5 Ways to Trade this Breakout on Wednesday

Markets made some big moves on the charts today — both the Emini and Nasdaq finished the day tumbling lower, and Gold made a strong run higher…

But look closely, and you’ll see the most important clue going into Wednesday — trading ranges, right in the middle of these charts!

Ranges act like magnets, and even though we had strong trends today, those ranges could easily make trouble if you’re caught chasing these moves…

Not to worry – I’ve dealt with situations like these many times before. Here are my top 5 trades for breakouts, failures, and everything in between…

Is this Reversal for Real? What if It’s a Trap?!

Welcome back to the party!

Gold, Emini and Nasdaq all pushed higher into the closing bell this afternoon with enough strength to suggest a bullish reversal may be in the making for Tuesday…

Knowing this – I’d love to buy some pullbacks, but we’re sitting right at the highs of today’s range, which isn’t a very easy place to get long…

So instead of jumping in long, I’m looking to “trap in the bears” so I can use their stops as fuel for the next leg higher – I’ll show you how in tonight’s video…

And you know me – I always have a backup plan. I also see some easy shorts to take lower if these bulls are full of baloney… don’t miss these trades for tomorrow!

Time for a Short Squeeze? 3 Ways to Trade It.

Are You Seeing this Potential Short Squeeze?

You’re right — everything is bearish right now, but we’re sitting at major lows with ranges (magnets) just above us. I can’t think of any better opportunity for the buyers to grab this…

And you know me – I’m always prepared for both directions, so I have some short setups off the highs and bear breakouts on my radar as well…

Friday is only a couple hours away – are you seeing these trades?

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…

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…

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…

Sellers Look Trapped, How Do You Trade It?

Wow, 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!

Love these Trades for Tuesday!

We’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!

Trade the Fed! 6 Ways to Profit on Friday

One 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!

This Trap Pattern is Hard to Resist!

These 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?