Price Rejection tells me when to look for the reversal, which tells me the best entry location, and provides the best final target on the trade.
Continue readingWe’re back in the action once again after a Holiday Weekend, and this time we’re watching key levels of confluence for the most reliable trades on Wednesday morning… Crude Oil appears bearish at first glance, but the recent 123-Reversal tells me to look for the beginning of a short-covering rally using a key support […]
Continue readingWe’re getting prepped for Friday’s trading session, and with the holiday on Monday, we know tomorrow is most likely going to be a short, but explosive trading session – let’s get ready! Crude Oil is bullish with a strong spike higher, so my plan is to wait for buying opportunities after a ‘2-legged […]
Continue readingWhy is the pendulum swing so important? Because it gives me the perfect locations to look for buying and selling opportunities back and forth from top to bottom of a trading range.
Continue readingWhat’s the key to trade a reversal? First you need to include a key support/resistance level for the set-up. Then you need to wait for the two-try-rule, but the most important part of the trade is the TRAP!
Continue readingCrude Oil is bearish, but look closely at the chart and you quickly realize this might just be a great time to look for longs (with the right set-up) tomorrow morning. E-Mini S&P is bullish with a range, so I’m looking for buying opportunities below the range low using a seller-failure pattern. Nasdaq […]
Continue readingWhy is the market’s objective so important? Because it tells me where my entries need to be, where my best target will be, and most importantly, where to STOP trading and wait for more information.
Continue readingTrading the Spike & Channel Pattern is all about waiting for a deep pullback, followed by a failure set-up for the entry.
Continue readingWe have some strong moves on the charts tonight, but some of these moves appear to be head-fakes, while others are legit – how do you know?
Continue readingHow do you know the difference between a pullback and a reversal? It all boils down to how the price-action reacts to the moving average.
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