For the EMini S&P futures, yesterday was the Sell Short day of the Taylor Trading Technique (TTT) cycle (I wrote about that HERE). That meant we anticipated a TTT Buy day for Wednesday, and so far this has worked well. Tuesday wasn’t a textbook Sell Short day, as the market didn’t close much lower than… Read more.
Swing Trader’s Insight
For Tuesday the EMini S&P futures were on the Sell Short day of the Taylor Trading cycle. As I noted last night in Swing Trader’s Insight, this gave us an opportunity to get short last night and a second chance during the day session. On Monday these was an upside breakout move of sorts after… Read more.
On many occasions, the first Friday of the month is a good day for trade setups, especially breakouts, as the significance of the labor market causes traders to stay out of trades before the release, which in turn causes a sudden jump in trading interest and concurrent large directional moves afterward. This week, however, saw… Read more.
On Friday I wrote about a breakout setup and trade opportunity in the EMini S&P futures (read that article HERE.). Friday’s breakout rally meant we would anticipate a Taylor Trading Technique (TTT) Sell Short day for Monday; this gave us a good follow up trade today and shows how the TTT can anticipate and capture… Read more.
In last night’s Swing Trader’s Insight I labeled the EMini S&P as a breakout setup for today as a result of the inside day, doji bar and range contraction on Thursday. This setup allowed us to anticipate this morning’s rally. As I writing this morning’s watch list I was wondering whether I would have to… Read more.
In this morning’s note for Swing Trader’s Insight, my comment for the EMini S&P was “It has a breakout setup (ID, NR4). On the downside use the overnight low of 2560.50.” Normally the Taylor Trading Technique (TTT) would have us anticipate a different pattern today however the breakout setup overrode it, giving us a good… Read more.
The EMini S&P futures were on the Sell Short day of the Taylor Trading Technique (TTT) cycle today. It’s been a slow session however patience has been paid as the session long downtrend has been rewarding shorts. In last night’s Swing Trader’s Insight I labeled the EMini S&P futures as a Sell Short day after… Read more.
On Thursday, crude oil futures sold off out of a breakout setup (Wednesday was an NR7 and doji bar day). Thursday’s action then gave a Taylor Trading Technique (TTT) Buy day signal for Friday, which gave us a good trade today. Thursday’s pattern was what we would expect for both a downside breakout and a… Read more.
Today the EMini S&P futures are on the Sell Short day of the Taylor Trading cycle, following the upside breakout Wednesday. For a Sell Short day we look to short the market on a failed rally, normally using the previous day high as a “reference price” for the short. However, we don’t always get the… Read more.
In last night’s edition of Swing Trader’s Insight I noted that crude oil futures had a breakout setup for today. This meant we would look for a strong directional move today as traders moved the market out of yesterday’s compression and lack of direction. On the upside, our first breakout level for November crude oil… Read more.