Rob’s key market strategies and action levels for next week

Unbelievable trading in the storm happening this week. More coming!

Rob and Ziad recap the living trading session and look to tomorrow

Live trading and training with Rob and Ziad tomorrow morning in the midst of the crisis

Over $20,000+ real money from coronavirus trading! Class starts tomorrow morning!

See how Rob’s coronavirus trading strategies nailed it again today. Even more opportunities ahead!

Okay, welcome back, gang! Well, we told you a lot more excitement was coming and we delivered. So, the market certainly did its part, a lot going on obviously with coronavirus. This all started with the negative divergence that we warned you about you know for several videos leading up to this whole thing then we had the 2 bars that closed down below the channel so we said, “dingdong the witch is dead” at this point and of course it’s died a horrible death since then. So, where we’re at basically now, it was really it was kind of exciting to see the big huge move down off – this is the SPY here if this were the S&P Futures, you’d see one big long red bar the longest bar that we’ve seen for a while. So, going into tomorrow and I’ve warned you about swing trades I’ve said, “look, no longside swing trades at this time here” and so sure enough that’s where we’re at at this point is catching the falling knife as I mentioned is not a good idea with this coronavirus situation continuing to get worse for the time being. At some point, the bad news will no longer make the market go down but, in the meantime, this is really a trader’s market on an intraday basis it was just kind of blood-red today as we came in today we were locked limit down. The markets open back up, had the sell side, had the big push up during the fed intervention but that was not enough to go ahead and break the back of the ITP indicators and so, right back down the hatch it went. Here in blood blood-red fashion. Really great most of the day with the exception of a trader to I was primarily focusing on like just onesie, twosie, type trades. There’s a lot of volatility there right now but because of these moves, a lot of these bars were 5 and 10 points on the S&P in a minute or two. It was really focusing more on the “gotcha” trend resumption type trades the in Reverse inventory retracement bars and what we call the “three-door trades” all in conjunction with and with the backbone in support of daily, hourly 15-minute, sell sides and then just bring it down to the one minutes look for after the quick pop up look for the resumption right back down.

Now, going into tomorrow though, a lot of people are starting to panic and so at this point I’m gonna be looking even closer tomorrow and listen, it’s not that we can’t have another a big down day let me go ahead and be very clear but, because of the huge spread between where we’re at and the falling speed lines even though the trajectory rise they’re gonna drop quite a bit overnight there’s still a lot of gaps and you’ll notice most days we try we’ve tried to get back up there towards those speed lines, so, originally after we broke down below the channel we tried to get back up to the channel, right? So, with that being said that now that there’s a lot of panic setting in and people who weren’t prepared the last few weeks who thought we were crazy about the concerns and what’s happening here is now starting to settle in and so we’re washing out a lot of those people who were kind of late to the party. This is the beauty of being an active trader and managing your own money instead of just listening to other people alone. Not that they shouldn’t consult your financial representative but knowing what’s going on with your own portfolio usually a good idea so you can say, “Hey, this doesn’t this you know sound right, smell right and challenge your representatives to make sure you’re making the most informed decisions possible. So, a great time to be an active trader. Going into tomorrow here I’m gonna be focusing on some short-term long-side trades if buy-side trades present themselves on an intraday basis. So, what that’ll look like is, see the hourly charts kind of flatten out instead of the massive downtrend? See if we can flatten out try to get back above the hourly so, pretend this is an hourly chart, so it’s kind of getting back above the hourly channels and that break the spine of that downtrend a little bit would be the preferred trade of choice and then look at those short-term trades. Go back to some of the videos I showed you earlier in the week how what we were in a downtrend, the market would break a little bit to the upside with the ITP then I look for the first pullback and then catch the next wave. That trade right there is basically what I’d like to see for an intraday basis back up to speed line for longs. Otherwise, if we’re down below the hourly, if we’re down below the one minute, two-minute charts, and the 15 minutes in a downtrend then I’ll just look for continuation shorts on an intraday basis but, if you got to be locked up at home this is a great way to spend your time if you got to be locked up at home right now. So, what a great time to be an active trader and investor and you’ll go back – watch the last several videos because I discussed a lot of the actual strategies in those videos where I go ahead and talked about like the strategy I showed you on the long side – what to look for and then the short sides, of course, the ones I taught you countless times here. Stochastic spikes, Speedline continuations, three-door trades, inventory retracement bars, reverse inventory retracement bars, you have all access to a lot of these things like speed lines, reverse inventory retracement bars and IRB and that. It’s those types of strategies if you have WealthCharts just go up there to “Analysis” and then you can click on there and get into the some of the different indicators there where we have access to some of those things like IRBs and reverse IRBs and stuff like that for those you that are Founder members of WealthCharts.

So, a lot of great opportunity there, gang, and another notch in the belt today, I think we’re grossed about $8,400 bucks here with these different days and coming into the trading room, showing and sharing what we’re looking for in advance right before it was happening and that’s this great stuff! So, with that being said, join me Saturday! This is a special one-day event here, I’m gonna be the voice of reason, I’m going to show you the strategies I’ve been using throughout the week. I’m going to put all these different tools and terms back together for you and the things I showed you in advance because I did a special event like this a few weeks ago and then boy did it come true in a big way. So, I’m gonna give you one more chance to go ahead and see me here Saturday morning at 9 o’clock central, 10 o’clock Eastern. You’re gonna want to go ahead and attend that very special event make way in your schedule, many of you are gonna be quarantined to your house anyways you might as well go ahead and take the time to learn what I’m doing right now with these markets. What I did today and what I’m doing right now this week with these markets and because there is some opportunities I’m going to show you on Saturday are gonna present themselves over and over again into next week and so I want you to be prepared. So, go to get there right now and join me this Saturday morning, it’s gonna be a two to three-hour event so prepare yourself to be there and make the time because if you need to know what’s going on with your portfolio’s you need to be you know, this is a great time while you’re locked up in your house to go and to learn how to actively manage and see things for yourself. So, if nothing else you can go ahead and challenge your portfolio manager like, “Hey! these are the things I’m seeing, so, know what’s making you think that I should do this, that, or the other?” So, at least you can have an intelligent conversation back and forth with your registered financial representative as you always should. So, with that being said, I will see you this Saturday morning at this very special one day only event I won’t be doing it Sunday, I won’t be doing it tomorrow, and that’s I’m just doing it here Saturday. So, join me at this special event via live event with me. I’ll be interacting with you guys live which is why it’s gonna be a multi-hour event here that you can’t afford to miss. You guys have a great rest of your night and I’ll see you Saturday morning at this very special event. Take care everyone. Bye-bye!

Here’s how Rob is trading this incredible market right now!

Stuck at home and trading like a monster through coronavirus! Here’s what’s next!

Okay, welcome back, everybody! What an exciting day on Wall Street again. I mean, if you got to be locked up in your house what better thing could you be doing if you’re into trading and investing then enjoying these wild rides on Wall Street. So, we went ahead and we started off here, of course, today we were down below the speed lines and we’ve stayed down below the speed lines so with that being said the focus here from my spot early on was short side trading. That was the right course of action but then something happened. We turned around and I’ve taught you this strategy time and time again where we start to move around, we start to go back up maybe even get a little bit of throttling, get our first indications, so, we went ahead and then in the live trader room I said, “okay, let’s wait for a pullback and then let’s start to go ahead and take off.” Well, sure enough, that happened right there during the live trader rooms and the market just took off. All the ITP indicators we’re firing off like crazy with throttling taking place here, with dual momentum just this market just screaming eagle here to the upside and it went, and it went, and it went, and it went. Just beautiful right up there into the close and then, of course, it kind of settled out here we ended up having kind of a negative divergence and at that point it’s getting late in the day anyway so time to back off. But a phenomenal way to go ahead and spend the day if you’re going to be locked up. What a great opportunity to go ahead and trade these markets I was able to gross over $3,600 dollars on this. I know a lot of people had a lot of fun with this, an excitement, it’s just an incredible opportunity. With every opportunity, of course, comes risks. You’ll always remember that but the reality is, if you’ve got to be locked up it’s a great way – what a great time to be a trader, you know? Not going into corporate America and not going ahead and having to deal with all those crazy things. All my travel, I was supposed to be in Italy this week and then France at the end of the month. Both those trips were, of course, cancelled, so, if I got to be stuck at home, well, what a great way to go in and trade.

So, what we’re looking at now, the strategy here now that the market is closed up for the day we just got closed up. It’s 3:15 Central time 4:15 Eastern so things are shut down now here on he dome and everything and so what we’re looking at going into tomorrow if we’re down below the speed lines generally speaking, I’m gonna be focusing on short side trades although I’m gonna be a little bit careful because of the accumulation bar that we have in place but I will primarily be looking for shorts if we go ahead and we have more of what we saw in the backdrop over here with the sell signals, right? If we get throttling and selling down there but, then as soon as we see live up or long opportunities – if we’re back above these speed lines in particular I’m gonna really be aggressively looking for any sort of long side trades back up to the falling resistance. So, it’s pretty much like the strategy I laid out for you last night but, I want you to see how that strategy is exactly what’s working right now for me because taking the shorts while the shorts are good down below the speed line is great but then as soon as we start transitioning to longs I wait for that first kind of a wave, if you will, to go ahead and take place and then the second one is where I’m looking to really jump into those things because they can be monsters and they certainly were monsters today to say the least. So, we’ve got a lot happening right now with New York and the National Guard and Georgia closing schools – every time we turn around, Italy went from 25% closures to a hundred or the whole country being closed down and with all those different things happening that makes a lot of great opportunities. I’m still not focused on catching bottoms at this point. As I said, aggressive longs wouldn’t even take place still above the speed lines and real general longs wouldn’t take place still above the channel. So, only hedge positions from my perspective from the speed lines back up to the falling channel and well defended positions for swing trades for but otherwise the real opportunities are if you’re stuck at home, what a great time to be a trader and most of you even if you have second careers can hopefully go ahead and work from home now with your jobs and so a great opportunity, take advantage of as you see fit. The markets are lively and exciting as ever and we go keep an eye open for great trading ideas here with WealthCharts that are firing off a lot of different signals in different areas and with the things like in the live trading room.

So, you know my strategy now for tomorrow, cautious shorts because of the accumulation bar. If we stay below the speed lines aggressive longs above the speed lines and really any sign of turnarounds on an intraday basis the short covering is swift and violent leading some really nice long opportunities, there as well. So, really trading both sides of the fence at the moment – very exciting, exciting time. If you guys have more questions let me know maybe, we’ll try to do a public event with you in the coming days so that we can all enjoy this great market together. You guys have a great night, I look forward to seeing you in the live trading room tomorrow morning for all of you who are there already with us each and every day and otherwise we’ll see in upcoming videos. Take care everyone! Bye-bye. English

Nice start to the trading week! So what now?

Okay, welcome back, everybody! Well, let’s go ahead and take a look at what I’m focusing on. A little bit different day you might think that all I was doing is focusing on short side but actually that was incorrect because of the lock-up period and the market being locked up for hours overnight – basically what I did was – the initial pushdown but that pushed down was quickly rejected with an accumulation bar. Which effectively meant that, as you recall, is we went into the next several hours every time we were back down into that area the market had the opportunity then to have big moves to the upside and that’s exactly what it did. Even though shortly before the close here, in fact, let’s go ahead and take a look. So, what we’re having here was the opportunity to the short side – the problem with the shorts here were that you would have these nasty rejections and these rejections were very significant in nature. You’re talking 10 – 15 point moves (this is on the S&P in particular that we’re talking about) and the average retail trader stop-loss in the S&P is 3 points as a normal max. So, with that being said that’s why 12 ticks 3 points and we were doing that in a matter of 1 minute, 2 minutes, 3 minutes, 4 minutes, here even earlier on in the session. Then you get these big pops. So, what this did was this opened up the opportunity instead to start focusing actually on some long side trades in the midsection of the day. So, you were making lower lows in price not lower lows and indicators, right? Lower lows in price not lower lows in indicators. So, then that pushed up and this is something I’ve shown you guys in other videos where we look for this throttling and the indicators to start to fire off to the long side and we throttle then that means we’re expecting a higher high. Well then if we throttle during that higher than the throttling, of course, is where the fast trigger is equal to or greater than the core trigger like in this case down below so you had throttiling here throttle here, well, that means we’re expecting another higher high for pullbacks. We had to pull back and that did make the higher high and in that process made throttling again so then, of course, that means that we’re expecting after another pullback we’re expecting an even higher high so in this case thought look what happened.

Remember we got throttle in here, we had throttle in here, we had throttle in here, but then look what happened was it got the higher high this time but we did not get it on the indicators so it went down. So that meant we were basically due for an afternoon and sell-off into the end of the day instead of the buying that we’ve seen like last Friday for instance. But in the meantime, bringing us back to here, this opened up on these after the throttling this opened up great opportunities for resumption traits and these are huge moves. Huge moves where on even on small contract size you can go ahead and do really well for yourself. So, the reason why I want to point this out is because I want you to understand that there’s not just moves just on the short side especially when you’re into big areas of accumulation. Typically, what we’re looking to do with accumulation then we want to break down below these areas and if we’re looking for fresh shortings so what I want to do is today’s low I really want to see us get down below that low make that resistance, show its resistance, and then look for a continuous selling. But, at the moment what we’ve got is we’re making a lower low in price in general but a higher low in indications. So, I’m gonna be watching very carefully going into tomorrow session. Can we actually get below today’s low and can we get down below that and then you should do a little pop up and show that it fails that area in its resistance that could bode very well for a short side and focus more on short siding. However, if we get back about the daily speed lines here that’s a 2771 area currently on the Futures and again this is you know this still is very helpful for whether you’re trading stocks and everything else on intraday basis. On a swing trade basis, of course, for obvious reasons it’s short side or bust as you know even last week with the alerts we put out like on the SPY selling the options of putting the options alerts out there short which was the right call, of course. so, what we’re looking at now going into tomorrow is first I want to get back above this 2771. If it does that then that makes this more of a kind of confirmed positive divergence. Well then, if we roll back, if we fail like this all this resistance is coming down on top of us, so, if we fail that roll back over here and start to break down and get down below this distribution I was telling you then basically, the buy doesn’t buy on this positive divergence then that could bode very well for continuation selling and I am going to be very aggressive there. At the same time though, as long as we have that positive divergence in place so we can get back up here above the speed lines I’m gonna really be looking to see them get back about 2,800 and then look for long side trades kind of like I was showing you just a little bit ago where there’s basically buy signals within the overall down market look for the short term by stones because they can be so powerful these markets just spiked, and spiked, and spiked, and if you just look at these examples of the ranges that we’re talking about they don’t look like much but they’re 20, 25 point ranges twenty points with one contract is a thousand dollars, you know what I’m saying? A thousand dollars can add up real fast when a lot of traders have goals of five hundred dollars a day or whatever, two hundred, three hundred, four or five hundred dollars a day you know five hundred hours day is approximately a hundred thousand dollars a year, one hundred twenty thousand a year so it adds up. The point is that right now there is opportunities on the long side there will be even more if we can do what I talked to you about. You should hold these areas get above twenty eight hundred on the S&P that could bode well for equity short-term trades, SPY intraday long trades potentially those kind of things but if we go ahead and fail that positive divergence so it starts to kick in then rolls back over breaks kind of that rising trend line and then we break down below the low of today in that big fat accumulation area we break below it, pop back up show it’s resistance then that can bode very well for further selling.

So, that’s gonna be kind of my strategy going into tomorrow and I know a lot of people continue to ask me about long side trades I’m just not really focused on long side trades here at this point because, remember, we have all that resistance coming down on top of us from up above so it’s really a short side or bust in general for from a swing trade perspective rather look for fresh by first my fades are like that United Airlines, the Delta Airlines and different consumer stocks and that could suffer and different types of markets that could suffer from these continuing quarantines and things like that, okay? So, you guys have a great night. We’ll look forward to seeing you in live trading room tomorrow morning and or upcoming videos. Take care everyone. Bye-bye