Right now the Nasdaq is at a very important area on my charts. We just came off another failed attempt of regaining the 200 Day Moving Average and now we are back to the VWAP from the opening day of the year and the VWAP from the low of the year. Both VWAP's are trading right around 14,550. I think that VWAP's from the open of the year and the low of the year...
Gold has been one of the most bullish markets on my charts this year until the past couple of sessions...I have now turned bearish Gold looking for a test of 1913 in the coming sessions. In this video I explain why I have now turned bearish Gold and more importantly I share my process for trading Gold Futures using the following indicators; TradingView's new Auto...
When Technicals coincide with Fundamentals you get the biggest moves. We continue to see bullish fundamentals and bullish technicals on Crude Oil so in this video I share my favorite way to trade Crude Oil. I start with a daily chart and use the 20 day moving average and Anchored VWAP. The 20 day ma helps me identify how strong the trend is. In 2022 Crude Oil...
If you're trading this market right now you have to keep your eye on Interest Rates. Why? Interest Rates have the largest web in the market. They impact every market we trade (even crypto :) What rates are doing not only impact the markets we trade, they impact us in everyday life. In this video I go over the best way to trade interest rates and even if...
You are either a trader or a HODL'er. Since I am a trader I don't like to sit in massive swings in my spot Bitcoin positions, I like to use Micro Bitcoin Futures to hedge my spot position to minimize the risk and also maximize my long position in spot. In this video I explain how I am currently hedging my long Spot Bitcoin position using Micro Bitcoin Futures,...
The trend is back in favor of the bulls! Some people use trend lines to determine trends, but I use Bollinger Bands to determine bullish, bearish or neutral conditions and in today's video I explain how I use Bollinger Bands to determine that the E-mini Nasdaq 100 Futures are now back to being bullish and how my strategy triggered a long setup with a target of...
Many Cryptos have turned weak as of late with the exception of HEX. HEX many times seems to be uncorrelated with the majority of Crypto and I really like the recent action in HEX. It had around an 80% correction which is something we actually see a lot in Crypto. Both Ethereum and Bitcoin have had 80% corrections in the past that signaled significant lows so...
In this video I show how I am using a previous price pattern that I have seen in ES multiple times this year alongside 10, 20 day SMA, Bollinger Bands and my indicator Beacon (which is free for everyone on TradingView) for this weeks trade plan. As of right now I am neutral because I have to see how things play out the next day or two, but by mid-week I should...
When markets trend higher or lower, a lot of times short term tops and bottoms will look very similar. I think we are seeing that setup in Crude Oil right now. It looks to me like Crude Oil is setting up almost exactly like we saw in July. Lower high then a breakdown of 10 and 20 day SMA. If this recent low of 78.25 gets taken out I think we see a quick sell...
Exactly one year ago this month the Russell 2000 broke out to new highs and many were calling it the November to Remember as the RTY had an all-time record 18.4% monthly total return This November the Russell 2000 is also breaking out to new highs and on my strategy the look is exactly the same as last year. Will this be another November to remember? I think...
Sitting around today studying charts like I always do on quiet days to see if I can learn more about the markets I'm trading and today I found something pretty interesting about Ethereum ETHUSD. So far in 2021 Ethereum is on 40 day rotation. 40 days of highs before a correction, then 40 days of consolidation before new highs, then 40 days of new highs again...
Ethereum continues to respond well to a strategy setup I have been seeing so far in 2021. I use my Beacon Indicator which is a combination of Bollinger Bands, Fibonacci Retracements to get support and resistance levels. With this recent selloff in Ethereum we hit my neutral area at 3147 and held. In this video I explain why this area is of great importance to...