Stop Missing the Best Trades | Crude Oil, Emini, Nasdaq, Gold & Euro
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We are what we repeatedly do. Excellence, therefore, is not an act but a habit. – Aristotle
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Crude Oil is bullish with a strong run higher, but testing last week’s high is a horrible spot to start buying, so I’m waiting for a pullback down to a key reversal-line support area tomorrow morning…
E-Mini S&P is bullish with a trading-range, so I’m continuing to look for buying opportunities using the ‘2-Try Rule’ below the range…
Nasdaq is bullish with a 123-Reversal pattern, so I’m waiting to get long off a pullback to a new hidden channel…
Gold is bullish with a Spike & Range pattern, telling me to look for buying opportunities at support levels, and I have my eye on the low of a hidden channel…
Euro is bullish with a trading-range, telling me to look for buying opportunities using seller-failures and the ‘2-Try Rule’…
We have some strong trends, some lazy ranges, and plenty of reliable trading opportunities setting up for tomorrow’s trading session…
Crude Oil Day Trading Strategy
Crude Oil is bullish with a strong run higher, bull channel, measured-move, and reversal-line on the chart this evening…
The bull trend finished very strong, all the way up to the measured-move…most likely with sellers exiting positions as price re-tested last week’s high…
Any time I see a strong move like this, I know the odds of a ‘2-legged pullback’ before a re-test of the high are very good…
So I’m waiting for a pullback and watching levels of support, such as the .71 trend-line and the low of this channel…
It’s also important to remember that whenever we see this much movement in one session, the following day is likely going to become a range, so keep an eye out for double-tops and then start fading those bear breakouts when you see it tomorrow morning…
E-Mini S&P Day Trading Strategy
E-Mini S&P is bullish with a trading-range, hidden channel, and measured-move on the chart this evening…
The trading-range has a bull bias, telling me to look for buying opportunities using seller-failures and the ‘2-Try Rule’ at support levels…
And I have my eyes on the same battle-zone area from last night’s newsletter, which also includes a hidden channel…
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E-Mini Nasdaq Day Trading Strategy
E-Mini Nasdaq is bullish with a 123-Reversal, bull channel, support trend-line, and measured-move on the chart tonight…
The 123-Reversal tells me that sellers are going to be getting out of their positions, most likely sending price higher on strength…
Which is important because it tells me to get aggressive with my entries going back to re-test today’s high…
I don’t want to chase the market higher, would prefer to buy at support, so I’m waiting for the pullback and will use the channel, swing-low, and support trend-lines for reliable trading opportunities tomorrow morning…
Gold Day Trading Strategy
Gold is bullish with a Spike & Range, hidden channel, and measured-move on the chart this evening…
The Spike & Range is bullish, telling me to look for buying opportunities using seller-failures at support levels below the range…
And I can see this hidden channel (drawn off the highs) to use as key support for a seller-failure pattern for buying opportunities tomorrow morning…
Euro Day Trading Strategy
Euro is bullish with a trading-range, resistance trend-line, and measured-move on the chart this evening…
The trading-range has a bull bias, telling me to look for buying opportunities using seller-failures below the low…
And I need to buy as low as possible because the resistance trend-line coming overhead is going to keep buyers from getting too aggressive…
So my goal is to find buying opportunities using support levels, such as the measured-move to keep from buying into this trend-line tomorrow morning…
