July 27th, 2021 - PRECISION TRADING LABS
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July 27th, 2021

There are two approaches to trades: 

  1. Look to catch tops and bottoms to trade major reversals, or 
  2. the more consistent way of identifying a valid trend, sometimes across timeframes, and going with the flow. Trade with the current and ride the wave of sentiment and institutional trading.

Trading isn’t easy. But trading WITH the market or a sector, whether it’s rising or falling, and not fighting the current, is certainly less difficult.
Below are Sector Performance charts summarizing the last trading week (chart 1), followed by a screen of sector performance based on the behavior of short-, medium- & long-term moving averages (chart 2). Viewing sector performance through these two lenses helps us find trend-following, high probability setups::

The moving average performance screen (chart 2) shows the state of the 20-, 50- and 200-day SMAs in each sector and how price sits in relation to each SMA. Week-to-week changes in SMA status are highlighted (for the close of 7/23 vs close of 7/16).

Our plans are:

Look for our preliminary list of potential trade candidates Wednesday and two high quality setups Thursday before the market opens!

Whitelist PTL’s email to make sure you see Actionable Trades.

Mitch & Ryan

Precision Trading Labs
110 Wall Street
New York, NY 10005

Our plans are:

 

After all, a tool is only as good as your ability to use it.

I have handed you some valuable information
Now let me show you how to use it.
You see, information is good… but ACTION is better.
After working with thousands of experienced traders and want-to-be traders, in all kinds of market conditions, over the past seven years, I have found that the best way I can help you get immediate and tangible results is with our Show Me The Money Call. 
It’s where you hop on a live, 17 minute Zoom call with me where I will share my screen and take you through our exact process to determine and execute a winning trade right there on the live call, including the precise exit points of the trade.
No more guessing on your own whether something will work or not….
We do all the heavy lifting and provide you with the exact steps you’ll need to make so you can start seeing results immediately.
You can choose to make this trade yourself, or make it in a simulated trading account, or just sit back and enjoy watching how we come out ahead of the game, day in, day out, week in, week out, year in, year out…
Book your Show Me The Money Call Here

See you there,
Ryan

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