Vitamin E Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro

“There is no such thing as a weekend.  This is an everyday gig: Every day is a Monday.”

Crude Oil is bearish and trying to run back to yesterday’s low, and my plan is to look for selling-opportunities at the high of a channel before we get there…

E-Mini S&P is bearish with a strong run lower, and I have the high of a hidden channel lined-up with a key resistance swing just begging to be sold tomorrow morning…

Nasdaq is bearish with an “overshoot” of a channel, so I’m watching the “overshoot” back to the high of the channel for a buyer-failure opportunity back down to the low tomorrow morning…

Gold is bullish and trying to make a run back to Tuesday’s high, but I don’t trust this move at all, and I’m watching for the signal when buyers get in trouble for a short back into last week’s range…

Euro is bearish with a Spike & Range pattern – so the goal is to sell above the range high using the 2-Try buyer-failure pattern…

Crude Oil Day Trading Strategy

Crude Oil is bearish with a strong run lower, hidden channel, trading-range, and reversal-line on the chart for tomorrow…

The bears have control after this collapse off today’s high, but this move lower was most likely the buyers getting out of their positions from earlier today and I don’t know any professional seller who’d want to sell this low on the chart…

So the plan is to look for selling-opportunities after a retracement – ideally up into the high of this hidden channel, in combination with the reversal-line just below 67.00 for a buyer-failure SHORT back into the range from yesterday.

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish with a strong move lower, a bear flag, and pair of hidden channels on the chart…

The strong move lower clearly gives the bears the momentum they need to confidently sell into resistance levels overhead, and the most likely resistance levels to watch are the highs of these two hidden channels, in combination with the prior swings up around 2690 tomorrow morning…

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E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish with a strong run lower, a bear channel, and measured-move to work with tonight…

The bears have the momentum with this collapse lower today, telling us to wait for price to rotate higher for selling-opportunities off resistance levels…

Knowing this, I have my eye on the high of this channel, and the “overshoot” at the low gives me a great location to look for a buyer-failure pattern in combination with the battle-zone tomorrow morning…

Gold Day Trading Strategy

Gold is bullish with a trading-range, ‘pendulum swing’, and measured-move on the chart tonight…

The big clue on this chart begins with yesterday’s big run higher – which we expected to trap-high and collapse back down into the triangle – but as you can see, that didn’t happen…

This tells me that buyers are gearing-up to make a run back to re-test the 43.0 highs tomorrow morning… so my job is to wait for them to show signs of failure for a sell going back into the triangle, which is still begging us as a price-magnet…

The key now is anticipating the buyers – where would they be looking to buy as price makes the run higher… if it were me, I would be looking for bear-traps…

So the plan is to look for buyers getting long with traps, and combined with the 2-Try Failure pattern, looking for a shot to sell back down again…

Euro Day Trading Strategy

Euro is bearish with a trading-range, measured-move, reversal-line and hidden channel to work with tomorrow morning…

The bears have control, so the goal is to sell using entry patterns in combination with resistance levels overhead…

And I have my eye on the reversal-line around 14900, the high of the hidden channel, and the range-expansion all coming together overhead…