Monday, July 30, 2018

Market Structure Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“The path to success is to take massive, determined action…and never give up on your dream!”


Crude Oil is bullish with a Spike & Range pattern, telling me to look for buying opportunities using seller-failures below the range low tomorrow morning...

E-Mini S&P is bearish and trying to hold below a range this evening, and I have my eyes on selling-opportunities using a "hidden channel" tomorrow morning...

Nasdaq is bearish and trading in the middle of a Spike & Channel pattern, telling me to stay patient for selling-opportunities up at the highs using the '2-Try Rule' tomorrow morning...

Gold is bearish and trading sideways with a triangle this evening, telling me the most reliable selling-opportunities will be up above the range highs using buyer-failure patterns tomorrow morning...

Euro is bullish with a strong run higher today, but it’s last week’s trading-range that’s the big clue on this chart, telling me to look for buying opportunities back down at the lows tomorrow morning...


Crude Oil Day Trading Strategy

Crude Oil is bullish with a strong run higher up to the Double-Up target this morning, where it then proceeded to turn sideways into the end of today’s session…

The momentum is clearly bullish, but this lack of follow-thru for the bulls tells me that buyers have grown weary of buying at such a high price, so my plan is to look for buying opportunities at a much lower price, and I have my eyes on the ‘battle zone’, which in this case is a combination of the .54 reversal-line and the range-expansion support waiting below…

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish with a range breakout as the sellers try to finish the month back down at the prior month high tomorrow morning...

The strong break down is the key here, giving me reason to start looking for selling-opportunities up at the high of these Spike & Channel patterns coming down overhead, but I’m in no hurry to sell if I don’t get a good signal because price could EASILY slide back up into the range and run all the way back up to the highs tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish with a Spike & Channel pattern as it tries to complete the measured-move and possibly a larger run down to the prior month close as we finish the month tomorrow evening…

The Spike & Channel is the big clue, telling me to look for selling-opportunities using a DEEP pullback off the lows, so my focus will be selling with buyer-failures up around the ‘battle zone’ tomorrow morning...


Gold Day Trading Strategy

Gold is range-bound and trading in the middle of a triangle/range after control rollover to the 12-18 contract this morning, telling me to fade the breakouts, buying low, selling high, avoiding the middle, and focusing on failures for the most reliable trading opportunities tomorrow morning...

Euro Day Trading Strategy

Euro is bullish with a strong move higher, sending us right back into the range we spent most of last week rotating inside…


The momentum is clearly bullish, telling me to look for buying opportunities at support levels such as the low of this channel, but the trading-range is an important reminder to avoid trading breakouts above the range and focus on buying opportunities below the range tomorrow morning...

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