I’m excited to announce an upcoming full-month of classes and actionable trader education for you as we continue our journey through 2017! Entitled “Practical Technical Analysis: Detecting Tradeable TA Set-ups and Acting on Reliable Signals,” I will be sharing with you my clear trading strategies I have developed through extensive research and practical application experience…
I’ll be honest – I stopped caring about Crude Oil for most of 2017 because it’s been in a flat, sideways trading range. However, that all changed today with a big breakout and spike in volatility! Let’s chart it and see what might be next from this boring-to-exciting market: In our weekly member strategy report,…
It was so nice the market did it twice! And today makes three times the market tested our key support level. Price is “trying to” build a rally up away from this pivot but if buyers don’t step in, we have clear downside targets. Here’s today’s updated Emini (@ES) trading levels for your trades: Here…
Like the S&P 500, Gold pulled back to a key Fibonacci and price overlap target. If you’re trading Gold, frame your trades in terms of the departure “away from” this area. But first, let’s chart the development and pinpoint this key pivot: We’re seeing @GC (Gold) on the Hourly Chart with a short-term Fibonacci Grid…
It was so nice the market did it twice! Today we’re seeing a Repeat Day of yesterday’s pullback and rally up away from our key 2,368 @ES Target. Here’s today’s updated Emini (@ES) trading levels for your trades: Here we are! Achieving the 2,368 “First Fibonacci” target (23.6%) once again (it’s also a price pivot)…
File this under “interesting reference post” – as these are the top ten stocks and ETFs that traded the most Put and Call Option volume (and activity) today. Is your favorite name on this list? Is there anything surprising to you? While it’s logical to see the SPY, QQQ, and even the IWM on the…
Advanced Micro Devices (AMD) more than doubled since last November. However, March has not been a kind month so far for this uptrending stock. Like the market itself, AMD pulled back to a key support level from negative divergences. Let’s plot this development and plan what’s next for traders: We saw a breakout on high…
Did you think it was impossible for the market to pull back to the first Fibonacci Target? I admit, it’s a little surprising, but it happened just as anticipated. We’ve been eyeing the 2,368 level on the open blog and of course membership site and today it happened. Here’s today’s updated Emini (@ES) trading levels…
Gold rallied strongly from the $1,120 low to the recent price target near $1,260. What’s the game plan now that we’re seeing a logical pullback within key levels? We had a reversal buy signal – positive divergences + reversal candles at support – in December. From there, price rallied as expected toward the prior price…
Do not adjust your computer monitor – you’re actually seeing the Emini pull back from the 2,400 all-time high. Here’s today’s updated Emini (@ES) trading levels for your trades: With the two-day pullback down away from 2,400 @ES, we continue using our Fibonacci Grid as seen yesterday. Here’s the strategy planning quote from our prior…