--> Trading Strategies Blog

I just made my first submission to HubPages, a social content community for writers, where I posted an article related to the psychology of trading. Specifically, it discusses the four most dangerous emotions of which swing traders like ourselves need to constantly be on guard. I’m confident this article will be extremely beneficial to newer traders, […]

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Yesterday (August 16), the main stock market indexes rallied to break out above the confines of their week-long consolidation patterns. Most importantly, the bullish breakout was confirmed by increasing volume in the broad market. Total volume in the Nasdaq surged 27% above the previous day’s level, while turnover in the NYSE rose 17%. Since yesterday’s […]

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Stocks got off to an encouraging start yesterday, as the Nasdaq and S&P 500 indices gapped to open above the highs of their week-long consolidation patterns. However, in an opposite pattern of the preceding two days, the broad market reveresed in the afternoon, causing the main stock market indexes to fade to new intraday lows […]

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On August 2, small-cap stock Cambrex Corp ($CBM) reported quarterly earnings that blew away analyst estimates by 50% (33 cents EPS vs. 22 cents EPS). That day, traders piled into the stock, driving its price 22% higher on volume spike that was nearly 500% greater than average (highlighted by the pink ellipse on the chart […]

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Since August 9, the iShares Nasdaq Biotechnology Index Fund ETF ($IBB) has been on the ETF trading watchlist of The Wagner Daily trading newsletter as a potential pullback trade entry. Though it has not yet traded through our preset trigger price for buy entry, it formed a bullish hammer candlestick pattern yesterday, which could lead to […]

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With the U.S. markets rather lethargic and showing a lack of conviction lately, we have been scanning for potential swing trading setups among the international ETFs. Most of the international ETFs we looked at have badly damaged weekly chart patterns that we are not interested in trading because it goes against our core trading strategy. […]

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Over the past week, sentiment in the U.S. stock market seems to have improved. The main stock market indexes have rallied to break out above technical resistance of their July “swing highs” as stocks have cruised steadily higher. Certainly, this is encouraging, and is a welcome change from the choppy, indecisive price action of July. […]

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