Traders Suddenly Remember The Colour Red
What TSF Is:
A comprehensive swingtrading resource that saves you time, analyzes the market and searches for interesting opportunities and setups in stocks
A trading educational resource that is aimed to help you build a methodology, process and risk management & execution framework to be able to trade according to good trading principles
A community with a private Discord
TSF - Analytics platform
What TSF Is Not:
A trade alert service. I share all of my own trades, but those are my own personal trades and thoughts that I journal. They are never a recommendation to buy or sell anything, nor any type of financial advice
Nor are the setups a recommendation to buy or sell anything, nor any type of financial advice. Every setup needs to trigger to become valid, I only share my own views on the setups and the stocks I talk about.
Some Welcome And Expected Weakness Yesterday
We are due for some chop and a pullback, and a pullback within a bullish structure is something you should welcome.
And we have talked a lot lately about preparing for the next phase and how you must continuously sell into strength to ensure a positive equity cycle. This also helps you withstand pullbacks better, because pullbacks are natural part of how stocks move.
And during the last couple of days I have highlighted that this is the time to let your current trades work, rather than putting on new heavy exposure.
Because our model was at a max euphoric score — the backtest on 20 years of data shows us a cool off will come within days.
This is what I showed you in Sunday’s Market analysis.
Scoring updated daily on the TSF - Analytics platform, and you can read about the backtests here:
Trapped Longs
I sense that we have many trapped longs, meaning people who missed the best early spots in leaders — they chase them extended and what happens is that they experience triple the pain.
Pain by missing the first move
Pain by being smoked chasing extended stocks just before a cool off
And lastly pain seeing them rip after your stops hit.
Don’t trade like that, understand the market cycle and where we are in it — and our model and this service is designed around helping being aligned with the market cycle.
Stay disciplined and focused — if you missed the best spots, let the leaders come to you, patience is key.
Study Relative Strength When The Market Weakens
Weakness shows us where we should focus ahead, and studying the market during temporary weakness is the most important thing in trading — thats how you find the leaders.
Leaders like PENG, that we found with TSF - Analytics recently.
This Is What You Want To See
PENG was a solid find, showing no weakness yet.
Explore TSF - Analytics
Now Stocks
Today we will go through a lot of stocks and setups, lets focus on the best of the best in our focus list and some other opportunities I see.
Because I think this dip can provide some quality opportunities in great stocks.