This Is What I Think The Market Will Do Over The Next Two Weeks.
This pattern is very distinct and doesn’t happen very often. The key at this point is to recognize it and not get sucked into the wrong side of this trade.
This pattern is very distinct and doesn’t happen very often. The key at this point is to recognize it and not get sucked into the wrong side of this trade.
The shockwaves of the Friday and Monday sell-off in equities has reached into commodities and currencies. Once intact trends are transitioning. In this video, I show you 1) How to read these transitions and 2) How to use intraday Darvas patterns to trade them with less risk.
While the market is still feeling the impact of the move yesterday, there were plenty of ways to navigate around the equities which are still acting outside normal price action ranges. I also discuss how to use and get the most out of the futures alerts.
A video is worth a thousand words — this is how to read the internals to see if there is going to be a short covering rally or a crash.
It’s been quite a day for index futures traders and of all the markets we’ve had our eyes on, Aussie and Canadian dollar, crude oil, and gold, these are still trends that are intact or testing levels of the trend. The index futures did look interesting early in the day for a bounce, but by … Read more
Friday’s correction led into what we saw on Monday and the most common question is “where to now”? I’m not going to try to call the low, but I do think this is the pullback I’ve been looking to buy. Now I’m just looking for price to tell me when it’s time to pull the … Read more