One of the main types of short-term trade setups that is part of our proven swing trading strategy is to buy Potential Breakouts above valid bases of consolidation, in stocks exhibiting relative strength in the broad market. Recently, we did so with a swing trade in Onyx Pharmaceuticals ($ONXX), which enabled us to score a […]
Based on the technical analysis techniques of our proven swing trading system for stock and ETF trading, today’s 3-minute trading strategy video shows a quick and easy way to find low-risk Pullback entries for swing trading while in a strongly uptrending market. This video is a follow-up to the one in this recent blog post, where we discussed How To […]
Unlike our stock trading strategy, which focuses primarily on buying Breakouts and Pullbacks in uptrending markets, we afford ourselves a bit more diversity with our ETF trading strategy because we also seek to take advantage of ETFs reversing from downtrends. This is particularly true with ETFs that have a low correlation to the direction of […]
In yesterday’s Wagner Daily stock and ETF trading newsletter, we pointed out the potential trade setup in iShares Emerging Markets Index ($EEM). Although listed on our watchlist, the trade did not hit our trigger price for buy entry. However, yesterday’s price action in EEM now makes our reward to risk ratio even more favorable for […]
Based on the technical analysis techniques of our proven swing trading system for stock and ETF trading, today’s trading strategy video provides you with several of our best stock and ETF picks to buy today, or in the coming days, for short-term trading. Stock setups discussed in today’s video include: $MGAM, $GPS, $LGF, and $BLDR. Press the […]
In this popular post from yesterday, we discussed a common money management mistake among both new and experienced traders, specifically with regard to prematurely raising stops without an objective, technical reason. Today, we discuss a different, and even more dangerous, trade management mistake. It is the opposite problem, which is the much more dangerous mistake […]
In this 3-minute trading strategy video, learn about a common money management mistake among both new and experienced traders. Have you ever changed your initial protective stop on a trade and later regretted it? You’re not alone. Here is our take on why you should never make this costly mistake, and how to avoid it. […]
In the September 14 issue of The Wagner Daily trading newsletter, we said, “The market rally continues to pick up steam with more groups participating in the advance. The financial sector has picked up some momentum the past few weeks, with the S&P Select Financial SPDR ETF ($XLF) breaking out from a six-month base on […]
Given the recent rally in the broad market, it’s a good time to take an updated look at the technical resistance levels in the major indices. Specifically, let’s assess how much room the main stock market indexes have to run before running into resistance. We’ll use the long-term monthly chart interval, which gives a comprehensive […]
On the evening of September 12, we presented a Live Online Webinar in which we demonstrated the simplicity and power of the new MTG Stock Screener. In that webinar, we did a live scan for the top Potential Breakout setups by simply pressing the button labeled the same. Of the 37 results returned as Potential […]
