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 readingWe’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 readingAre 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 readingWow, what a different an hour can make!
Sellers took control of the Eminis and Gold to start the session today, but after failing to hold the lows, the bears look trapped with buyers ready to capitalize!
What’s the best way to trade this potential snap higher?
It all boils down to two trades; breakouts and pullbacks. No matter which market you’re trading on Wednesday, keep these trades on your radar!
Continue readingWe’re back to our desks for the last couple days of Summer, and I have some awesome trades on my radar…
The Eminis both made strong runs higher into ranges today, which means I’m looking to “trade the rotation” with failures, breakouts, and reversals tomorrow morning…
What about Gold? Gold is bearish and “grinding” lower, which means I’m looking for shorts off the high of a hidden channel overhead. But let’s not forget…
Gold made that strong spike higher last Friday, reminding us that buyers will be looking for another leg higher. I’ll be watching for signs of seller failure, and if so, will get aggressive with traps getting in for another leg higher…
It should be another great day in the markets tomorrow. Here are my favorite trades to help you finish the summer in the green!
Continue readingOne more day left this week, let’s make it count!
With some “fresh blood” in the markets after today’s big drop, and the Fed Speaker scheduled for mid-morning, I’m excited to finish the week with some more big moves tomorrow morning…
Everything looks great for the short-side tonight; both the Eminis are bearish into ranges, and even though Gold has a recent spike higher, we’re sitting in the PERFECT place to get short back to the lows…
Remember – Friday’s have a little different personality and overall gameplan, so make sure you watch tonight’s video. The plan is set and ready, all I need is you!
Continue readingThese charts look great for tomorrow!
If you know my style – you know how much I love range-bound markets, which is why I’m so excited for tomorrow morning…
All three of our favorite markets are range-bound right now, and all three of them look great for some buying opportunities on Thursday…
The Emini and Nasdaq both look great for pullbacks and breakouts, but Gold has a trap setup that’s nearly impossible to resist. Are you seeing it too?
Continue readingI’m excited for tomorrow, you should be too!
Just as expected – yesterday’s strong run higher led to narrow ranges today – and narrow ranges tell us to look for breakouts and reversals tomorrow morning…
Why? Because anytime price stays trapped inside a tight range for this long, it’s only a matter of time before we see an explosive move in one direction…
Which direction will be? It doesn’t really matter because I’ll make sure you’re ready for everything – but if I had it my way tomorrow, it would be a Slingshot Reversal for sure!
Continue readingHere we go again – back for the final full week of August!
Bulls wasted no time taking control of these markets today, finishing the session at fresh highs, and giving buyers every reason to be looking for pullback entries on Tuesday…
But where’s the best place to buy the next pullback? Can I get aggress? Do I need to wait for a deep pullback? How deep?
And what if price turns sideways or runs higher overnight? Do I chase it?
Not to worry, I have the roadmap ready for you – here’s my plan, don’t miss these setups on Tuesday!
Continue readingThat escalated quickly, wow!
Sellers took control on the Eminis today with another strong leg lower, giving us (4) four easy trade setups to watch for tomorrow…
Gold is bearish too, and I have my eyes on (2) key resistance levels to look for the next round of selling… Are you seeing these trades too?