Wild Swings Makes Cash King

The market has had a few wild swings lately. While the down move was the easier one to catch, staying out of the market during times like these can be a wise option, too As traders we certainly have an urge and itch to always be in the action and making trades, but if you … Read more

One More Push to New Highs?

The summer is quickly approaching, which can often be a time where the markets are sloppy at best. However, there are a handful of reasons to believe the market is setting up for another push into new highs over the next 1-2 weeks. With bullish trends fully intact on the weekly charts, both the $SPY … Read more

Weekly vs. Daily

Right now, it’s a “weekly charts versus daily charts” type of market. After a few weeks of solid momentum, we have found ourselves in a situation where many daily charts are extended, trading well above 2+ ATR from their 21EMA. Generally this points toward an increasing probability of a pull back to the 21 EMA, … Read more

The Dollar Endgame?

A year ago, the world found itself gripped by a novel coronavirus that changed the path of history and what we used to consider normal. The consequences of immediate and long-lasting shutdowns that normally would have crippled world economies were circumvented by monetary powers by sacrificing the dollar so that asset prices would remain elevated. … Read more

The Case for Altcoins

We’re going to keep this post short and sweet. The only setup in the entire crypto market that still has a weekly squeeze in play is ETH/BTC. What does this mean? ETH/BTC is the ratio of Ethereum (the largest alternative coin) to Bitcoin. What does that mean? Think of it like silver and gold. Typically, … Read more

The Perfect Setups

2020 was a crazy year for the market. We saw the most dramatic monthly range that SPX has ever seen. We saw choppiness as the market was unsure which way it would continue to head during the pandemic year. Then we saw a strong recovery bringing us back to new all time highs. Moves that … Read more

Ready to Pounce

Ready to Pounce

So after the first and second week of November 2020, we got to see the first sample of how a market can very quickly change personalities. Not only did it grab my attention, but it was my first two consecutive weeks of very little profits. It’s a testament to the importance of never over positioning, … Read more

Case-for-Bitcoin

The Case for $54,000 Bitcoin

We have looked at Bitcoin for some time at Simpler Trading, both in the rooms and individually. This year has seen Bitcoin and crypto again in the spotlight. We are seeing crypto gain attention for two reasons. The first is the continuing and never-ending money printing by central banks diluting the purchasing power of fiat … Read more