South Texas Traders

11/03/2019

Weekly update, market still on rally mode, momentum still in place, no reason to short although there are some divergences present, some news from china trade could take markets higher, just be attentive to your trades and keep tight stops

09/06/2019

NQ Nasdaq breaking resistance but making an inside candle today, setup for selling a 7700 put spread

08/12/2019

The head and shoulders pattern, pretty powerful move, you should entry position when it breaks the neckline level

08/05/2019

Market selling off from retaliation from
China on trade, great time to start a small long position (betting that it goes up)
Trade with caution

08/05/2019

Watching market futures closely since last week drop after Trump’s trade tweets.

08/03/2019

08/02/2019

This was the binary event the market needed to take direction, currently bears (meaning those who bet for stocks to go down) are in control, prices have been pushed lower

U.S. President Donald Trump on Thursday said Washington will apply 10% tariffs on $300 billion of Chinese goods starting Sept. 1.

08/01/2019

Learn how to trade, one on one classes.
Last week more than 200 points drop from the sell post, if you are trading micro futures that’s $400, if you traded the big product of NQ thats more than $4000 in a couple of minutes, the power of leverage and keep yourself disciplined.

08/01/2019

Our short is working, just added more

08/01/2019

We place a small short trade in NQ (nasdaq futures)
We have some resistance in the hourly and the daily chart, daily chart has RSI and MACD negative divergence, no going full bearish right now, just started a small position

08/01/2019

What is a stock??

A stock (also known as "shares" or "equity") is a type of security that signifies proportionate ownership in the issuing corporation. This entitles the stockholder to that proportion of the corporation's assets and earnings.
Stocks are bought and sold predominantly on stock exchanges, though there can be private sales as well, and are the foundation of nearly every portfolio. Historically, they have outperformed most other investments over the long run. These investments can be purchased from most online stock brokers.

08/01/2019

Market didn’t like the Fed minutes and sold off in today’s session, we are at a very important level, we’ll know what direction the market takes but so far trade with caution, bearish bias