How to trade a new S&P all-time high: Updated 7:10 a.m. The Emini gapped up to the top of the 60 minute bear channel. The 1st 3 bars were bull bars and formed a Trend From The Open bull trend. Because the bars were not big, the bulls were somewhat hesitant. Also, the Emini is […]

S&P cash index new all time high: Updated 6:53 a.m. The Emini gapped up on the daily and weekly charts to a new all-time high. The 1st bar was a big bull trend bar and it was followed by 2 bull dojis. While the odds are against a big bull trend day, this has been […]

Price action trading strategies after the unemployment report: Update 6:51 a.m. The Emini opened with a big gap up but the 1st bar was a big bear bar. Furthermore, the next two bars had tails. The Emini is Always In Long and in a Trend From The Open bull trend, and there are magnets above. […]

Learn how to trade an expanding triangle: Updated 7:01 a.m. The Emini began with a Trend From The Open bull trend and rallied above last week’s high. Hence, it triggered a buy signal on the weekly chart. Because yesterday was climactic, the odds are that this initial rally will end after 5 – 10 bars. […]

How to trade online after a buy climax: Updated 7:01 a.m. The Emini began with 3 bears bars, like yesterday. The bulls want a reversal up. This would therefore create an expanding triangle bottom. Because of the 3 bear bars, the bulls will probably need a 2nd entry before they can create the low of […]

Futures trading strategies for day trading: Updated 7:03 a.m. The Emini opened with a gap down and formed a Trend From the Open bear trend. There was a sell vacuum test of the 60 minute moving average. While this might become the low of the day, the bulls will need a series of bull bars […]

Buy climax intraday trading techniques: I will post around 7:01 a.m. The Emini opened with a trend from the open bull trend. There is a 25% chance of another strong bull trend day. This is the 18th consecutive 60 minute bar without a pullback. There is a 75% chance that this bull breakout above yesterday’s […]

Futures trading strategies after a buy climax : Posted 7:02 a.m. The Emini opened around yesterday’s close and traded sideways with big bars and prominent tails. This is trading range price action. Although today is probably not going to be a bull trend day, it still might be a bear trend day. However, after such […]

Day trading strategies after a sell climax: Updated 6:57 a.m. The Emini opened with a big gap up at a 50% retracement of the selloff and the June 16 low. The 5 minute chart is overbought. Hence, it is more likely to go sideways to down for the 1st hour or two. Also, whenever there […]

How to trade a big bear breakout that is failing, posted 6:51 a.m. Yesterday was a big bear trend day. Today opened at yesterday’s high. There is the possibility that today could be a big bull trend day. This is a type of reversal pattern. There is a big bear day, and then a big […]