Stock indexes held up well on Monday despite whatever fear, uncertainty, and doubt you may have read over the weekend. Buying the stock indexes probably isn’t the trade from here, but there are plenty of individual stocks that continue to trade very well. Let’s review those along with some fresh names to add to the … Read more
How are we setting the next round of entries in the Dow, Euro, gold and more? DPMRS. Daily Price Movement Range setups have been our bread and butter to catching the corrections in strong trends. The calculations are part of the daily routine, and here’s what’s on my radar for next week.
Now that we are through monthly expiration, it feels like this market is ready to be unleashed. Here’s what I’m looking at for next week.
Probably one of the most neglected parts of trading. The rush of a new entry often pales in comparison to the good habits of managing risk, but it’s the management that makes the rewards. We’re managing crude, Dow, Canadian dollar, euro, gold, and silver.
Monthly expiration will be in focus as we head into Friday, but that’s not the only thing we’re trading. There are plenty of new swing setups, several to manage, and a full video review where we can discuss. Let’s get started.
The volatility in currencies has implications on metals. Take one look at the sell-off in silver and gold after the FOMC-speak that hit the markets this afternoon. I cover trade management for today’s alerts as well as the Canadian dollar after the Bank of Canada raised rates today. Lots to cover!
Although it is difficult for me to get excited about buying stocks that are so far away from the mean, there are plenty of setups like these two.