Fading the Gap
Trading overnight gaps at market open has been one of the most consistent bets in this market. Check out the video for more info on how I’m making money on these moves.
Archives: Daily Videos
Dominoes Keep Falling
The Fed made their best effort to quell Wall Street’s fears, but it clearly wasn’t enough, as the market experienced its worst day since 1987 and went out right near the lows. I think we’re likely to continue seeing lower prices. Here is what I’m looking at, and how I’m trading it.
Scanning for Dollar Buys
It’s early but let’s put it on the radar: How and when do we want to build more dollar longs?
Levels to Watch in the S&P and NASDAQ
Here are some of the answers to the most common questions I am getting about this sell-off, and more important, what direction to focus on.
“Pay yourself while you can, not when you have to.”
Yen weakness kept us bullish and our entries to the long side all day — that is the power of the master market internal. But the real lesson here is not to overstay your welcome into events that could bring quick and unpredictable volatility.
Will The Rally Hold?
I don’t want to mince words: I am looking for a higher high to short and Friday’s rally could be what sets up Monday’s short. In the meanwhile, I take a thorough look at today’s bumpy ride to the upside and why the yen never let us short.
Trading a Short Covering Rally
Today, we traded a fantastic short covering rally going into the cash close. I’m on the watch for another one Monday morning. In the video, I explain how to find these setups, along with how to trade them.
Closing the Wild Week—And Ready for the Next One
This was an historic week in trading, with emotions heightened, funds blown out, and multiple limit up and limit down moves. One thing is for certain, the volatility is here to stay. Check out how I’m trading it, and planning for Monday’s open.
