Was today’s activity in the indices too quick for you to trade?
Keep in mind that if you are going to consider any countertrend trades in the indices … you have to be nimble and quick to GTFO when it STOPS going down!!
list of daily videos
Keep in mind that if you are going to consider any countertrend trades in the indices … you have to be nimble and quick to GTFO when it STOPS going down!!
As the focus turns to earnings, especially with AMZN coming up on Thursday, we don’t want to forget about these potential big movers in the background.
The week gets central bank heavy starting tomorrow, but first, we take a detour into Senate shenanigans, or “politics,” and the Australian CPI and what setups look good there. Hint: There are two! The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and Forex setups. … Read more
Again, this is a question that no one can answer for sure, but you can STILL make money on SETUPS while you are waiting. I like the NFLX setup that signaled this morning.
As bad as TSLA looked last Friday, it did end up holding above key support and firing off NEW buy triggers in today’s session. The update includes the hurdles and initial upside targets for this trade setup.
With the weekend news and today’s price action, did something important just change or is it more of the same?
It’s a little bit of wait-n-see, however, I am also managing our current open winners. Not to rest on our laurels, I am keeping my eyes open for what today’s weakness is showing us for more entry opportunities in the indexes. But I will be sure to keep an eye on the extra active earning’s … Read more
It’s a mindset and it’s the best way I know to stay in the game. There are no “good” and “bad” days. Just adapting and calibrating to what you see. And when you are neutral like that about price action, the opportunities show themselves.
It’s easy to get caught up in the news, but this particular market knows all. This is what I’m getting ready for over the next several weeks.
Crude oil, Nasdaq, and the Canadian dollar volatility. Here’s how I am viewing our current book. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and Forex setups.