Bonds, Dollar, and Indices Review
The Euro FX is the setup and where we have to purest play on the dollar.
Archives: Daily Videos
Will Tomorrow Be Painful?
Another wild day after another announcement and the market sells off. But I’m surprised to see that some underlyings held up well. After the dust settles, I want to continue to buy. Tomorrow might continue to be a painful day for anyone long, but I tend to think that things will normalize, and we can go back to buying stronger leaders once again.
Let The Market Lead The Dance
After today’s sell-off, I’m going to let the dust settle and see what held up and then pounce on some buys. I mainly want to focus on NVDA, ZM, CHWY, PTON, and CRM. We’ve seen this type of selling and it seems like it was just a matter of time, right? So, I think the important thing is to manage risk, sit on the sidelines for 24 hours, and just let the market lead the dance.
Managing Time-Based Trading Days
When there are important, market moving events on the schedule, time is as important as price for trading entry and management.
The two specific patterns I’ll be watching for tomorrow
The market got *tweeted* this afternoon. The next candle on the daily chart will dictate how I proceed. Still bullish, but patient, keeping in mind that this is not the uptrend of the preceding months but rather distribution chop, which is far less predictable.
Using Moving Averages Crosses
An improvement on the classic moving average cross is Propulsion (it’s free!) and there’s a better way to use crosses without quite so many false signals. Here’s what it is, the moving averages I use for two of my favorite crosses, and the timing.
Today’s Daytrading Setups
In this video, I walk you through today’s setups and trade management and this will be exactly what we will be looking for tomorrow! Those of you who took the recent daytrading class will definitely benefit from this refresher.
