What’s the key to trade a reversal? First you need to include a key support/resistance level for the set-up. Then you need to wait for the two-try-rule, but the most important part of the trade is the TRAP!
Continue readingCrude Oil is bearish, but look closely at the chart and you quickly realize this might just be a great time to look for longs (with the right set-up) tomorrow morning. E-Mini S&P is bullish with a range, so I’m looking for buying opportunities below the range low using a seller-failure pattern. Nasdaq […]
Continue readingWhy is the market’s objective so important? Because it tells me where my entries need to be, where my best target will be, and most importantly, where to STOP trading and wait for more information.
Continue readingTrading the Spike & Channel Pattern is all about waiting for a deep pullback, followed by a failure set-up for the entry.
Continue readingWe have some strong moves on the charts tonight, but some of these moves appear to be head-fakes, while others are legit – how do you know?
Continue readingHow do you know the difference between a pullback and a reversal? It all boils down to how the price-action reacts to the moving average.
Continue readingThe key to trading NonFarm Payrolls is to give yourself some time after the news is released to see the price-action calm down before looking for trades, and keep an eye on the time because the session usually finished before 11am EST.
Continue readingStrong breakout moves are important because they give us such strong momentum that we can rely on another leg in the same direction. All we need to do is find the entry pattern using key support and resistance.
Continue reading“Learn from yesterday, live for today, hope for tomorrow.” -Albert Einstein Crude Oil is bullish with a short-covering rally, so I’m looking for buying opportunities and I’m watching a reversal-line in combination with the low of a hidden channel for tomorrow morning. E-Mini S&P is bearish and rotating back to the low of […]
Continue reading“By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be. Put your future in good hands — your own.” Crude Oil is bearish with a strong run lower, telling me to expect another leg, so I’m looking at a key […]
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