat, Stoch RSI top turned down, SQZMOM flat, 200 MA peekaboo. $UVXY $TVIX $XIV
Simple Charts $USOIL $WTIC Daily MACD pinch, Stoch RSI turned up, SQMOM red, under 200 MA. $CL_F $USO $SCO $UWT $DWT #daytrading
Watch for that 20 MA – it’s swooping in and when price gets above it you can have sparks.
https://twitter.com/CompoundTrading/status/846119931829612544
Simple Charts $USOIL $WTIC 60 Min Indecision MACD flat mid, Stoch RSI top turn down, SQMOM flat green, 50 MA test. $CL_F $USO $SCO $UWT $DWT
Indecision… watch out for the #OPEC traveling magic show.
Simple Charts #GOLD Daily MACD turned up, Stoch RSI up pinch, SQZMOM green, 200 MA test overhead $GLD $XAUUSD $GC_F #swingtrading
Simple Charts #GOLD 60 Min MACD pinch, Stoch RSI down w curl, SQZMOM green, above MA’s $GLD $XAUUSD $GC_F
Simple Charts #GOLD 5 Min Almost as if no bull wants to go first. $GLD $XAUUSD $GC_F
Bulls have a lot of work to do. Advantage bulls, but they gotta be bulls.
Simple Charts #SILVER Daily 200 MA On Deck MACD mide turn up, Stoch RSI up toppy, SQZMOM still red. #SwingTrading $SLV $USLV $DSLV
It’s a simple trade. SQZMOM is key as price nears the 200 MA – as is Stoch RSI.
Simple Charts #SILVER 60 Min At resistance. MACD moderate up, Stoch RSI peaking, SQZMOM green, above MA’s. $SLV $USLV $DSLV
It blows through overhead resistance and it could be a great trade.
Simple Charts $GDX Miners 60 Min Indecision but bull favored. MACD pinch, Stoch RSI up pinch, SQZMOM red, 200 100 MA cross possible $GDXJ $NUGT $DUST $JNUG $JDST
Miners 60 Min Indecision but bull favored. Watch that 200 MA potential cross on 100 MA. Could send rockets up.
Simple Charts $GDX Miners Daily MACD flat up, Stoch RSI up turn down, SQZMOM flat, 50 MA overhead. $GDXJ $NUGT $DUST $JNUG $JDST
A lot of indecision on the daily miners chart.
Simple Charts $DXY Daily MACD down near bottom, Stoch RSI bottom, SQZMOM near bottom, 200 MA below. $UUP $USD
Remember the election? Where did $DXY flash crash perfectly to? And those indicators say caution bears. $UUP $USD
Simple Charts $USDJPY Daily MACD turn down, Stoch RSI bottom, SQZMOM red, 200 MA below. $DXY $USD
That’s my simple perspective for the week. Best to y’all this week. For a much more detailed review please refer to the member’s post.
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
P.S.
The charts included in this review may assist you in the endeavor of trade entry / exit and if you wish to become more serious (more profitable) with your entries refer to our swing trading for more insight (includes many equities also in the weekly reports).
The charting algorithm model Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Article Topics; Compound Trading, Swing, Trading, Stocks, Picks, $SPY, $VIX, $USOIL $WTI, $GLD, $GDX, $SLV, $DXY, $USDJPY, MACD, Charting, ROI, USD, Dollar, Volatility, Gold, Miner’s, Silver, Crude, Oil, S&P 500, Stochastic, RSI, Moving Averages, MA, Commodities, Currencies