March 4, 2019
“Pendulum Swing” Strategy
The first week of March is filled with range-bound markets, which means my plan is to fade the breakouts using the ‘pendulum swing’ as our main locations for entries and exits going into Tuesday’s session.
Continue reading February 28, 2019
Trading with “Grinders”
Why Are Grind Breaks Such Big Clues? (1) They tell me to expect a short-term correction, and (b) they tell me exactly where that correction should go — which (c) gives me the opportunity to play both long and short sides with the right entry setup.
Continue reading February 27, 2019
Trading “Skinny” Channels
We had some strong moves going back into the weekly ranges this afternoon, but these “skinny” channels aren’t very attractive to buy, which tells me precisely where to be looking for a BETTER opportunity tomorrow morning.
Continue reading February 26, 2019
“Expansion” Trade Set-Ups
Why are expansion levels so important? Because the best way to trade ranges and channels is to look for entries that are just a bit outside the extremes because it gives you the opportunity to “Risk Small to Earn Large!”
Continue reading February 25, 2019
Fractal Trading Strategy
I start looking for “fractal patterns” when the long-term trend tells me to buy, but the short-term trend says to sell — my plan is to wait for the short-term trend to FAIL so I can get a nice strong run with the long-term trend. The best way to time that entry is with the “fractal strategy”.
Continue reading February 21, 2019
Plan the Exit Before Entry
The best trades always have plenty of “open space” for the target, but tonight these “tight spaces” tell me to be a lot more precise with my entries on Friday morning.
Continue reading February 20, 2019
Trading Against the Trend
Counter-Trend trades aren’t made for rookies because they require us to wait for the precise time to enter the market when the trend-followers find themselves out of options and ammunition!
Continue reading February 19, 2019
3 Ways I Use Momentum
Momentum is the most important word in the trader’s vocabulary because it not only tells me direction, but when the momentum changes, it tells me exactly which entry pattern will work best for each situation.
Continue reading February 13, 2019
Favorite Reversal Patterns
the secret to earning consistant profit with trend reversals is to (a) find a key turning point, (b) respect momentum, and (c) wait for the opposite side of the market to confirm they’ve entered, then finally (d) run those stops to fuel the reversal in the opposite direction!
Continue reading February 12, 2019
Trading with ‘Traps’
We saw some BIG RUNS in today’s session, but it looks like a few of these markets have reversed momentum, which usually means there will be opportunities to “trap” the trend-followers on the wrong side tomorrow morning.
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