Day trading is hands down the best way to trade when there’s a lot of uncertainty in the market… Here’s what price will do today
Traders,
I feel like day trading is the way to trade in today’s market conditions.
With potential future tariff wars and increasing fear in the markets, the markets have been tanking the last 4 weeks.
People’s retirement accounts are hurting and there are a lot of people losing money right now.
However, when you day trade, you’re in and out of your positions within hours.
You realize your profits and not stress about what the markets will do overnight.
And that is the reason why I started Trade To Close and Game Plan.
So let’s take a look at what the S&P 500 E Mini Futures market did overnight.
We can see that the Wednesday Low didn’t touch the Tuesday Low.
The current daily candle is an inside candle.
It’s 8AM Eastern right now and I see we have news coming soon in 30 minutes.
The way price reacts to the news will tell us which way the market is likely to trade today.
This week has been very choppy.
Price has been moving sideways without significant moves up or down.
I would personally wait for the price to trade to the previous day’s high or low before taking a position today.
Then see what the market wants to do and trade with the market trend.
There are so many other things I look for, but hopefully you’re gaining some great knowledge on how to think about different market levels.
I didn’t issue a trade yesterday because I was out, but I fully expect to see a great setup today.
If you want to trade along with me, then sign up for Game Plan.
I spoon feed you my trades and we all win big.
Just like some of my students this week.
So DO NOT miss out on another profitable trade.
Come trade with me and I’ll see you inside my services!
Voz