Tuesday, January 2, 2018

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



“Study while others are sleeping; work while others are loafing; prepare while others are playing; and dream while others are wishing.” 

Crude Oil is bullish with a short-term trading-range, so my plan is to look for buying opportunities using the '2-Try Rule' tomorrow morning.

S&P is bullish with a Spike & Channel pattern, telling me to look for buying opportunities down in the ‘battle zone’ tomorrow morning.

Nasdaq is bullish with a runaway “grind-break” of a channel, so my plan is to look for buying opportunities with a ‘2-legged pullback’ just below the moving-average tomorrow.

Gold is bullish and my plan is to use channel rotation to find the most reliable buying opportunities tomorrow.

Euro is bullish and trying to finish rotation back to the high of a channel, and my plan is to use a short-term trading-range to identify the best entry points tomorrow.


Crude Oil Day Trading Strategy

Crude Oil is range-bound with a long-term Spike & Channel to work with on Wednesday.

The Trading-Range is the most useful information to avoid losses tomorrow, so my focus will be the '2-Try Rule' with failures at the highs and lows.

E-Mini S&P Day Trading Strategy

E-Mini S&P is bullish with a Spike & Channel pattern, telling me to look for buying opportunities with a ‘2-legged pullback’ down into the ‘battle zone’ tomorrow.

The big question for tomorrow will be the strength of the pullback.  If it’s weak, then the first ‘battle zone’ should be perfect.  If it’s stronger, then I will look to use this “hidden” channel low and the secondary ‘battle zone’


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish with a strong run higher today, and without a single pullback to the moving-average, we can expect there are quite a lot of traders waiting patiently to buy the next deep pullback tomorrow.

When markets make this type of run without any deep pullbacks we often see ‘pendulum swing’ turn sideways and develop into a range the following day, so keep an eye on that tomorrow as well.

Gold Day Trading Strategy

Gold is bullish and testing the high of a channel, telling me to look for a ‘2-legged pullback’ for buying opportunities down near the channel lows tomorrow morning.

Euro Day Trading Strategy


Euro is bullish and trying to re-test today’s today high, and potentially finish rotation up to the high of a pending bull channel and a measured-move tomorrow morning.

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