Toni's Trade Wrapups - Introduction

Hey gang... I often have people wondering what we are trading in the live trading room each day. I usually give about half a dozen things and will start to attempt to keep them updated here. Sometimes things such as swingtrades are good for entries into the next day and have not triggered during the day given, so this will be a good chance for those that are not around at the time to catch up.

For those that are new, a quick introduction is that those stocks posted early on have great daily charts and we are looking for setups in the direction of the gap or bias as posted. Otherwise, stocks basing at highs are for longs on breakouts and stocks basing at lows are for shorts on breakdowns. Any other patterns will be posted with a link for what the pattern looks like and how to trade it.

The breakout template used for the room is the one I created several years ago and is located at http://tradingfrommainstreet.com/images/roomexamples/BREAKOUT_TEMPLATE.gif. The following are only the positions and stocks I have given, although other traders also post throughout the day.

Some of these updates will be more detailed than others, depending upon how much time I have in the evening to post. Some I will show with some charts to help familiarize you with the types of setups given and how to trade them. I also post the major support and resistance levels for market reversals throughout the day for EMini traders, but given time limits I won't be updating those everyday. Hey, I do this in my "free" time (what there is of it haha!).

The room is free, so please feel free to stop by. The link is as follows: http://www.tradingfrommainstreet.com/roomsetup.html


All my best,
Toni