The best trades always have plenty of “open space” for the target, but tonight these “tight spaces” tell me to be a lot more precise with my entries on Friday morning.
Continue readingCounter-Trend trades aren’t made for rookies because they require us to wait for the precise time to enter the market when the trend-followers find themselves out of options and ammunition!
Continue readingMomentum is the most important word in the trader’s vocabulary because it not only tells me direction, but when the momentum changes, it tells me exactly which entry pattern will work best for each situation.
Continue readingthe secret to earning consistant profit with trend reversals is to (a) find a key turning point, (b) respect momentum, and (c) wait for the opposite side of the market to confirm they’ve entered, then finally (d) run those stops to fuel the reversal in the opposite direction!
Continue readingWe saw some BIG RUNS in today’s session, but it looks like a few of these markets have reversed momentum, which usually means there will be opportunities to “trap” the trend-followers on the wrong side tomorrow morning.
Continue readingMarkets are heating-up going into Tuesday’s session — and with some big “blow off” patterns on the chart tonight, I have the perfect plan to help us find the best trades tomorrow morning.
Continue readingWhen is the best time to “run the stops”? First, look for a shift in the market’s momentum. Second, look for a technical level that prevents the trend from continuing. Third, wait for the trend-followers to get stuck in a bad trade so you can attack those stops!
Continue readingThe most effective way to avoid losses is to follow a set of rules, focus on the process, and avoid trading with instincts.
Continue readingWe have some easy clues on the chart tonight, specifically some double-tops and double-bottoms telling us exactly where the best trading opportunities will be for Wednesday’s trading session, so don’t miss tonight’s video
Continue readingWhy is FOMO such a big deal? Because any time you suffer from FOMO you’re using buying at resistance (instead of support) which means you need a wider stop and a smaller target — and NONE of that sounds like a very good long-term strategy, does it? (read that back again out loud and you’ll see!)
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