Archive
Monthly Archives: April 2020
April 30, 2020
May Day Trading Strategy – Five Best Setups for Friday
Don’t let tomorrow’s holiday fool you – the markets are filled with opportunity as we begin a new month of May on Friday morning…
Speaking of Friday, Gold and Emini ES are collapsing with big open spaces to run, while Crude Oil is holding strong just below the 20 target – are you ready for May Day? Let’s go!
Continue reading April 29, 2020
Trading on Strength – 3 Patterns I Trust Most
Optimism appears to have taken hold of these markets, because everything “caught a bid” ahead of today’s FOMC Announcement and they never looked back…
With Crude Oil, Eminis and even Gold showing us strong bullish sentiment going into the end of month, I want to make sure we’re ready for bull breakouts, sideways ranges, and DEEP pullbacks off these fresh highs – are you ready?
Continue reading April 28, 2020
FOMC Trading Strategy – SetUps to Watch Wednesday
We’re headed into the FOMC Announcement on Wednesday afternoon, which means we need to find the best setups before lunch tomorrow morning…
More importantly, the charts are messy tonight, and I can see a handful of traps you’ll need to avoid if you’re going to end tomorrow in the green – are you ready? Let’s go…
Continue reading April 27, 2020
Is It Safe to Buy Here? 4 Must-Follow Trading Rules
We’re headed into the last week of April, and with major earnings due out this week, there’s likely going to be some excellent trading opportunities…
Oil is bearish, while the Gold and Emini es are bullish, but when I look across these charts tonight, I keep asking myself – “Is it safe to buy here?”
Continue reading April 23, 2020
Riding the Oil Rally, 3 Setups for Friday
Markets got a boost from a rising price of Oil today, and we’re expecting Oil to continue to “lead the way” into Friday’s close.
Speaking of Friday, tomorrow’s the final Friday of the month, which means extra volatility and more opportunity for us day traders? Are you ready? Let’s go…
Continue reading April 21, 2020
Trading Crude Oil to ZERO – Is It Possible?
The price of Oil keeps tumbling lower, dragging down the Eminis and Gold along with it, but today’s close on Oil tells us we may have seen a bottom…
The problem is, with Oil trading near ZERO, it’s easy to see traders pushing it lower into tomorrow’s trading session, dragging the rest of the markets with it, and I want to make sure we’re ready to trade it – here’s my plan…
Continue reading April 20, 2020
Crude Oil’s Market Mistake, And How to Trade It
We didn’t waste any time getting this week started; the Emini pumped and dumped, Gold caught a late-session bounce, and the Oil market tumbled nearly five dollars lower into a market mistake off the lows…
That market mistake is a big clue, telling me where to find my next trade – did you see it too? Let’s take a look…
Continue reading April 16, 2020
Re-Opening the Economy; My Plan for Friday
We have a lot of ranges on the charts tonight, which usually means I’m buying low, selling high, and focused on failure patterns tomorrow morning…
But with big news about the re-opening the US economy likely to be released this evening, I also need to be ready for 123-Breakouts and crown reversals – lets go…
Continue reading April 15, 2020
Better Entries & Exits Using the Pendulum Swings
Markets are range-bound going into the end of this week, and with OPEX just around the corner, I’m expecting increased volatility and lots of great trade set-ups…
Speaking of set-ups – whenever I see a range, my plan is to buy low, sell high, and focus on failures around the pendulum-swings on the chart – here’s how…
Continue reading April 14, 2020
Capitalize on FOMO – These “Traps” Work Best
These markets were on a mission today – with bulls getting aggressive on the Eminis and bears hammering Crude Oil lower…
With all this strong momentum in the markets, its clear people are suffering from FOMO, which means there will be easy opportunities to capitalize on their mistakes – are you ready? Let’s go…
Continue reading