This Is The Way
Daytrading this environment continues to yield both opportunities and results. In this update, I share the trades from this morning using HPMRs and why the macroeconomics suggests we need to stay nimble.
list of daily videos
Daytrading this environment continues to yield both opportunities and results. In this update, I share the trades from this morning using HPMRs and why the macroeconomics suggests we need to stay nimble.
Let’s discuss what SpaceX and trading have in common. $SPX and markets remain in a wide and volatile trading range. In this video we will review the key levels and the adjustments necessary to trade the box.
In August and September, there is little reason to be bearish; in fact, there has been little reason to be bearish all year. But there is reason for caution. In this update, I walk through how to deal with the chop that could still affect September and the monetary policy uncertainty that continues to hamper follow-through.
The Voodoo Lines have a few different personalities, but one of my favorites is that of being magnetic. We covered this early in the week for SPX. Let’s look at it tonight for a view on MSFT.
Tomorrow we get the NFP report and with it the number that matters this week. Let’s talk through what I plan to try and do with it.
In this video I walk through MSFT on the Daily and Weekly Chart and discuss several different trade ideas to consider taking for a potential bullish move higher as well as a line in the sand to cut the trade if it reverses.
Since our last update things have changed quite a bit as a result of the last news event. With that we will need to also raise our line in the sand as well as next targets.
The bulls have made progress over the last few days, but they aren’t out of the woods just yet. Should they continue to stabilize the charts, here’s two squeezes that are poised for moves higher.
When I highlight inverse H&S, I think they look like “Stewie: from family guy. Many of these patterns worked great today.