Momentum is playing a key role in my trading strategy for Friday morning – with Gold, Oil, and E-Minis all finishing today’s session with strong impulse moves…
Those momentum moves tell me exactly what type of set-ups I want to be looking for tomorrow, but Friday mornings different than other days of the week – it’s all about MINDSET – are you ready?
Continue readingWe had a lot of deep pullbacks to finish today’s session, and one question on my mind going into Wednesday morning – is this a pullback or a full reversal?
The answer to that question is important, because a reversal tells me I should be selling this move lower on Oil and the E-minis, and buying this move higher on Gold…
So what’s the trick? How do you know if this late-session move is a pullback or is it a full-blown reversal? And what’s the best strategy? I’ve got you covered in tonight’s newsletter – are you ready?
Continue readingOil and Nasdaq are back to their weekly ranges, E-Mini S&P looks ripe for a re-test of all-time highs, and Gold is trying to pull the “Rope-a-Dope” on the trend-followers…
And don’t forget, Monday is Veteran’s Day so we gotta make every set-up count on Friday morning – are you ready?
Continue readingMarket context is the ONLY real “holy grail” for day trading, because the right context turns even the worst entry patterns into winners, while going against the context will cause great setups to fail – do you know the context of the market YOUR trading right now?
Continue readingExpanding triangles are one of my favorite ways to trade range-bound markets, but remember, the wider the triangle gets the more momentum is involved and we need to adjust our entry setups accordingly – but not to worry, I have a great plan of attack – are you ready for tomorrow?
Continue readingThe Rule of Three is a reliable way to time your entry into the pullback off a major high, but the real key is combining it with reliable support and resistance levels and the proper entry set-up, are you ready for this?
Continue readingNon-Farm Friday is the biggest news event we get each month, which means tomorrow is a big opportunity to finish the week and start November on a high note…
But we’re seeing a lot of RANGES on the charts this evening which can be tricky to navigate if you don’t have the right strategy…
So let’s review the best set-ups to look for, but more importantly, the biggest traps you need to avoid to finish the week in the green – are you ready?
Continue readingTomorrow may be Halloween, but for professional traders, it’s “Reaction Thursday”, the day after the FOMC Announcement, and a day usually filled with trading opportunity…
And my job tonight is to get you ready for (5) five reliable patterns and entry set-ups that I’m watching for tomorrow morning – are you ready?
Continue readingThe FOMC Announcement is one of the biggest reports we get as traders, and it requires us to keep an eye on the time and pick only the best entry setups. Are You Ready?
Continue readingSpike and Range chart patterns are easy to trade with the right strategy, the key is to fade the breakouts using the right entry patterns at the right locations. Are You Ready?
Continue reading