krugman87

03:06

krugman87

The markets have taken a bit of a breather over the last week or so. This type of price consolidation is common after a strong move and can provide good opportunities to get into the market for the next leg. In this case we have price still consolidating but starting to hug the upper range of the consolidation area. A potential entry is on the breakout of the...

08:31

krugman87

In this video I discuss key support levels where selling short options for both premium as well as direction(if price bounces higher off of key support) can provide a highly probably and profitable trade setup. There is far more to options that I can fit in a 10 minute video but if you are unfamiliar with them I encourage you to research options. They can add...

02:02

krugman87

Last week we saw an inside bar pattern form on the ES. There was a false break out of this inside pattern. Price pulled back in and continued to consolidate. Going into the Monday morning trading session it looks like we will have a gap up and may finally see that upside breakout to start the next leg up.

krugman87

XAUUSD continues to show weakness. As badly as I would like to see a rally back above 1305, it is simply not showing any price action that would signal such a move. As traders once of the keys to being successful is leaving your personal opinions outside of the trading space and simply trading whatever price is doing. The market doesn't care about our opinion. ...

krugman87

USDJPY continues its very bullish march higher. In cases like this we find key support levels, look for market exhaustion and price pullback to these levels and then wait for high quality bullish price action signals to get long with the overall trend. We never want to go short during strong bullish trend like these since becomes a game of picking up pennies in...

krugman87

USDWTI has had a great run up over the past few weeks. It was blasted through each resistance level and continues to march higher. In markets like these we do not want to play chicken with a freight train, which means we do not want to go short at all. Right now we want to look for any opportunity to get long. Price has slowed within the last few days and is...

06:22

krugman87

In this video I cover a few of the price action patterns that formed last week which became quality trade setups themselves. I also take a look at the most current price action and what it is telling me about where the market may be heading this coming week. I only cover a handful of the patterns as there are many other patterns at play such as rising triangles...

05:46

krugman87 Updated 

As predicted in my analysis last week, Ethereum has begun blasting off. Prudent traders were watching the bullish flag pattern that had form and watching for a breakout of the upper channel of the flag. Due to the very large size of this pattern we could see quite a large rally in the days, weeks and even months ahead. If this is a pattern you are trading or...

05:06

krugman87

In this video I provide a follow up analysis to the daily bearish pin bar setup that formed yesterday and look at some bullish patterns forming on the hourly. Because we are still in a bearish trend on the daily, but have bullish signals on the hourly, this is the time to remain neutral until the markets give clear direction Overnight the bearish pin bar setup...

04:48

krugman87 Updated 

There is a fantastic, high quality flag pattern that has formed in Ethereum. I just posted a video about the morning star and pinbar bullish setups in the daily candles and now we can see a strong bullish flag pattern in the hourly chart. This is creating a confluence of signals that all are pointing to a bullish breakout. If the breakout occurs it could set up...

03:42

krugman87 Updated 

In this video I discuss the 4 bearish signals in Bitcoin right now and why I think it is highly likely price will continue to tumble from here Bitcoin is in the process of forming a text book bearish pin bar. BTCUSD has been in a strong downtrend over the past week or two and has staged a minor pullback. This was a moment of truth for the bulls to see if the...

09:10

krugman87

In this video I show some good past setups on the EURUSD that would have been profitable as well as take a look at where the markets may be going over the next week or more. I focus primarily on the inside bar pattern and some potential ways to trade these setups. Since early this year there have been a number of high quality price action setups including...

03:59

krugman87

The reversal flag that I identified yesterday has broken to the upside as predicted. Price was being pinched between the descending channel (flag) and the major support trend line and finally broke out of the flag with a strong upside move. In this video I perform analysis on the pattern and the type of further price action I will need to see before I become a...

03:50

krugman87

Price continues to consolidate on the daily chart so I take a look at any price action in the hourly charts. I see a potentially bullish hammer setup on the hourly chart off of a key price level. If the candle closes as a hammer and breaks above we may see that next strong bullish move up.

03:42

krugman87

I take a look at the 3 bearish patterns that have formed consecutively in bitcoin that gave traders 3 clear opportunities to get short. First a head and shoulders, then a flag, and finally a pennant. I then take a look at the nearest major price resistance level where we can look for any price action signals to get short again and follow that overall bearish trend lower.

krugman87

While I have been and am still bullish on the weekly candle, there has been a fairly bearish signal in the 4 hours that has formed and also been confirmed. I was originally in the position from earlier this week and planned on holding until either the weekly pin bar broke to the upside or there was a significant enough bearish signal to cause me to close my...

02:51

krugman87 Updated 

Ethereum has been on quite a bullish tear since early April. While price has pulled back and consolidated a bit, the markets could be winding up for it's next big breakout! There have been 2 fantastic bullish candlestick setups in the past few days. The first is a morning star setup that formed as a large, high quality signal. Price continued to consolidate...

krugman87

After a strong bull run in the SPY price has been stuck in a period of tight consolidation. We are looking for bullish price action setups so we can get long with the overall trend. While price continued to consolidate today there was a bullish hammer that formed off of a key support level showing buying interest. If price can break above the hammer we could...