Monday, July 9, 2018

'1-2-3 Reversal' Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“A ship is always safe at the shore - but that is NOT what it is built for.”


Crude Oil is range-bound with a bull-bias, telling me to find buying opportunities with seller-failures down below the low, or wait for a successful breakout-pullback tomorrow morning...

E-Mini S&P is bullish with a Spike & Channel pattern, telling me to look for buying opportunities using seller-failures down near the low tomorrow morning...

Nasdaq is bullish and racing higher this evening, and I have my eyes on buying opportunities on the way up to the high of a Spike & Channel tomorrow morning...

Gold is bearish and headed back into last week’s range, and I’m looking to harness the power of the ‘pendulum swing’ for selling-opportunities tomorrow morning...

Euro is bullish and trading at the low of a Spike & Channel so I’m looking for buying opportunities with a target back up to the high tomorrow morning...

It feels great to be back at the desk after the holiday break last week, and looking at the charts this evening we have some BIG trading opportunities setting-up for tomorrow morning...


Crude Oil Day Trading Strategy

Crude Oil is range-bound with a bull-bias this evening, telling me to look for buying opportunities down below the lows of the range tomorrow morning...

We’re trading the high of the range, which isn’t the best place to be looking for buying opportunities, so I’m staying patient and waiting to buy with seller-failures below the lows, or buying a successful breakout-pullback to new highs tomorrow morning...

E-Mini S&P Day Trading Strategy

E-Mini S&P is bullish with a Spike & Channel pattern as it tries to finish a measured-move target ahead of the prior month high…

My plan is to buy the low of this channel, getting us below the moving-average and getting long using seller-failure patterns tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish and trying to finish rotation up the high of this Spike & Channel pattern, and with the measured-move just a few points away, time is of the essence for the bulls in the short-term…

This move higher is very strong, barely giving us a chance to buy a pullback, which means there will be many buyers in the same situation, waiting on the pullback…

My plan is to participate with this momentum... looking for a pullback before we get to the measured-move, or wait for a ‘2-legged pullback’ and buy with a seller-failure below the moving-average tomorrow morning...

Gold Day Trading Strategy

Gold is bearish and collapsing back into the range from last week’s holiday trading session, telling me to look for selling-opportunities as price rotates back to the low of the range tomorrow morning...

This move lower was very strong this afternoon, barely giving the sellers any opportunities to get short at resistance, so I assume there are still a lot of bears waiting for a chance to sell a retracement, which is exactly what im waiting for as well…

Euro Day Trading Strategy

Euro is bullish with a Spike & Channel pattern, telling me to look for buying opportunities off the low of the channel with a target going back up to retest the high tomorrow morning...


We’re down at the low of the channel, so I’m looking to get long, but the strength of this move lower tells me to watch and wait for the sellers to try selling this ONE more time before looking to buy the move back up to re-test the high…

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