Archive
Monthly Archives: February 2019
February 7, 2019
Run the Stops Strategy
When is the best time to “run the stops”? First, look for a shift in the market’s momentum. Second, look for a technical level that prevents the trend from continuing. Third, wait for the trend-followers to get stuck in a bad trade so you can attack those stops!
Continue reading February 6, 2019
Best Way to Avoid Losses
The most effective way to avoid losses is to follow a set of rules, focus on the process, and avoid trading with instincts.
Continue reading February 5, 2019
Double Top & Bottom Strategy
We have some easy clues on the chart tonight, specifically some double-tops and double-bottoms telling us exactly where the best trading opportunities will be for Wednesday’s trading session, so don’t miss tonight’s video
Continue reading February 4, 2019
FOMO Trading Strategy
Why is FOMO such a big deal? Because any time you suffer from FOMO you’re using buying at resistance (instead of support) which means you need a wider stop and a smaller target — and NONE of that sounds like a very good long-term strategy, does it? (read that back again out loud and you’ll see!)
Continue reading February 2, 2019
Trading Chart “Spikes”
We survived the FOMC Announcement, and now we have a handful of large SPIKES on the chart, which are telling us exactly what to look for tomorrow morning. Crude Oil is bullish with spike higher, and with the recent pullback off the highs, I’m waiting for the sellers to try and fail so I can […]
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