Macro Is Intriguing, Yes, But Don’t Let It Get In The Way Of This…
This is how I’m setting up some macro plays while also focusing on short term price action.
This is how I’m setting up some macro plays while also focusing on short term price action.
Waiting for the post-OPEC letdown in crude oil has been a large part of the short strategy in crude oil and oil-related stocks. Now that the first leg of that sell-off has begun, what’s next?
In this video, I walk through the open positions, explain what you can learn from the chat room 10k account, as well as how to use weekly, monthly, and quarterly outlooks to your advantage.
While the swing moves are fun, never forget the bigger picture.
In this update, I share the tools for the daytrading session tomorrow, as well as where we are on crude, corn, the Euro, Pepsi, and how this ES triggered a “retest” short this morning.
This morning was full of expectations and volume as the US/China trade narrative took yet another turn. Expecting continuation or reversals on the open is not what we want to do. Rather, we wait for a subtle but easy to find cue. Here’s how I do just that each morning…