Picking a direction in your trades.
Having a bias is exactly what traders need. Knowing the directional bias of a trade puts the best price chart on your screen. And there’s a very straightforward way to do this easily: Watch price and volume.
Having a bias is exactly what traders need. Knowing the directional bias of a trade puts the best price chart on your screen. And there’s a very straightforward way to do this easily: Watch price and volume.
I love trading options, and they’re the core of my trading strategy, but there will be times when shares may be more appropriate. Let’s look at 3 of those in tonight’s review.
Timing is everything, and the approach I’ve got for the next 2 days is similar to what I’ll be doing into the end of the year, but we want to work the ebb and flow of these moves. With that being said, I think the next 2 days are critical, so let’s dive in.
Today’s intraday trades did well but there was one thing that had our attention early on… here’s what it is and how to adapt to a mixed signal open.
Many traders handle trend breaks and transition like a pendulum swing — that if we’re not long, we must be short — and in this video I explain that approach is going to bring misery and bad entries.
Today I’m focusing on a move higher in both the Sector SPDR utilities sector, XLU, and one of its companies — EXC. Let’s look at the technical patterns and squeezes across multiple time frames.