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
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.
Knowing which butterfly to trade around a binary event can be the difference between max profit and max loss. I also love getting into trades that only have risk in one direction. Let’s look at one of the best ways to do that.
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.
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
In tonight’s free video we look at an old suggestion, a current suggestion, and one I’d like to start getting into tomorrow.
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.
How did the API and EIA release effect our long position in crude? The battle at 50.00 to 50.50 requires a little x-ray vision. Tutorials, Spreadsheets, Learning Center, Forex analysis, Elliot Wave analysis, & more. Learn more. Have you watched .
Patience tomorrow. The market did not react to Yellen and Draghi. It’s waiting on Non-Farm Payroll. But there’s plenty on my radar. End of Day Session The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow …
Let’s get right to it. Setups and levels all explained and ready for entry. Which time frames are going to be best for the Nikkei and Dow buys? Here they are. Also, I’ll show you what crude oil is signaling. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you … Read more