Happy Thursday, Did you miss me yesterday? 😉 Did you wonder where your boy Korbs had gone? Well… I was in a restaurant. Not because I was hungry… but because the power went out again in my cold Colombian cabin. The plus side was that the restaurant was warmer than my Airbnb (it’s made of …
Good afternoon, How are you doing? I just finished the first trading session of the week and boy was it a good one! (Click on the picture to zoom in) We opened up in a gap between the open price and Friday’s High and we went down to test the MID of this gap and …
Hey Happy Tuesday, Today was a quick one for me, I had a micro composite profile showing an LVN in the 3990s we could bounce from with targets of 4010, 4020, and even the 4030s. I went down to Micro Contracts though because of news adding some volatility into the mix. As you know, your …
How to Trade News if You’re Scared of Trading Through News Read More »
A Very Happy Welcome to Wednesday, As to today’s action… We opened in a big gap from yesterday’s close but we stayed in a very tight range this morning. We’re in an interesting place because we are nearing the top of some high-time frame value areas I’ve got marked so I would expect something big …
Good Afternoon, Just like yesterday, we opened up with a big gap. My plan was to look and see which if either of the overnight high or mid gap fill got hit first and then take a trade in the opposite direction for a reversal. The idea was solid but I missed my chance to …
Happy Thursday, It’s time for your end-of-week lesson! You see… if you’re a new trader… You should think of yourself as a squirrel. Squirrels have a habit called “caching…” Where they hide away extra nuts they find in the summer. By winter, their environment is much tougher… But they can rely on the profits they …
Why You Must Think Like a Squirrel to Reach Consistency in Trading Read More »
It’s trending Tuesday! With the markets skipping regular trading hours on Friday but not before Non-Farm Payrolls come out, it’s safe to say we are in a pretty weird week. As I said yesterday I expected the shorts to be back in control but not in this dramatic fashion! From the open to midday we …
Hey, A very happy Wednesday to you after the holiday break! Your boy has returned from the Colombian Jungles and is easing himself back into the markets. Today was a little tricky… I had an LVN at 4151 that I didn’t expect the price to stay around for long, so I got long on three …
Why Discretionary Trading Beats Mechanical Trading Read More »
Hi, Another day to be cautious and have your discipline tested! I had an LVN marked at 4123.25 that seemed likely to get tested as we dipped below the opening price after chopping in a tight range. Usually, after a period of consolidation the market can rip in either direction so I was scaling out …
Making $175 From Shorts Before While the Market Pumped Read More »
Good afternoon, I took only one trade today but there’s a great lesson to be taken from it. The idea was to look for the gap between yesterday’s low and today’s open to get filled. The challenge was sitting through the chop while the trade played out without psyching myself out and flipping the script. …
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