Thursday, January 11, 2018

Stop Missing the Best Trades | Crude Oil, Emini, Nasdaq, Gold & Euro



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“Successful and unsuccessful people do not vary greatly in their abilities. They vary in their desires to reach their potential.”

Crude Oil is bearish after collapsing off today’s high, and I’m looking for a hidden channel for the most reliable selling-opportunities tomorrow.

S&P is bullish and trading at the high of a channel, so I’m waiting for buying opportunities using a ‘2-legged pullback’ down to a key reversal-line at 65.50 tomorrow morning.

Nasdaq is bullish with a multi-day channel, telling me to use “rotation” for buying opportunities coming off the lows tomorrow morning.

Gold is bullish with a Spike & Channel pattern, telling me to stay patient for a pullback down to the base of the channel tomorrow morning.

Euro is bullish with a Spike & Channel pattern, so I’m waiting to buy a ‘2-legged pullback’ into the ‘battle zone’ tomorrow morning.


Crude Oil Day Trading Strategy

Crude Oil is bearish after a wild ride today, tumbling off the highs and headed back down to the lows. 

Any time I see a trend reversal im always looking for a hidden channel, drawing the trend-line off the lows and pinning it up to the highs.

The strength of this move is also a big clue, I would call this a “spike”, and that spike tells me to look for a Spike & Channel, Spike & Range, flag, or wedge tomorrow as well.

No matter what we get in the short-term, my plan is always the same, sell at RESISTANCE in a bear market, and right now we need more information before we know where that will be.

E-Mini S&P Day Trading Strategy

E-Mini S&P is bullish and trading at the high of a large bull channel, telling me to look for buying opportunities after a ‘2-legged pullback’ down to the low of this channel and I would love to use this 65.50 reversal-line at the top of the ‘battle zone’.


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish with a strong run higher today, testing the high of a multi-day channel, telling me to look for buying opportunities down at the lows of the channel and possibly using a rising support trend-line coming up from the first two swings of today’s session.

Gold Day Trading Strategy

Gold is bullish with a Spike & Channel pattern, telling me the most reliable buying opportunities will come after a ‘2-legged pullback’ into the base of the channel tomorrow morning.

Euro Day Trading Strategy


Euro is bullish and trying to re-test the high of this Spike & Channel pattern, but it looks like price-action is getting comfortable around the prior week close ahead of Friday’s session, so my plan is to look for a pullback into the ‘battle zone’ for the most reliable buying opportunities tomorrow morning.

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