Two Trend Days in a row?! Did you kill it profiting from the simple trading strategies for trading trend days? Even if you made stellar profits trading Tuesday’s down-trend day or today’s up trend day, you still can brush up on specific trading tips for future trend days like these. I’m very excited about a…
Resiliently, buyers thrust the market higher off support to trigger ANOTHER Trend Day so far. Be sure to reference yesterday’s post on the expected breakdown event. Next, take a look at how we built successful reversal trades from the expected rally as seen in this morning’s update. Let’s take a look at the current picture…
During recent stock scans, I came across three “Suddenly Strong” stocks I wanted to share with you. These stocks recently surged to the top of the scanning charts due to recent breakouts in strong uptrends. We’ll start with a familiar name, Netflix (NFLX): The main reason for this scan is to find strong uptrending stocks…
One of my all-time favorite trade set-ups is the play into higher timeframe support with a clear lower timeframe positive divergence. Let’s unpack these terms, see it as it developed yesterday in the S&P 500, and apply this lesson to future opportunities to trade aggressive intraday reversals (the same logic would apply to any stock…
We’re finally seeing some action in the market after a flat, range-bound, divergent, false breakout event last week. Take a look at this morning’s post on the expected breakdown event. Let’s take a look at the current picture and plan the next step: Today’s session officially springs a Bull Trap which (hopefully) didn’t come as…
The US Stock Market sell-off isn’t the only big money flow event happening today. Gold similarly is collapsing, oil is falling while the US Dollar Index breaks higher into strength. Let’s step inside the market as we start the holiday week and pinpoint what’s happening: As I’ve been highlighting on the blog and to Members,…
We’ve been waiting for this moment as the market crept to new highs on massive divergences – odds were extremely high for exactly the sharp sell-off swing we’re seeing now. Let’s step inside the market as we start the holiday week and pinpoint what’s happening: As I’ve been highlighting on the blog and to Members,…
This should be an interesting, can’t miss webinar! John Carter is providing for us a free webinar entitled “The Five Step Checklist to Find the Next Hedge Fund Darlings!” I’m a big fan of my colleague John’s work so I’ll be attending this one as well! John will be sharing a formula for scanning and…
A beautiful chart pattern played out on two airline stocks – Southwest and United Airlines. Let’s study this pattern and plan what may be next for these once high-flying names that have returned to earth. The “Rounded Reversal” or Arc Trendline Pattern is one of my favorite chart patterns on the higher frame. Notice the…
Will it or won’t it? The US Dollar Index faces a breakout – or reversal down – from a key planning level which should set in motion the next swing trade to the next target level. Let’s see the zone and plan our trades accordingly: I delved into more detail for our Afraid to Trade…