Category Archives for "Nightly Newsletter"

December 3, 2020

Non-Farm Payrolls, My Trade Plan for Friday

Non-Farm Payrolls, My Trade Plan for Friday

Tomorrow is the first Friday of December, which means we have our biggest news event of the month, Non-Farm Payrolls released just before the opening bell…

Anything is possible after this news is released, and since Friday’s are usually more volatile than other days of the week, I want to make sure we’re ready for all the best setups. Here’s my trade plan for Friday…

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December 1, 2020

Ready for the Reversal? (Wed’s Trade Plan)

Are You Ready for the Reversal?

December might be one of the coldest months of the year, but these markets didn’t waste any time getting warmed-up today…

We saw big moves across all markets today; Gold and the Eminis ran higher, while Crude Oil collapsed and tumbled lower…

With such big moves on the charts, it’s tempting to start looking for reversals, but before we commit to the opposite direction, let’s make sure we have the most reliable patterns to trigger the entries. Here’s my plan for tomorrow…

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November 30, 2020

Failures & Breakouts (Best Trades for Tuesday)

Failures & Breakouts

We’re back to our desks after the Holiday Weekend and we have a busy week ahead of us…

We’re transitioning into a new month of December, we have Jerome Powell testifying on Capitol Hill, and we have a TON of big news on the schedule this week which means there should be plenty of great trading opportunities tomorrow morning…

Speaking of tomorrow, I’m looking to get long the Eminis before we retest last week’s highs, and with Gold and Crude Oil both going sideways, I’ll be focused on failures and breakout patterns on Tuesday morning…

Let me show you where to find the best entries and exits…

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November 24, 2020

Have We Gone Too Far? (Best Setups for Wed.)

Have We Gone Too Far?

We’re headed into the final day of trading before the Thanksgiving Holiday weekend, which means traders will be hunting for the best entry setups before the closing bell tomorrow…

The markets had another strong day today, with big runs on the Eminis, Crude Oil and Gold. It’s tempting to think we’ve gone too far, but not to worry; I can see a bunch of reliable trading opportunities setting up for Wednesday. Let’s get started…

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November 23, 2020

Who Controls This Market? (Why It Matters)

Who Controls This Market?

It’s going to be a short week of trading ahead of the Thanksgiving Holiday on Thursday, but that won’t stop us from finding the best opportunities in the limited time we have…

Crude Oil and the Eminis are both range-bound this evening, while Gold is trying to recover after a massive collapse earlier this morning…

The most important question I’m asking ahead of tomorrow’s trading session is… “who controls this market?” The answer tells us exactly where to find the best entry setups on Tuesday. Are you ready? Let’s get started…

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November 19, 2020

Avoid these Traps on OPEX (Friday’s Plan)

Avoid these Traps on OPEX

We’re headed into Options Expiration (OPEX) tomorrow morning, and with the end of month just around the corner, we’re expecting tomorrow to be a busy day in the markets.

Keep in mind, we’re still seeing a lot of sideways ranges on the charts, which means I’ll be focused on trading failures, breakouts, and avoiding some obvious traps along the way. Are you ready? Here’s my plan…

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November 16, 2020

Trading the 2-Try Reversal (Best Setups for Tues)

Trading the 2-Try Reversal Pattern

We’re back in the action for the 3rd week of November, the last full week of trading before the Thanksgiving Holiday next week, and we have a busy week ahead of us…

Markets didn’t waste any time this morning, spiking higher on news of another COVID Vaccine from Moderna, but failing to close the session at their highs…

This “lack of follow thru”, combined with major resistance levels overhead, and weekend gaps still open below us, I’m going to start looking for sell setups on Tuesday morning…

The challenge is, the momentum is still very bullish, so I’ll have to stay patient and look for entries using the 2-Try Reversal Pattern. Let show you what to look for…

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November 10, 2020

Best Momentum Plays (Holiday Strategy)

Best Momentum Plays for Wednesday (Holiday Strategy)

We’re headed into Veteran’s Day Holiday on Wednesday, but with markets open, and people watching at home, I wanted to make sure you know where to find the best opportunities…

The key to trading a “holiday session” is riding momentum. Markets will be a little slower than normal, but we often get a couple nice moves to trade with. Here’s my plan for the holiday…

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