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...

Tuesday, July 10, 2018

Spike & Channel Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“If you want to be successful, find someone who has already achieved the results you want; copy their behavior, use the same tools, techniques, and you will achieve similar results as well.”


Crude Oil is bearish and trying to go back into yesterday’s range, and I have my eyes on a key Spike & Channel ‘battle zone’ for selling-opportunities tomorrow morning...

E-Mini S&P is bullish and trading at the low of a Spike & Range pattern, but a recent bear-spike off the prior month high is telling me to stay patient and wait for the '2-Try Rule' before looking for buys (or sells) tomorrow morning...

Nasdaq is bearish and headed back to last week’s close, and my plan is to use a new bear channel for selling-opportunities off the highs tomorrow morning...

Gold is bullish as price rotates back into the range from yesterday, and I have my eyes on a Spike & Channel for reliable buying opportunities tomorrow morning...

Euro is bullish after a successful '1-2-3 Reversal', and I’m waiting for buying opportunities using "hidden channel" support tomorrow morning...

Monday, July 9, 2018

'1-2-3 Reversal' Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“A ship is always safe at the shore - but that is NOT what it is built for.”


Crude Oil is range-bound with a bull-bias, telling me to find buying opportunities with seller-failures down below the low, or wait for a successful breakout-pullback tomorrow morning...

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

Nasdaq is bullish and racing higher this evening, and I have my eyes on buying opportunities on the way up to the high of a Spike & Channel tomorrow morning...

Gold is bearish and headed back into last week’s range, and I’m looking to harness the power of the ‘pendulum swing’ for selling-opportunities tomorrow morning...

Euro is bullish and trading at the low of a Spike & Channel so I’m looking for buying opportunities with a target back up to the high tomorrow morning...

It feels great to be back at the desk after the holiday break last week, and looking at the charts this evening we have some BIG trading opportunities setting-up for tomorrow morning...

Thursday, June 28, 2018

Trading with Flags | Crude Oil, Emini, Nasdaq, Gold & Euro



“We can change our lives. We can be exactly what we wish.  All we need is a goal, an action plan to achieve the goal, and the attitude that never gives up.”

Crude Oil is bullish with a flag pattern, so I’m looking for a buying opportunity with a breakout-pullback above the high, but I’m also watching for a possible failure and a selling opportunity if I get the right signal tomorrow morning...

E-Mini S&P is bullish and rotating back into the range from earlier this week, and my goal is to participate in this ‘pendulum swing’ with buying opportunities using a support trend-line waiting below…

Nasdaq is bullish as it heads back into the range and my plan is to use a "hidden channel" for buying opportunities as the ‘pendulum swings’ back higher…

Gold is bearish and I have my eyes on selling-opportunities at the high of a weekly channel tomorrow morning...

Euro is bearish with a trading-range this evening, telling me to look for selling-opportunities using buyer-failure up above the highs tomorrow morning...