Let's Trade

8/4/21 - Choppy day ends mixed


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Spy ends lower, QQQ ends higher, but no real substantial moves to close out a choppy day.

UAA ended up working out for a nice 2R gain, however DDD did not and the position was exited a little early because of how the market was doing, saved myself about .5R there to end the day at 1-1.5R.

Ethereum seems to be making a pretty nice run, however it is up for 10 straight hourly bars so may want to wait for a little bit of a pullback before jumping in to by some. Rest of the crypto market seems to be benefitting as well, as Bitcoin is also having a nice run along with the rest of the large cap alt coins.

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Let's TradeBy Derek Hutson