Monday’s action was a testament to the trading plan I use and the stance I’ve had on the market for months. I had a few picks that were slow today, but ultimately these are the setups that continue to work best for me.
Most of my daytrading hinges on the ranges the market sets in the first 30 and 60-minutes of the day.
Trading the “open” is very similar whether it be the Asian, European/UK, or US session. The levels that are established in the early part of the session are the setup.
We had a nice bullish move this week to give us the best week we have had in 3 months. What is driving us, and what can we expect?
After a move higher in the after hours, the market opened above the close of the previous cash session, but gap psychology does require one more thing. I discuss that and the setup in this video.
One of the most common questions I get is how do I fit trading into my schedule, and what kind of trading do I focus on and when? I answer all those questions as well as my longer-term trend watchlist in this video.
