These markets have been wild the first week of June, and with more big news on the schedule tomorrow morning, the party is just getting started…
Crude Oil is bouncing, the E-Minis are range-bound, while Gold and Euro are bracing for the ECB tomorrow morning…
But the big question I’m asking myself tonight is – what’s missing on this chart?
Continue readingTrading a short-covering rally can be a frustrating experience for a new trader, but once you understand the mindset of the market, it becomes a lot easier to stay patient and execute the plan correctly – are you ready?
Continue readingParabolic markets are challenging because they test our discipline in both directions – don’t chase it higher, and don’t be so quick to call a reversal! Are you ready for tomorrow?
Continue readingWow – we saw some big moves on the charts today, telling me to prepare for four possible scenarios on Friday morning…
And with tomorrow being the end of the week and the end of the month, I know there’s gonna be some fireworks to trade with, are you ready?
Continue readingTiming better entries isn’t just looking for chart patterns, it’s understand what happened BEFORE the pattern that makes the biggest impact – are you ready?
Continue readingBalanced markets have a unique personality, and require us to trade them differently than trending markets, going against our instincts to be successful. Are you ready?
Continue readingWhat’s the difference between a Professional trader and a rookie? Besides their bank account, it’s how they think about trading the markets. Change your mindset to start thinking like a pro trader and you’ll start earning profit like a pro as well – are you ready?
Continue readingRange-bound markets are always filled with traps, but with the right strategy (and mindset) you can flip the script and easily capitalize on them. Are you ready?
Continue readingEvery chart pattern gives us a clue into the market’s mindset that day, which is priceless information when developing our plan for the rest of the day. Are you paying attention to this stuff?
Continue readingWe had some great moves in today’s trading session, but most of our markets closed at some very challenging locations for Friday morning.
Which reminds me to focus on only the best patterns, which will give me the best winning percentage possible – are you ready?
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