This Is Where The Money Is Made

So, another weekend with big news dropping while the market are closed!

Many people will be guessing and gambling, making impulsive trades, trying to guess how the market will react to the news. It’s amazing how often the market reacts differently to expectations, or simply whipsaws around to screw it up for everyone!

So, what should you do? Keep calm, observe, and only play the obvious setups as they play out. And manage every trade with our E.D.G.E. Trade Plan so you stay in control from start to finish.

This is where the money is made.

Not by guessing and gambling. But by deliberate and skillful application of a high probability systemic approach.

Market Outlook:

At the risk of sounding like a broken record, and notwithstanding this latest news from the Middle East, my medium-term outlook remains that the indices will pull back at least 10% from the highs, and likely more in the coming months.

As I write this on Saturday afternoon, it’s pretty much impossible to speculate how the markets will open on Monday. There’s so much news swirling around, and there are still 40 hours to go until Monday’s open!

These geopolitical events make everything highly unpredictable so at the very least wait until the opening hour to see how things are moving.

Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.

Watch the video for more detail.

Market Timers:

• Longer Term Market Timer (OVIsi):
  Green.

• Medium Term Swing Timer:
  Bearish.

• The Main Indices OVIs:
  All neutral to bearish.

Stock Selection:

The best setups are currently post-earnings, where I’ve used our fantastic Earnings Calendar application and Earnings TradeFinders for stocks and options. There are individual setups looking ok in both directions, but the key here is to minimize the impact that news could have on a trade. That’s another reason why post-earnings Big Money Footprint setups are optimal.