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Monthly Archives: December 2020

December 10, 2020

Are Sellers Out of Options? (Friday’s Trade Plan)

Are Sellers Out of Options? (Friday's Trade Plan)

We’re headed into Friday’s trading session, and with most of our favorite markets trading sideways within ranges, I’ll be looking for breakouts and failure patterns on the charts tomorrow morning…

Speaking of the charts, it looks like sellers on Gold and Emini ES are running out of options to keep this week’s momentum running lower…

Knowing this, I’ll be looking for ways to trap sellers around the edges of the ranges for a short-covering rally tomorrow morning. Are you ready?

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December 9, 2020

‘Pendulum Swing’ Strikes Again! (Thursday’s Plan)

‘Pendulum Swing’ Strikes Again

Heading into Thursday’s trading session – we have the biggest news of the week scheduled just before the opening bell, and we’re anticipating an update from the FDA regarding COVID Vaccines. Anything is possible tomorrow morning…

But the biggest clue I see, are how well the markets are respecting the pendulum swings above/below the weekly trading-ranges. I’m going to use those levels for the best entries and exits tomorrow morning. Are you ready?

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December 8, 2020

Pull the Trigger with Confidence on Wednesday

Tomorrow might be the middle of the week, but this party is just getting started…

With markets anticipating new Vaccine and Stimulus updates, along with a sense of urgency ahead of the Holiday Season, I’m excited for Wednesday’s opening bell…

The most important factor going into Wednesday will be staying patient for the best entry setups. We had some big runs on the charts over the last couple days, so the key will be staying patient for the best precision entries. Are you ready?

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December 7, 2020

4 Momentum Trades for Tuesday (Entry Timing is Key)

4 Momentum Trades for Tuesday (Entry Timing is Key!)

We’re back to our desks for the 2nd week of December, and we have a busy week ahead of us.

With virus cases climbing, stimulus talks on Capitol Hill, and daily vaccine updates, there’s no shortage of market-moving events this week…

Looking at tomorrow, the Eminis and Crude Oil are trading back and forth inside a range, while Gold made a strong run higher.

The most important clue, however, are the big momentum swings we saw on the chart. With all this momentum, timing the entry will be more challenging, so I want to make sure you’re prepared…

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December 3, 2020

Non-Farm Payrolls, My Trade Plan for Friday

Non-Farm Payrolls, My Trade Plan for Friday

Tomorrow is the first Friday of December, which means we have our biggest news event of the month, Non-Farm Payrolls released just before the opening bell…

Anything is possible after this news is released, and since Friday’s are usually more volatile than other days of the week, I want to make sure we’re ready for all the best setups. Here’s my trade plan for Friday…

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December 1, 2020

Ready for the Reversal? (Wed’s Trade Plan)

Are You Ready for the Reversal?

December might be one of the coldest months of the year, but these markets didn’t waste any time getting warmed-up today…

We saw big moves across all markets today; Gold and the Eminis ran higher, while Crude Oil collapsed and tumbled lower…

With such big moves on the charts, it’s tempting to start looking for reversals, but before we commit to the opposite direction, let’s make sure we have the most reliable patterns to trigger the entries. Here’s my plan for tomorrow…

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