Tag Archives: Rule #1
The Late Show
Rip city.. There are so many ORH patterns at work i can’t keep track. Globex session U.S. indices have ORH’s. U.S. session does not. DAX,FTSE & EWG ORH Bonds…ORL’s Oil and most of the energy patch all have ORH patterns … Continue reading
A.M. Look 8/30/17
Welcome to the Mid-Week Shuffle. We’ve seen pattern follow through in the Indices as well as many of the names. The Risk spreads filled their respective gaps,powered above momentum resistance, and are now siting on those momentum levels. This simply … Continue reading
A.M. Look 7/12/17
Welcome to the Mid-Week Shuffle. Rule #1: Do not buy closing strength on a Wednesday. What you can do is buy a weekly put at the end of the day to turn your Long Equity Positions into a call giving … Continue reading
A.M. Look 7/6/17
Rule #1..Don’t buy closing strength on a Wednesday. Yup I violated it! A potential dollar hickey in the SSO is not career ending. It’s very early in the Mid-Week shuffle. Spu..2416 needs to hold and rally. I need to see … Continue reading
The Late Show
Rule #1..don’t buy Index strength going home on a Wednesday in an uptrend. Shorter time-frame traders give up nothing by not chasing mid-week strength.