Thursday, February 8, 2018

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



“Genius is one percent inspiration and ninety-nine percent perspiration.”


Crude Oil is bearish and targeting the prior month low, and I have the ‘battle zone’ waiting for reliable selling-opportunities tomorrow morning.

E-Mini S&P is bearish with a strong move lower this afternoon, and I have my eye on a key reversal-line for selling-opportunities tomorrow morning.

Nasdaq is bearish and trading at major support, telling me to wait for rotation back up to resistance for the most reliable selling-opportunities tomorrow.

Gold is bullish but trading into major resistance, so I’m waiting for buying opportunities after a ‘2-legged pullback’ tomorrow morning.

Euro is bearish but trading sideways in a range, telling me to look for selling-opportunities using buyer-failures up above the triangle tomorrow morning.


Crude Oil Day Trading Strategy

Crude Oil is bearish with a large channel as sellers try to finish this move down to last month’s low and a measured-move target.

This STRONG move lower is important, telling me that the next test of the moving-average will likely show lots of sellers, and I’m watching for a trap-high with the proper signal up above the 60.71 level.

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish and trading at the low of a channel, just inches away from the measured-move target.

I don’t want to sell the low of this channel, id rather sell up near the high, and the 13.25 reversal-line will make for an excellent area of interest with a target down to the measured-move.


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish and trading at the low of a channel, telling me to wait for selling-opportunities up around the highs, and I can see a reversal-line at 87.50 that will make for an excellent resistance level for selling-opportunities tomorrow morning.

One thing easy to see on this chart is the pending measured-move and re-test of Monday’s low, which is clearly going to be a long-term target for the bears tomorrow morning.

Gold Day Trading Strategy

Gold is bullish and trying to re-test the measured-move, but usually when we see a measured-move target tested, we get a ‘2-legged pullback’ off the highs, so I’m waiting for that next leg lower to look for buying opportunities using a “Trap-low” in the ‘battle zone’ tomorrow morning.

Euro Day Trading Strategy

Euro is bearish and trading sideways inside a triangle/range tomorrow this evening, telling me to look for selling-opportunities using buyer-failures up above the highs tomorrow morning.


One thing to note is that prior week low up at 23715, if the bulls get control above this range we can look for that to be our short-term target.


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