Tuesday, September 6, 2011

10 New Setups To Watch












Hello traders!

Here are LONG setups that look half decent in case the bulls decide to grow some balls and start a bounce sometime this week. Here are 10 ideas that COULD see a little more upside from here. All long trades in this current environment are to be taken for VERY SHORT TERM TRADES ONLY! If the market gives us another weak choppy low volume bounce (like the one we saw early last week), i am sure many stocks will give us some decent SHORT setup entries. Overall please remain extremely disciplined right now. Sometimes, in trading, not losing money is just as important (if not more important) than making money. Greedy traders eventually get washed out of the system. Focus on discipline and preserving your account for when things REALLY start to improve. This way you would be financially and mentally ready to take advantage of good opportunities!

With that said, focus on short term trades if you decide trade these setups.

Good luck folks!


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