To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
We are going to go long TBT which is the Ultrashort 20 year Treasury. This means we expect the TLT to move lower, and 20 year treasury rates to move higher. Current Price of TBT is $17.39. We are using a $16.97 protective sell stop. **Remember TBT is a leveraged short, so position size lower if needed.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
I am going to raise yesterday’s protective sell stop on the 1/3rd of our original long BTC position to $46,740.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
I am going to put a protective sell stop on another 1/3rd of our original long BTC position at $46,440. Not happy with the last hours weakness….
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
Our general market indicators are overbought and looking like we are making a short term top here. I am selling IWM at the market ($222.40), and taking small loss. I am also entering a sell stop order on QLYS at $109.70 Good Until Cancelled. I will watch this one as if we can’t breakout here, I might just take small profit and look to buy back lower.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
QLYS – Buying at the market, current price $109.61. You can see that the OP has been making lower lows, while price holds higher. We also now have an oversold Technometer. Also looks like it could be completing a “Backup” to a the creek it jumped at $108
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
We sold our YETI, MSFT, and SQ long positions.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
Let’s buy IWM at the market, current price $230.74. We have what could be a jump and a backup, and the Technometer is extreme oversold.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
Updated stops. Volatility is high so we want to tighten up stops. We still think stocks can work higher from here.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
Use a protective sell stop on the Bitcoin we bought at $33,829 at $33,900.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
I am going to buy Dupont (DD) at the market. Current Price $82.62. Using a current sell stop at $77.
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.
We have the BTC USD Technometer at 37.8 and a bullish divergence with OP (volume) hitting new lows while price holds higher lows. I think we make a bottom here….. So if you used the $36,100 mental I recommend, I would buy back that 66% at the market here. Current price $33,829
To access this content, you must signup for a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members), or if you already have a Pro Traders Membership, Wyckoff Elite Membership or Pro Traders Membership (Crypto Discord Members) you can log in here.