Patience and the Bond Put
Patience with some macro and resistance has set up a trade: Know the difference between waiting for follow through and when to exit a trade.
Patience with some macro and resistance has set up a trade: Know the difference between waiting for follow through and when to exit a trade.
Keeping a bias is key to my trading. Here’s what’s happening as we start a new week.
The market proved once again that patient buyers are more often rewarded than aggressive sellers. However, it also depends on the time frame that is being traded. In addition, for those of you wanting to know, “Can I trade PMRs as a setup?” Today, I will give you an awesome answer and some awesome ideas for those tape readers here.
When the markets push volatility levels, being flat is tactical and smart. We are looking at longer term time frame. And here is how we’re doing it.
NVDA pinned pretty well on Friday, but now it’s time to look ahead for our next opportunity on this chart. Danielle thinks that will be with the ‘Run into Earnings.’ During this video, she discusses key levels and how she will trade it.
In today’s video, I walk through the support buys in NQ, RTY, ES, and YM…how and when we got long, looked for a bearish to neutral MSFT, and took a buy in the euro.
We’ve got several charts to review tonight, management techniques to discuss and a handful of fresh Squeezes that’re worth keeping on your watchlist. Let’s dive in.
ISRG reported earnings after the close on Thursday, and the move is exactly what you’d like to see from a daily Squeeze. MSFT wasn’t quite as intuitive, and with shares at $109, I’ll have some spreads to manage tomorrow.