Update on the NQ. 4/15/2021
I give you levels on the Daily, 120, and 10 minute charts to help us decide what may happen next. Please come join us in the Fibonacci Room at Simpler Trading!
Archives: Daily Videos
What sectors to trade now?
As futures index traders, the strong and weak sectors are part of the relative performance conversation. Let’s discuss where to put your attention.
NASDAQ New Highs
As the NASDAQ rallies in front of tomorrow’s earnings, we are reminded that financials are not a heavily weighted sector in the NQ, but are in the ES and YM… who’s ready to play catch up?
Setup in Gold. 4/13/2021
Gold setup on the 120 minute chart has gone through 10 minute resistance. It has triggered on a 5 minute chart. Be nimble since there are setups on both sides of the market in gold.
How to trade (ETF) options on futures daytrades
Today there were a number of factors that we saw early on: Narrow range, chop, and a bullish directional bias. Here’s how we entered using options on ETFs for better risk control and position sizing.
Trading TWLO for a Run into Earnings
I like TWLO for a potential Run into Earnings, because it has a key shot and it entered the Hot Zone. I am betting on a breakout above resistance; that will bring us into the $400 price point pre-earnings.
Bank Earnings — Coming Up!
This week is monthly options expiration, in addition to the start of earnings seasons. Banks will kick it off on Wednesday morning, and I’m looking for the result to impact the rest of the market in a significant way. Additionally, we have several key Hot Zone trades that are maturing, along with new tickers just entering the Hot Zone. I’m going to cover them in this video.