Trading Strong Breakout Moves

(Video length 00:45:23)

“Every day do something that will inch you closer to a better tomorrow.”

Crude Oil is bearish and trying to break free of the trading-range, and my plan is to use the ‘2-Try Rule’ to find selling-opportunities going back down to re-test today’s low.

E-Mini S&P is bearish with a strong run lower, telling me to stay patient and look for selling-opportunities off a key reversal-line overhead.

Nasdaq is bearish with a collapse off today’s high, and I’m looking for selling-opportunities, staying patient for a test of a hidden channel high.

Gold is bullish with a strong run back to the highs of the range, and with such a strong run, my goal is to buy the next pullback for a second continuation.

Euro is bearish with a strong run lower to finish today’s session, which means we’re waiting for a deep pullback to sell into buyer-failures tomorrow morning.

Crude Oil Day Trading Strategy

Crude Oil is bearish with a trading-range, hidden channel, and battle-zone on the chart this evening.

The trading-range has a bull bias to it, but with such a strong run lower off the highs, it’s easy to see that momentum is going to likely give us another leg lower.

My plan is to look for entry into that second leg using resistance at the high of this hidden channel.

E-Mini S&P Day Trading Strategy

E-Mini S&P is bearish with a trading-range, strong run lower, and battle-zone on the chart tonight.

The strong run lower is the big clue, which tells me there will be plenty of sellers looking to re-test today’s low.

All I need to do is wait for price to test the resistance levels overhead and find the best entry pattern into the trade short.

E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is bearish with a strong spike lower, hidden channel, and measured-move on the chart tonight.

The spike lower clearly gives the bears the momentum they need to run back to this morning’s low.

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