Archives: Daily Videos
The Wider The Net, The Better Chance Of Catching The Bug.
This is how you do short term and long term at the same time, same instrument, same account.
Euro Rallies into Short Sell Zone
Sure, there were fireworks in the indices (I am still bearish) but the trade that went below the radar was the US dollar sell-off and the euro short it set up. Here are all the details for the setup.
Non-Farm Payroll will break the tie.
Two weak (awful in fact) ISM numbers this week, a 92% likelihood the J.Powell & Co. will cut rates on the 30th, and a lot of hopium. A miss in the NFP (what I am expecting) would be enough for the market to test Thursday’s lows. Here’s what is on my Radar.
Overbought to Oversold Levels in the S&P
Shifting the mental transmission is a difficult practice, especially when a market is in chop and offers little by way of directional bias.
S&P, Bonds, Gold, NASDAQ, Crude, and Copper.
These six markets will tell a trader nearly all they need to know about the broader market psychology, and right now, it’s not so bullish. But when the market is choppy, right when traders start turning bearish, it’s time to start thinking about the other side of the trade.