Good Morning DTR Listeners I will be taking Thursday and Friday off to celebrate the end of the school year with my family but will be returning Saturday to the office to put out another money making watch list. So look for that to be released Saturday Night. 

Some notes on the market and what to expect as the summer trade comes into effect. 

As school wraps up for the summer more and more traders will be focused on vacations and family obligations this will be seen in the markets by lighter volume and in some ways a lack of enthusiasm. But as you can see here at Daytradingradio.com this does not prevent us from profiting in the market. In this post I want to show you what type of trades I will be committed to bring you each week.

In bringing you these HPS (High Probability Setups) I want to remind you of the underlying rules that you want to continue to stay aware of that will only make your trading more profitable. One of my favorite analogies is comparing trading to baseball and when you think of the characteristics that make up a great baseball player (we are talking hitting) It comes down to not swinging at bad pitches and putting yourself in the best position to make contact and get the ball in play. Wait for your Trade!!

Below is what I call waiting for your pitch. You will continue to get these pitched over the plate for you each week. If you have a know anything about the markets then you know that there is no sure things only great opportunities that come around periodically the HPS site delivered these to you before they move so you can decide which trade is best for you. These are trades of the watch list form the last 2 weeks.

If you do not get these delivered to you check it out here

Here is a current active one that I am in right now and about to take profits

This next one is a great quality company that has the recognizable channel and multiple time frames lining. You can see the results from this

This Next setup is another falling wedge pattern similar to the current CBOE look for the same type of performance

We continue to jump on any Lane Divergences that cross my path this past week has been great for these. If there is one great technique that does not have you chasing a stock it the "Lane Divergence" I have a lot of education on this important indicator on the site.

Another Lane Divergence

The list goes on and on. DNKN was also a Lane Divergence and you can see each chart comes with the buy trigger defined with target and stop. Each of these are discussed on the weekend video that goes out with the watch list giving you a great lesson on how to spot and chart them out.

one last note before i get out of office SLV looking great and GLD this could be the beginning of a bigger move in Metals.. and does the situation in Iraq escalate and effect the markets.. I will go over this also on Saturday.

Have a great weekend 

John

DTRS

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