Day Trading Radio Blog Alert - HPS Watch List Video released for this week

Published: Sun, 08/05/12

 
 

2012-08-05 17:39:06-04
HPS Watch List Video released for this week

Last week we really tightened up the discipline and waited for the entries to come to us. I stress that fact a lot in this week's video and even though the markets seem to be teetering on whims of Global Central banks. Stocks still give great opportunities if you can identify them before they happen instead of seeing them after the fact. That's a core belief of mine and why so many traders get chopped up in this market. Just being reactive to the moves in the market will get you trapped more often then being proactive and identifying entry and exit zones before they happen. A great watch list that focus more on Financials this week and Financials could help this market make a run to recent highs. 

Flag formations have made a big impression the last 2 week's and this has been a positive sign as a flag is pretty much a continuation pattern or the current direction. These flags continue to set up and I have pointed out some early trends that we will be following over the next few weeks and revisiting them each time they flag out.

Here is 2 examples of flags 1st is COST and it shows how the trend is really defined by the flags

The 2nd Is where we want to identify new trending stocks, PAY one of the Focus stocks for this week

Here's this week's watch list Video http://daytradingradio.com/10for1000

DTRS




Follow Us On