Wednesday, June 27, 2018

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



“You must know that in any moment a decision you make can change the course of your life forever: the very next person stand behind in line or sit next to on an airplane, the very next phone call you make or receive, the very next movie you see or book you read or page you turn could be the one single thing that causes the floodgates to open, and all of the things that you’ve been waiting for to fall into place.”


Crude Oil is bullish with a strong parabolic move higher today, and with such a strong run from the bulls I’m expecting to see a range-bound market tomorrow morning... and my plan will be to focus on buying opportunities using seller-failures…

E-Mini S&P is bearish with a Spike & Channel pattern, and we still haven’t reached the ‘pendulum swing’ target from earlier in today’s session so im looking for selling-opportunities up at channel highs to finish this move off tomorrow morning...  

Nasdaq is bearish with a Spike & Channel pattern, so I’m going to focus on selling with buyer-failures up near the base of the channel tomorrow morning...

Gold is bearish with a wedge pattern, but the wedge is getting narrower by the minute so I’m staying patient for selling-opportunities after a ‘2-legged correction’ into the ‘battle zone’ tomorrow morning...

Euro is bearish with a strong parabolic move lower today, telling me to expect a rather sharp correction and I have my eyes on a channel overshoot for selling-opportunities tomorrow morning...  

We’re expecting more volatility into the end of Jun … and with strong, parabolic moves in today’s session we know to keep our eyes open for more trading opportunities tomorrow morning...


Crude Oil Day Trading Strategy

Crude Oil is bullish and trading just off the prior month high, which we assume is the objective going into the end of the month…

The trend is bullish, so I’m looking for buying opportunities at support, and with such a strong run higher since yesterday morning the only thing we have to work with is a "hidden channel" waiting below…

So my plan is to look for a ‘2-legged pullback’ followed by seller-failure at the moving-average for a run going back to re-test the high tomorrow morning...

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish and pushing down to the ‘pendulum swing’ target after a wild ride back and forth from low to high and now back to the low of the range…

Yes, we can still see the range, and yes, there is potential we go right back into the range tomorrow morning... but the momentum of this market is way too strong to think about buying…

My plan is to look for selling-opportunities on the way down to the ‘pendulum swing’ target, and if the sellers try twice and cant finish a re-test of the low then I will start looking for buying opportunities going back into the range tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish and back down to re-test the prior week lows…

Yes, we’re trading back below the low of the range, but this momentum is way too strong to think about buying, so my plan is to focus on selling with buyer-failures up at resistance levels overhead tomorrow morning...

Gold Day Trading Strategy

Gold is bearish with a wedge pattern, and with the wedge getting relatively narrow at this point, I assume sellers are going to be concerned about the lack of profit potential here, so my focus will be selling after a ‘2-legged correction’ up into the ‘battle zone’ tomorrow morning...

Euro Day Trading Strategy

Euro is bearish with a parabolic run lower as the sellers try to finish the move down to the prior week low tomorrow morning...


The sellers rotated back and forth inside the channel today, but the most recent price-action was VERY strong to finish the session, so I’m measuring the overshoot of the channel low and using the same overshoot up at the highs for selling-opportunities tomorrow morning...

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