The current market — while very optimistic — still presents issues for traders looking for pullbacks to buy. The solution is to shorten the time frame, stay nimble, and daytrade. Here’s the NQ setup and more insight into how I daytrade in this video.
It’s typical for me the last two months of the year to daytrade more. In this environment it’s actually even better to have the ability to be nimble and just roll with the trade war headlines with a fresh look at the market each day. I also cover the sell-off in bonds, gold, and the Euro in this video.
While an open gap is the first target, it doesn’t mean it’s the last target.
This is how I’m positioned for the rest of this week.
An open long YM trade and news of a delay in the sit-down between the US and China… and the market goes berserk. Here’s how to keep your cool and stay on the offense when these events occur.
Here’s the current update on crude oil, bonds, Euro, UPS, UNH, HD, and what’s been a lumpy week for daytrading.
