Recipe for the Perfect Trade

We’re getting prepped for Friday’s trading session, and with overlapping candles and flat moving-averages, we know these markets are balanced and sideways…

And that makes our job easy for tomorrow morning – we want to buy low, sell high, and avoid the middle of those ranges…

And to get us ready for battle, here’s my breakdown of the recipe for a perfect trade on Friday morning – are you ready?

Crude Oil Buyers Waiting to Buy the Dip

Crude Oil is bullish into a wide trading-range, which tells us to look for buy set-ups below the range using seller-failure patterns…

But hopefully we get a DEEP pullback below the range, because we have the low of a Hidden Channel waiting down there to help us buy into the stops of the counter-trend sellers.

E-Mini S&P Buyers Want That Expanding Triangle

E-Mini S&P is bullish and trading sideways inside a range, which tells us to look for buy set-ups underneath the low of the range on Friday morning.

Knowing this, I’m looking for key support levels below the range, and I have my eyes on the low of an expanding triangle – I just hope we get the pullback!

Nasdaq Bears Trying to Take Control, But Will They?

Nasdaq is bullish overall, but a recent “spike” lower tells me us to respect the short-term momentum going lower before looking for buy set-ups to re-test the highs.

And to do that, I’m going to be waiting for the sellers to finish their ‘2-Try Rule’, and then look for a nested failure for the entry going higher again.

Gold Has Room to Run, But I Need PROOF First!

Gold is bullish with a Spike & Channel pattern, which tells me to look for buy set-ups down at the base of the original channel…

We also have a lot of open space above us, and this market does look hungry for more – but I need to see PROOF first, so I’m waiting for a 123-Breakout for additional buy set-ups as we make another leg higher.

“Don’t Let Yesterday Take Up Too Much Of Today.”