Hello swing traders! Welcome to Compound Trading Swing Trading Keep It Simple K.I.S.S. Charting Review (Public Edition) for the week of April 2, 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 – THIS WEEK has a lot of indecision so we will detail set-ups for you on tighter time-frames and show you specifically what triggers long and short.
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). The “it can gap down” philosophy has not been on the winning side historically. So we swing trade with managed risk with stops and proper discipline.
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, Gold Miners, Silver, Crude Oil and the S&P 500. Below are daily charts and some charts include the hourly or even 5 minute 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 encourage 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.
I (the lead trader at Compound Trading) published a blog post today that hopefully will encourage you to learn the disciplines required – you can find it here When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.
It wants to go. Simple Charts $USOIL $WTIC Daily MACD cross up, Stoch RSI way up, SQMOM may turn green, Above 200 MA. $CL_F $USO $SCO $UWT $DWT
Indecision. Simple Charts $USOIL $WTIC Hourly MACD mid, Stoch RSI near bottom, SQZMOM green, Above MAs. $CL_F $USO $SCO $UWT $DWT #daytrading
Indecision. Simple Charts $USOIL $WTIC 5 Min MACD mid, Stoch RSI near bottom, SQZMOM red, mixed MAs. $CL_F $USO $SCO $UWT $DWT #daytrading
Indecision. Simple Charts #GOLD Daily MACD mid pinch, Stoch RSI down, SQZMOM green, under 200 MA $GLD $XAUUSD $GC_F #swingtrading
Indecision. Simple Charts #GOLD Hourly MACD mid pinch, Stoch RSI downtrend, SQZMOM green, under 200 MA $GLD $XAUUSD $GC_F #daytrading
Simple Charts #SILVER Hourly MACD mid pinch, Stoch RSI near bottom, SQZMOM green turning down, above MAs. $SLV $USLV $DSLV
Simple Charts $VIX Hourly has a heartbeat MACD turned up, Stoch RSI threatening, SQZMOM green, mixed MA. $UVXY $TVIX $XIV #daytrading
Life Simple Charts $VIX Daily Flat MACD mid range flat, Stoch RSI down, SQZMOM flat, 200 MA peekaboo. $UVXY $TVIX $XIV #swingtrading
Indecision. Simple Charts $USDJPY Daily MACD down pinch, Stoch RSI uptrend, SQZMOM red, above 200 MA. $DXY $USD #SwingTrading
Indecision. Simple Charts $DXY Daily MACD near bottom, Stoch RSI up top, SQZMOM red, above 200 MA. $UUP $USD #SwingTrading
Simple Charts #SILVER Daily MACD mid pinch, Stoch RSI near top turn down, SQZMOM green turn up, above 200 MA. $SLV $USLV $DSLV #swingtrading
Indecision. Simple Charts $GDX Miners Hourly MACD flatish up, Stoch RSI turn down, SQZMOM flat gr, over 200 MA. #SwingTrading $GDXJ $NUGT $DUST $JNUG $JDST
Not good. Simple Charts $GDX Miners Daily MACD pinch, Stoch RSI down, SQZMOM green, under 200 MA. $GDXJ $NUGT $DUST $JNUG $JDST
Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading
Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading
That’s my simple perspective for the week. Best to y’all this week. For a much more detailed review please refer to the member’s post.
Email or DM me on Twitter anytime with thoughts or questions!
Cheers!
Curtis
P.S.
The charts included in this review may assist you in the endeavor of trade entry / exit and if you wish to become more serious (more profitable) with your entries refer to our swing trading for more insight (includes many equities also in the weekly reports).
The charting algorithm model Twitter feeds can be found here:$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