Tuesday, June 26, 2018

Trading the Market's Objective | Crude Oil, Emini, Nasdaq, Gold & Euro



Don’t think about who you have been. Who are you now? Who have you decided to become? Make this decision consciously. Make it carefully. Make it powerfully.”


Crude Oil is bullish with a Spike & Channel after a strong run higher this afternoon, and my plan is to look for buying opportunities using seller-failures down below the moving-average tomorrow morning...

E-Mini S&P is range-bound and after the buyers failed to breakout higher, I’m looking for selling-opportunities down to the ‘pendulum swing’ for switching directions and buying back into the range tomorrow morning...

Nasdaq is bullish with a Spike & Channel that is quickly turning into a range, so my plan is to focus on buying opportunities at the low of the range tomorrow morning...

Gold is bearish and appears to be range-bound heading into Wednesday’s session, so my plan is to fade the bullish breakouts for selling-opportunities tomorrow morning...

Euro is bearish with a Spike & Channel pattern, so my plan is to find selling-opportunities using buyer-failures up near the highs tomorrow morning...


Crude Oil Day Trading Strategy

Crude Oil is bullish with a strong run higher today and these higher-highs tell me to look for either channel or a wedge for tomorrow morning...

No matter which scenario we get, the plan is simple – looking for buying opportunities using seller-failures on a deep pullback off the highs…

And remember – get to the trades before 10am EST tomorrow morning because we have that weekly inventory report due at 10:30am EST and who knows where that will take us…

E-Mini S&P Day Trading Strategy

E-Mini S&P is range-bound and rotating back down to the low of the range, and the ‘pendulum swing’ coming off the high gives me the perfect location to look for the '2-Try Rule' and seller-failures to buy going back up to the high of the range tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish with a Spike & Channel pattern, but it appears the buyers failed to hold higher-highs, telling me to expect a range to develop into tomorrow morning...

Knowing this, my plan is to look for buying opportunities using seller-failures down at the low of this range, or wait for PROOF of a successful breakout-pullback to new highs tomorrow morning...

Gold Day Trading Strategy

Gold is bearish with a strong move lower today, but after such a strong move down the bear were unable to re-test the low – why?

The only answer is, they went too far, too fast, and now they need to wait for the rest of the market to catch up to them…

So, it looks like we’re going to go sideways with a range, which tells me to look for selling-opportunities using the '2-Try Rule' and buyer-failures up above the highs tomorrow morning...

Euro Day Trading Strategy

Euro is bearish with a Spike & Channel pattern as the ‘pendulum swings’ back in the opposite direction for the sellers this evening…


My plan is to look for selling-opportunities up near the highs of the channel and possibly buyer-failures up in the ‘battle zone’ tomorrow morning...

===========================================================
Learn the Strategy & Join the Trade Room; Click here to register for the Free Trial

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.