by Dan Gibby | Aug 5, 2018 | Past Weekly Options Letters
Because of the mixed markets, we don’t have any official trade recommendations now, but will advise when they set up, and below are two we are watching. Below is a daily chart of Alphabet Inc. (GOOGL). Trade: Over $1246.52, consider shorting Aug (8/10)...
by Dan Gibby | Aug 5, 2018 | Hold for Review
Learn how Master Trader booked 95% winners from swing trading stocks and options using Master Trader Technical Strategies (MTS) to generate wealth and income from Directional and Option Income Trades. Successful trading is all about finding high-probability setups,...
by Dan Gibby | Aug 5, 2018 | ETF Past Letters
The markets continued their crazy gyrations, with the SPY and DIA acting well to negate the bearish retracements after the prior week’s Breakout Failure. The S&P 500 negated that bearish wide range bar by retracing back to the top of it. That strength...
by Dan Gibby | Aug 5, 2018 | Master Trader Advisory Letter Past
In last Monday’s letter I said, “This week, part of our focus will be whether Friday’s bearish wide range bar has the follow-through to the downside or have little to no follow-through and gets negated. Historically, I wouldn’t bet on getting negated, but this...
by Dan Gibby | Aug 3, 2018 | Master Trader Advisory Letter Past
NEW TRADE IDEA: 8/3: XEL – Consider buying stock around current levels of $47.26. Breakout daily and weekly. Stop $45.86.