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Monthly Archives: March 2020

Predicting Breakouts – 4 Reliable Trade Setups

Predicting Breakouts – 4 Reliable Trade Setups

We’re going into the final day of March on Tuesday, which tells us to anticipate increased volatility and make adjustments accordingly…

An even bigger clue, however, are all these easy “breakout” clues this evening, because the Emini ES, Crude Oil, and Gold are all trying for breakouts…

Knowing this, I want to make sure you know my four favorite breakout set-ups…

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Trading Sharp Pullbacks – Avoid the Stop & Run

Trading Sharp Pullbacks - Avoid the Stop & Run

Tomorrow’s the last Friday of the first quarter, which means we’re going to be trading a rare situation; end of week, end of month, and end of quarter, and that means increased volatility…

Knowing this, I want to make sure we’re ready for sharp pullbacks tomorrow morning, because if you’re not prepared, you’ll get fooled into taking the wrong side of the market – are you ready? Let’s go…

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Buy the Rumor, Sell the News & 5 Powerful Price Patterns

Buy the Rumor, Sell the News

Markets rallied today on optimism that the US would approve the Coronavirus Stimulus Bill, but with such big moves on the charts, I suspect traders are actually “buying the rumor so they can sell the news” on Wednesday…

Knowing this, my job tonight is to plan for that sharp correction, and be ready with the right set-ups to handle all the momentum – are you ready?

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Hidden Ranges, Trade the “Snap Back”

Hidden Ranges, Trade the

Our favorite markets tumbled lower again today, finishing the session in what appear to be “hidden ranges” just off their lows…

Those hard-to-find ranges are a big clue, because with all this bearish momentum over the last couple days, I’m expecting people to get aggressive selling new lows…

My plan is to use those “hidden ranges” as price magnets, waiting for sellers to get caught chasing so I can trade the “snap back” – are you ready? Let’s go…

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Overshoot Trading Strategy – Better Levels, Precise Entries

Overshoot Trading Strategy - Better Levels for More Precise Entries

You could tell markets were anxious today because the price-action was filled with narrow ranges and fake-out breakouts…

Those annoying FOBO’s are important clues, because you can measure them and use them as key support & resistance levels for your entry set-ups…

So tonight, we’re talking about how to use “overshoots” to pinpoint the best support & resistance levels I’m watching for Thursday – are you ready?

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Trading the Extremes, 3 Setups to Plan For

Trading the Extremes, 3 Setups to Plan For

We saw some incredible price-action today with lots of reliable opportunities, but as I look forward to Wednesday, I can see a challenge on the horizon – we’re trading at the major extremes…

With Gold sitting on it’s weekly low, the Emini and Crude Oil re-testing the blood-bath highs, we assume these price levels have a lot at stake for tomorrow…

Whenever I find myself trading at the extremes, I know I need to stay patient, because rookies will often get too aggressive in these locations, which gives a patient professional the opportunity to capitalize – are you ready? Let’s go…

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Price-Action Strategy, Listen to the “Story”

Price-Action Strategy, Listen to the “Story”

We started the week with another volatile session, telling me to make small adjustments in my trade management, and gets me excited for another great week of opportunities ahead…

But with all this volatility and scary news headlines, it’s easy to lose your focus on what’s important…

The key is to “listen to the story” being told in the price-action, because the “story” provides clarity, and most importantly, it tells me exactly where to find the best set-ups for Tuesday – are you ready?

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