Wednesday 25 September 2024

Targeting 15% Upside in STLD with a 78% Win Rate, and the Market’s Next Move?

Join me at 9:15 a.m. ET for “Morning Monster”!
 
   
     
Targeting 15% Upside in STLD with a 78% Win Rate, and the Market’s Next Move?
 
 
As we wind down the last few trading days of the third quarter 2024, what might be the next move to come out of the markets? We have a new Personal Consumer Expenditures number coming on Friday, and the last trading day of Q3 coming up on Monday. 

Come join me as we dive in and see what is moving!

Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. 

Also before we get to Wednesday’s Daily Chart Setup, here’s a previous signal in the Consumer Discretionary ETF (XLY) that I just closed out for more than a double…

 
 
Not bad, right?! 

Well, I also have a video clip of me covering this trade when it first flashed a buy signal.  

Now for…


Today’s Daily Chart Setup: Steel Dynamics (STLD)  
 
 
This idea came directly from my Daily Chart Setup that automatically signals potential plays. 
 
STLD is a new potential entry. Target: 139.77 Stop below: 103.6
STLD has a historical win rate of 77.78%
STLD has a profit factor of 1.698
STLD trades last 32 trading days on average over 27 trades since 1996.

This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.

You can find full details on exactly how this works by scrolling down further in this newsletter. 

Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!

 
 
‘Morning Monster’ Is Starting NOW!
I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!

And please hit that Subscribe button on my YouTube page!
_____________________________________________________

Check Out These ‘Micro-Move’ Gains
 
 
What if I told you a tiny 0.25% move is all you need to be a fairly successful trader in today's market?

Instead of following the herd of options traders trying to predict the next big market swing — which research has shown to almost always lose — you could do the direct opposite.

Forget about looking for big moves. 

Instead, focus on the micro-moves — 1% or even less on underlying stocks — that could bring in up to 50% or more for your trades… all within 60 minutes.

This is all thanks to a new CBOE-approved options type… 

That's so sensitive to price changes, it turns these tiny gains into big options moves.

And the best part? We can target trades like this up to 10 times every single day.

 
 
Let Me Show You My Discovery
_____________________________________________________

How the Daily Chart Setup Works
 
Here’s a more detailed description of how the pattern triggers:
 
1. The price breaks upward through the orange Market Roadmap Line. 

2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 

3. Once it touches the line and starts moving back up, that signals an entry. 

I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!

You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places!


Jeffry Turnmire
Jeffry Turnmire Trading

I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!

Please check out my channel and hit that Subscribe button!

I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.

I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. 


*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 
   
 

No comments:

Post a Comment

Welcome to Tim Sykes Daily!

You are now a member of the inner circle ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌...