Wednesday, July 19, 2017

How to Avoid the Stop-Run | Crude Oil, Emini, Gold, Euro, FDAX



"Cherish your visions and your dreams as they are the children of your soul, the blueprints of your ultimate achievements."   


Crude Oil is bullish, but we recently re-tested the Double-Up target, so we’re watching for either a successful breakout-pullback to new highs, or a ‘2-legged pullback’ into the ‘battle zone’ tomorrow.

S&P is bullish and trying to reach a major Double-Up target tomorrow, but after four legs higher, we’re staying patient for traps and seller-failures tomorrow.

Gold is bullish with a Spike & Range, telling us to look for buying opportunities with traps and failures below the range lows tomorrow.

Euro is bearish with a Spike & Wedge, telling us to focus on selling the ‘2-legged corrections’ and avoid chasing the move lower tomorrow.

FDAX is bearish with a flag pattern, telling us to look for selling-opportunities with an overshoot of the bull channel, and a target down to monthly support.

Tuesday, July 18, 2017

Trading the Rule of 3’s | Crude Oil, Emini, Gold, Euro, FDAX



“You want to know my secret for success?  Success is achieved when you seek out your weaknesses and turn them into strengths.” 


Crude Oil is bearish and trying to re-test today’s low, but rising support is telling us to trade this like a triangle ahead of the weekly inventory report tomorrow morning.

S&P is bullish, and we recently reached a measured-move, telling us to look for a ‘2-legged pullback’ off the highs so buyers can buy the dip for a target going back to re-test the high.

Gold is bullish with a Spike & Channel and the “Rule of 3”, which tells us to look for a ‘2-legged pullback’ down into the ‘battle zone’ for a re-test of the high.

Euro is bullish with a Spike & Wedge, telling us to look for a deep pullback off the highs and a target going up to the Double-Up and wedge target overhead.

DAX is bearish and trying to move back to a monthly support zone, and we’re using a flag pattern, combined with the ‘battle zone’ for the most reliable selling-opportunities tomorrow.

Monday, July 17, 2017

Trading a 2-Sided Market | Crude Oil, Emini, Gold, Euro, FDAX



"The key to success is to focus our conscious mind on things we desire not things we fear”


Crude Oil is bearish with a strong move lower, but a major channel tells us to be looking at the reversal-line overhead for the most reliable selling-opportunities tomorrow.

S&P is bullish with a wide, almost flat bull channel, telling us that both sides of the market will be participating, and we need to focus on buying as low as possible tomorrow.

Gold is bullish with a Spike & Range, telling us to use the '2-Try Rule' to buy with seller-failures below the range-low. 

Euro is bullish with a Spike & Range, telling us to look for failures below the low of the range, and a re-test of the high.

FDAX is bullish and trying to re-test the Spike & Range high from last week, but the sellers are most likely looking for confirmation of buyer-failure while looking for selling-opportunities off the high.

Thursday, July 13, 2017

Spike & Range Trading Strategy | Crude Oil, Emini, Gold, Euro, FDAX



"We are what we repeatedly do. Excellence, therefore, is not an act but a habit." 
- Aristotle


Crude Oil is bullish and trying to re-test yesterday’s high, but the buyers are looking sluggish at the highs, so we’re looking for a ‘2-legged pullback’ for buying opportunities in the ‘battle zone’ tomorrow.

S&P is bullish and trying to complete measured-move target, but the bulls are stalling at resistance, telling us to look for traps to avoid ‘buying high’ tomorrow.

Gold is bearish with a Spike & Range as it tries to re-test yesterday’s low, but we have “four-leg” support telling us to avoid selling into the lows, while looking for selling-opportunities up in the ‘battle zone’ tomorrow.

Euro is bearish with a Spike & Range and struggling to hold below yesterday’s low, which tells us to look for selling-opportunities up above the range, while keeping an eye on a possible price-reversal if they fail.

FDAX is bullish with a Spike & Range, telling us to look for buying opportunities below the range in the ‘battle zone’ with a target going back to re-test the high.

Wednesday, July 12, 2017

“Bow-Tie” Trading Strategy | Crude Oil, Emini, Gold, Euro, FDAX


“Do not wait to strike till the iron is hot; but make it hot by striking.”


Crude Oil is bearish with a Spike & Range, telling us to look for selling-opportunities using a ‘2-legged correction’ up in the ‘battle zone’ tomorrow.

S&P is bullish with a Spike & Range, telling us to focus on failures below the range, and keep an eye on the fake-out breakout pullback to new highs.

Gold is bearish with a triangle, and possible ‘bow-tie’ pattern setting-up for tomorrow, telling us to look for selling-opportunities up at resistance levels overhead.

Euro is bearish and trying to re-test yesterday’s low, and a short-term trading-range is telling us to look for bull-traps up in the ‘battle zone’ tomorrow.

FDAX is trading “four legs up” this evening, which tells us to expect profit-taking and a ‘2-legged pullback’ off the highs before we see buyers re-enter the market tomorrow.

Tuesday, July 11, 2017

“Strength” Trading Strategy | Crude Oil, Emini, Gold, Euro, FDAX



“Whether you think you can or think you can’t…you’re right.” 


Crude Oil is bullish after a strong spike higher to finish today’s session, telling us to look for one of four possible scenarios ahead of tomorrow’s inventory report.

S&P is bullish with a Spike & Channel this evening, telling us to focus on traps and failures below prior swings with a target back up to the measured-move.

Euro is bullish with a Spike & Range, which tells us to look for buying opportunities using seller-failures below the range, or a breakout-pullback to new highs tomorrow.

FDAX is range-bound and trying to finish the ‘pendulum swing’, which tells us to use the '2-Try Rule' to focus on failures at the range highs and lows tomorrow.