The Importance Of Daytrading Bias
We revisit the importance of the currency lineup and look at what other symbols can help determine the path index futures (and risk!) will follow each morning.
Archives: Daily Videos
Is the bear market still intact?
There are two things to focus on with the newest actions from the Treasury and the Federal Reserve: Stay nimble, shorten the time horizon, and focus on directional bias. For longer term setups, it is imperative we “respect the trend that was” and view current levels as overbought bounces as we go into the long weekend.
Rally In A Bear Market?
In this video, we discuss the SPX erratic action lately. We look at different levels to watch for and talk about what may happen with this rally.
Retracement Buy in Bonds
This setup involves the (free) Propulsion dot indicator, waiting on the price trigger for the underlying futures contract, and then pricing calls in the TLT ETF. Here’s how to put it all together.
Retracement Environment
Waiting for the retracements requires patience, but an interesting thing happens when we get what we wanted: It may be difficult to act! So here is how to enter the trend on retracements and still control risk.
Gold vs Gold Miners
With gold trading at the top of the distribution market trend resistance, I am ready to short this contract again, but after some more discussion, we decided to short this instead. Watch today’s video to see what we chose and why.
Retracement versus Rally
The current retracements are setting up trend following plays in many markets that I watch. Most went out as alerts today and I also wanted to touch on gap trading psychology as well as the cycle that we are trading in (Hint: it’s a bearish cycle.) and I show why history tells us the bottom is not in.