The key to trading NonFarm Payrolls is to give yourself some time after the news is released to see the price-action calm down before looking for trades, and keep an eye on the time because the session usually finished before 11am EST.
Continue readingStrong breakout moves are important because they give us such strong momentum that we can rely on another leg in the same direction. All we need to do is find the entry pattern using key support and resistance.
Continue reading“Learn from yesterday, live for today, hope for tomorrow.” -Albert Einstein Crude Oil is bullish with a short-covering rally, so I’m looking for buying opportunities and I’m watching a reversal-line in combination with the low of a hidden channel for tomorrow morning. E-Mini S&P is bearish and rotating back to the low of […]
Continue reading“By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be. Put your future in good hands — your own.” Crude Oil is bearish with a strong run lower, telling me to expect another leg, so I’m looking at a key […]
Continue reading“If you are going to achieve excellence in big things, you develop the habit in little matters. Excellence is not an exception; it is a prevailing attitude.” Crude Oil is bullish as it tries to rally off the range lows, and a small trading-range on the chart is telling me exactly where to […]
Continue reading“Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.” Crude Oil is bearish and trading at the low of a range, but with such strong momentum I would expect another leg lower, and I’m using the high of a hidden channel to […]
Continue readingThe key to trading the 123-Reversal isnt chasing the move higher/lower – no – the key is staying patient because eventually you’re going to get the pullback, followed by the failure set-up and you’ll be ready to make some easy profit on the re-test!
Continue readingTrading with Confluence means we’re following the momentum of the market, looking entry patterns that combine multiple levels of support and resistance. The key is looking for that “cluster” of support levels in a bull market, and vice versa.
Continue readingthe most common rookie mistake is to try FORCING a gap-fill. It’s best to trade in the direction of the gap until the momentum shifts, and when it does (b/c it always does eventually) then we have an easy target going back to fill the gap.
Continue reading“I don’t care how much power, brilliance or energy you have, if you don’t harness it and focus it on a specific target, and hold it there you’re never going to accomplish as much as your ability warrants.” Crude Oil is bullish back into the weekly range, so I’m going to keep […]
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