Buyers are Waiting on This; 3 Setups for Summer Friday

Tomorrow isn’t just a Summer Friday, it’s also the end of July, which means we’re expecting a smaller window of opportunity with a strong dose of extra volatility…

The biggest challenge we face for Friday is how the market finished today; strong spikes into the close leave everyone wondering – “can they hold this?”

It’s true – buyers need to show us proof that today’s climactic finish wasn’t just a blow-off-top, which means anything is possible, and I want to make you’re ready no matter what we get – let’s get started…

Failed Rotation; Trading Signal Hiding in Plain Sight!

Everything looks bullish in the wake of this afternoon’s FOMC Announcement, which tells me to look for buy setups at key support levels on Thursday morning…

But biggest clue, was what DIDN’T happen today; the sellers failed to complete rotation on Crude Oil, Gold and the Emini, which is a key signal to stay focused on the long side – here’s my plan at attack…

5 Patterns for FOMC Trading; Capitalize on Traps

We’re headed into the FOMC Announcement tomorrow afternoon, one of the biggest news events of July; our job is to get to our desks early for the best setups before things slow down into lunch…

Looking at the charts – balanced ranges will continue to play a role on Wednesday, and where there are ranges, there are lot of trap opportunities to catch rookies trading breakouts – are you with me? Let’s get started…

Can Buyers Finish the Pendulum Swing? Best Entries for Tues.

We’re back to our desks for another big week of trading; with the end of the month, the final week of earnings, the FOMC Announcement and the potential for new stimulus announcements – it’s going to be a great week in our trade room…

Looking at tomorrow’s session, everyone’s watching the Pendulum Swing on the Eminis and Crude Oil, while Gold tries to keep the momentum running higher.

Are you ready for the action? Let’s get started…

Trading with Spikes; 4 Setups for Friday

I suppose it had to happen eventually – This week’s bull run finally came to an end this afternoon after a surprise spike in Jobless Claims, combined with growing tensions between the US and China gave buyers a reason to take profit…

Looking at the charts, our favorite markets finished today with strong spikes running lower, which makes our job relatively easy; there are four reliable patterns following a spike, and I want to make sure you’re ready for them…

Trading with *Hidden* Channels; Best Pullbacks for Thurs

Our favorite markets finished today’s session up at their highs, but more importantly, they finished on strength, which suggests that buyers are looking for another leg higher on Thursday…

The problem is – I don’t want to buy the highs, I need to wait for a pullback, and I have my eyes on the lows of three hidden channels – do you see them? Let’s get started…

Trading the Bounce; When to Trade It, or Fade It

We started today’s session with a strong run higher, but a delay in the next stimulus bill quickly let the air of this balloon and markets quickly turned lower…

That leads us to the big question for tomorrow; should I trade the bounce, or fade the bounce? It all depends on momentum, here’s the plan…

Can Buyers Hold This Rally? Best Setups for Tuesday

Our favorite markets “caught a bid” this morning and never looked back, finishing today’s session up near their highs – but I keep asking myself, “can they hold this rally” going into Tuesday?

OPEX Trading Strategy; Best Trades for Friday

OPEX Trading Strategy; Best Trades for Friday

We’re headed into Options Expiration, better known as OPEX Friday tomorrow morning, which usually means lower volume and unpredictable price-action…

The most important aspect of tomorrow’s Summer Friday session is to focus on the most reliable support/resistance levels for your entries and exits; I have the perfect plan, let’s get started…

Trading Breakout Failures; Which Entry Pattern Works Best?

Trading Breakout Failures; Which Entry Pattern Works Best?

We’re seeing nothing but range-bound markets on the charts tonight, which means the plan for tomorrow is rather simple; buy low, sell high, and focus on breakout failures around the edges of the range… let’s go!