Avoid trading if market is void of defined setups
…avoid being a “Trading Genius” and only take the high-probability setups, if at all.
Short entry at resistance was the winning trade on Wednesday
The SPX finished strong into month-end at 1220.33
Traders win on long side after Thursday’s SPX low taken out
Liquidity is thin into the holiday, so prices can easily could be easily pushed around
Bonus Day For Daytraders
Liquidity is thin prior to the holiday weekend, so trade accordingly.
Katrina Weakness Will Provide Long-Side Opportunity For Daytraders
There are three trading days left in August, and then Thursday and Friday of next preceding the Labor Day weekend.
Anticipated Sequence Levels For This Week’s Time Ratio Zone
This week has several time ratios starting with Monday 08/22
Defensive Focus List Stocks Bought By Generals
One common thread yesterday was the outperformance by some of the major defensive issues
Traders Should Only Take High Probability Setups
There was no continuation selling in the first hour as the minor price-support zone held…
The Two Best Games At The Casino
The semis are one of the current two best games at The Casino, along with energy, and that is why they both have been our primary focus for so long.
Two Powerful Reversal Strategies For Any Time Period Or Market
Daytraders were able to capitalize on the very obvious long entry…
Trading Strategy For The Current Major Index Level
It was another week of media hype with…
Traders Catch Both SPX Trends With These Two Strategies
The recent travel range has been good for daytraders, but frustrating for position traders.