We’re getting prepped for Friday’s trading session, and with the holiday on Monday, we know tomorrow is most likely going to be a short, but explosive trading session – let’s get ready! Crude Oil is bullish with a strong spike higher, so my plan is to wait for buying opportunities after a ‘2-legged […]
Continue readingWhy is the pendulum swing so important? Because it gives me the perfect locations to look for buying and selling opportunities back and forth from top to bottom of a trading range.
Continue readingWhat’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.
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