My Favorite Momentum Trades for Thursday

Are you watching these momentum swings on Thursday?

We started the week with range-bound markets, but as we saw today, the bulls are struggling to breakout to new highs…

Knowing this, I have to assume buyers are waiting to reload their positions at lower prices, but the only way we get there is with a deep pullback off the high…

I’d love a deep pullback, but the momentum of the market as it swings off the highs will be extreme, and I want to make sure you know the best entry patterns to capitalize on them. Here’s my game plan for tomorrow…

4 Ways to Trade Wednesday’s Inflation Report

Are you ready for tomorrow’s big inflation report?

We have our first big news report of the week tomorrow morning, and with markets trading sideways inside of ranges, I’ll be watching for failures, breakouts, and reversal patterns to trade with. Here are my four favorites to look for…

Emini ES, Nasdaq, and Gold are all bullish and range-bound this evening, which means I’ll be using those ranges as magnets tomorrow morning. I’ll be buying low, selling high, and focusing on failures around the edges of the range…

Crude Oil, however, is bullish with a V-bottom pattern, and buyers appear to be struggling to push through today’s high. Knowing this, I’ll be looking for reversal patterns to get short off the highs, or breakout patterns if they try a run up to 60.

Are You Watching These Support Levels on Tuesday?

We’re back in the action after Super Bowl Weekend, and the market’s picked-up right where they left off last week; bullish trends and price just keeps climbing higher…

Knowing this, I’m looking for ways to buy pullbacks at support levels, but when I look at the charts tonight, I’m seeing wedges and ranges that tell me to choose wisely…

So before you buy the next pullback, make sure you know where these important support levels are, because this is where I’ll be looking for my entries on Tuesday morning…

3 Hidden Clues Ahead of Non-Farm Payrolls

We’re heading into Non-Farm Payrolls tomorrow morning, the biggest news of the month, and with such big moves in the markets today, I’m looking forward to a busy trading day on Friday…

The markets made BIG moves today, which opens the door for big reversals to finish the week. But not everything is ripe a reversal, because some of these markets have plenty of open space to run…

In fact, I can see a handful of “hidden clues” on the charts tonight, that tell us which markets look ripe for reversals, and which markets we should stick with the trend. Let me show you where to look…

Are You Ready for Thursday’s Breakout?

Another great day comes to an end, but Thursday’s opening bell is just around the corner, and I want to make sure you know where to find the best entries and exits…

Markets are trading inside of ranges again today, which means our focus tomorrow will be trading breakouts and capitalizing on failures. In fact, all three of our favorite markets are ripe for a breakout tomorrow morning, here’s my trading plan…

Best Pullbacks to Watch on Wednesday

We saw some big moves on the charts today which ended up finishing the session going sideways inside of trading-ranges…

Those ranges are an important, because they tell us to look for pullbacks around the edges; buying pullbacks on Eminis and Crude Oil, and selling them on Gold…

And remember, when it comes to trading pullbacks, it all boils down to 2 things; location and momentum, I’ll show you why in tonight’s video…

3 Ways to Short Today’s Bounce (Tuesday’s Plan)

We’re back to our desks once again, and the markets didn’t waste any time getting the month of January started with a strong push higher…

I’m usually looking to buy pullbacks in a bull market like this, but with major levels of resistance above us, and ranges acting like magnets below us, I’m looking for (3) three powerful entry patterns to short this bounce tomorrow morning. Are you with me?

Emini ES is bullish, but a failed close inside last week’s range is a big bearish clue.

Crude Oil is bullish, but a wedge pattern into last week’s high makes me think twice about buying, and Gold is range-bound with a weekend GAP still unfilled, so I’ll be looking to short the pops above the range. Let me show you how…

Do Sellers Have the Perfect Storm on Friday?

Is it just me, or does this look like the perfect storm for sellers?

We have end-of-month volatility, major news to start the session, and the buyers just failed to hold today’s rally. If you’re a seller, you gotta be excited for Friday’s trading session. I’ll show you why in tonight video…

The Eminis are bearish and looking to complete a pendulum swing. Crude Oil is bearish and trying to take out the weekly GAP, and Gold is bearish trying to blow out January’s lows. Let me show you my favorite entry setups…

Look for These Trades on “Reaction” Thursday

What’s the best way to trade the day after FOMC?

The key is patience, because the big moves we saw today will likely either reverse or turn sideways going into Thursday morning, giving us a clear plan of attack…

Remember, professional traders don’t trade these big news events, we trade the “reaction” the following day – that’s where the easy entries are…

The Eminis pushed lower today, and I’d love to trade the crown reversal pattern off today’s low.

Crude Oil was a wild one, but the bulls finished with control, so I’ll be looking to buy long using seller failure patterns. And let’s not forget…

Gold is bearish, but closed above a key support level today, so I’ll be looking for opportunities to trade the snap back to retest the high. Are you ready for tomorrow? Let’s go!

5 Ways to Trade FOMC Wednesday

What’s the best strategy for trading tomorrow’s FOMC Announcement?

With news coming in the afternoon, our focus will be the morning session, and with lots of trading-ranges on the charts tonight, we’ll be looking for failures and breakouts in our trade room tomorrow morning…

I’d love to buy a deep pullback on the Emini ES, short the expanding triangle highs on Gold, and trade the bear breakout to fill the weekend GAP on Crude Oil. Are you ready? Let’s go…