September 12, 2018

Rollover Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro

“In any situation, the best thing you can do is the right
thing; the next best thing you can do is the wrong thing; the worst thing you
can do is nothing.”  – Theodore Roosevelt
Crude
Oil is bullish
with a triangle pattern, so I’m looking for buying
opportunities using seller-failures below the range tomorrow morning…
E-Mini
S&P is range-bound
with a bull-bias, so I’m looking to buy this market
using seller-failures and the ‘2-Try Rule’ below the range lows…
Nasdaq is
range-bound
with a triangle pattern, telling me to focus on failures for
the most reliable trading opportunities…
Gold is
bullish
with a strong Spike & Channel higher today, telling me to look
for buying opportunities using a ‘2-legged pullback’, and I have my eyes on a
key reversal-line support level for tomorrow morning…
Euro is
range-bound
and trading at the high of the range, and I’m looking to short
this market back down to the lows using a hidden channel…
Tomorrow is Contract
Rollover
for many futures markets, but that’s not going to stop us from finding
some reliable trading opportunities
for Thursday

Crude
Oil Day Trading Strategy
Crude Oil is bullish with a range and measured-move
on the chart this evening…
The range has a bull bias, telling me to
look for buying opportunities using a seller-failure pattern and the ‘2-Try
Rule’ below the lows, and…
What better plan to look for those buying
opportunities then off the $70 round number and the measured-move waiting below…
E-Mini
S&P Day Trading Strategy
E-Mini S&P is bullish with a triangle
and measured-move on the chart this evening…
The range has a bull bias to it, telling me
to look for buying opportunities using seller-failures below the range low,
while…
The measured-move will make for excellent
target if these bulls can get a successful breakout-pullback to new highs tomorrow
morning…
E-Mini
Nasdaq Day Trading Strategy
E-Mini Nasdaq is range-bound with a triangle
and pair of measured-moves on the chart this evening…
The triangle/range tells me to fade the
breakouts using the ‘2-Try Rule’, while the measured-move provides additional support
and resistance to use for the failure patterns…
Gold
Day Trading Strategy
Gold is bullish with a strong run higher, Spike
& Channel, reversal-line and hidden channel on the chart this evening…
The strong run higher is the biggest clue,
telling me that any pullback will most likely be a buying opportunity going
back up to re-test the high, and…
The Spike & Channel pattern we see tells
me to expect a DEEP pullback to allow buyers to “catch up” with such a strong
move…
So I’m watching for support levels for buying
opportunities, and there’s no better plan than the reversal-line at 09.7 or the
low of this hidden channel sneaking up on us from below.
Euro
Day Trading Strategy
Euro is range-bound with a range, and ‘2-Try
Rule’ on the chart this evening…
As discussed in last night’s newsletter,
yesterday ended in a range, so the plan today was to fade the breakouts – selling
the high and buying the low using the ‘2-Try Rule’…
And as you can see we’re run up to the
highs, the buyers have tried twice, and now we’re looking for selling-opportunities
going back down into the range…

My plan is to look for a strong push lower,
then look for selling-opportunities off the high of a hidden channel tomorrow
morning…
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