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Monthly Archives: February 2020
Monthly Archives: February 2020
We’ve seen incredible volatility this week, and with the lingering threat of this coronavirus, combined with the end of month jitters, we can certainly expect more big moves on Thursday…
And with increased volatility comes the need to choose our trades wisely, focusing on the most reliable support & resistance levels to keep us out of trouble…
What are the most reliable support & resistance levels? I call them “confluence levels”, and I’m leaning on those tomorrow morning – are you ready?
Continue readingMarkets continued to push lower today, and with such strong runs lower, the key for tomorrow is using ranges and hidden-channels for entries and exits… We’ve also seen increased volatility this week, which is typical for the end of the month, which means I need to make three small adjustments to charts, trade management, and […]
Continue readingToday’s big pre-market moves lead into range-bound markets on Tuesday, and with the bears in control, the plan is to fade the breakouts; buying low, selling high, and waiting for failures – are you ready? Let’s go…
Continue readingFriday’s trading session is just around the corner, and with strong momentum, combined with trading ranges, I can see plenty of reliable trading opportunities…
Crude Oil has two ranges stacked on top of each other, Gold’s range is extra small which is a big clue, and the Emini’s have ranges for both entry patterns and exit targets; I’m excited for trading tomorrow morning, are you ready? Let’s go…
Continue readingAll of our favorite markets closed firmly bullish at their highs this afternoon, and since we didn’t see many deep pullbacks in today’s trading session, that’s exactly what I’m looking for on Thursday…
More importantly, these “over-extended” trends have a distinct personality, and some patterns will work better than others, so let’s make sure we know exactly where to find the most reliable entries on Thursday – are you ready?
Continue readingWe’re back in the action once again after a restful holiday break, and with a short week ahead of us, we know there’s no time to waste on Wednesday morning…
The bulls have control of our favorite markets tonight; with Crude Oil and the Emini’s trying to re-test their highs, and Gold traders waiting for one of four reliable set-ups after it went “parabolic” this afternoon – are you ready? Let’s go!
Continue readingCan the Emini S&P and Nasdaq continue this record-breaking run? Can Oil finally hold this bullish reversal? Can Gold breakout of the weekly range?
No matter which market you’re trading tomorrow morning, sideways ranges have played a major role in our trading this week, which means we need to have a plan for trading breakouts on Thursday morning…
Because whenever there are breakouts, there will be head-fakes and failures, with plenty of opportunity for a patient trader to take advantage, but only if you have the right plan of attack – are you ready?
Continue readingThese markets continue to trade sideways within ranges going into Wednesday’s session, which tells me to buy low, sell high, and focus on failures…
But which entry pattern works best in these types of range-bound markets? The key is to understand two important rules to qualify the best set-up, are you ready? Let’s go…
Continue readingThe Emini ES and Nasdaq both made strong runs higher today, while Gold and Crude Oil are stuck in range-bound markets, telling me to use two different strategies on Tuesday morning…
But no matter which market you’re trading tomorrow, they all have one thing in common; hidden-channels as key support & resistance…
So my goal tonight is to make sure you know the best strategy for trading with hidden-channels, the best entry patterns, and targets – are you ready? Let’s get started…
Continue readingWe’re almost finished with the first week of February, and with Non-Farm Payrolls on the schedule for tomorrow, we’re seeing a lot of consolidation going into the overnight session…
But you know me, I love range-bound markets because they make our job so easy; buy low, sell high, and keep an eye on momentum, because that’s the secret to choosing the correct entry pattern – are you ready?
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