How An Understanding Of Support and Resistance Concepts Can Help Your Day TradingIn this video, I look at a few examples (from CL, GC, and ES) and discuss how an understanding of support & resistance concepts can help your day trading.Topics: – The idea of “context first”, rather than being a robotic setup follower. – The different […]
Continue...
Five Tips For Dealing With This Massive Intra-Day Trading VolatilityThe past several trading sessions have been some of the most volatile in history. This volatility is a double-edged sword, of course. There is great opportunity but also great risk. In other words, it’s common to be “right” on the direction of a trade but still […]
Continue...
Five Rules For Higher-Edge Breakout TradesAs traders, there isn’t much better than catching a nice breakout. The problem, as we all know, is that most breakout attempts don’t really go anywhere and you end up getting stopped out pretty quickly.However, if you follow a few rules, you can better distinguish between breakout attempts that are […]
Continue...Example Of A Reversal Pattern And A “Confluence” Trade SetupThis brief video shows a couple of interesting examples.One is a reversal pattern that is relatively common. The second example is what we would call a “confluence” pattern that can be used for trade entry. It’s a situation where several pieces of evidence come together at […]
Continue...What Is The Runaway Gap Trade? Examples From CL, ES, NQToday offered a few examples of a trade we call the “runaway gap trade”. It’s an aggressive trade that works only a bit more than 50% of the time. But, when it does work, the moves tend to be pretty good. This brief video explains […]
Continue...4 Trailing Stop Techniques For Holding Winning Trades Longer Trade exit can be a tricky puzzle. I mean, you’re rarely (if ever) going to be perfect and that can be frustrating.The best we can hope for is to be able to put the market in context (to determine when it makes more sense to go for […]
Continue...
Determining The Difference Between A “Just OK” Setup and a “High Edge” SetupThis video discusses two specific trade examples and compares why one trade was “ok” and why the other was “high-edge”.After all, that’s our job as traders: We want a REPEATABLE methodology of making sense of the market. The examples in the video show:TRADE 1: […]
Continue...
Today has been a very quiet trading day, so I thought I’d make a quick video about dealing with quiet markets.1) How do you identify a quiet market?2) Should you even bother trading?3) If so, what should your strategy be?In this video I do a “play by play” of these types of decisions.You can click […]
Continue...
In this video I share a trade I made this morning. In hindsight, it looks simple. And, in hindsight, I “should” have made more than I did.However, that’s with the benefit of hindsight. I real-time, with your money on the line, it’s not always so simple.So, the questions are: – Do you have a reliable method […]
Continue...Do you enjoy the “puzzle” of the market? If so, you’ll probably enjoy this video.I discuss the “parallel” puzzles you have to solve at any moment in time to determine when a trade makes sense vs when it’s best to sit on your hands.Also, I look a specific trade setup in Crude and how things […]
Continue...