Some of the stocks on my dark pool activity have performed really well… with a few of them making moves. 

When it comes to the dark pool activity, I believe I’m able to put myself in a position to uncover potential gains.

For example, I alerted subscribers to a slew of dark pool activity in Ecolab Inc. (ECL).

Here’s what I sent out in a watchlist on Thursday…

 

 

ECL might be set for a breakout. I saw this name come across the scanner yesterday 6 times. It’s sitting below its recent 52 week high of 211.24

 

Chart Courtesy of StockCharts

 

I mentioned the stock could breakout after the dark pool activity showed up on a proprietary scanner I use…

What do you know, as you can see from the chart above, the stock made a move to the $217 level.

This week, I have a few names on my radar, which had dark pool activity late last week.

 

 

CRWD made a massive move after the initial dark pool trades that hit the tape… the stock has strongly trended up over the past month hitting a recent high over the weekend.

With the stock set to report earnings this week, I think it’s one stock to keep on my radar.

 

 

AMD came across the scanner 7 times yesterday and it’s in a daily and weekly squeeze with momentum headed higher. So this stock is on the watch for me.

I’ll continue to monitor the charts to look for a potential entry. I may look to the options market to establish a trade here.

 

 

Last but not least, Anaplan (PLAN) is on my radar.

Although the stock did not show any TTM squeezes… I like the way the daily chart is trending and recently pulled back to a nice entry price. I like that PLAN continues to grow in profitability. I’m looking for a longer dated at the money call option.

 

Chart Courtesy of StockCharts

 

Now, on my maser watchlist, I’m keeping an eye on: TWTR, SQ, HAL, CZR,, ZNGA, GRUB, ZM, LUV, WDAY, INFY, KDMN, SQ, HD, SNAP, PING, BA.

Stay tuned, I’ll be in touch if I notice any stocks that pop up on the dark pool activity scanner.

Author: Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com weekly podcast WealthWise where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share the wisdom needed to live a wealthy life.

 

Do you know the #1 topic most couples argue about?

Now I don’t mean things like asking for directions (”I’m not lost!”) or how to stack the dishwasher (useful tip below!)

The #1 area which causes disagreements for most couples is money.

RagingBull Elite host, Hitha Herzog, recently sat down with “your financial therapist” Erika Wasserman for a chat. 

Erika gave some priceless tips on how to talk to your spouse or significant other about money, more specifically your trading.

It’s always fun to share stories of your wins and your gains. High 5 to profits… YAY!

But what happens when your spouse sees your losses as just an expensive hobby?

Erika discusses how to open up the dialog, effective ways of communicating daily gains and losses, and managing emotions after good and bad days.

And while you’re at it, everyone knows that the butter plates go in the TOP rack and NOT the bottom rack! 😉

Some people never learn. Don’t get caught out!

Listen up!

 

Author: Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com weekly podcast WealthWise where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share the wisdom needed to live a wealthy life.

Have you ever put a trading plan together…

Zeroed in the stock or ETF to trade…

But missed your entry?

It leaves you with…

Chasing the stock to get in…or waiting for a better entry…and potentially missing the move entirely…

I’ve discovered a happy-medium…

So what’s the solution?

Volume Average Weighted Price or VWAP

And today I’m going to explain why this is the best indicator to use to time your entry!

 

Daily Deposits

 

Along with the futures markets, each day the equity market begins trading in their pre-market session at 4am.

It’s in these few hours prior to the official market open,you can get clues about the direction of trading the markets might take when they open.

And that’s where the Daily Deposit trading strategy is designed to hunt for clues with what the market is feeling for the day ahead.

And the momentum trading strategy that I have developed and actively trade has been crushing the markets even if this last month has been slower than usual.

The pre market is broken into 3 key parts:

  1. The global overnight outlook
  2. Sectors for the US Markets
  3. Daily chart on SPY with Technical Analysis reviews

And my analysis starts the same every day using a combination of momentum indicators.

What I combine in my research:

  1. Price action
  2. Volume Analysis
  3. Moving Averages
  4. Support and Resistance zones
  5. The overall volatility of the markets
  6. The internal volatility of the markets

And after your analysis of the markets it’s time to place the trade.

But what if the markets move too fast and you miss your entry price?

For example…

 

Source: Thinkorswim

 

What would you do if you missed your entry at the market open?  

You want to make sure you stay disciplined and don’t chase market prices this much higher!

So that’s where the Volume Average Weighted Price, or VWAP, is a good tool.  

By using it correctly it can be an effective momentum indicator and rhrtv.

 

Volume Weighted Average Price

 

Volume Weighted Average Price (VWAP) is an extremely powerful indicator of momentum and value of a stock.  

But it can also be used to give you a place to enter your trade at a fair market price.

In a previous trade, here’s how the VWAP could have been used to signal entry price for you to enter at.

 

Source: Thinkorswim

 

As you can see, at each “X” drawn, you could have entered the SPY long and captured huge upside momentum without resorting to chasing the stock price.

Now let’s take a look at the example where you missed the trade right at the morning and didnt want to chase prices higher.

 

Source: Thinkorswim

 

As you can see that just by waiting for the price to come back to VWAP instead of chasing prices higher.

 

Conclusion

 

I know it’s frustrating that sometimes you can pick a trade almost perfectly just to never have a chance to enter your trade.

And it happens more frequently than you would think.

But when you are geared up with the right tool, you can find the best entry levels for your trades instead of chasing prices higher.

VWAP is an extremely versatile tool and when correctly used you can find some of the best prices to buy a stock at.

Click here to sign up for Daily Deposits now!

Author: Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com weekly podcast WealthWise where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share the wisdom needed to live a wealthy life.

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