Category Archives for "Nightly Newsletter"

November 23, 2020

Who Controls This Market? (Why It Matters)

Who Controls This Market?

It’s going to be a short week of trading ahead of the Thanksgiving Holiday on Thursday, but that won’t stop us from finding the best opportunities in the limited time we have…

Crude Oil and the Eminis are both range-bound this evening, while Gold is trying to recover after a massive collapse earlier this morning…

The most important question I’m asking ahead of tomorrow’s trading session is… “who controls this market?” The answer tells us exactly where to find the best entry setups on Tuesday. Are you ready? Let’s get started…

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November 19, 2020

Avoid these Traps on OPEX (Friday’s Plan)

Avoid these Traps on OPEX

We’re headed into Options Expiration (OPEX) tomorrow morning, and with the end of month just around the corner, we’re expecting tomorrow to be a busy day in the markets.

Keep in mind, we’re still seeing a lot of sideways ranges on the charts, which means I’ll be focused on trading failures, breakouts, and avoiding some obvious traps along the way. Are you ready? Here’s my plan…

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November 16, 2020

Trading the 2-Try Reversal (Best Setups for Tues)

Trading the 2-Try Reversal Pattern

We’re back in the action for the 3rd week of November, the last full week of trading before the Thanksgiving Holiday next week, and we have a busy week ahead of us…

Markets didn’t waste any time this morning, spiking higher on news of another COVID Vaccine from Moderna, but failing to close the session at their highs…

This “lack of follow thru”, combined with major resistance levels overhead, and weekend gaps still open below us, I’m going to start looking for sell setups on Tuesday morning…

The challenge is, the momentum is still very bullish, so I’ll have to stay patient and look for entries using the 2-Try Reversal Pattern. Let show you what to look for…

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November 10, 2020

Best Momentum Plays (Holiday Strategy)

Best Momentum Plays for Wednesday (Holiday Strategy)

We’re headed into Veteran’s Day Holiday on Wednesday, but with markets open, and people watching at home, I wanted to make sure you know where to find the best opportunities…

The key to trading a “holiday session” is riding momentum. Markets will be a little slower than normal, but we often get a couple nice moves to trade with. Here’s my plan for the holiday…

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November 5, 2020

Trading a Melt-up Market (Non-Farm Friday’s Plan)

Trading a Melt-up Market (Non-Farm Friday's Plan)

It’s been a busy week, but we’re not finished yet.

Tomorrow is “Non-Farm Friday”, which usually means more volatility and more trading opportunities before we finish up the week…

Emini ES and Crude Oil are both bullish into a range, which means we’ll be looking for failures and breakout patterns.

Gold is officially a “melt-up market” which means I’ll be looking for two powerful trade setups to finish off the week. Are you ready? Let’s get ready for tomorrow…

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November 4, 2020

Trading the Election Chaos (FOMC Trading Plan)

Trading the Election Chaos (FOMC Trading Plan)

Things are getting interesting this week, aren’t they?

The Presidential Election may have been on Tuesday, but we still don’t know who will be declared the winner. That means more volatility and plenty of opportunities in the markets this week…

And let’s not forget about the FOMC Announcement tomorrow afternoon, because it forces traders to make the most of the morning session, which is sure to be an exciting one. I’m excited for Thursday, here’s my trading plan…

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November 3, 2020

Breakouts, Failures & Reversals (Post-Election Plan)

Breakouts, Failures & Reversals (Post-Election Plan)

We’re headed into (what could be) one of the most volatile trading sessions of the year tomorrow morning. With the results starting to trickle in for the Presidential Election, I want to make sure my plan is ready for Wednesday…

Markets are bullish into the close this evening, but we’re trading at major resistance levels, which could easily hold for the bears…

Knowing this, I’m looking for bull breakouts, seller failures, and reversals patterns so I’m ready for battle tomorrow morning. Are you ready for the craziness? Here’s my plan…

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November 2, 2020

Avoid these Traps on Election Day (Tuesday’s Plan)

Avoid these Traps on Election Day

We’re heading into one of the busiest weeks of the year. With the Presidential Election tomorrow, FOMC on Thursday, and the Jobs Report on Friday, there should be plenty of trading opportunities in store for us this week…

But first, I’m seeing some hidden traps on the charts tonight. I want to make sure you aren’t a victim of these traps, and I’ll show you how to turn them into reliable opportunities on Election Day Tuesday. Let’s take a look…

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