You smell that? Smells like a trap!!
Markets made big moves higher today, which means big opportunity for “traps” on Thursday…
In fact, these (3) traps could be the biggest trades of the week!!
Emini and Nasdaq are bullish with a strong run higher, but look where we are, back to the high of the range we spoke about last night!
Crude Oil is bullish with a strong “hurricane” run higher – I’m definitely looking for pullbacks, but don’t be surprised if we get this “double-top reversal!”
Continue readingOMG, are you seeing these ranges?
Markets are trading inside multiple ranges this week, telling us to “trade the rotation” back and forth…
But let’s hope for a breakout, because these ‘fake-out breakouts’ could be the easiest money you make all week!
Emini and Nasdaq are rotating between two ranges right now, so my goal is to trade the rotation, but keep an eye open for one of these four breakout patterns too!
Crude Oil is bullish into a range, but with buyers failing their breakout higher, it looks like sellers will look for another leg lower! Hurricane? What hurricane?!
Continue readingBack to work – big week ahead!
Everything’s bearish going into Tuesday, but with price sitting on major lows, the key will be “selling the bounces”…
But not just any bounce… keep these (2) areas on your radar because they’re ripe for bull traps tomorrow morning!
Emini and Nasdaq are bearish, but sitting on major support – I’d love to short a breakout, but I’ll be waiting for these “bull traps” on the next bounce!
Crude Oil is bearish with a “pop and grind” running lower, telling us this “hidden channel” is the perfect place for another round of selling tomorrow!
Continue reading*Reaction* Thursday – Let’s do this!!
With FOMC behind us, and professionals back to work tomorrow, we have plenty of trading opportunities to choose from…
Markets made a strong run lower this afternoon, so pullbacks are on our radar – but the ONE TRADE I’m praying for is this FOMC SQUEEZE!!
Emini and Nasdaq are bearish at the lows of a weekly range – I’m certainly looking for pullbacks, but I’d rather grab this “short squeeze” reversal instead!
Crude Oil is bearish into a range – I’m open to a breakout going lower, but this “slingshot reversal” will be incredible if it fails!!
Continue readingOh boy – FOMC, here we go!!
Markets are range-bound ahead of the big rate announcement tomorrow afternoon, with both sides looking for a breakout…
FOMC is notorious for “head fakes”, and this one could be the biggest trade of the week!!
Emini and Nasdaq are bearish into a range – buyers are looking for a pendulum-swing going higher, and I hope they get, because it smells like a trap!
Crude Oil is bearish into a range – I’m looking for shorts off resistance just above it, but the best trades is this head fake off the lows!!
Continue readingBack to work – you ready for Tomorrow?
Everyone’s looking for a couple good trades before FOMC on Wednesday, and this *Pullback into Reversal* combination could be the easiest trade of the week!
Emini and Nasdaq are bullish with a strong spike higher – hopefully sellers get short into this move, because their stops will make the perfect fuel for another leg higher!
Crude Oil is bullish with trying to complete a ‘pendulum-swing’ off last Friday’s range, and this “pop and grind” channel gives us the perfect entry!
Continue readingOne day left – let’s make it count!!
Markets are bearish and filled with ‘traps’ going into Quad Witching…
But not to worry – there’s one *Quad Witching Trap* that could make your entire week – you’ll regret missing this one!!
Emini and Nasdaq are bearish, telling us that sellers will be looking to “short the bounces” tomorrow morning. But careful, it’s easy to see ‘traps’ on these charts!
Crude Oil is bearish too – keep an eye on this trend-line because it’s gonna be your best friend tomorrow morning!!
Continue readingBig day tomorrow – you ready!?
Markets are range-bound with lots of bullish momentum coming off today’s low…
Everyone assumes sellers are waiting at today’s high – but watch out, because this *slingshot reversal* might shock everyone tomorrow!!
Emini and Nasdaq are both bearish into a range, but this “rotation off the low” gives buyers a HUGE opportunity for an easy rally higher!
Crude Oil is bullish into a range, telling us to look for bull breakouts, or even better, a bull reversal off today’s low!
Continue readingOh boy, here we go again!!
Bears are back in control with a BIG move down today, telling us to look for (3) possible pullback entries tomorrow – my favorite is this “bull trap” pullback!
Emini and Nasdaq both made large moves lower today, telling us the best setups tomorrow will be “trapping in the bulls” for another leg lower.
Crude Oil is bullish with price rotating up off today’s low. I’d love to grab a bear trap on the next pullback, but I’ll settle for one of these breakouts higher!
Continue readingBack to work, you ready for CPI tomorrow?
I hope so, because tomorrow’s inflation report could be some of the best trading we get all week… especially my favorite, this *CPI Squeeze*!!
Emini and Nasdaq are bullish and looking for a breakout higher – I have (3) breakout patterns on my radar, but I hope we get this bear trap instead!
Crude Oil is bullish in a range – I’d love to grab a breakout higher, but this head-fake into short squeeze would be a much better trade!!
Continue reading