December 4, 2018

Gap Trading Strategy

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“Successful and unsuccessful people do not vary greatly in their abilities. They vary in their desires to reach their potential.” 

Crude Oil is bullish with a flag pattern, which tells me to wait for a seller-failure below the moving-average using the high of the channel as key support tomorrow morning.

E-Mini S&P is bearish with a range, so I’m looking to fade the breakouts, selling above the highs with a target down at the lows.

Nasdaq is bearish with a range this evening, so I want to sell the range high using the ‘2-Try Rule’ tomorrow morning.

Gold is bullish with a Spike & Range, so my plan is to buy the low of the range using seller-failures.

Euro is trading sideways with a range, so my plan tomorrow is to buy the low, sell the high and focus on failures.

We’re back in the action once again – this time with a new week, a new month, and a whole helluva lot going on this week which is going to give us plenty of explosive trading opportunities.

Crude Oil Day Trading Strategy

Crude Oil is bullish with a flag pattern tonight.

The bull bias tells me to focus on buying opportunities using support levels, and the flag tells me to use the high of this bear channel as that key support.

My plan is to look for seller-failures below the moving-average, using the high of the channel as support, for a run up to re-test the high.

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish with a trading-range.

The bear bias tells me to focus on selling at resistance, and the range tells me to focus on selling up above the range using the 2-Try buyer-failure pattern.

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E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish and finish today’s session with a range.

The range bear momentum tells me to sell at resistance levels overhead, while the range tells me to use the “expansions” as key resistance to sell into buyer-failures tomorrow morning.

Gold Day Trading Strategy

Gold is bullish and finishing today’s session with a range.

The bull bias tells me to focus on buying at support levels, and the range tells me to use the range “expansions” as key support.

My plan is to wait for a test of support, then look for the sellers to try selling the pullback so I can buy into their stops for a 2-Try Failure pattern going back up to the high.

Euro Day Trading Strategy

Euro is neutral with lower-highs, higher-lows and a flat moving-average – must a range – and when I see a range, I know my plan is simple – buy low, sell high, avoid the middle, and fade the breakouts.

My plan is to use the ‘2-Try Rule’ to sell above the highs and buy below the lows tomorrow morning.

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