Failures & Breakouts (Best Trades for Tuesday)

We’re back to our desks after the Holiday Weekend and we have a busy week ahead of us…

We’re transitioning into a new month of December, we have Jerome Powell testifying on Capitol Hill, and we have a TON of big news on the schedule this week which means there should be plenty of great trading opportunities tomorrow morning…

Speaking of tomorrow, I’m looking to get long the Eminis before we retest last week’s highs, and with Gold and Crude Oil both going sideways, I’ll be focused on failures and breakout patterns on Tuesday morning…

Let me show you where to find the best entries and exits…

Have We Gone Too Far? (Best Setups for Wed.)

We’re headed into the final day of trading before the Thanksgiving Holiday weekend, which means traders will be hunting for the best entry setups before the closing bell tomorrow…

The markets had another strong day today, with big runs on the Eminis, Crude Oil and Gold. It’s tempting to think we’ve gone too far, but not to worry; I can see a bunch of reliable trading opportunities setting up for Wednesday. Let’s get started…

Who Controls This Market? (Why It Matters)

It’s going to be a short week of trading ahead of the Thanksgiving Holiday on Thursday, but that won’t stop us from finding the best opportunities in the limited time we have…

Crude Oil and the Eminis are both range-bound this evening, while Gold is trying to recover after a massive collapse earlier this morning…

The most important question I’m asking ahead of tomorrow’s trading session is… “who controls this market?” The answer tells us exactly where to find the best entry setups on Tuesday. Are you ready? Let’s get started…

Avoid these Traps on OPEX (Friday’s Plan)

We’re headed into Options Expiration (OPEX) tomorrow morning, and with the end of month just around the corner, we’re expecting tomorrow to be a busy day in the markets.

Keep in mind, we’re still seeing a lot of sideways ranges on the charts, which means I’ll be focused on trading failures, breakouts, and avoiding some obvious traps along the way. Are you ready? Here’s my plan…

Trading the 2-Try Reversal (Best Setups for Tues)

We’re back in the action for the 3rd week of November, the last full week of trading before the Thanksgiving Holiday next week, and we have a busy week ahead of us…

Markets didn’t waste any time this morning, spiking higher on news of another COVID Vaccine from Moderna, but failing to close the session at their highs…

This “lack of follow thru”, combined with major resistance levels overhead, and weekend gaps still open below us, I’m going to start looking for sell setups on Tuesday morning…

The challenge is, the momentum is still very bullish, so I’ll have to stay patient and look for entries using the 2-Try Reversal Pattern. Let show you what to look for…

Short the Pops on Friday (Lockdown Trading Plan)

We’re headed into Friday morning, which means our window of opportunity will be smaller, but with new lockdown orders and rumors of more stimulus, it’s starting to look like Friday might be the best trading day of the week!

Best Momentum Plays (Holiday Strategy)

We’re headed into Veteran’s Day Holiday on Wednesday, but with markets open, and people watching at home, I wanted to make sure you know where to find the best opportunities…

The key to trading a “holiday session” is riding momentum. Markets will be a little slower than normal, but we often get a couple nice moves to trade with. Here’s my plan for the holiday…

4 Ways to Trade this Reversal (Tuesday’s Plan)

We’re back in the saddle again today, and with today’s big pop higher, followed by the collapse in the afternoon, I’ll be focused on trading the reversal on Tuesday morning. Here’s the game plan…

Trading a Melt-up Market (Non-Farm Friday’s Plan)

It’s been a busy week, but we’re not finished yet.

Tomorrow is “Non-Farm Friday”, which usually means more volatility and more trading opportunities before we finish up the week…

Emini ES and Crude Oil are both bullish into a range, which means we’ll be looking for failures and breakout patterns.

Gold is officially a “melt-up market” which means I’ll be looking for two powerful trade setups to finish off the week. Are you ready? Let’s get ready for tomorrow…

Trading the Election Chaos (FOMC Trading Plan)

Things are getting interesting this week, aren’t they?

The Presidential Election may have been on Tuesday, but we still don’t know who will be declared the winner. That means more volatility and plenty of opportunities in the markets this week…

And let’s not forget about the FOMC Announcement tomorrow afternoon, because it forces traders to make the most of the morning session, which is sure to be an exciting one. I’m excited for Thursday, here’s my trading plan…