Which Open Loop Closes First? Bulls or Bears?

We’re back to our desks for the second week of January, and with lots of stimulus talk on the news feeds, combined with those big open-loop moves we saw last Friday, there is a ton of opportunity baked-into these markets this week…

The Emini has a pair of open-loops both above and below last week’s trading-range, which means both buyers and sellers should see great opportunities around the edges of the range…

Gold may be bearish in the long-term, but this morning’s “rotation off the low” is a massive clue for the bulls going into Tuesday, and Crude Oil still has the open-loop left wide open from last Friday’s remarkable run higher…

My biggest question is – who’s open-loop will get closed first? Here’s my plan…

3 Pullbacks to Watch on Non-Farm Friday

Hope you’re having a great first week of the New Year!

Tomorrow is Non-Farm Friday, which means we have the biggest news of the month being released just before the opening bell, along with a smaller window of opportunity to find the best setups…

The Emini and Crude Oil are both bullish, so I’ll be looking to get long at support levels using failure patterns below today’s ranges…

On the other hand, Gold is bearish so I’ll be selling short at resistance levels above the range with bull traps. Are you ready? Let’s get started…

Dont forget – the overnight session is often slow and sloppy ahead of Friday’s big NFP report, so dont push it! I’ll see you in the trade room and we’ll do it together tomorrow morning!

Watch These Levels Tomorrow. Look for Traps!

Thursday is shaping-up to be a very busy day in the markets…

We have two major news catalysts to watch, I’d love to short the highs on the Eminis, Crude Oil failed to complete the pendulum swing, and Gold has a measured-move “overshoot” that tells us exactly where to find the best entry. Are you ready? Let’s go…

Can Buyers Hold This Rally? Trading Top-Heavy Markets

Markets are bullish going into Wednesday’s trading session, but there are lots of reasons to be careful buying the highs of today’s rally…

What’s the best way to trade these top-heavy markets? The key is to anticipate where the buyers will be looking for entries, and get short into their stop-losses. I’ll show you how in tonight’s video. Are you ready?

Best Place to Get Short on Tuesday

We’re back to our desks after the Holiday break, and with big moves on the charts today, combined with big news on the schedule tomorrow, Tuesday is shaping up to be one of the best trading days of the week…

Looking at charts, I have a handful of reliable setups on my radar for tomorrow. Emini sellers would love another leg lower, Crude Oil bears need to show us proof before we can get short, and Gold buyers are waiting patiently for a deep pullback off the highs. Are you ready?