Do Sellers Have the Perfect Storm on Friday?

Is it just me, or does this look like the perfect storm for sellers?

We have end-of-month volatility, major news to start the session, and the buyers just failed to hold today’s rally. If you’re a seller, you gotta be excited for Friday’s trading session. I’ll show you why in tonight video…

The Eminis are bearish and looking to complete a pendulum swing. Crude Oil is bearish and trying to take out the weekly GAP, and Gold is bearish trying to blow out January’s lows. Let me show you my favorite entry setups…

Look for These Trades on “Reaction” Thursday

What’s the best way to trade the day after FOMC?

The key is patience, because the big moves we saw today will likely either reverse or turn sideways going into Thursday morning, giving us a clear plan of attack…

Remember, professional traders don’t trade these big news events, we trade the “reaction” the following day – that’s where the easy entries are…

The Eminis pushed lower today, and I’d love to trade the crown reversal pattern off today’s low.

Crude Oil was a wild one, but the bulls finished with control, so I’ll be looking to buy long using seller failure patterns. And let’s not forget…

Gold is bearish, but closed above a key support level today, so I’ll be looking for opportunities to trade the snap back to retest the high. Are you ready for tomorrow? Let’s go!

5 Ways to Trade FOMC Wednesday

What’s the best strategy for trading tomorrow’s FOMC Announcement?

With news coming in the afternoon, our focus will be the morning session, and with lots of trading-ranges on the charts tonight, we’ll be looking for failures and breakouts in our trade room tomorrow morning…

I’d love to buy a deep pullback on the Emini ES, short the expanding triangle highs on Gold, and trade the bear breakout to fill the weekend GAP on Crude Oil. Are you ready? Let’s go…

Four Fake-Out Breakouts to Trade on Tuesday

Where’s my favorite entry setup for Tuesday?

We have ranges everywhere on the charts tonight, which means the best entries (and exits) will most likely be around the “edges” of today’s trading-range…

Where should you look? Focus on major support/resistance levels just outside the range, and whatever you do, don’t fall the fake-out breakout!

Are You Watching These Ranges for Tomorrow?

We’re seeing lots of range-bound markets on the charts tonight, which makes our trading plan simple for Friday; we’re looking for failures and breakouts…

The Emini still hasn’t given us that deep pullback we’re all waiting for, Crude Oil sellers have a big “rotation” problem, and Gold looks ready for another bull breakout. My charts are prepped and ready for tomorrow. Are yours?

Before You Buy Tomorrow – Watch These Levels

It was a wild day in the markets today…

Eminis and Gold were bullish all day, riding high on anticipation of more stimulus coming from a new President in the US.

Crude Oil, on the other hand, failed to retest the weekly highs and rolled-over for a strong reversal for the bears…

There are lots of reliable setups coming tomorrow…

I’d love to buy a deep pullback down around 3824 on the Emini, but I’ll need to stay patient so I don’t get caught by the bears…

I’m waiting for confirmation on Gold to see if this is a spike & channel or a range, then I’ll know exactly where to look for the entry, and which setup to use…

And for Crude Oil, this 123-Reversal off the today’s high tells me to short the pops on the way back down to the range from earlier this week. The only question is, how strong will they be?

I’ll show you all the details in tonight’s video. Are you ready for tomorrow? Let’s go!

Can Buyers Survive the “Snap Back” on Wed?

We’re back to our desks after the Holiday, and with some big moves on Monday, followed by ranges on Tuesday, it’s easy to see excellent opportunities on the charts tomorrow morning…

Why do I say that? Because any time we have a holiday on Monday, but the markets are still open, we often see what we call the “snap back” at some point later in the week…

Why is this important? Because when you combine the “snap back” with today’s bullish ranges, it tells us exactly where to find the best entries (and exits) on Wednesday.

Are you ready for tomorrow?
Let me show you my plan…

Trade OPEX Like the Pros; Best Entries for Friday

We’re heading into OPEX Friday tomorrow morning which means our window of trading opportunities will be smaller, and we’ll need to stay patient for the best entries…

Speaking of entries, we’re still using the same trading-ranges from earlier in the week, and our plan will remain the same; sell above the range with buyer failures and buy below the range with seller failures, adjusting our entry setups based on momentum and location…

The only real wild-card for tomorrow is this pending COVID Relief Plan, which is expected to be announced sometime this evening, which may send shockwaves through these markets overnight…

But not to worry, I have the charts prepped and the plan is ready no matter what they throw at us going into OPEX. Are you with me? Let’s get started, I’m excited to finish the week with a bang!

Keep Shortin’ the Pops on Thursday (Look Here!)

We’re heading into the biggest news of the week on Thursday morning, and with our favorite markets beginning their collapse off today’s high, I’ll be looking for opportunities to ride this momentum back down to weekly lows tomorrow morning…

Our biggest challenge is to avoid chasing the market lower tomorrow morning. I’ll be staying patient, waiting for my chance to short the pops around key resistance levels overhead. Are you ready? Here’s my plan for Thursday…

My Favorite Reversal Patterns (Wed. Trade Plan)

We’re getting prepped for Wednesday’s trading session, and I’m seeing a lot of ranges on the charts tonight, which tell me to look for support/resistance levels just outside the range and focus on reversal patterns to buy low and sell high…

Crude Oil is bullish and trading into multiple resistance levels overhead. We have a range below us acting as a magnet so I’ll be looking for a bearish reversal pattern to get short…

Emini ES is bullish and looking for a pendulum swing up to weekly highs. If the bulls can finish the job, I’ll be excited to get short off the highs with one of my favorite crown reversal patterns…

Gold is bullish too, but we’re sitting on top of the weekly range, will acts like a magnet, and I’d like to look for a bearish reversal pattern at a key measured-move resistance just overhead…