Good morning, Traders! The Nasdaq 100 E-mini Futures market (NQ) is in an overall upward trend. The long-term and short-term directions are up as we wait for the market to find support and break bullish into the buy zone. Once we get that push, we’ll be able to buy the NQ for about a +1,000 … The post Ready for a bullish run? appeared first on Josh Daily Direction.
Good morning, Traders! A beautiful opportunity is developing in light crude oil futures (CL). The market has reached a major U-turn level. That means the market is preparing to turn back to the buy zone. And if/when that happens, we’ll be ready to jump in and ride the wave back to the top! The market … The post You can’t miss out on this one… appeared first on Josh Daily Direction.
Good Morning, Traders! I hope you had a great weekend! As we prepare for another week of trading, I wanted to take a moment and share some of my insights on how to recognize market trading patterns. Being able to spot specific market patterns is crucial to knowing when to buy and/or sell a particular market. But … The post Do you see the pattern? appeared first on Josh Daily Direction.
Good morning, Traders! The E-mini Russell 2000 (RTY) is looking strong as the long and short-term directions remain up! The market fulfilled the down Fibonacci extension beautifully, has broken the counter trendline, and is headed to a high price of 2259.9. I mention counter trendlines a lot, and that’s because they’re critical to when and … The post This is what tells us to buy… appeared first on Josh Daily Direction.
Good morning, Traders! Gold futures (GC) are experiencing a resurgence, as the market has pushed bullish over the last day only to drop thanks to a bearish correction. But my analysis shows that the GC’s overall direction is still up! I’ve said this before because it’s worth repeating: don’t let a price drop scare you … The post Keeping an eye on the gold market… appeared first on Josh Daily Direction.
Good morning, Traders! We’re looking at the S&P 500 E-mini futures market (ES). Both the long-term and short-term directions are up, but we’re quickly approaching our monthly high price of 4460.25. Once we hit that price point, we’ll back off ES and wait for a new low price due to a coming sell-off before jumping … The post What to do when a sell-off is near… appeared first on Josh Daily Direction.
Good morning, Traders! I’m constantly reminding my students that the market trades in waves. And the Nasdaq 100 E-mini market (NQ) is proving why that’s such an important fact to remember. Right now, the long-term direction for the NQ is up, but the short-term direction is down. I expect the NQ to lose about 1,500 ticks as … The post Don’t let this market movement scare you… appeared first on Josh Daily Direction.
Good morning, Traders! It’s Monday, and that means another week of making money on the futures market! One of the best ways to prep for the trading week is by reviewing some of the key information that supports my strategy. And one of the issues I hear about from many of my students is the … The post Don’t let risk scare you out of trading! appeared first on Josh Daily Direction.
Good Evening, Traders! Trading can be a very lucrative career. Every day, millions of dollars of liquidity moves to different traders and brokers. Futures contracts are some of the most popular options to trade next to stocks and forex. However, to succeed in trading futures, you need the right knowledge to avoid the pitfalls that … The post Ready to trade? Here’s how to get started… appeared first on Josh Daily Direction.
Good morning, Traders! The S&P 500 E-mini futures market (ES) is in an overall positive trend for both the long-term and short-term. We’re looking for the market to go to 4460.25 as it continues to rise. If you follow my strategy on utilizing counter trendlines, you’re doing pretty well with the ES right now! The … The post Are you utilizing trendlines correctly? appeared first on Josh Daily Direction.
Good morning, Traders! Gold futures are providing a great trading opportunity right now. The GC has moved +350 ticks in the last 48 hours! This is something I’ve kept my eye on for some time now, and things are definitely looking up. The market has finally broken the counter trendline, so the long-term and short-term … The post We’re good to go with gold futures appeared first on Josh Daily Direction.
Good morning, Traders! The Russell 2000 (RTY) is set to push into the buy zone as the market continues its upward movement to 2259.9. That means buying opportunities will present themselves as the market breaks the counter trendline and enters a bullish rally. So long as the market stays above the up trend line, we’ll track … The post This trade is shaping up quite nicely appeared first on Josh Daily Direction.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.