Trade The Fed! 6 Ways To Profit On Friday

Video Length: 00:49:54

One more day left this week, let’s make it count!

With some “fresh blood” in the markets after today’s big drop and the Fed Speaker scheduled for mid-morning, I’m excited to finish the week with some more big moves tomorrow morning…

Everything looks great for the short-side tonight; both the Eminis are bearish into ranges, and even though Gold has a recent spike higher, we’re sitting in the PERFECT place to get short back to the lows…

Remember – Fridays have a little different personality and overall game plan, so make sure you watch tonight’s video. The plan is set and ready, all I need is you!

E-Mini S&P (ES):

(Click on image to enlarge)

E-Mini Keys to Success:

  • Range Market = Failures, Rotation & Breakouts
  • Sellers have control into a range this afternoon, telling us to look for selling opportunities up at resistance levels above the range itself.
  • Sellers would love to see a strong bounce higher so they can sell into stops of the “buy the dip” bulls, or sell a breakout on strength going lower to the Weekend Gap from last Friday.
  • Buyers need to stay patient for a 123-Reversal pattern and a change in momentum.

Top 3 Trades for Tomorrow: 

  • UP – sell into a buyer failure (or) buy the 123-Reversal
  • DOWN – sell the bear breakout
  • SIDEWAYS – sit on hands and wait for a bounce or breakout

E-Mini Nasdaq (NQ):

(Click on image to enlarge)

Nasdaq Keys to Success:

  • Range Market = Failures, Rotation & Breakouts
  • Bears have control into a range near the low of today’s session.
  • Sellers will be looking for shorts off resistance levels above the range, along with breakouts going lower to finish the pendulum-swing target (and possibly more).
  • Buyers need to stay patient for a change in momentum with a 123-Reversal, then they can buy pullbacks off channel lows.

Top 3 Trades for Tomorrow: 

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