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The Mechanics of a Limit Move Fade
Fading is the go-to after a limit move, in this case the opening bell triggered the re-open of the market after the limit down. The bias is to the long side, but we wait for a repeatable setup in order to have better footing for the climb higher.
Be Sure To Watch For This Signal On This Time Frame If You Want to Thrive In This Market.
Sometimes it’s not what you know, but how you apply it.
The Four Markets to Watch Right Now
These are the four markets I not only daytrade but also look for longer-term trading opportunities in. They also happened to be the four markets that will tell us when the worst of the panic is subsiding.
Fading the Gap
Trading overnight gaps at market open has been one of the most consistent bets in this market. Check out the video for more info on how I’m making money on these moves.
Scanning for Dollar Buys
It’s early but let’s put it on the radar: How and when do we want to build more dollar longs?
“Pay yourself while you can, not when you have to.”
Yen weakness kept us bullish and our entries to the long side all day — that is the power of the master market internal. But the real lesson here is not to overstay your welcome into events that could bring quick and unpredictable volatility.
Trading a Short Covering Rally
Today, we traded a fantastic short covering rally going into the cash close. I’m on the watch for another one Monday morning. In the video, I explain how to find these setups, along with how to trade them.
What Just Happened?
In this video, we take a look at the end of the Bull market as we officially crossed into Bear territory today. We discuss levels and what to expect from the turmoil.
Picking A Side
With rollover plus limit down moves today, the best way to trade the indices intraday was to pick a side and fade the strength. That is exactly what we did and here’s how to recognize the setups.
Fishing for a Bottom
I know there’s a bottom for SPY somewhere down here, just not exactly sure where! Using this strategy I’ll give myself a little room should we need to fall further, but the moment stocks snap back it’ll make you a believer of the short vol trade.
