Stimulus Bill Passes – How Do You Trade It?

It’s official – they finally passed the latest $1.9 trillion COVID stimulus bill today, which means the markets will have plenty of reasons for some big moves on Thursday…

But here’s the big question – will this turn out to be a “sell the news” event where the market makers run the market lower, just so they can buy the dip on Friday? Or will this market jump higher and take off like a rocket ship to the moon?

It’s anyone’s guess at this point; but no matter what direction, there’s sure to be plenty of opportunity going into Thursday. Here’s how I’ll be trading it…

Missed Today’s Reversal? What’s Next for Wednesday?

Markets reversed and ran higher on strength today with a beautiful 123-Reversal pattern we discussed in last night’s newsletter…

But what if you missed the pullback to that new channel? Where’s the next best trading opportunity setting-up for Wednesday?

With such strong moves today, I’ll be looking for deep pullbacks for the best trading opportunities tomorrow morning. Here’s where I’m looking for entries…

3 Ways to Short the Pullbacks on Tuesday

We’re back in the action for the second week of March, and with all three of our favorite markets running lower today, I’ll be looking for ways to get short on the pullbacks tomorrow morning.

Here are three key setups to keep your eye on…

Trading with Traps on Non-Farm Friday

We’re heading into Non-Farm Payrolls tomorrow morning, one of the biggest news events of the month, which means there should be plenty of trading opportunities to finish the week…

Looking at the charts, we have two important trading-ranges to pay attention to. There’s a major range acting like a price-magnet, and a minor range to help us time our entries with traps. Are you ready for Friday? Here’s my plan…

Short the Pops on Thursday (Wait for These!)

What’s the best way to trade a strong bear trend?

Short the pops! With the bears in control of our favorite markets, my job on Thursday morning will be staying patient for bounces off the lows so I can sell into the stops of the counter-trend buyers…

Where’s the best place to get short? Keep your eyes on these three locations…

Two Best Pullbacks for Tuesday (and a Reversal!)

We’re back to our desks once again, this time for the first week of March, and the markets didn’t waste any time giving us some great opportunities today…

Emini, Nasdaq and Gold all made big moves on the charts today, which means traders will be looking for ways to trade pullbacks on Tuesday morning…

Emini and Nasdaq have two nice spots for pullbacks, but Gold doesn’t look so easy. In fact, I might look for the next pullback to fail and trade the Gold reversal instead. Here’s my plan for Tuesday, let’s get started…

Two Favorite Ways to Trade a Reversal (Friday’s Plan)

We’re heading into Friday’s trading session, and since tomorrow is the last day of trading for February, and we had such a big move down today, we’re expecting another volatile session to finish the week tomorrow morning…

Speaking of today’s big move lower; markets went three legs down to major support levels, which usually means we get either a range or reversal the following day.

I want to make sure you’re ready for both of these situations, so make sure you watch tonight’s video. Here’s my game plan for Friday…

3 ‘Open Loop’ Trades for Wednesday

How’s that for end-of-month volatility? Wow…

We just finished up one of the wildest sessions of the year, and with all the big moves on the charts today, we have some big “open-loop” setups to look forward to tomorrow…

What’s an open-loop, you ask? All three of our favorite markets have them right now, and it’s the key to finding the best entries and exits on Wednesday. Are you ready? Let’s go…

My Favorite Trap Entries for Tuesday

We’re back to our desks for the final week of February, and we have a lot of great opportunities on our radar for Tuesday’s trading session…

We got some big moves in our favorite markets today, but if you look closely, you’ll see we have a lot of “tight spaces” we need to avoid tomorrow morning…

In these ‘tight’ situations, the one entry setup I trust most are traps! Here’s where to find them on Tuesday…

Are You Ready for OPEX Friday?

We’re headed into Options Expiration (OPEX) tomorrow morning, which means our window of trading opportunities will be a little smaller than normal…

But not to worry, there are lots of high-percentage trades setting-up on the charts this evening, and I’ll go into all the details in tonight’s video…

We have a lot of ranges on the charts tonight, so I’ll be focused on failures and breakouts to finish the week in the green. Are you ready?