Archive
Monthly Archives: October 2020
Monthly Archives: October 2020
We’re headed into the end of the week and the end of month tomorrow morning, which means increased volatility and a smaller window of opportunity for the best setups…
It’s been a busy week for the bears, and it’s tempting to think all the best shorts have been taken, but it’s not too late to find reliable sell setups on Friday morning if you know where to find them. Let me show you…
Continue readingIt was a bloodbath in the markets today, with all major sectors crashing lower after new lockdowns were announced in parts of Europe early in the US session…
After the dust settled, markets began trading sideways, and those ranges tell us exactly where to find the most reliable entries tomorrow morning…
But not so fast – those ranges also tell us momentum will play a key role in our choice of entry patterns, so make sure you watch this before you get short…
Continue readingMarkets are on the move this evening; sellers are trying to retest major lows on Crude Oil and the Eminis while Gold is pushing up into the highs of the weekly range…
I’m looking for shorts across all three markets tomorrow, but with major support levels just below us, I’ll be picking my spots wisely with some last-minute entry patterns. Are you ready for Wednesday?
Continue readingMarkets took a tumble lower today after seeing another record-high number of new COVID cases over the weekend, along with the lack of any progress on a stimulus deal here in the US…
The most important clue, however, is that we’re seeing range-bound markets going into Tuesday morning, which means we’re focused on trading failures and breakout patterns.
There are some tricky situations going into the opening bell tomorrow so make sure you follow my 3 rules for trading success, let’s get started…
Continue readingMarkets appear bullish going into Friday’s trading session, but look closely and you’ll see quite a few reasons to stick with the short side to finish the week…
Emini ES is trading at the high of the weekly range, Crude Oil screams of exhaustion and the bounce on Gold appears to be nothing more than a bear flag…
There’s only one problem. Momentum. With the bulls in short-term control, I’ll need to stay patient for the best failure patterns to trigger the entries. Here’s my plan…
Continue readingWe’re headed into what could be the biggest news day of the week tomorrow morning, and with everyone waiting on the next stimulus deal announcement, I’ve been busy getting myself ready for all possible outcomes…
Gold and the Eminis are both range-bound, so I’ll be focused on failures and breakouts, while Crude Oil is just begging for bull traps tomorrow morning. Are you ready? Let’s take a look…
Continue readingMarkets seem to be treading water this week ahead of another possible stimulus deal in the US, which means we have range-bound markets to trade on Wednesday…
Knowing this, I’ll be looking to short the pops above today’s ranges with buyer failure patterns and bull traps. Are you ready for tomorrow, here’s my plan…
Continue readingWe’re back to our desks for another big week of trading, and with big moves on the charts this afternoon we’re looking forward to big opportunities in Tuesday’s trading session…
Crude Oil and Gold are both range-bound this evening, which means we’ll be looking for failures and breakouts tomorrow morning, and after a big collapse on the Emini ES, I’ll be looking to short the pops or get long into a reversal. Are you ready for tomorrow? Let me show you my plan…
Continue readingToday’s session may have started bearish, but whispers of a new stimulus deal quickly gave us a 123-Reversal pattern and sent the markets running higher into the close…
The 123-Reversal pattern is the big clue because it tells us exactly where to plan the best pullback entries in Friday’s trading session. Let me show you how to capitalize on them…
Continue readingWe only have two days before options expire (OPEX) on Friday, which means volatility levels will increase along with trading opportunities on our favorite futures markets.
Today’s markets all finished with trading-ranges, which means we’re looking for failures and breakouts on Thursday morning. Are you ready?
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