Trading The Crude Oil Short
Opening weaker, crude oil looked to be ready to sell off, but assuming more weakness can put a trader in a vulnerable position. Here’s how we traded crude oil to the downside this morning.
Opening weaker, crude oil looked to be ready to sell off, but assuming more weakness can put a trader in a vulnerable position. Here’s how we traded crude oil to the downside this morning.
Tactics for chop and trend trading were on full display trading crude oil and the ten-year bonds this morning.
Take a look at how Joe is reading the current move and what the plan is for the next few weeks. Get a look into his bias and read.
Steady grind higher has not yet allowed for a pullback or retracement entry opportunity, but I remain patient. One last opportunity lies ahead in tomorrow, or we simply move on to next week and plan ahead for it.
While UBER was down at $20, there were “signals” in the dark pool that UBER may go to $40. Though it’s extended now, is it worth buying LEAPS the dip?
Dark pool signaling for another move to $425 — $429 before rolling back over to $350? Maybe, and here is how I plan to trade it.
Although saber rattling gets headlines, the market is really looking at…
In this update, I walk you through the details and decision that went long the Dow this morning in the room and how you can better follow along with me the next daytrading session.