The price of Oil keeps tumbling lower, dragging down the Eminis and Gold along with it, but today’s close on Oil tells us we may have seen a bottom…
The problem is, with Oil trading near ZERO, it’s easy to see traders pushing it lower into tomorrow’s trading session, dragging the rest of the markets with it, and I want to make sure we’re ready to trade it – here’s my plan…
Continue readingWe didn’t waste any time getting this week started; the Emini pumped and dumped, Gold caught a late-session bounce, and the Oil market tumbled nearly five dollars lower into a market mistake off the lows…
That market mistake is a big clue, telling me where to find my next trade – did you see it too? Let’s take a look…
Continue readingWe have a lot of ranges on the charts tonight, which usually means I’m buying low, selling high, and focused on failure patterns tomorrow morning…
But with big news about the re-opening the US economy likely to be released this evening, I also need to be ready for 123-Breakouts and crown reversals – lets go…
Continue readingMarkets are range-bound going into the end of this week, and with OPEX just around the corner, I’m expecting increased volatility and lots of great trade set-ups…
Speaking of set-ups – whenever I see a range, my plan is to buy low, sell high, and focus on failures around the pendulum-swings on the chart – here’s how…
Continue readingThese markets were on a mission today – with bulls getting aggressive on the Eminis and bears hammering Crude Oil lower…
With all this strong momentum in the markets, its clear people are suffering from FOMO, which means there will be easy opportunities to capitalize on their mistakes – are you ready? Let’s go…
Continue readingI see a lot of range-bound markets on the charts this evening, which tell me to look for failures and breakouts on Tuesday…
Speaking of breakouts, there’s one in particular that has me asking – “Should I fade it, or trade it?”
Continue readingWe’re heading into the final trading session of the week on Thursday, and with everyone waiting on news from OPEC, ECB, and the FED, we need to be ready for all the different scenarios…
Emini ES is bullish with a “false top”, Gold is bearish into a range, and Oil is range-bound ahead of tomorrow’s announcement – we have a lot to cover in tonight’s newsletter – roll those sleeves up and get to work!
Continue readingWe’re heading into the last full session of this holiday week, which means the pressure’s on the BIG Money to find the best set-ups before lunch on Thursday…
Knowing this, my plan’s to stay patient; these recent reversals off the highs are tempting to buy, but momentum tells a different story, and I’m looking to get short into the buyers’ stops – are you with me? Let’s go…
Continue readingMarkets got off to a strong start this morning with breakout moves higher, and they never looked back, closing firmly at their highs, but we need to be careful…
It’s tempting to chase these “runaway markets” out of FOMO, or even shorting off the highs if you think it went too far…but that’s my plan…
My plan for “runaway markets” is all about patience; waiting for the right pullback entry at the right level, or grabbing the reversal when the timing is right – here’s how…
Continue readingMarkets got a little crazy this morning after news broke about a potential production cut for Crude Oil, sending markets running higher in excitement…
But we’ve heard this song many times before; prices usually end up going right back to where they came from…
Knowing this, my focus for Friday is to fade this Oil spike, and I have (4) four reliable set-ups on my radar – are you ready? Let’s go…
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