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Monthly Archives: September 2021
September 8, 2021
Trading a Head Fake – Don’t Let This Fool You!
Heading into Thursday’s trading session, we have a bunch of potential “head fakes” on the charts tonight…
How? We began the day with strong moves lower, but the afternoon session saw prices rise higher with higher-highs and higher-lows. Don’t let those fool you…
Sellers still have control of this momentum, so I’m hoping we see buyers think these “head fakes” are legit so we can sell into their stops for another leg lower…
Where’s the best entry? What if it still goes higher? Not to worry, I’ll cover all the details in tonight’s video. Let’s get started…
Continue reading September 7, 2021
Will this Trade Work on Wednesday?
We’re back in the action after the Holiday break and the markets didn’t waste any time kicking off the Fall Trading Season with some big moves today…
The Emini and Gold both had strong runs lower into trading-ranges, so we’re “trading the rotation” while looking for breakouts and reversals on Wednesday…
Nasdaq is the outlier of the group, rotating back and forth inside a wide range; but a recent spike higher for the bulls gives the buyers an awesome opportunity for another leg higher… Can they get it done? Will the breakout trade work?
If you’re trading on Wednesday, you better watch tonight’s video…
Continue reading September 2, 2021
Trading Reversals & Breakouts on Non-Farm Payrolls
Are you ready for Non-Farm Payrolls?
I hope so! Tomorrow is the last day of the summer season, and what better way to finish it off than with the biggest news of the month, Non-Farm Payrolls!
Looking at the charts tonight, you can tell there’s major news on the horizon because we have a bunch of sideways ranges acting like magnets…
I love ranges because the plan is so simple — Buy low, sell high, focus on failures and trade the rotation! Keep these trades on your radar for tomorrow…
Continue reading