Traders Daily Direction
Are You Ready to Grow Your Account?
Good morning, Daily Direction followers! It’s Friday! We’ve had a busy trading week full of exciting movements within the market. Now, we get to take a bit of a break as we close out this week and prepare for the next one. Going through some of the main facts that support my strategy is one … The post Are You Ready to Grow Your Account? appeared first on Josh Daily Direction.
Following a Rally after a Retracement
Hello, Daily Direction readers! The Nasdaq 100 E-Mini Futures Market (NQ) has hit its first limit as it continues its upward march in the long-term and short-term directions! Right now, we’re waiting for the market to retrace (temporarily drop in price) before it rallies again. That means we’re still actively looking to buy the NQ with … The post Following a Rally after a Retracement appeared first on Josh Daily Direction.
The Best Way to Build a Better Trading Strategy
Good morning, Daily Direction readers! You’ve made it halfway through the trading week. Congratulations! Today, I want to teach you what indicators and setups I use when preparing my charts. I know it can get a bit confusing when dealing with all the data for trading, so I wanted to pause for one moment and give … The post The Best Way to Build a Better Trading Strategy appeared first on Josh Daily Direction.
Looking for a Shift in the NQ
Hello, Daily Direction readers! We’ve followed the Nasdaq 100 E-mini futures market (NQ) for some time now, waiting for it to turn bullish again. Based on the current timeframe analysis, the long-term and short-term directions are both up right now. The market reached the bottom of the channel and is bouncing off of support. This is where … The post Looking for a Shift in the NQ appeared first on Josh Daily Direction.
Don’t Let the Ups and Downs Confuse You
Good Monday morning, Daily Direction readers! Today, I’m going to give you a crash course in candlesticks and tick values so you can learn more about how I use my charts to find trading opportunities in the futures markets. I often get questions from traders about how my timeframe charts work. More specifically, they want to know … The post Don’t Let the Ups and Downs Confuse You appeared first on Josh Daily Direction.
Getting Ready to Close Out a Week of Trading
Hello, Daily Direction readers! We’ve made it to Friday, which means it’s time to wrap up another trading week, relax over the weekend, and get ready to start all over again on Monday! Going through some of the main facts that support my strategy is one of the greatest ways to prepare for the trading … The post Getting Ready to Close Out a Week of Trading appeared first on Josh Daily Direction.
Keeping up With the Daily Direction
It’s Thursday, Daily Direction readers! When reading this newsletter, you’ll see several crucial indicators down the right-hand column if you’re following along with my Daily Direction newsletter. These simple symbols provide a brief overview of how our highlighted futures market is performing for the day. The goal of Daily Direction is to give you the … The post Keeping up With the Daily Direction appeared first on Josh Daily Direction.
Why You Shouldn’t Ignore This Simple Step
Happy Wednesday, Daily Direction readers! We’ve made it through the first half of another trading week! Hopefully you’ve been following my trades and utilizing my knowledge to work toward your own futures trading career. And since today is Wednesday, it’s time to take a look at a fundamental aspect of my system! One of the first steps … The post Why You Shouldn’t Ignore This Simple Step appeared first on Josh Daily Direction.
This Is Why Timeframe Charts Are So Important
Hello, Daily Direction readers! We’ve kicked off a new year and a new week of trading futures contracts! Today, we’re looking at the E-mini Russell 2000 (RTY) as we’re actively searching for opportunities to buy the market. Both the long-term and short-term directions for the RTY are up. The market is currently in an up trend as it … The post This Is Why Timeframe Charts Are So Important appeared first on Josh Daily Direction.
It’s Time to Review Your Trading Strategy
Good morning, Traders! It’s Monday, and that means another week of trading. And it’s a new year, so now’s a good time to sit down and go over some of the fundamentals of the market! Trading has the potential to be a profitable option for those willing to put in the work. Traders and brokers … The post It’s Time to Review Your Trading Strategy appeared first on Josh Daily Direction.
The Market Indicators to Help You Trade Better
Good Morning, Traders! If you’re reading my Daily Direction newsletter, you’ll see numerous important indicators down the right-hand column. These simple symbols provide you a quick snapshot of how our featured futures market is doing for the day. Daily Direction’s purpose is to provide you with the knowledge you need to execute profitable trades. And the … The post The Market Indicators to Help You Trade Better appeared first on Josh Daily Direction.
The Latest From the RTY
Good morning, Daily Direction readers! Waiting for a market to get into the right position so we can buy it can be frustrating. But patience pays off! And we can now say that about the E-mini Russell 2000 (RTY). Both the long-term and short-term directions for the RTY are now up! The market has broken the … The post The Latest From the RTY appeared first on Josh Daily Direction.
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