September 11, 2018
Perfect Storm Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro
“Keep away from people who try to belittle your ambitions.
Small people always do that, but the really great people make you feel that
you, too, can become great.”
Small people always do that, but the really great people make you feel that
you, too, can become great.”
Crude
Oil is bullish with a strong run higher, and I have my eyes on buying
opportunities using the low of a hidden channel tomorrow morning…
Oil is bullish with a strong run higher, and I have my eyes on buying
opportunities using the low of a hidden channel tomorrow morning…
E-Mini
S&P is bullish with a Spike & Range pattern, telling me to look for
buying opportunities using the ‘2-Try Rule’ with a seller-failure set-up…
S&P is bullish with a Spike & Range pattern, telling me to look for
buying opportunities using the ‘2-Try Rule’ with a seller-failure set-up…
Nasdaq is
bullish, but a “grind-break” on the chart tells me to stay
patient and wait for buying opportunities after a deep pullback…
bullish, but a “grind-break” on the chart tells me to stay
patient and wait for buying opportunities after a deep pullback…
Gold is
bullish with a strong run higher, and my goal is to look for buying
opportunities down around the big round number with a target up at the prior
month close…
bullish with a strong run higher, and my goal is to look for buying
opportunities down around the big round number with a target up at the prior
month close…
Euro is
range-bound so my plan is to fade the breakouts using the ‘2-Try Rule’ tomorrow
morning…
range-bound so my plan is to fade the breakouts using the ‘2-Try Rule’ tomorrow
morning…
We’re headed into a “perfect
storm” over the next three days – with big news on the schedule and literally
a big storm about to hit the East Coast of the United States, we have a TON of trading
opportunities setting up for Wednesday’s
session…
storm” over the next three days – with big news on the schedule and literally
a big storm about to hit the East Coast of the United States, we have a TON of trading
opportunities setting up for Wednesday’s
session…
Crude
Oil Day Trading Strategy
Oil Day Trading Strategy
Crude Oil is bullish with a strong bull
spike, hidden channel, and reversal-line on the chart this evening…
spike, hidden channel, and reversal-line on the chart this evening…
This strong move higher is a big clue,
telling me there will be buyers waiting for the next ‘2-legged pullback’ to
send price right back up to re-test the high…
telling me there will be buyers waiting for the next ‘2-legged pullback’ to
send price right back up to re-test the high…
And the best way to buy a pullback is to use
a reliable support level, such as a reversal-line located at .56 or the low of
this hidden channel drawn off the highs and pinned to the low…
a reliable support level, such as a reversal-line located at .56 or the low of
this hidden channel drawn off the highs and pinned to the low…
It’s also important to remember that any
time we see a market move this far in such a short period of time, the market
almost needs to “catch up” with what happened, often resulting in a range-bound
market the following day…
time we see a market move this far in such a short period of time, the market
almost needs to “catch up” with what happened, often resulting in a range-bound
market the following day…
If that’s what we get, my plan is to find buying
opportunities using the ‘2-Try Rule’ with seller-failure set-ups…
opportunities using the ‘2-Try Rule’ with seller-failure set-ups…
E-Mini
S&P Day Trading Strategy
S&P Day Trading Strategy
E-Mini S&P is bullish with a strong Spike
& Range, measured-move, and reversal-line on the chart this evening…
& Range, measured-move, and reversal-line on the chart this evening…
The strong spike higher is a big clue,
telling me that ANY pullback off the highs will be seen as a buying opportunity…
telling me that ANY pullback off the highs will be seen as a buying opportunity…
And considering the range we see to finish
today’s session – that tells me I should focus on the ‘2-Try Rule’ and buyer-failure
set-ups for the most reliable buying opportunities, and what better place to
look for long trades than off a key reversal-line down at 85.00 tomorrow
morning…
today’s session – that tells me I should focus on the ‘2-Try Rule’ and buyer-failure
set-ups for the most reliable buying opportunities, and what better place to
look for long trades than off a key reversal-line down at 85.00 tomorrow
morning…
E-Mini
Nasdaq Day Trading Strategy
Nasdaq Day Trading Strategy
E-Mini Nasdaq is bullish with a bull
channel, measured-move, hidden channel and reversal-line on the chart this
evening…
channel, measured-move, hidden channel and reversal-line on the chart this
evening…
The bull channel is a big clue because it
has a “grind-break” – telling me that buyers weren’t given any real opportunity
to “buy low”, which is important because…
has a “grind-break” – telling me that buyers weren’t given any real opportunity
to “buy low”, which is important because…
If you look closely you can see the recent pullback
actually missed that reversal-line at 86.75, confirming that buyers are most
likely still waiting for their opportunity to get long on the next pullback,
but the key is to stay patient because…
actually missed that reversal-line at 86.75, confirming that buyers are most
likely still waiting for their opportunity to get long on the next pullback,
but the key is to stay patient because…
The measured-move is acting as resistance,
so I don’t want to chase the move higher – focusing on buying low, or waiting
for a successful breakout-pullback to take price thru the measured-move before
buying pullbacks tomorrow morning…
so I don’t want to chase the move higher – focusing on buying low, or waiting
for a successful breakout-pullback to take price thru the measured-move before
buying pullbacks tomorrow morning…
Gold
Day Trading Strategy
Day Trading Strategy
Gold is bullish with a strong bull run, bull
channel, and round number on the chart this evening…
channel, and round number on the chart this evening…
The strong bull run is the biggest clue,
telling me to look for buying opportunities using a ‘2-legged pullback’ at support
levels below…
telling me to look for buying opportunities using a ‘2-legged pullback’ at support
levels below…
And I have my eyes on a key support level,
just above the 1200 round number with a target going up to the prior month
close (which has been a “sticky” area over the past few weeks)…
just above the 1200 round number with a target going up to the prior month
close (which has been a “sticky” area over the past few weeks)…
Euro
Day Trading Strategy
Day Trading Strategy
Euro is going sideways with a trading-range
and triangle on the chart this evening…
and triangle on the chart this evening…
The range is the big clue, but in all
reality, the lack of any other structure is what tells us this is a range…
reality, the lack of any other structure is what tells us this is a range…
And any time I have a range, my plan is to fade
the breakouts – buying low, selling high, avoiding the middle, and using the ‘2-Try
Rule’ with failure set-ups tomorrow morning…
the breakouts – buying low, selling high, avoiding the middle, and using the ‘2-Try
Rule’ with failure set-ups tomorrow morning…
===========================================================
Learn the Strategy & Join the Trade Room;
Click here to register for the
Free Trial
Click here to register for the
Free Trial
