We kick of a new month and a new season of trading here at DTR. Yes a new season as the summer comes to an end traders come back to the markets. The last month despite the lack of volume has been good here at DTR. As the HPS watch list has been key to getting in the markets only when the odds tell us of an impending move. The key is written in that last sentence. Basically having patience and waiting for the set up. There is not much to add here that I don't talk about each and every day on the radio. But I was motivated to start a new video series breaking down and teaching " The Highest probability Chart Patterns and Setups in Trading" a video series of my trading set ups and best patterns to trade. Here is the first edition
A listener sent me a chart last week that shows the average annual return of the S&P 500 (during election years) vs this election year. It's pretty amazing to see them next to each other. It does show a pull back during the Sept-Oct time frame.
Next week we start a new season and I am definitely looking forward to it
a couple of additions to the watch list to watch that were not on the video $KVHI, $JBHT pull back,
Kick Ass Trade of the Week: EBAY just based on great flag. Higher risk $VOD see video
Not to many trades last week is is the summary of closed positions