Archives: Daily Videos
Little by Little
Wow, what a crazy day today and little by little we go lower. In this video we look at today’s free fall and look at the damage being done to the structure of the market. We once again find ourselves in a pivotal point of a bounce or failure and I think that even if we bounce, we fall further. How do you trade this mess and can you actually make any money in this type of market? We look at more examples of day trades that are working and risking very little money.
Home Building Bears
Top down analysis is one of the best things you can add to your trading decisions. With that in mind let’s review ITB and some of the selling that may be in store for HD and LOW.
Vixpiration = Volatility
Today the VIX Expiration & Friday the OPEX. Things came unwound a bit today so let’s make a plan based on what we see and know.
Nail the Break Strikezone methodology up 20K
Yesterday evening we re-engaged in our long-term NQ shorts and rode the Nasdaq 700 points and counting with a PnL surpassing 20K — with more on the table. Check it out.
To Squeeze Or Not To Squeeze?
Short squeeze attempt is in play, let’s stay cautious with it, but the targets are higher. Let’s review some plays on the idea.
Bounce or Bottom?
In this update, I focus on how to trade what you see and let that map to the trades you make. Today’s session staged quite a rally. But are rallies in downtrends a bottom or an opportunity to short the rally? I will show you that we follow the trend until it ends and how I confirm trends.
US Dollar Trades.
The pullback in the US dollar opened the door to two setups as we look to stick with US dollar strength. The indices bounced but there are three markets that are more telling of whether indices have truly bottomed out and none of those three symbols were confirming. I talk about what those are and how to gauge the moves we are seeing in this still very hawkish environment.