Archive
Monthly Archives: June 2021
June 10, 2021
4 Favorite Trades for Friday
Where’s the Best Trade for Friday?
Buyers took control of momentum after this morning’s inflation report, which means I’ll be looking for ways to get long off support levels tomorrow morning…
But we’re also trading at major highs, so I won’t be afraid to get short if I see signs of exhaustion. Exhaustion? Let me show you my favorites for Friday…
Continue reading June 9, 2021
Trade the Drop! (Or the News Pop?!)
Will we finally get the drop we’ve been waiting for tomorrow?
With markets “rotating” off the high of weekly ranges, sellers are looking for ways to get short into this drop back to weekly lows…
But with BIG inflation news on the schedule tomorrow, we might see another one of those “bad news is good news” pops instead…
Not to worry – I’ll make sure you’re covered in both directions; selling the drop, or trading the news reaction pop! Let’s get started…
Continue reading June 8, 2021
Which is Better? Breakouts or Reversals?
Love these ranges we’re seeing this week!
Ranges act like magnets, and all (3) of our favorite markets have ranges right in the middle of their charts tonight…
That makes our job easy for tomorrow; we’re focused on reversals back and forth off the highs and lows, keeping our eyes open for breakout opportunities…
Breakout opportunities? Reversals? Let me show you where to look and how to trigger the best entries. I got you covered in tonight’s video.
Continue reading June 7, 2021
How Do I Trade these ‘Melt-Up’ Markets?
How Do I Trade these “Melt-Up” Markets?
Markets are bullish going into Tuesday’s trading session, and with big inflation news on the schedule, combined with easy magnets back at major highs, it’s easy to see these markets “melting higher” on Tuesday morning…
“Melt-Up markets” can be challenging because we need to get aggressive, but it’s worth the effort because the targets can be HUGE!
Emini ES, Nasdaq and Gold have potential – make sure you watch tonight’s video.
Continue reading June 3, 2021
Ready for Non-Farm Payrolls? Don’t get short until you watch!
We’re heading into Friday’s Non-Farm Payroll report, and with such a massive move down today, it’s easy to assume we should be selling short tomorrow as well…
But look closely at the charts – the way we finished today’s session makes it hard for the bears to find another good entry tomorrow morning…
Yes, we’re still very bearish, but I’d LOVE to catch the sellers trying to force it lower and use their stops to trigger a short-squeeze running higher…
Continue reading June 2, 2021
3 Ways to ‘Trade the Turn’ on Thursday
Tomorrow could be the best trading day of the week!
Why? Because we have range-bound markets and BIG inflation news on the schedule. The perfect recipe for big moves and opportunities…
With all the ranges we’re seeing on these charts tonight, I’ll be looking for ways to “trade the turn” off the edges tomorrow morning…
And let’s not forget – with inflation news on the schedule, I’ll be looking for opportunities to trade breakouts as well. Don’t miss these trades tomorrow…
Continue reading June 1, 2021
Can I Short this Pullback? (Re-Balancing Strategy)
Back to work after the Holiday!
After a wild start to the week, markets “re-balanced” after Monday’s Holiday session, and finished the day with bears firmly in control…
With all this bearish momentum, I’d love to sell the bounces going lower tomorrow morning, but there’s something not quite right…
The Emini ES is pretty easy, but the Nasdaq and Gold both look like they may have some tricks up their sleeves going into Wednesday. Let me show you why…
Continue reading