Four Fake-Out Breakouts to Trade on Tuesday

Where’s my favorite entry setup for Tuesday?

We have ranges everywhere on the charts tonight, which means the best entries (and exits) will most likely be around the “edges” of today’s trading-range…

Where should you look? Focus on major support/resistance levels just outside the range, and whatever you do, don’t fall the fake-out breakout!

Are You Watching These Ranges for Tomorrow?

We’re seeing lots of range-bound markets on the charts tonight, which makes our trading plan simple for Friday; we’re looking for failures and breakouts…

The Emini still hasn’t given us that deep pullback we’re all waiting for, Crude Oil sellers have a big “rotation” problem, and Gold looks ready for another bull breakout. My charts are prepped and ready for tomorrow. Are yours?

Before You Buy Tomorrow – Watch These Levels

It was a wild day in the markets today…

Eminis and Gold were bullish all day, riding high on anticipation of more stimulus coming from a new President in the US.

Crude Oil, on the other hand, failed to retest the weekly highs and rolled-over for a strong reversal for the bears…

There are lots of reliable setups coming tomorrow…

I’d love to buy a deep pullback down around 3824 on the Emini, but I’ll need to stay patient so I don’t get caught by the bears…

I’m waiting for confirmation on Gold to see if this is a spike & channel or a range, then I’ll know exactly where to look for the entry, and which setup to use…

And for Crude Oil, this 123-Reversal off the today’s high tells me to short the pops on the way back down to the range from earlier this week. The only question is, how strong will they be?

I’ll show you all the details in tonight’s video. Are you ready for tomorrow? Let’s go!

Can Buyers Survive the “Snap Back” on Wed?

We’re back to our desks after the Holiday, and with some big moves on Monday, followed by ranges on Tuesday, it’s easy to see excellent opportunities on the charts tomorrow morning…

Why do I say that? Because any time we have a holiday on Monday, but the markets are still open, we often see what we call the “snap back” at some point later in the week…

Why is this important? Because when you combine the “snap back” with today’s bullish ranges, it tells us exactly where to find the best entries (and exits) on Wednesday.

Are you ready for tomorrow?
Let me show you my plan…

Trade OPEX Like the Pros; Best Entries for Friday

We’re heading into OPEX Friday tomorrow morning which means our window of trading opportunities will be smaller, and we’ll need to stay patient for the best entries…

Speaking of entries, we’re still using the same trading-ranges from earlier in the week, and our plan will remain the same; sell above the range with buyer failures and buy below the range with seller failures, adjusting our entry setups based on momentum and location…

The only real wild-card for tomorrow is this pending COVID Relief Plan, which is expected to be announced sometime this evening, which may send shockwaves through these markets overnight…

But not to worry, I have the charts prepped and the plan is ready no matter what they throw at us going into OPEX. Are you with me? Let’s get started, I’m excited to finish the week with a bang!

Keep Shortin’ the Pops on Thursday (Look Here!)

We’re heading into the biggest news of the week on Thursday morning, and with our favorite markets beginning their collapse off today’s high, I’ll be looking for opportunities to ride this momentum back down to weekly lows tomorrow morning…

Our biggest challenge is to avoid chasing the market lower tomorrow morning. I’ll be staying patient, waiting for my chance to short the pops around key resistance levels overhead. Are you ready? Here’s my plan for Thursday…

My Favorite Reversal Patterns (Wed. Trade Plan)

We’re getting prepped for Wednesday’s trading session, and I’m seeing a lot of ranges on the charts tonight, which tell me to look for support/resistance levels just outside the range and focus on reversal patterns to buy low and sell high…

Crude Oil is bullish and trading into multiple resistance levels overhead. We have a range below us acting as a magnet so I’ll be looking for a bearish reversal pattern to get short…

Emini ES is bullish and looking for a pendulum swing up to weekly highs. If the bulls can finish the job, I’ll be excited to get short off the highs with one of my favorite crown reversal patterns…

Gold is bullish too, but we’re sitting on top of the weekly range, will acts like a magnet, and I’d like to look for a bearish reversal pattern at a key measured-move resistance just overhead…

Which Open Loop Closes First? Bulls or Bears?

We’re back to our desks for the second week of January, and with lots of stimulus talk on the news feeds, combined with those big open-loop moves we saw last Friday, there is a ton of opportunity baked-into these markets this week…

The Emini has a pair of open-loops both above and below last week’s trading-range, which means both buyers and sellers should see great opportunities around the edges of the range…

Gold may be bearish in the long-term, but this morning’s “rotation off the low” is a massive clue for the bulls going into Tuesday, and Crude Oil still has the open-loop left wide open from last Friday’s remarkable run higher…

My biggest question is – who’s open-loop will get closed first? Here’s my plan…

3 Pullbacks to Watch on Non-Farm Friday

Hope you’re having a great first week of the New Year!

Tomorrow is Non-Farm Friday, which means we have the biggest news of the month being released just before the opening bell, along with a smaller window of opportunity to find the best setups…

The Emini and Crude Oil are both bullish, so I’ll be looking to get long at support levels using failure patterns below today’s ranges…

On the other hand, Gold is bearish so I’ll be selling short at resistance levels above the range with bull traps. Are you ready? Let’s get started…

Dont forget – the overnight session is often slow and sloppy ahead of Friday’s big NFP report, so dont push it! I’ll see you in the trade room and we’ll do it together tomorrow morning!

Watch These Levels Tomorrow. Look for Traps!

Thursday is shaping-up to be a very busy day in the markets…

We have two major news catalysts to watch, I’d love to short the highs on the Eminis, Crude Oil failed to complete the pendulum swing, and Gold has a measured-move “overshoot” that tells us exactly where to find the best entry. Are you ready? Let’s go…