Let’s take another swing at gold!
With an 1896 intraday trigger from the sell-off yesterday, we have another level and another opportunity to get long gold again.
With an 1896 intraday trigger from the sell-off yesterday, we have another level and another opportunity to get long gold again.
There is a simple three candle pattern I scan for when the market could be ready to stall and reverse/pullback. Here’s how it looked today as it was happening. Important for day-traders and daily time frame traders alike.
Get ready for the premium suck…
While I plan to hold this honey badger through expiration, keep in mind what happens to most calls that expire Friday.
Gold grabbed a lot of attention when it sold off today. Is it time to buy and what is the setup?
Lots to discuss from gold’s sell off, how to prepare for each day’s trading, as well as the patterns in the NQ, ES, and YM.
Zone of resistance on ADBE… trail up your stops or be ready to possibly sit through a pullback.
Tonight we’re looking at two names I’d like to begin building long positions in. You could argue I’m buying the highs, but I think the last 6 months are a prelude to what the next 6 look like, and I’m willing to give these ideas some time to work.
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.