In last night’s edition of Swing Trader’s Insight I labeled the May soybeans as having a Taylor Trading Sell Short day for Wednesday. In this morning’s note for STI I reiterated the Sell Short day call; that signal worked well today. This week was a good example of how the rhythm of the Taylor Trading… Read more.
Swing Trader’s Insight
In last night’s edition of Swing Trader’s Insight I labeled the EMini S&P (among many markets) as having a breakout setup for today. From a chart standpoint the ES had a breakout setup because Thursday was an NR7 day. From a market psychology standpoint it was logical to look for a breakout move today if… Read more.
In last night’s edition of Swing Trader’s Insight I labeled the stock indices as having breakout setups for today. The three I cover (ES, NQ, and RT) had NR4 days on Wednesday as did the EMini Dow. In addition, the Dow and the Russell had doji bars yesterday, strengthening the breakout signal. On its own,… Read more.
Today is a Taylor Trading Technique Buy day for the EMini S&P futures. Treating today as a normal trading day gave a decent buy this morning. If you treat the Sunday night trade as a discrete trading session gave earlier and lower long entry. Last week, breakout setup days on Wednesday and Thursday yielded a… Read more.
In last night’s Swing Trader’s Insight I labeled the EMini S&P as a breakout trade candidate for today. I used this call along with today’s early session pattern to ride the market higher today. Thursday’s bar was enough in of itself to give today’s breakout setup; the inside day, range contraction and doji bar all… Read more.
Today was a Taylor Trading Sell Short day for the gold futures. There was an opportunity to sell overnight; a morning rally and selloff around President Trump’s US Dollar comments gave a second chance to sell. For Swing Trader’s Insight (STI) I had the gold futures labeled as a Sell Short day by the Taylor… Read more.
In yesterday’s blog post I wrote about a short sale trade in the EMini S&P. (read that HERE). This was based on the ES being in the Sell Short day of the Taylor Trading Technique (TTT) cycle. Yesterday’s afternoon’s recovery meant I labeled today the Sell day of the cycle. However, unlike the label, the… Read more.
Today the EMini S&P futures were on the Sell Short day of the Taylor Trading Technique (TTT) cycle. This gave a good short sale opportunity if we used the standard TTT entry; looking at holiday and overnight trade gave us even better entries. Friday was the second day of a market rally, giving the TTT… Read more.
Some of the time markets are a two sided affair, and we can trade them from both sides. Other times markets are trending strongly. When they are trending we want to either trade in the direction of the trend or do nothing. That’s one of the reasons I cover so many markets for Swing Trader’s… Read more.
A number of markets had breakout setups for today. Often times when a market is set up for a breakout, other correlated markets have this setup concurrently, which is logical. Today there were breakout setups in the EMini S&P, NASDAQ, T Bonds, gold and crude oil futures. This often gives multiple trade opportunities in the… Read more.