Successful swing traders and part-time traders should have a basket of goto setups to trade. One of my favorites stock trading setups is the “failed breakout”. A few weeks ago I went over the failed breakout setup and pointed out that one of the keys to this setup is a momentum divergence , a breakout and close below the old high.
In this video I go over a recent winning trade based on this short setup. As with all my swing trades, Trade Report members were alerted to the Goldman Sachs short trade and many profited from it.
Now that you have viewed the video, leave a comment with any failed breakouts you have found or question you might have.
My focus list is, market analysis and trade alerts are all featured in the Market Speculator Part-Time Swing Trade Report. If you would like to receive the swing trade report and alerts, sign up for the free trial. Follow me on twitter or email me at SinghJD1@aol.com
