Before we jump into the chart let’s talk about where the trade setup in Crude Oil started from. In fact, where this setup started is something that we can do every single week. Where does that start? Crude oil’s inventory number that’s released at 10:30AM Eastern. This particular time is when we look for the … Read more
Trading isn’t supposed to be a full-time job spent looking at charts and monitors all day long. What if I told you that you could trade ETFs and stocks in just 5 hours a week… Well, it’s true! The first step is… To build a solid watchlist. So how do you go about doing that? … Read more
For this issue, we’re going to take a dive into a day trade that I took not too long ago in the Dow futures (a.k.a the YM signal, which is the mini). While I’m talking about this keep in mind this trade is something you can do in a variety of ways. The setup that … Read more
We’re going to discuss one of the more difficult aspects of sticking with the trend through a simple “tradism” that starts with some advice from Charles Dow. But here’s me paraphrasing it… “Respect the trend that was.” In other words… When I take a look at the overall movement in the UNH, and the XLV … Read more
A handful of common questions that I get are about what days I like to trade. While there are some general guidelines, for example, I like to focus my trading on Monday through Thursday, and I’m very selective about Fridays. Friday is just inherently something that I call a caution day. Because it’s the end … Read more
In this edition, we’re going to break down the ARK Innovation ETF (shown as ARKK on the charts). Some traders pay close attention to this ETF, others don’t. So why do we care about ARKK? What is the idea of ARKK anyway? Why are we frequently including this with things that we’re scanning for in … Read more
I’ve really enjoyed focusing on ETFs in the newsletter because many times they can be misunderstood by traders, and they can actually provide an alternative (and cheaper) way to trade if you’re wanting to expand your trading profile. With that being said, Gang… Let’s talk about why I’m looking at the XLF ETF… The recovery … Read more
We’re going to take a look at the XRT ETF in this issue, which is the retail ETF. Within this ETF, with the recent surge of the market since we’ve had optimism going through the market about positive COVID vaccine results from two big name companies, retail has been moving higher. The XRT is a … Read more
Although we’re looking at choppy distribution, where the market seems to be stuck in a range, I’m still looking bullish for the time being. The dominant psychology is the trend that was. Don’t forget my saying, “respect the trend that was”. This is going to be a bit of the wind at its back from … Read more
Yesterday I did a pre-market show for Simpler Trading’s Facebook account, and there were a lot of great questions I was able to answer during that segment. So I wanted to take the time to highlight some in particular. If you’re interested in the rest of the segment, you can hop over to our Facebook … Read more