Archive
Monthly Archives: September 2020
Monthly Archives: September 2020
We’re back to our desks after the Holiday Weekend, and the markets picked-up right where they left off last week – lots of volatility and nothing but sellers…
Speaking of setups, everything looks bearish going into Wednesday morning, and with today’s big selloff, I’ll be looking to pick the right pullback to get short off resistance levels tomorrow morning – here’s my plan of attack…
Continue readingWe’re headed into Non-Farm Payrolls tomorrow morning, and with the sharp selloff we saw today, there will be plenty of rookies trying to “buy the dip” before the holiday weekend…
But in my experience, a big selloff like today often results in range-bound markets the following day, which means those buyers might be walking into a trap…
Knowing this, my plan is simple; I’ll be waiting for buyer-failure patterns around key resistance levels and stay focused on selling into stops. The key will be patient, let me show you where to look…
Continue readingWe had another busy day in the markets today; the Eminis pushed to new all-time highs, while Gold and Crude Oil both collapsed and ran lower…
But the big clue today was how the market finished, on strength. All three of these markets finished the day either at their highs or lows, which means there will be plenty of traders waiting to “buy/sell the pop” on Thursday morning…
Continue readingThe month of September got off to an exciting start today; the Eminis keep pushing higher, Crude Oil consolidates into a triangle, and Gold pumps and dumps back into the weekly range…
But no matter which market you’re trading on Tuesday, the most reliable trades will come when we trap traders on the wrong side of the market. Because the easiest targets you’ll ever hit will use stop-losses as fuel. Let me show you how…
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