Use Stop-Losses to Fuel Your Profit Targets

The month of September got off to an exciting start today;  the Eminis keep pushing higher, Crude Oil consolidates into a triangle, and Gold pumps and dumps back into the weekly range…

But no matter which market you’re trading on Tuesday, the most reliable trades will come when we trap traders on the wrong side of the market.  Because the easiest targets you’ll ever hit will use stop-losses as fuel. 

E-Mini S&P Buyers Trying to Reach the “Runaway Zone”

E-Mini S&P is bullish with finished today’s session with a strong spike higher; the strength of this move tells me to anticipate one of four possible scenarios for tomorrow.  I want to make sure you’re prepared to capitalize on the next leg.

Crude Oil Traders Waiting Patiently to “Fade Breakouts”

Crude Oil is range-bound and trading in the middle of a large triangle; the range tells me the market’s balanced, so I should focus on trading breakout failures around the edges of the range tomorrow morning.

Gold Sellers Need More FUEL for Their Entries…

Gold is bearish and trading back inside the weekly range, which tells me to stay patient for sell setups above the range, using the buyers’ stops as fuel for the entry.