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Wedge Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

“Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”


Crude Oil is range-bound with a triangle, so my focus is on 2-Try Failure patterns around the swings of the triangle tomorrow morning...

E-Mini S&P is bearish with a trading-range, telling me to fade the breakouts at the highs and lows…

Nasdaq is bullish with a Spike & Range, so I’m looking for buying opportunities using the range-expansion as support tomorrow morning...

Gold is bearish with a Spike & Range pattern, telling me to sell the high using a 2-Try Failure pattern…

Euro is bearish with a wedge, but it’s the hidden channel overhead that I hope to use for selling-opportunities tomorrow morning...

We’re gearing-up for some volatility tomorrow morning - with the end of the week colliding with the end of the month there will surely be some fireworks and profitable trading-opportunities


Crude Oil Day Trading Strategy

Crude Oil is range-bound with a triangle and measured-move on the chart this evening…

The range is a triangle, telling me to fade the breakouts – sell the high, buy the low using a 2-Try Failure pattern, focusing on the swings that make up the triangle…

The triangle also tells me to expect a strong attempted breakout when the triangle gets too narrow (possibly down to fill the weekend gap at 70.71), but unless we see a successful 123-Breakout I would expect price to return back into the range tomorrow morning...

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish with a trading-range, and measured-move on the chart this evening…

The trading-range is the big clue, telling us to buy the low and the sell the high using a 2-Try Failure pattern tomorrow morning...

I’m always looking for support and resistance levels above and below the range to combine with entry pattern – we have a resistance trend-line coming down overhead and the range from yesterday below the range…


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish with a Spike & Range pattern on the chart this evening…

The Spike & Range is bullish, telling me to look for buying opportunities using a 2-Try Failure pattern at support levels below the range low…

I would love to find buying opportunities using the range expansion, combined with the prior swing-lows down around 7650 tomorrow morning...

Gold Day Trading Strategy

Gold is bearish with a Spike & Range, Spike & Channel, and reversal-line on the chart this evening…

The Spike & Range is the only real concrete pattern we have at this point, telling me to look for selling-opportunities using a 2-Try Failure above the highs of the range tomorrow morning...

With the bearish momentum im looking for resistance levels overhead to combine with entry patterns, and I’m watching the potential Spike & Channel, along with the prior swings, including the reversal-line up at 94.6 for a move back down to the re-test the low tomorrow morning...

Euro Day Trading Strategy

Euro is bearish with a wedge, channel, hidden channel, measured-move, and prior week low on the chart this evening…

The wedge is bearish and getting narrower with each new candlestick, telling me to look for selling-opportunities after a relatively deep correction off the lows…

The bear wedge also tells me the target, where the two trend-lines intersect, which lines-up with the prior week low as key support for the bears…


The momentum is clearly bearish, so im looking for resistance levels to combine with entry patterns, and I have my eyes on the high of this hidden channel drawn overhead for a '2-Try Rule' buyer-failure and a move back down to the low tomorrow morning...

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Best Breakout Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

"Cherish your visions and your dreams as they are the children of your soul, the blueprints of your ultimate achievements."   


Crude Oil is bearish with a flat channel tonight, telling us to trade it just like a range, so we’re looking for selling-opportunities using buyer-failures for a measured-move target tomorrow morning...

E-Mini S&P is bearish with a Spike & Range, telling us to look for selling-opportunities above the highs, and I have my eyes on a key reversal-line for the best entries tomorrow morning...

Nasdaq is bearish with a Spike & Range, telling us to look for selling-opportunities using the '2-Try Rule' up above the range high…

Gold is range-bound and sideways tonight, telling us to fade the breakouts using the '2-Try Rule' tomorrow morning...

Euro is range-bound this evening, and I have a combination of a hidden channel and a measured-move to look for buying opportunities below the low tomorrow morning...


Crude Oil Day Trading Strategy

Crude Oil is bearish with a channel and measured-move on the chart this evening…

The channel is bearish, and you’ll notice it’s very flat, almost like a range, telling us to trade it like a range – using buyer-failures and the '2-Try Rule' for reliable selling-opportunities going back down to the low, and…

The measured-move will make for an excellent target for the bears…

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish with a Spike & Range and reversal-line on the chart this evening…

The Spike & Range is bearish, telling me to look for selling-opportunities using buyer-failures above the range, and…

The reversal-line up at 18.50 will make for an excellent resistance level to include with the '2-Try Rule' for selling-opportunities going back down to the lows, with a runner target at the measured-move.


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish with a Spike & Range and measured-move on the chart this evening…

The Spike & Range has a bear-bias, telling us to look for selling-opportunities above the range using the '2-Try Rule', while…

The measured-move is support and makes for an excellent target for the bears.

Gold Day Trading Strategy

Gold is sideways with a trading-range this evening, telling me to avoid the middle while using the '2-Try Rule' to buy the low and sell the high tomorrow morning...

Euro Day Trading Strategy

Euro is sideways with a trading-range, channel, and measured-move on the chart this evening…

The trading-range is most important, telling me to use the '2-Try Rule' to buy the low, sell the high, and avoid the middle, while…


The channel and measured-move both provide support levels just outside the range, which are ideal for timing our entries going back into the range tomorrow morning...

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Do You Know the Objective? | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

“You want to know my secret for success?  Success is achieved when you seek out your weaknesses and turn them into strengths.” 


Crude oil is bearish and trying to complete the pendulum swing before tomorrow morning’s news, and I have my eyes on selling off the high of a key resistance trendline.

E-mini S&P is bearish with a hidden channel telling me to look for buyer failures for selling opportunities off the high tomorrow morning

NASDAQ is bullish and just about to complete a key market objective so I’m looking to stay patient and buy at support levels and have my eyes on the low of a hidden channel for tomorrow morning.

Gold is bullish and trading at the low of a channel, telling me to look for buying opportunities using seller failures below the moving average, and we have a significant opportunity for short covering rally going back to Friday’s high

Euro is bullish with a trading range, and my plan tomorrow is to look for buying opportunities using seller failures below the range low.

Tomorrow is the FOMC Announcement, telling us to make the most of the morning session, and as always, I have a reliable plan of attack…


Crude Oil Day Trading Strategy

crude oil is bearish with a trading range, bear channel, measured move, and pendulum swing on the chart this evening.

The trading range is still our biggest clue on this chart and with the recent rotation of the high of the range were looking for the pendulum to swing back in the opposite direction.

The momentum is clearly bearish telling me to look for selling opportunities at resistance levels tomorrow morning, so I’m looking to use the top of this range and the top of the channel for entry patterns.

The biggest challenge we have tomorrow is making sure if price does push below the range, it needs to be strong enough to convince us that momentum will carry us down to that measured move and complete the pendulum swing, so I will be watching closely to avoid selling little small breakdowns waiting for the large breakdown that we can then use to continue selling at resistance on the way down to the pendulum swing, and possibly all the way down to the weekend gap.

It’s also important to remember tomorrow morning is the 10:30 AM weekly inventory report so remember to set your reminders for 10 AM Eastern time and find those trades the earlier the better.

E-Mini S&P Day Trading Strategy

the E-mini S&P is bearish with a trading range, channel, hidden channel, and measured move on the chart this evening.

At this point, the trading range is the most important clue, with a clear bear bias, it tells me to look for selling opportunities using a two try buyer failure going back down to retest the lows tomorrow morning.
The market is bearish fun looking for resistance levels used for selling opportunities, and no better location to sell than the top of a bear channel, or the high of the hidden channel waiting overhead.

Assuming we can get short at resistance the targets are back down to yesterday’s low at 17.75, with a runner down at the measured move at 14.25.


E-Mini Nasdaq Day Trading Strategy

NASDAQ is bullish with a channel, a trading range, a spike in channel, and a measured move on the chart this evening.

The most important clue on this chart is from earlier this morning the extreme at 7603.50.

It’s important to remember, yesterday’s big bull run climaxed at 7603.50, telling us that we are only a few ticks away from reaching the bulls objective.

The market is clearly bullish, but I don’t want to buy into the objective so I’m looking for more reliable places the buy at support levels tomorrow morning.

Looking for reliable support levels I have below of this spiking channel, and the high of the previous trading range.

If price pushes higher and then looking to use the objective at 7603 as support for rally up to complete the measured move at 22, or possibly the range highs at 32.75.

Gold Day Trading Strategy

Gold is bullish with a channel, trading range, measured move, and potential short covering rally.

Tells me the momentum is firmly on the side of the Bulls, and I want to buy using the low of the channel with the target going back to the highs.

The trading range is also a big clue, we can see a bullish bias going into the trading range, telling me to look for buying opportunities below the low of the range using seller failures and to try rule.

I also want to be prepared for a short covering rally, the sellers that took price lower on Fridays collapsed down, if we see a strong spike higher the Bears may exit positions and this could get really aggressive, sloppy watching for a spiking channel pattern going higher and potential retest of 1215.8 tomorrow morning.

Euro Day Trading Strategy

Euro is bullish with a trading range, bull channel, measured move, and reversal line on the chart this evening.

the trading range has a bias telling me to look for buying opportunities below the range low using support levels tomorrow morning.

Looking for support levels, we have a reversal line around 18,000, the low of this channel is below the range and the measured move is below the range.

My plan for tomorrow is to buy at support using seller failures and I have my eyes on this battle zone.


If price rises higher I can look to sell using the to try rule for the Bears.

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Range ‘Rotation’ Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

"The key to success is to focus our conscious mind on things we desire, not things we fear”


Crude oil is bullish with a spike and range pattern this evening, telling me to look for seller failures using the two try rule for buying opportunities below the range.

E-mini S&P is range bound and rotating off the low of the trading range and I’m looking to buy the low using a key support trendline tomorrow morning.

NASDAQ is bullish and running back to Friday’s big round number and I have my eyes on buying opportunities near the low of a key bull channel.

Gold is range bound and rotating off the high of the range this evening and I’m looking to use buyer failures for selling opportunities back down to retest last Friday’s low.

Euro is range bound with a spike and range pattern tonight telling me to look for buying opportunities using the two try rule below the range low.

We are back in the action for another big week of trading opportunities on our nightly newsletter - we have some strong trends, some trading ranges and a solid plan of attack for Tuesday’s trading session


Crude Oil Day Trading Strategy

crude oil is bullish with a spike and range, spike and channel, measured move, and reversal line this evening.

The range has a bull bias, telling me to look for buying opportunities at support levels below the low of the range.

As for support levels, we have the range expansion along with the pendulum swing, which lines up perfectly with the reversal line at 7140.

All we need now is to wait for price to pull back so we can look for the two try rule going back up to retest the high.

E-Mini S&P Day Trading Strategy

the S&P is bullish with a trading range a support trendline and a weekend gap on the chart this evening.

The trading range is the big clue and you can see with our range expansion levels holding a support we can now assume that the pendulum will swing back in the opposite direction to fill the weekend gap and complete the move up around 2935 tomorrow morning.

The problem is were right in the middle of the trading range, I don’t want to buy the middle I’d rather buy the low of the range at support, so my plan is to use this rising support trendline for more reliable buying opportunities to catch that rotation back to fill the gap.


E-Mini Nasdaq Day Trading Strategy

the NASDAQ is bullish with a trading range, bull channel, and measured move on the chart this evening.

the market is clearly bullish, recently testing its measured move resistance, some looking to buy at support, and I have my eyes on the low of this channel as well as the previous swing at 64 four reliable buying opportunities tomorrow.

as you can see Friday’s trading range including the big round number at 7600 is acting as a key magnet making the objective easy for the buyers.

Gold Day Trading Strategy

Gold is range bound with a bear bias evening…

We have a trading range a pendulum swing a support trendline and a measured move on the chart this evening.

The trading range has a bear bias and tells me to sell using buyer failures above the high of the range.

I can see momentum is pushing prices lower but this support trendline is a little too close for comfort some looking to sell off that trendline for move to finish off the rotation back to the lows.

Euro Day Trading Strategy

the euro is range bound with a bull bias this evening and we have a trading range a hidden channel and a reversal line on the chart this evening.

The trading range has bull bias, telling me to look for buying opportunities below the range low using the two try rule.


With the bulls in control I’m looking to buy at support levels and low of the hidden channel will work as an excellent support level included with the reversal line just above 18,000.

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Quadruple Witching Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

“...maybe sometimes it's riskier not to take a risk. Sometimes all you’re guaranteeing is that things will stay the same.”


Crude Oil is bearish with a wedge that’s almost completed, telling me to look for selling-opportunities after a deep correction off these lows…

E-Mini S&P is bullish with a Spike & Channel, telling me to look for buying opportunities using a deep pullback, and I have a key reversal-line on my radar for tomorrow morning...

Nasdaq is bullish with a spike & wedge, telling me to look for buying opportunities down at the base of the wedge…

Gold is bullish with a flat channel, telling me that DEEP pullbacks will be the best buying opportunities tomorrow morning...

Euro is bullish with a Spike & Channel, telling me to look for buying opportunities down at the low of the channel…

We’re headed into Quadruple Witching tomorrow morning, which means ANYTHING is possible, and as always, I have a solid plan of attack in tonight’s newsletter…


Crude Oil Day Trading Strategy

Crude Oil is bearish with a channel, wedge, and measured-move on the chart tonight…

The wedge tells me the momentum is on the side of the bears tonight, so I need to be looking for selling-opportunities using resistance levels overhead…

The wedge is getting narrower, making it harder for sellers to trade inside it, telling me there will most likely be a correction to allow more sellers to enter the market…

Which is why this channel is so important, giving me the opportunity to sell off the high after the wedge correction… using the measured-move as the target down below…and if we’re lucky, a possible runner down to the prior week close around $69 to finish the session tomorrow morning...

E-Mini S&P Day Trading Strategy

E-Mini S&P is bullish with a Spike & Channel, possible range, reversal-line and measured-move on the chart tonight…

The spike higher tells me the momentum is clearly bullish and I should focus on buying at support levels…

I can use the low of the channel, the low of the range-expansion, and the 33.00 reversal-line as key support levels, with a target up at the measured-move.


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish with a Spike & Range, bull wedge, and measured-move on the chart tonight…

The strong spike higher tells me the bulls have control with strong momentum and I should look for buying opportunities at support levels…

I can see two easy support levels…

The wedge tells me to look for buying opportunities at the base of the wedge…
The trading-range tells me to look at buying the low of the range and the range-expansion level…

Gold Day Trading Strategy

Gold is bullish with a trading-range, channel and measured-move on the chart tonight…

The trading-range has a bull bias, telling me to look for buying opportunities using seller-failures below the lows…

The channel is almost flat, telling me the trend is bullish, but NOT very strong, so I should focus on looking for buying opportunities using DEEP pullbacks…

And knowing that I may see some deep pullbacks tomorrow morning...

Momentum for the bears is going to be a concern, so I need to that tells me to use the '2-Try Rule' to make sure I use the sellers to my advantage…

Euro Day Trading Strategy

Euro is bullish with a Spike & Channel, possible Spike & Range, and reversal-line on the chart tonight…

The big spike higher tells me the momentum is strong and firmly on the side of the bulls, so my focus is buying support levels on pullbacks…


And we have support levels at the low of this channel, possible range, and reversal-line to work with tomorrow morning...

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Stop Missing the Best Trades | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

We are what we repeatedly do. Excellence, therefore, is not an act but a habit. - Aristotle


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…


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...

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Battle Zone Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

“Do not wait to strike till the iron is hot; but make it hot by striking.” - William B. Sprague


Crude Oil is bullish with a Spike & Range, telling me to look for buying opportunities using seller-failures, and I’m watching a key support trend-line coming up from last week for buying opportunities using the '2-Try Rule'…

E-Mini S&P is bullish with a Spike & Range, telling me to look for buying opportunities below the range, and I have my eye on a reversal-line support level for a seller-failure and a run back to re-test the high…

Nasdaq is bullish with a flag pattern, telling me to look for a breakout-pullback using the high of the channel for buying opportunities…

Gold is range-bound and sideways tonight, telling me to focus on failures to buy the low, sell the high, and avoid the middle…

Euro is bullish with a range tonight, telling me to look for buying opportunities using seller-failures below the range tomorrow morning...

We’re expecting to see an up-tick in volume as we head into Quadruple Witching this week, and I have my eye on some key Battle-Zone levels for trading opportunities…


Crude Oil Day Trading Strategy

Crude Oil is bullish with a trading-range, support trend-line, and measured-move on the chart tonight…

The trading-range is bullish after the strong run in the pre-market this morning, telling me to focus on buying opportunities using seller-failures at support levels below the range…

I can’t think of any better support levels than combining this rising support trend-line along with the range-expansion level at .97…

The only concern I have tomorrow morning is TIME… knowing that the weekly Inventory Report is scheduled 10:30am EST and my window of opportunity is much smaller than normal.

E-Mini S&P Day Trading Strategy

E-Mini S&P is bullish with a Spike & Channel, trading-range, measured-move, and reversal-line on the chart tonight…

The Spike & Channel tells me the momentum is clearly bullish, but more importantly, most Spike & Channel patterns give us this nice, DEEP pullback before re-testing the high… so we need to stay patient for that…

The trading-range has a clear bull bias, telling us to look for buying opportunities below the range using seller-failures and the '2-Try Rule'…

And of course, the best buying opportunities always include levels of support, and I have my eyes on the range-expansion support in combination with the battle-zone down around the reversal-line at 07.50 tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish with a flag pattern, measured-move, and GAP on the chart tonight…

The bull flag is a tricky pattern because it looks like the market is bearish with a bear channel, but look left and you can see that strong momentum for the bulls is going to take a LOT MORE than this wimpy pullback to give the sellers the control they need to run back down to the lows…

Knowing the buyers have control, the plan is either to get a deep pullback below this channel, or use a breakout-pullback above the channel tomorrow morning...

And if I’m wrong, and the sellers DO take control, it’s going to be obvious because the bottom will drop out and this price-action will collapse through the battle-zone…

Gold Day Trading Strategy

Gold is range-bound with a triangle, measured-move, and hidden channel on the chart tonight…

The triangle is neutral, no bias, telling me I can trade both sides of this market…

My goal is to buy the low, sell the high, and avoid the middle, using the '2-Try Rule' for the most reliable trading opportunities…

I’m looking for support and resistance levels above and below the range, and the measured-move, hidden channel, and swings on the chart will be my focus…

Euro Day Trading Strategy

Euro is bullish with a trading-range, ‘pendulum swing’, strong bear move, and resistance trend-line on the chart this evening…

The trading-range is bullish from yesterday’s session, telling us to focus on buying opportunities using the '2-Try Rule' at support levels below the range…

The ‘pendulum swing’ is a great support level, showing symmetry from the move above the range, now down below the range…

But the big challenge is this strong momentum for the sellers as this market collapsed off the highs…

Remember – any time you see a strong move in one direction you’re most likely going to see another leg (or at least a strong attempt at one)…

Knowing this, I can’t rely on the usually seller-failure at the moving-average – I need to anticipate that sellers are going to be looking for that, and wait for them to try and trap the buyers before sending lower…


So the plan is to look for the seller-failure at the moving-average, but wait for the trap to fail and buy into the stops of the sellers with a target going back up to re-test the high…

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Short-Covering Rally Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

“Whether you think you can or think you can’t…you’re right.” 
- Henry Ford


Crude Oil is range-bound with a triangle, so the plan is to buy the low, sell the high, avoid the middle, and focus on failures tomorrow morning...

E-Mini S&P is bearish and sitting in a range, and we’re watching the range-expansion resistance levels overhead for selling-opportunities…

Nasdaq is bearish with a Spike & Channel, so we’re looking for selling-opportunities using buyer-failures up near the highs…

Gold is range-bound, and with the $1200 round number down at the low of the range, that’s my target for selling-opportunities tomorrow morning...

Euro is bullish with a Spike & Range, so we’re looking for buying opportunities using the '2-Try Rule' below the range tomorrow morning...

We’re back in the action once again after a Storm-filled weekend, and with Quadruple Witching later this week we know we’ll most likely have some fireworks and lots of reliable trading-opportunitiescoming our way…


Crude Oil Day Trading Strategy

Crude Oil is range-bound with a triangle, hidden channel, and measured-move on the chart this evening…

The lower-highs and higher-lows are a tell-tale sign this market is balanced, sideways, and range-bound – telling us to focus on failures to buy the low, sell the high, and avoid the middle tomorrow morning...

And for added support and resistance levels, I’m also watching the measured-move and low of the hidden channel for more precise locations to find the best entry patterns…

It’s also important to remember tomorrow is the 18th of the month, which is important for Crude Oil because we usually see contract rollover around this time of the month – so we’re watching the volume roll from the 10-18 to the 11-18 and we won’t know which contract we’re trading until we get to our desks tomorrow morning...

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish with a channel, resistance trend-line, measured-move and trading-range on the chart this evening…

The channel tells us we’re bearish and to focus on selling at resistance…

The channel tells us to use “rotation” to sell off the highs, and when you combine the range-expansion, on top of this falling resistance trend-line, we create rock-solid resistance to sell overhead…

Which is good – because the measured-move at 93.50 tells me we’re too low to sell here, so we’re staying patient for price to push higher so we can sell it back down to the lows again tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish with a Spike & Channel, trading-range, reversal-line, and measured-move on the chart this evening…

The Spike & Channel tells me the momentum is on the side of the bears, and that I should be focused on selling at the highs…

Those highs also line up with the 83.25 reversal-line, and the bottom of the short-term trading-range we saw earlier this morning… all of which make for excellent resistance levels to sell with…

And assuming we can get short off resistance, the measured-move is right below the prior week’s low, making an easy target for the seller’s tomorrow morning...

Gold Day Trading Strategy

Gold appears bullish at first glance, but the lack of follow-through on this recent pullback tells me it’s more likely a range going into tomorrow’s session…

The bulls had a strong run higher, but if you watched the price-action this morning you probably noticed there weren’t any decent pullbacks…

That tells me this was a short-covering rally, meaning that it wasn’t the buyer’s who were buying this higher, it was the sellers getting out of their positions from Friday’s drop…

The big clue came on the pullback the moving-average – you can see there weren’t any buyers to be found – an easy clue that buyers never really had control of this market, the bears were just letting the price sleep-walk higher…

Knowing this market appears bullish, but more importantly, the lack of follow-through at the moving-average, I’m expecting there to be sellers waiting for this next pullback to try going higher…

And once we see a signal of failure above the moving-average we’re going to look for selling-opportunities going back down to the 1200 round number tomorrow morning...


Euro Day Trading Strategy

Euro is bullish with a Spike & Range on the chart…

The spike is bullish, telling me the momentum is with the bulls and I should be focused on buying support levels…

The range tells me to look for those buying opportunities below the low using the '2-Try Rule' with a seller-failure pattern…


And as for the target – we’re looking for a re-test of the range high with a runner up at last Friday’s high.

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Hidden Channel Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

“I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.”  - Michael Jordan


Crude Oil is bearish with a Spike & Range, telling me to look for short opportunities using buyer-failures and the '2-Try Rule'…

E-Mini S&P is bullish with a Spike & Range, and the higher-lows I’m seeing on the chart tell me to look for a breakout-pullback using a key trend-line tomorrow morning...

Nasdaq is bullish with a Spike & Range pattern, telling me to wait for seller-failures to buy below the range low…

Gold is bearish with a Spike & Channel, so my plan is to sell into buyer-failures up above the channel highs…

Euro is bullish with a strong run higher, so I’m looking for buying opportunities at support levels, and I have my eyes on a hidden channel tomorrow morning...


Crude Oil Day Trading Strategy

Crude Oil is bearish with a Spike & Range pattern, measured-move, and possible Spike & Channel on the chart this evening…

The Spike & Range tells me the sellers have control and I should focus on selling at resistance levels overhead, but with the lack of new lower-lows I need to stay patient and look to sell up above the range highs…

If price pushes lower, then I start looking for the Spike & Channel, waiting for a strong move lower, and then using the channel to sell of the high…

But I need to beware – because the next measured-move is waiting just a few ticks lower, so the plan is to look for traps…

E-Mini S&P Day Trading Strategy

E-Mini S&P is bullish with a Spike & Range, support trend-line, and measured-move on the chart this evening…

The Spike & Range tells me the bulls have the momentum at their backs and I should focus on buying at support levels, but the lack of buyers to new highs reminds me to stay patient and wait for buying opportunities down near the lows using the '2-Try Rule'…

But if the buyers can push through these highs on STRENGTH, then I can use the support trend-line to buy pullbacks on the way up to the measured-move target tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bullish with a Spike & Range, support trend-line, and measured-move on the chart this evening…

The Spike & Range tells me the bulls have control, but they’re hesitating to buy the highs, giving me reason to wait for buying opportunities below the range lows instead… or wait for a successful breakout-pullback to new highs…

And if the bulls continue this run higher, I have a measured-move waiting for a big target tomorrow morning...

Gold Day Trading Strategy

Gold is bearish with a Spike & Channel, round number, and measured-move on the chart this evening…

The Spike & Channel is the most important clue – telling me the sellers have firm control, but the lack of any real pullbacks has left most of the sellers on the sidelines… and the next pullback will likely be an excellent selling-opportunity…

Assuming the bears keep this momentum going lower, the $1200 round number and measured-move will make for excellent support targets.

Euro Day Trading Strategy

Euro is bullish with a strong run higher, Spike & Range, hidden channel, reversal-line, and measured-move on the chart this evening…

The strong run higher tells me any pullback to support levels will be seen as a buying opportunity…

The lack of follow-thru to new highs tells me this is most likely going to end up going sideways as a range, telling me to buy seller-failures using the '2-Try Rule' below the range…

And the hidden channel drawn off the two highs will make for an excellent support level to use for the entry pattern…


If the buyers can push through the highs we have a measured-move waiting overhead…

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Rollover Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro - YouTube

“In any situation, the best thing you can do is the right thing; the next best thing you can do is the wrong thing; the worst thing you can do is nothing.”  - Theodore Roosevelt


Crude Oil is bullish with a triangle pattern, so I’m looking for buying opportunities using seller-failures below the range tomorrow morning...

E-Mini S&P is range-bound with a bull-bias, so I’m looking to buy this market using seller-failures and the '2-Try Rule' below the range lows…

Nasdaq is range-bound with a triangle pattern, telling me to focus on failures for the most reliable trading opportunities…

Gold is bullish with a strong Spike & Channel higher today, telling me to look for buying opportunities using a ‘2-legged pullback’, and I have my eyes on a key reversal-line support level for tomorrow morning...

Euro is range-bound and trading at the high of the range, and I’m looking to short this market back down to the lows using a hidden channel…

Tomorrow is Contract Rollover for many futures markets, but that’s not going to stop us from finding some reliable trading opportunities for Thursday


Crude Oil Day Trading Strategy

Crude Oil is bullish with a range and measured-move on the chart this evening…

The range has a bull bias, telling me to look for buying opportunities using a seller-failure pattern and the '2-Try Rule' below the lows, and…

What better plan to look for those buying opportunities then off the $70 round number and the measured-move waiting below…

E-Mini S&P Day Trading Strategy

E-Mini S&P is bullish with a triangle and measured-move on the chart this evening…

The range has a bull bias to it, telling me to look for buying opportunities using seller-failures below the range low, while…

The measured-move will make for excellent target if these bulls can get a successful breakout-pullback to new highs tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is range-bound with a triangle and pair of measured-moves on the chart this evening…

The triangle/range tells me to fade the breakouts using the '2-Try Rule', while the measured-move provides additional support and resistance to use for the failure patterns…

Gold Day Trading Strategy

Gold is bullish with a strong run higher, Spike & Channel, reversal-line and hidden channel on the chart this evening…

The strong run higher is the biggest clue, telling me that any pullback will most likely be a buying opportunity going back up to re-test the high, and…

The Spike & Channel pattern we see tells me to expect a DEEP pullback to allow buyers to “catch up” with such a strong move…

So I’m watching for support levels for buying opportunities, and there’s no better plan than the reversal-line at 09.7 or the low of this hidden channel sneaking up on us from below.

Euro Day Trading Strategy

Euro is range-bound with a range, and '2-Try Rule' on the chart this evening…

As discussed in last night's newsletter, yesterday ended in a range, so the plan today was to fade the breakouts – selling the high and buying the low using the '2-Try Rule'…

And as you can see we’re run up to the highs, the buyers have tried twice, and now we’re looking for selling-opportunities going back down into the range…


My plan is to look for a strong push lower, then look for selling-opportunities off the high of a hidden channel tomorrow morning...

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