Are We About To Retrace Some Of This Down Move Or Are The Markets Toast?
These patterns tend to sneak up on traders when they aren’t looking…
These patterns tend to sneak up on traders when they aren’t looking…
Finding levels that the market shifts is one of the keys to controlling risk and setting up my daytrades. “Let the trade come to you” works for 1-minute charts too.
Starting with how the yen sets the tone, today’s setups were only to the long side using V-Score and VWAP. How do each trigger and what is the process? This is a great video to teach you how I daytrade each morning.
In this video, we discuss the wild and erratic swings we are having and what we might expect. We talk about sizing small and being very selective in this market.
Fading is the go-to after a limit move, in this case the opening bell triggered the re-open of the market after the limit down. The bias is to the long side, but we wait for a repeatable setup in order to have better footing for the climb higher.
In downtrends, it is not about which lows you can buy, it is about which highs you can short.
Sometimes it’s not what you know, but how you apply it.