In this morning’s watch list for Swing Trader’s Insight I suggested we look to short June crude oil futures on a break below the Wednesday low of 50.50. Crude consolidated after Wednesday’s big selloff; the resulting breakout setup gave a good opportunity this morning. It’s been a rough week for commodities as money has poured… Read more.
In last night’s Swing Trader’s Insight, my comment in the eMini S&P futures was “exit breakout buys, (Taylor Trading) Buy day. Although we didn’t get a standard Taylor entry this morning, an alternative entry yielded a good day. Stocks had two weak days to begin the week. Monday was a bearish day, closing in the… Read more.
After yesterday’s selloff, today the eMini S&P futures were on the Buy day of the Taylor Trading cycle. Given that stocks often have a positive bias the day before a holiday (not a sure thing, but a tendency), I liked the long side today. Stocks traded lower last night geopolitical concerns lingered. In fact, the… Read more.
It feels like feast or famine for trading recently- I had a difficult time finding trades yesterday, and today a large number of markets have a tradable setup. That’s actually not what I would expect; it’s a result of how the markets are behaving as a result of the Trump administration. I wrote a report… Read more.
In last night’s edition of Swing Trader’s Insight, the eMini S&P futures were labeled as a breakout setup, due to the inside day range contraction (Tuesday range was 60% of Monday) and doji bar. As it turned out, this breakout setup yielded two trades if you were looking for a trade this afternoon. (chart by… Read more.
Yesterday I wrote about a breakout rally in the eMini S&P Futures (you can read that HERE). The Taylor Trading Technique tells us to anticipate a Sell Short day in the following session, will we get a selloff this afternoon? This whole setup came kind of late in the day after a lethargic morning. The… Read more.
Sometimes the markets are more exciting than others. Regardless of volatility, you take what you can get from the markets; today’s breakout trade in the eMini S&P futures of taking a little when you’re only given a little. A number of stock index futures had breakout setups for today. That included the eMini S&P, which… Read more.
In last night’s Swing Trader’s Insight advisory, the stock index futures were labeled as a Taylor Trading Sell Short day, and we saw a good selloff last night. However, Mondays often behave differently than the other four trading sessions of the week (as I’ve noted previously) and today we got a very different trade opportunity.… Read more.
Today the Japanese Yen futures were on the Sell Short day of the Taylor Trading cycle. Following yesterday’s rally into a new high for 2017, the Yen was a market to keep an eye on today for a trade opportunity. The Yen has seen a big rally this month. This week, the Yen had a… Read more.
Today the crude oil futures were on the Buy day of the Taylor Trading cycle. I like to look for trade opportunities after the 9:30 AM EIA report; there was a good combination of time and price for a setup this morning. Last week I wrote a report about what I believe are going to… Read more.