Secret to Trading Pullbacks

trading pullbacks

Most of our favorite markets are sitting near their recent highs, telling us to wait for a pullback to buy at key support levels…

And it’s the size, strength, and shape of the pullback that will tell us precisely which entry set-up to use on Tuesday morning – are you ready?

Crude Oil Finished on Strength, But Look Closely…

Crude Oil is bullish with a strong run higher to finish today’s session, telling me to expect a pullback and a re-test of the high…

Knowing this, I’ve identified three key support levels to combine with the proper entry pattern on Tuesday morning…

E-Mini S&P is Trying to Pick My Pocket Tomorrow

E-Mini S&P is sideways and range-bound this evening, telling me to avoid the middle, buy the low, and sell the high tomorrow morning…

And to do that, my focus will be on failure set-ups using the ‘2-Try Rule’.

Nasdaq is Coiled Up Tight (What Are We Waiting For?)

Nasdaq is range-bound with a triangle pattern, telling me to look for trade set-ups around the “edges” of the triangle using the ‘2-Try Rule’ and failure patterns.

The challenge, however, it looks like the Nasdaq is waiting on something – stay away from the middle, and stay patient for the attempted breakouts.

Gold is Still Catching a Bid (Where Should We Buy?)

Gold is bullish with a strong run higher into the closing bell, which tells us the bulls are going to be waiting for buying pullbacks at key support levels tomorrow morning.

Knowing this, I’ve identified four key support levels to combine with the entry set-ups on Tuesday morning.

Euro Has Everything Pointing to the Same Place

Euro is bullish with four major clues ahead of Tuesday’s trading session – all of which are identifying one key location to keep my eyes on for buying pullbacks tomorrow morning.

But if this market runs higher, remember not to chase it, because the 15,000 target is just a few points higher – wait for traps instead!

“To hell with circumstances; I create opportunities.”

    schooloftrade

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