Trade Set-Ups

I wanted to share a quick lesson on locating a triple multi-day confluence support zone in the intraday SPY (and S&P 500) that helped shape Friday and now this morning’s trading tactics. Let’s see the Triple Confluence and how to put it to work for you in the future: While we can always see how…

“How can you know in advance/in real time whether a breakout is real or a trap?” That’s a question I’m frequently asked at Expos/via email and it’s a very important question. While there’s no 100% method (I wish there were), knowing how to read market internals gives some of the best clues available – so…

Did you learn the lesson I showed this Wednesday entitled “Using TICK to Forecast Intraday Reversals?”  If you didn’t, here’s yet another chance to learn the important lesson – as history repeated the set-up/pattern almost exactly today that formed on Wednesday. Let’s look at today’s chart as another example of this critical concept: Click for…

I wanted to document what the TICK had to say about today’s sharp reversal and lunch-time market drop. The TICK gave a classic “One-Two” Punch Warning Signal… and if you missed the signal, take a moment to look at the chart of the SPY and TICK and learn what the TICK had to say and…

I always like doing “Step-Inside” analysis with trades and price structure, especially when combined with a known reference level on the higher timeframes. Let me walk you through a very good recent example of setting up and trading two specific high-probability, low-risk opportunities in the UUP – US Dollar Index EFT (lesson would be the…

I think it’s important to document interesting examples of trading concepts played out during the day, as it serves both as an educational reference and deepens our knowledge about these concepts, which helps us to trade better the next time a similar set-up or opportunity unfolds in real time. A great educational example – and…

Wow – you don’t see these sort of “Mirror Image” patterns that often, but they are stellar when they set-up and complete. Let’s learn some quick lessons you can apply to the future from the recent intraday 30-min Head and Shoulders price pattern reversal – with perfect divergences – and the trade that accompanied the…