The Post-NFP Market and Entries

USD/CAD and EUR/USD were in play. The time frames I am watching on the indexes are changing as I am looking more aggressively at correction levels to buy. The market is still factoring in a December rate hike, but has anything really changed? The yen is looking good more shorts. All of that and more … Read more

Non-Farm Payrolls = Non-Event

With the markets so extended, it can be tempting to think numbers like non-farm payrolls may shift the tide, but at the end of the day, QQQ closed up $0.20. Let’s look at where today’s non-event left some of our favorite holdings, and some new names to look at for next week.

NQ Resolution

Wednesday night, we covered the concept that the Nasdaq wasn’t lagging, it was waiting to catch up. That plan come through on Thursday, and now we have Friday’s employment data to contend with. Let’s review the path that took us here, and the plan heading into tomorrow’s number.

Pre Non-Farm Payroll Watchlist and Price Action

The Nasdaq joined the party as the market rallied into Friday’s NFP. The USD is holding onto gains at the top of its range, and gold and bonds are sitting at the bottom of theirs. Which markets are ripe for triggers with NFP? Watch to find out. The Spreadsheet of Trades The tabs at the … Read more

Trading With the Trend

The market is showing us a few warning signs, and the argument of being extended is almost a given these days, but I’m keeping things simple, trading with the trend, and using tonight’s analysis to back my decisions. Let’s dive in.

That's as far as you can go!