Snapchat SNAP Beneath Major Resistance Target in Downtrend Aug 30

If you’ve been trying to find a bottom in Snapchat, August may have been your month. Price rallied up toward the falling 50 day EMA target, and we now await a breakout event or a simple resumption of the downtrend with the current “bear flag” trade opportunity against resistance. Which scenario will prevail?  That’s your…

Emini Plays the Fibonacci Levels like a Fiddle Aug 30

We finally got a breakout of our Fibonacci Grid!!!  Here’s today’s big update in price action. Let’s chart today’s @ES Fibonacci Grid in play: I highlight these levels develop a game-plan for the next trading day for our members. Yesterday saw a gap-down to our 78.6% level (overnight) and a strong intraday rally back inside…

Daily Charting the Dollar Breakdown and Gold Bullish Breakout

Let’s expand the perspective on today’s “Dollar Drop and Gold Breakout.” The two charts below compare the divergent Daily Trends of the Dollar and Gold: Gold surged in early 2017 off the $1,150 price pivot quickly toward the $1,300 target. From there, an $80 sideways trading range developed, allowing us to play “ping-pong” trades between…

The Market Loves Loves Loves this Tiny Range Aug 28

Don’t adjust your dial!  Yes, we’re STILL within the Fibonacci Range. Here’s today’s @ES Fibonacci Grid in play: I highlight these levels develop a game-plan for the next trading day for our members. We remain RANGE NEUTRAL  between the 2,438 and 2,448 Fibonacci Levels. With the exception of tiny traps, the buyers and sellers balanced…

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Join Us Friday for a Special Traders Talk Live Day of Webinars!

I’m so excited to join the line-up of expert traders who will be presenting various strategies for you all day Friday! I’ll be discussing my favorite Trend Day Recognition and Trading Tactic – how to spot and profit from Trend Days – at 3:15 EST (right before market close) so be sure and register now…

Once Again the Emini Plays the Tight Range Aug 24

As we trade today’s session, we’re STILL within the tiny Fibonacci Boundaries of yesterday. Here’s today’s @ES Fibonacci Grid in play: I highlight these levels develop a game-plan for the next trading day for our members. We had a NEUTRAL pivot bias between the 2,440 and 2,448 Fibonacci Levels… and lo and behold that’s exactly…

Emini Playing the Tight Fibonacci Range Today Aug 23

We expect Range Contraction (consolidation) after big Trend Days like yesterday. At the moment, that’s exactly what we’re getting with today’s tight intraday range. Here’s today’s @ES Fibonacci Grid in play: I highlight these levels develop a game-plan for the next trading day for our members. We had a NEUTRAL pivot bias between the 2,440…

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SnapChat SNAP Surges to Falling Target on Bullish Engulfing Play

The last time I posted on SnapChat (SNAP) I clearly highlighted the “Aggressive Bottom Fishing” taking place. Here’s the successful outcome of that bullish “fade/reversal” play as price crept strongly higher toward our falling EMA target. Let’s take a look and see what the plan is from here: Again, take a look at my August…

Join Me TONIGHT for a Unique Stock and Trade Forecast Panel – Analyze Your Trades!

We’re excited to invite you to a special event tonight! I’m sure you’ve attended trading webinars where trading educators teach a trading topic or present their methods. These are great and we all learn from them. But what if there were an online event that was “All About You?” An event where expert traders analyze…