Archive

Monthly Archives: October 2021

October 28, 2021

This Trade Could Make My Entire Week (Don’t Miss It!)

Trades like these don’t happen every day…

The Emini just completed its pendulum-swing target up at all-time highs, and with today’s range acting like a magnet below us, I’ll be looking for a reversal…

Speaking of reversal – Nasdaq sold off into the close this afternoon, and I’d love to short a “breakout-pullback” using the bottom of today’s range…

Don’t forget Crude Oil – bulls just completed a measured-move into (3) major resistance levels above the weekly range. Everything says short, I just need the signal…

Lots of ranges on these charts tonight, and lots of trades we don’t see very often. Any one of these could make your entire week – so make sure you watch!

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October 27, 2021

Why Can’t I Focus on One Trading Strategy?

Here’s the question I got a few weeks ago…

“I’m trading too many strategies — I have the bad habit of changing strategies too often. I probably could be successful if I just focused on one strategy and put in the time, but I’m always getting distracted by other strategies, other markets, new indicators, etc..

I like variety, I love to learn, but I’m wasting time, losing money on my trades and I gotta get focused and on track – How do I break this bad habit?

Why is it so hard to focus and master one trading strategy? I’ll show you why, and give you a 3-step process to break that bad habit in tonight’s video.

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October 26, 2021

This “Hidden” Range Holds the Key to Profits

Something smells “fishy” on these charts tonight…

Both the Emini and Nasdaq are bearish going into Wednesday, but the way we finished the day tells me something’s not right…

Feels like there’s a “hidden” range on this chart for tomorrow, and that holds the key to finding the best entries and targets – let me show you…

Crude Oil is easy – sellers are looking for ways to “trade the turn” off the highs of today’s trading-range, and I have some awesome trades to look for…

Don’t touch these markets until you watch tonight’s video – your trade account will thank you!

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October 25, 2021

This Reversal Feels Like a Trap (Here’s a Better Trade)

Last week of October, let’s make it count!

The Emini and Nasdaq are both bullish right now and I’ll be looking to trade breakouts, pullbacks and reversals (with the right setup)…

Crude Oil is bearish and looks good for a short (at first glance), but look closer at the chart and you’ll see why this reversal smells like a trap…

Don’t miss tonight’s video – ‘end of month’ is always one of the best weeks to be trading and you don’t wanna miss these trades on Tuesday…

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October 21, 2021

Finally! I’ve Been Waiting for this Trade All Week!

Heading into Friday’s trading session, and we have one of my favorite trades setting up as we speak…

The Emini and Nasdaq are both range-bound right now, and with this afternoon’s selloff into the close, we know bears will be looking for ways to “finish the rotation” tomorrow morning…

Gold is also range-bound, and even though buyers have momentum, it’s easy to see why the “easy money” will be for the sellers tomorrow…

But there’s ONE TRADE that I’ve been waiting for all week – you’ll regret missing this one for sure. Let me show you…

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October 19, 2021

2 Ways to Trade this ‘Melt-Up’ Reversal

Can anything stop these melt-up markets?!

Both the Emini and Nasdaq continued to “melt” higher on low volume today, finishing the session at major resistance levels on the chart…

The bulls clearly have control — but these low volume moves, combined with multiple resistance levels tells me the “easy money” will be the sell side…

Selling? Isn’t this too bullish? Yes. So we have to pick our spots wisely…

I can’t force the trades short, so I’ll be looking for my (2) favorite reversals patterns to trigger the entry. You don’t want to miss these on Wednesday…

And don’t forget Gold – sellers have control after a 2-try reversal off today’s high, and I have my eyes on some easy shorts off the high of a new bear channel…

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October 18, 2021

3 Best Pullbacks (and a Reversal) for Tuesday

I don’t wanna chase this move higher – so where’s the best pullback entry?

Buyers made strong runs higher (without any deep pullbacks) on the Emini and Nasdaq today, telling us to be looking for entries on the next deep pullback…

Deep pullback? How deep? What If it doesn’t? What’s the entry trigger?

Not to worry – I have (3) pullback setups (and a reversal) on my radar, and I’ll cover all the details in tonight’s video…

Wait – what about Gold? Gold is bearish and trying to retest last week’s low, but there are some obvious traps I need to avoid before I can trigger the entry…

I’ll show you when and where I’m looking for the short in tonight’s video…

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October 13, 2021

Why Can’t I Stop Chasing Trades? (3 Steps to Break the Habit)

Why Can’t I Stop Chasing Trades?

One of the most common problems a new trader faces is the bad habit of chasing a trade…

Just recently, a new student of mine asked me a very common question, which was “Joe, why can’t I stop chasing trades?”

Chasing trades is a bad habit to get into for a new Trader, and the secret to breaking this bad habit boils down to (3) three simple steps…

(1) You have to understand how ‘rotation’ works in the markets
(2) You have to learn what a good entry looks like, and…
(3) You have to know how many good trading opportunities you’ll get each day

Learn to master these three steps, and you’ll have no problem breaking the bad trading habit of chasing trades.

I’ll show you how to overcome this bad habit in today’s video and this article…

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October 12, 2021

Watch for THIS Breakout on Wednesday!

Pro Traders Watching for THIS Breakout on Wednesday

Hope you enjoyed the Holiday break, but it’s back to work with a busy week of news and trading opportunities ahead of us!

Big news on the schedule tomorrow has our favorite markets trading inside ranges this evening, which means we’re looking for breakouts (and failures) on Wednesday…

Remember – ranges act like magnets, so failures around the edges of the range will be the easy winners. And when it comes to the breakouts, there’s ONE breakout that gets me most excited on the Eminis and Gold. Don’t miss this one…

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