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Monthly Archives: October 2021
October 7, 2021
6 Best Momentum Trades for Non-Farm Payrolls
6 Best Momentum Trades for Non-Farm Payrolls
Tomorrow’s the day — Non-Farm Friday!
We’ve been waiting all week for tomorrow’s NFP Report, and if it’s anything like last month’s report, we should have quite the busy Friday morning…
Momentum is the key to success going into tomorrow morning…
Momentum just turned back for the bears on the Emini and Nasdaq, setting-up for some beautiful traps and failures off a new major channel…
There’s ZERO momentum on Gold right now — so we’re gonna “fade the breakouts” at some obvious support and resistance levels above and below us…
If you’re not excited about NFP-Friday, you need to watch tonight’s video…
Continue reading October 5, 2021
5 Mistakes to Avoid on Wednesday
Lots of ‘traps’ on these charts tonight; don’t let them fool you…
We had another busy day in the markets today – both the Emini and Nasdaq had major reversals and appear to be setting up for another leg higher, and…
Gold continues to rotate beautifully back and forth inside a weekly range, with buyers gearing-up for another leg higher to complete the rotation…
The plan is simple – we’re looking to “trade the rotation” on all (3) three of these markets, and I describe all my favorite setups in tonight’s video…
But I have to warn you – it’s easy to see a handful of traps you’ll want to avoid on Wednesday. Avoid these mistakes before they take back your gains…
Continue reading October 4, 2021
Too Early for a Reversal? 3 Ways to Trade It on Tuesday
Welcome back to the action, this time for the first week of October…
First week of the month is usually pretty exciting, and we didn’t waste any time getting started with big moves lower on the Eminis and a big pop higher on Gold…
The Eminis are both bearish, and I’d like to short resistance levels above today’s range. But look closely – there’s a support trend-line coming up below us, which has me thinking – is it too early to start looking for a reversal?
Gold is in a similar situation, but we’re bullish – I’ll be looking for longs off support levels below the range, but with last week’s range still lingering below us, I’d be a fool to ignore the possibility of a reversal going lower…
How do we buy it? Sell it? Trade the reversals? I’ll cover all the details in tonight’s video.
Continue reading