Buy the Rumor, Sell the News & 5 Powerful Price Patterns

Markets rallied today on optimism that the US would approve the Coronavirus Stimulus Bill, but with such big moves on the charts, I suspect traders are actually “buying the rumor so they can sell the news” on Wednesday…

Knowing this, my job tonight is to plan for that sharp correction, and be ready with the right set-ups to handle all the momentum – are you ready?

Trading the $3T Coronavirus Stimulus Bill

Markets are eagerly waiting for this new $3 Trillion Coronavirus Stimulus Bill, and my job this evening is to get us ready for all the different set-ups we may see tomorrow…

I see Crude Oil and Emini ES working with ranges, and a strong 123-reversal on Gold, are you ready for the next big move? Let’s go…

Hidden Ranges, Trade the “Snap Back”

Our favorite markets tumbled lower again today, finishing the session in what appear to be “hidden ranges” just off their lows…

Those hard-to-find ranges are a big clue, because with all this bearish momentum over the last couple days, I’m expecting people to get aggressive selling new lows…

My plan is to use those “hidden ranges” as price magnets, waiting for sellers to get caught chasing so I can trade the “snap back” – are you ready? Let’s go…

Overshoot Trading Strategy – Better Levels, Precise Entries

You could tell markets were anxious today because the price-action was filled with narrow ranges and fake-out breakouts…

Those annoying FOBO’s are important clues, because you can measure them and use them as key support & resistance levels for your entry set-ups…

So tonight, we’re talking about how to use “overshoots” to pinpoint the best support & resistance levels I’m watching for Thursday – are you ready?

Trading the Extremes, 3 Setups to Plan For

We saw some incredible price-action today with lots of reliable opportunities, but as I look forward to Wednesday, I can see a challenge on the horizon – we’re trading at the major extremes…

With Gold sitting on it’s weekly low, the Emini and Crude Oil re-testing the blood-bath highs, we assume these price levels have a lot at stake for tomorrow…

Whenever I find myself trading at the extremes, I know I need to stay patient, because rookies will often get too aggressive in these locations, which gives a patient professional the opportunity to capitalize – are you ready? Let’s go…

Price-Action Strategy, Listen to the “Story”

We started the week with another volatile session, telling me to make small adjustments in my trade management, and gets me excited for another great week of opportunities ahead…

But with all this volatility and scary news headlines, it’s easy to lose your focus on what’s important…

The key is to “listen to the story” being told in the price-action, because the “story” provides clarity, and most importantly, it tells me exactly where to find the best set-ups for Tuesday – are you ready?

Trading Non-Farm Payrolls, Are You Ready?

We’re headed into the first Friday of March tomorrow morning, which means it’s time for “Non-Farm Payrolls”, the biggest event of the month!

Looking at the charts, it’s easy to see some easy opportunities to catch traders on the wrong side of the market with “traps” – are you ready? Let’s go…

Failed Breakouts; Time Your Entry Like a Pro

I’m tracking a lot of great trading opportunities for tomorrow, and with lots of sideways ranges this week, my focus is trading those failed breakouts…

Trend Reversal Strategy, 3 Patterns I Trust

Markets got a surprise rate-cut from the FED this morning which led to a complete reversal of yesterday’s trend, and tells me to be watching for some key reversal set-ups on Wednesday…

And since we’re seeing a lot of trend reversals this month, I want to make sure you know the three patterns I trust most for trading them, let’s go…

Don’t Chase Trades, Wait for These Set-Ups Instead

We finished today’s session with strong runs into the closing bell, and it’s tempting to “chase trades” going higher, but that never ends well…

So rather than chasing the market higher, I’m waiting patiently for my most reliable entry set-ups to trade with confidence on Tuesday, are you ready?