Category Archives for "Nightly Newsletter"

January 7, 2021

3 Pullbacks to Watch on Non-Farm Friday

3 Pullback Trades for Non-Farm Payrolls

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!

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January 4, 2021

Best Place to Get Short on Tuesday

Best Place to Get Short on Tuesday

We’re back to our desks after the Holiday break, and with big moves on the charts today, combined with big news on the schedule tomorrow, Tuesday is shaping up to be one of the best trading days of the week…

Looking at charts, I have a handful of reliable setups on my radar for tomorrow. Emini sellers would love another leg lower, Crude Oil bears need to show us proof before we can get short, and Gold buyers are waiting patiently for a deep pullback off the highs. Are you ready?

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December 10, 2020

Are Sellers Out of Options? (Friday’s Trade Plan)

Are Sellers Out of Options? (Friday's Trade Plan)

We’re headed into Friday’s trading session, and with most of our favorite markets trading sideways within ranges, I’ll be looking for breakouts and failure patterns on the charts tomorrow morning…

Speaking of the charts, it looks like sellers on Gold and Emini ES are running out of options to keep this week’s momentum running lower…

Knowing this, I’ll be looking for ways to trap sellers around the edges of the ranges for a short-covering rally tomorrow morning. Are you ready?

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December 9, 2020

‘Pendulum Swing’ Strikes Again! (Thursday’s Plan)

‘Pendulum Swing’ Strikes Again

Heading into Thursday’s trading session – we have the biggest news of the week scheduled just before the opening bell, and we’re anticipating an update from the FDA regarding COVID Vaccines. Anything is possible tomorrow morning…

But the biggest clue I see, are how well the markets are respecting the pendulum swings above/below the weekly trading-ranges. I’m going to use those levels for the best entries and exits tomorrow morning. Are you ready?

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December 8, 2020

Pull the Trigger with Confidence on Wednesday

Tomorrow might be the middle of the week, but this party is just getting started…

With markets anticipating new Vaccine and Stimulus updates, along with a sense of urgency ahead of the Holiday Season, I’m excited for Wednesday’s opening bell…

The most important factor going into Wednesday will be staying patient for the best entry setups. We had some big runs on the charts over the last couple days, so the key will be staying patient for the best precision entries. Are you ready?

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December 7, 2020

4 Momentum Trades for Tuesday (Entry Timing is Key)

4 Momentum Trades for Tuesday (Entry Timing is Key!)

We’re back to our desks for the 2nd week of December, and we have a busy week ahead of us.

With virus cases climbing, stimulus talks on Capitol Hill, and daily vaccine updates, there’s no shortage of market-moving events this week…

Looking at tomorrow, the Eminis and Crude Oil are trading back and forth inside a range, while Gold made a strong run higher.

The most important clue, however, are the big momentum swings we saw on the chart. With all this momentum, timing the entry will be more challenging, so I want to make sure you’re prepared…

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December 3, 2020

Non-Farm Payrolls, My Trade Plan for Friday

Non-Farm Payrolls, My Trade Plan for Friday

Tomorrow is the first Friday of December, which means we have our biggest news event of the month, Non-Farm Payrolls released just before the opening bell…

Anything is possible after this news is released, and since Friday’s are usually more volatile than other days of the week, I want to make sure we’re ready for all the best setups. Here’s my trade plan for Friday…

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December 1, 2020

Ready for the Reversal? (Wed’s Trade Plan)

Are You Ready for the Reversal?

December might be one of the coldest months of the year, but these markets didn’t waste any time getting warmed-up today…

We saw big moves across all markets today; Gold and the Eminis ran higher, while Crude Oil collapsed and tumbled lower…

With such big moves on the charts, it’s tempting to start looking for reversals, but before we commit to the opposite direction, let’s make sure we have the most reliable patterns to trigger the entries. Here’s my plan for tomorrow…

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