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Good morning, Daily Direction readers! Today’s write-up is all about Light Crude Oil Futures (CL)! As the energy sector deals with issues around the world, we’ve seen the price of oil futures surge to new heights. But the CL recently hit a point of resistance, pushing the short-term direction down amid an overall long-term positive trend. …
The post Here’s the Latest for Light Crude Oil Futures appeared….
Good morning, Traders! Right now, we’re watching the Nasdaq 100 E-mini futures market (NQ) as it decides which direction it wants to go. While the long-term direction is up, the short-term direction is down. The market is currently camping out on the up trendline. If that line holds, the market will rally by around +6,000 ticks!. But …
The post This market is down but not out appeared first….
Good morning, Traders! Last time, we discussed how waiting for the markets to get into a good buying position is one of the most important things we can do. Today, I’m happy to show you why that’s true! The Nasdaq 100 E-mini (NQ) is now in the buy zone and ready for us to prepare our …
The post You can’t afford to miss this trade appeared first….
Good morning, Traders! We’ve seen the market dip over the last 24 hours, but that doesn’t mean it’s time to pack up and get out of trading! We could see some nice opportunities to buy futures and turn a profit. And that’s what I’m seeing with the E-mini Russell 2000 (RTY) right now. Currently, the …
The post The right way to prepare your entry appeared first….
Good Morning, Traders! As you follow along with my Daily Direction newsletter, you’ll notice some key indicators along the right-hand column. These simple icons are there to give you a quick summary of what our featured futures market is doing for the day. The goal of Daily Direction is to give you the information you …
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An entry strategy is known as a trading strategy on how you’ll get into a position. Efficiency is essential to good traders. They’re still looking for new ways to increase profits while minimizing risk. This is why having an entry strategy is crucial—it will assist you in making better use of the funds in your portfolio.
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We’re Close to Getting Back into This Market
Hello, Daily Direction readers! The Nasdaq 100 E-mini (NQ) is so close to turning up for the short-term direction. Right now, the long-term direction remains positive, but we’re waiting for the short-term market to break into the buy zone before we consider buying the NQ. It’s important to note that we won’t plan to take any …
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