Swing Trading For Profit | TradeSelector.com

Steps to Success

Trade stocks with high potential of gains of 5% to 10% in 3 to 5 days,
Ensure maximum risk reward ratio that keeps making a profit
Hold positions as long as they move in the planned direction and move stops to protect gains (see examples).

TradeSelector Trading Method

TradeSelector is a stock picks service for short term trading known as Swing Trading.

We enter trades using Technical Analysis: daily price movements, short and long term trends and areas of technical support and resistance.
We use patterns we know have the best odds of being profitable, then create a trading plan with entry, stop and the most likely target price.
We compare the risk to the potential reward and determine if the risk is justified before we enter the trade.
Our low risk balanced method doesn't promise to make huge net portfolio gains (don't believe those that do) but makes a steady consistent gain (see our full Trading Performance ) Look at How We Trade for more infornation, or visit our Sign Up Page for other details.

Tweets

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SPX needs to climb above the 1111 level which will be a small breakout targeting 1120. Sellers emerging though. $SPX 2 minutes
$SPX $SPX SPY 111.56 struggle between Bulls and Bears is happening NOW. 3 minutes
$$ NEW POST: "Sitting Pretty Into the Weekend" http://bit.ly/b1NrEf $SPX #ibankcoin 3 minutes
Twitter-Ticker powered by Peter Kommt Mit. unkonventionell reisen 15 minutes

Still Trading the Tape: The week ahead - Mar 29-April 2 2010

Weekly Forecast

Sunday, 28 March 2010 20:00

tradethetape This past week we saw the markets make new highs and then give up most of those gains by the end of the week. The up trend has not been broken, however we expect that will most likely happen this coming week. it is too early to know if the markets will start a down trend or if they will simply trade sideways to work off the over bought conditions. We will continue to trade on the long side until and if the trend has been broken.

Gold bounced off the lower line of the channel and is now working it's way back up to test the upper resistance line of the channel. The US Dollar broke up and out of it's previous resistance area on strong volume. We expect it to retrace or consolidate the gains over the next few days to a couple of weeks before continuing higher. We do believe the dollar can come down to test the 80.40 area before resuming it's up trend. A move down on the dollar should help move commodities up to test their upper resistance lines.

The Nasdaq Composite Index

First support is at 2360, 2326 and 2293. Resistance is at 2432 and 2457.

COMPQX1

Standard and Poors SP-500 index

First support is at 1150 and 1115, 1112. Resistance is at 1180 and 1212.

SPX1

The Dow Jones Industrial Averages Index

Support is at 10785, 10740 and 10575. Resistance is at 10955 and 11170.

DJ-301

GOLD - via the GLD

GLD Support is at 106.60 and 105.30 . Resistance is at 109.20, 110.60 and 112.20.

GLD1

The US Dollar (Dollar Index )
The U.S. Dollar broke up but is now over bought. Support is at 81.30 and 80.40. Resistance is at 82.25, 81.34 and 83.20.

DXYO1

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Testimonials

Heath Feb 12, 2010
I have been a member of just about everyone on twitter to try and sift through for additional information to help me grow as a trader. I just wanted to let you know you guys and alpha trend are the top of my list by far. Thank you for taking time to help new traders.
Parag Dec 13, 2009
I find your analysis, picks and commentary to be exemplary and very hepful and most of all very 'on the money'.
Scott Newbury Nov 04, 2009
These guys really know what they are doing and I can recommend their membership to other home gamers. Thanks for the great swing trades guys :)

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