{"id":583,"date":"2019-10-08T04:36:55","date_gmt":"2019-10-08T09:36:55","guid":{"rendered":"https:\/\/daytradingfreedom.com\/blog\/?p=583"},"modified":"2019-10-08T04:36:55","modified_gmt":"2019-10-08T09:36:55","slug":"downs-and-ups","status":"publish","type":"post","link":"https:\/\/daytradingfreedom.com\/blog\/downs-and-ups\/","title":{"rendered":"Downs and Ups"},"content":{"rendered":"\n<p>Here are a couple of trades to kick off the brand new week \u2014 one in each direction. The first one was <a href=\"https:\/\/daytradingfreedom.com\/blog\/roku-around-the-christmas-tree\/\">old friend ROKU<\/a>:<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"1000\" height=\"1000\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-28.jpeg\" alt=\"\" class=\"wp-image-582\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-28.jpeg 1000w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-28-150x150.jpeg 150w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-28-300x300.jpeg 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-28-768x768.jpeg 768w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-28-100x100.jpeg 100w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure><\/div>\n\n\n\n<p>This was definitely a messy old setup, but ROKU is gonna ROKU and we know a move down on momentum in this stock is likely to give us something to work with. Which it did, offering a quick grand after exiting on the bounce and loss of momo.<\/p>\n\n\n\n<p>It wasn&#8217;t all downwards though. Here was a long trade on another old fave FB:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" width=\"1000\" height=\"1000\" src=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-30.jpeg\" alt=\"\" class=\"wp-image-581\" srcset=\"https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-30.jpeg 1000w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-30-150x150.jpeg 150w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-30-300x300.jpeg 300w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-30-768x768.jpeg 768w, https:\/\/daytradingfreedom.com\/blog\/wp-content\/uploads\/2019\/10\/Image-08-10-2019-11-30-100x100.jpeg 100w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure><\/div>\n\n\n\n<p>This came much later in the session. The setup was a little bit friendlier, with several signals converging to add confidence to the entry, and a very clear target in that nice blue line.<\/p>\n\n\n\n<p>The price got through the line and I held on to the next bar to see if it would be further, but the momentum wasn&#8217;t there so I got out pretty much bang on where I imagined it might end up. That produced a tidy $800 profit.<\/p>\n\n\n\n<p>As regular readers of this blog know (and readers of my books also know), I usually only trade the morning because I&#8217;m lazy and because frankly after lunch I find it tough to concentrate on a chart. I use the afternoons to get on with other things. I&#8217;ve been using a lot of afternoons (and some mornings and weekends) on another project recently. I&#8217;ll be sharing more about that soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are a couple of trades to kick off the brand new week \u2014 one in each direction. The first one was old friend ROKU:<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/583"}],"collection":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/comments?post=583"}],"version-history":[{"count":2,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/583\/revisions"}],"predecessor-version":[{"id":585,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/posts\/583\/revisions\/585"}],"wp:attachment":[{"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/media?parent=583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/categories?post=583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daytradingfreedom.com\/blog\/wp-json\/wp\/v2\/tags?post=583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}