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Monthly Archives: April 2021

Take Advantage of ‘Hidden Traps’ on Friday

Take Advantage of 'Hidden Traps'

The party isn’t over yet – we’re heading into the end of the month tomorrow morning, which means anything is possible…

The markets were wild today, with big moves in both directions, which will have a lot of trading searching for answers on Friday morning…

Their confusion is our opportunity to catch traders on the wrong side of momentum and use their stops as fuel for our trades…

There are lots of hidden traps on the charts tonight, and I want to make sure you’re ready to take advantage of them. Here’s my plan…

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Trading ‘Reaction’ Thursday – Let’s Finish This!

Trading ‘Reaction’ Thursday

We did it! We survived the FOMC Announcement this afternoon, which means tomorrow is “Reaction Thursday”, one of my favorite trading days of the month…

With today’s major news out of the way, and the end-of-month on the horizon, we should see a nice uptick in volatility (and trading opportunities) going into the next couple days. I’m excited for tomorrow morning – here’s my plan of attack…

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Am I Too Early for this Reversal?

Am I Too Early for this Reversal?

We’re back to our desks for the final week of April, and we have a ton of great opportunities setting-up for Tuesday morning…

The Eminis are bullish and trying to push through to new all-time highs –am I crazy to look for a reversal up at these highs?

And how about Gold? Gold has the potential for a major rotation off today’s lows, but I keep wondering – am I too early for this reversal?

Not to worry, I’ll cover everything (including reversals) in tonight’s video…

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Trading Pullbacks & Sideways Ranges

Trading Pullbacks & Sideways Ranges

Wow, what a difference a day makes!

The bulls took control of our favorite markets today with some impressive runs higher, which means I’ll be looking for either deep pullbacks or sideways ranges to structure me entries on Thursday…

The key right now is identifying the best support levels to combine with our entry setups, here are the key levels I’m watching for tomorrow…

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How Do I Trade OPEX Friday? Here’s My Plan.

Trading Opex Friday

We’re headed into OPEX Friday tomorrow, and with such strong runs today, I’ll be looking for either sideways ranges or deep pullbacks to trade tomorrow morning…

I’d love to get a deep pullback off today’s highs so I can look for ways to get long into the stops of the sellers, but I wouldn’t complain if the markets trade sideways either because the strategy is so simple. Here’s my plan no matter what we get…

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Short the Bounces on Thursday

Short the Bounces on Thursday

The markets sold off this afternoon and finished the session right near their lows, which gives the bears control of momentum going into Thursday…

With bears in control, I’ll be looking for ways to “short the bounces” up around key resistance levels I’ve identified on the charts tonight…

The only variable I see for tomorrow are the ranges from earlier today. Ranges act like price-magnets, so I’ll be watching the strength of these bounces to tell me which specific entry setup to use. I’ll show you everything in tonight’s video…

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