Pick 3
In today’s free video we start with an index, work down into a sector, and then finally look at a standalone stock, all with the same signal. Each are poised to head higher, and this offers some diversification among products.
In today’s free video we start with an index, work down into a sector, and then finally look at a standalone stock, all with the same signal. Each are poised to head higher, and this offers some diversification among products.
August expiration saw a bit of volatility, mostly headline-driven, but made for some interesting opportunities. Between that and a few indexes that are getting ready to make new highs, we’ve got plenty of trades to discuss as we head into next week.
As the market comes out of lunch there is a tendency for the market to catch a bid and rally or at least find support. This is a class setup I learned from fellow trader Neil Yeager and here’s how I look for this setup, the “12:30 Bid” trade.
Whether it’s a pullback, correction, retracement or fade, how do these entries control risk? Also I cover euro, gold, dollar, crude, and bonds.
Be careful if you aren’t paying attention to this on Friday.
Is it all about to come out of the market or is there nowhere else for it to go?
Here’s how to use the 2 of 3 rules that got us long ES, NQ, YM and showed that best short in the second half of the day was NQ.
Daytrading is an approach we will take this time of year, and I continue to share the nuances of the strategies I use for ES, NQ, YM, and RTY.