Not all markets are reversing. Some are simply going to deeper corrections. How do you tell the difference and how do you know when and what strategy to shift to? I show you in this video, along with the four main markets we are trading now.
In markets like what we saw this week, the fear of missing out can really creep up on a trader. But, if you know what you’re looking for, two to three well-timed trades sure beats a day of constant fishing. Let’s see what that looked like via the market internals and review where we stand … Read more
When’s the last time we have seen price action like this? Frankly, it’s a toss-up between never (Monday’s sell-off was a record-breaker) and about a decade (think 2007-2008). It’s not necessarily that the markets we are trading have to be changed. It’s the time frame. Here’s how I make that adjustment.
This market has followed the same pattern that we discussed at the beginning of the week. That means this is what to look for on Friday.
This pattern is very distinct and doesn’t happen very often. The key at this point is to recognize it and not get sucked into the wrong side of this trade.
The shockwaves of the Friday and Monday sell-off in equities has reached into commodities and currencies. Once intact trends are transitioning. In this video, I show you 1) How to read these transitions and 2) How to use intraday Darvas patterns to trade them with less risk.
While the market is still feeling the impact of the move yesterday, there were plenty of ways to navigate around the equities which are still acting outside normal price action ranges. I also discuss how to use and get the most out of the futures alerts.