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Currencies to Watch
US dollar shorts in this macroeconomic environment are still my focus but specifically against three currencies. Here’s the watchlist and what I am looking for…
How to trade Game Stop Options for Earnings
GME has earnings coming up, and along with ridiculously high IV it also has a huge market maker expected move. This provides opportunity in the options market. Let’s walk through some ways to trade it, using low risk, high reward options strategies.
Thinking outside the box
It’s not unusual to see a wishy-washy Monday following Non-Payroll Friday. Indices were choppy. But that does not mean that there were not daytrades to setup!
Semi-Charmed Life
Bad news is good news in this market. Let’s see what semiconductors are telling us for next week.
Metals Are Rockin’
The metals — copper, gold, silver — are looking strong and trending well. Here’s what I am looking for in these and metal related markets.
Pullback in RIOT. 6/4/2021
RIOT has 3 out of the 4 moving averages on the bullish side on the Daily, so I set up a pullback on the 30 minute chart. Your risk is defined, but please be cautious of resistance on the way up.
Directional Bias and Daytrading
Looking at today’s gap down and looking for a buy may be daunting, but it’s high probability. In this video I explain the setup and why the daily timeframe is so important to daytraders.
A Few Paths to Consider
Thursday’s close didn’t offer much clarity on what we might see from Friday’s employment data. Most traders think in terms of “long or short”, but I think there’s a third possibility that we very much have to keep in mind.
Knock on effect daytrading
One powerful way to find setups is to let one major market trigger and then look at what is in sync with that move. In the case of the Dow breach, crude oil set up a great trade.
Higher or Lower From Here?
In this video, we look at today’s price action as well as the charts to see if we can get a better read on the market. We are once again approaching the all time high and now we either keep going or fail. Which one will it be?
