Thursday, July 19, 2018

Hidden Range Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“It is not what we get. But who we become, what we contribute... that gives meaning to our lives.”


Crude Oil is range-bound with bull-bias this evening, telling me to fade the breakouts using the '2-Try Rule' for reliable trading opportunities Friday morning…

E-Mini S&P is bearish and range-bound this evening, telling me to look for reliable selling-opportunities up above the range highs tomorrow morning...

Nasdaq is bearish with a wide, flat channel this evening, telling me to look for selling-opportunities using a “hidden” resistance trend-line tomorrow morning...  

Gold is range-bound with a bull bias tonight, telling me to look for buying opportunities using the '2-Try Rule' down below range lows tomorrow morning...

Euro is range-bound with a WIDE range this evening, telling me to fade the breakouts tomorrow morning...

We’re seeing a bunch of “hidden ranges” going into this Summer-Friday Trading Session, which means we’re looking to fade those breakouts tomorrow morning...

Wednesday, July 18, 2018

When to Trade Pullbacks | Crude Oil, Emini, Nasdaq, Gold & Euro



“I challenge you to make your life a masterpiece. I challenge you to join the ranks of the people, who live what they teach, who walk their talk.”


Crude Oil is bullish with a wedge pattern, telling me to look for buying opportunities using traps and seller-failures tomorrow morning...

E-Mini S&P is range-bound with a bull-bias this evening, telling me to look for buying opportunities down at the low of the range tomorrow morning...

Nasdaq is bearish and trying to break free of a short-term trading-range, and my plan is to use my "fake-out-breakout-pullback" pattern for selling-opportunities tomorrow morning...

Gold is bullish and rotating back to the ‘pendulum swing’ target waiting overhead, and my plan is to look for buying opportunities at the low of a Spike & Channel pattern tomorrow morning...

Euro is bearish and trying to re-test this morning’s low, and my plan is to use a buyer-failure pattern for selling-opportunities tomorrow morning...

Tuesday, July 17, 2018

Double-Down Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“Setting a goal, writing the goal down, and taking action are the first steps in turning the invisible into the visible.”


Crude Oil is bearish with a Spike & Range ahead of contract rollover and the weekly inventory report, telling me to look for selling-opportunities using buyer-failures up above the range high tomorrow morning...

E-Mini S&P is bullish with a Spike & Range pattern, telling me to look for buying opportunities using seller-failures below the range low tomorrow morning...

Nasdaq is bullish with a Spike & Channel pattern, telling me to look for buying opportunities using traps at the “base” of the channel tomorrow morning...

Gold is bearish after a successful range breakout, but the strength of this move lower never gave the sellers an opportunity to “sell high”, so my plan is to look for that opportunity with a correction up into the ‘battle zone’ tomorrow morning...

Euro is bearish with a strong run lower, telling me to look for selling-opportunities using the high of a "hidden channel" tomorrow morning...

We had some big runs in today’s session, and the best way to find targets is to use the Double-Down technique

Monday, July 16, 2018

3 Important Questions | Crude Oil, Emini, Nasdaq, Gold & Euro



“Life is a gift, and it offers us the privilege, opportunity, and responsibility to give something back by becoming more.”


Crude Oil is bearish with a strong and steady move lower today, telling me to look for either a Spike & Range or a Spike & Channel pattern for the most reliable selling-opportunities tomorrow morning...

E-Mini S&P is bearish with a Spike & Range pattern, telling me to look for selling-opportunities using buyer-failures and the '2-Try Rule' up at the highs tomorrow morning...

Nasdaq is bearish with a strong spike lower this evening, telling me to look for selling-opportunities using a Spike & Channel pattern tomorrow morning...

Gold is range-bound with a triangle pattern, telling me to fade the breakouts for the most reliable trading opportunities tomorrow morning...

Euro is bullish but trading sideways with a range tonight, telling me to look for buying opportunities using seller-failures below the range low tomorrow morning...

Thursday, July 12, 2018

Wedge Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“One reason so few of us achieves what we truly want is that we never direct our focus; we never concentrate our power. Most people dabble their way through life, never deciding to master anything in particular.”


Crude Oil is bearish with a Spike & Channel pattern, telling me to look for selling-opportunities using the '2-Try Rule' and seller-failures at the high of the channel tomorrow morning...

E-Mini S&P is bullish with a Wedge pattern, telling me to look for buying opportunities using seller-failures at the low of a "hidden channel" tomorrow morning...

Nasdaq is bullish with a Spike & Channel pattern, telling me to look for buying opportunities after a DEEP pullback down to the ‘battle zone’ tomorrow morning...

Gold is bearish, but the sellers are “boxed-in” after their 2nd try failed to re-test today’s low, so I’m looking for buying opportunities ahead of a short-covering-rally back to the weekly close tomorrow morning...

Euro is bearish with a Spike & Range pattern, telling me to focus on selling-opportunities up above the range highs tomorrow morning...

We’re ready to wrap-up another great week of trading opportunities with a Summer Friday trading session…

Wednesday, July 11, 2018

Best Range Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up. It knows it must outrun the slowest gazelle or it will starve to death. It doesn’t matter whether you are a lion or a gazelle: when the sun comes up, you’d better be running.”


Crude Oil is bearish with a strong spike lower which appears to be ending in a range this evening, so my plan is to look for buyer-failures using the '2-Try Rule' as sellers wait for more attractive prices up in the ‘battle zone’ tomorrow morning...

E-Mini S&P is range-bound with a triangle pattern tonight, so I’m staying patient to fade the breakouts, buying low, selling high, and avoiding the middle tomorrow morning...

Nasdaq is range-bound and trading sideways tonight, telling me to buy the low, sell the high, and avoid the middle tomorrow morning...

Gold is bearish and trying to finish a measured-move target, and I have my eyes on selling-opportunities using the high of a "hidden channel" tomorrow morning...

Euro is bearish, but we’re trading below the low of a range this evening, which tells me to look for buying opportunities using the '2-Try Rule' or selling-opportunities using a Spike & Channel tomorrow morning...