While the market has been weak for nearly two months at this point, let’s step back and examine the higher time frames of some notable tickers. It’s always wise to be aware of the greater context of the market, and I am seeing some consistent patterns I want to show you. Join me this October at the live Simpler Summit in Orlando! This is an all-day in-person event for traders who want to learn from various members of our trading team. Click here to learn more from Danielle! Your Profit Pilot, … Read more
Welcome to the day after FOMC, where the market has decided to throw a tantrum. As for TSLA, it was a wild day due to some Musk comments that got it jacked up for the day, and then FOMC pulled it back down. While I was on the mic yesterday, I pointed out reasons as to why I did not want to swing long on TSLA using my Moxie Indicator. Let me show you what those were. Join me this October at the live Simpler Summit in Orlando! This is … Read more
Here is a sneak peek into the Moxie Indicator Trading room and how I told the subscribers to expect $TSLA to pull back from Friday. In addition to that, the market has been weak for so long that I don’t expect anything to change before FOMC. Perhaps that news event will spark something, but we won’t know till it happens. This October, I will be attending the live Simpler Summit in Orlando. This is an all-day in-person event for traders who want to learn from various members of our trading … Read more
Despite the market being lackluster, and even yesterday being weak with the internals, I have not been interested in shorting the overall market. Then on Thursday, things are up! I believe this is proving my stance, and we just need to be patient. As the saying goes, “Don’t short a quiet market”. Have you heard about the live Simpler Trading Summit? It’s an in-person, all-day event for members who want to learn from various members of our trading team, including myself! Click here to learn more from Danielle! Your Profit Pilot, TG Watkins
The Market is up this morning, and many names are responding, but I cannot say we are in the clear yet. I lean to the upside, but with CPI and then FOMC around the corner, I am sure the market is also waiting for that information. Have you heard about the live Simpler Trading Summit? It’s an in-person, all-day event for members who want to learn from various members of our trading team, including myself! Click here to learn more from Danielle! Your Profit Pilot, TG Watkins.
So, news is out that China is banning iPhone use for government employees, and AAPL is down significantly. Interestingly, I alerted to the Moxie subscribers Wednesday morning before the bell rang that I thought AAPL should move down. Then, as soon as the bell rang, AAPL started to sink all day, with a crescendo this morning as the news hit the wires. Take a look at this video, and I will show you the exact alerts and how traders benefitted from being in the Moxie trading room. Here’s a quick … Read more
Labor Day is Monday, and the markets will be closed for the three-day weekend. Be sure to take some time away from the computers and enjoy your friends and family. The market is up on some employment data, and the internals are strong in the first minute of the opening. Will it last? I would prefer a pullback before I load up long, but this week helps to set the stage for support when that pullback happens. My Moxie members and I continue to seek market opportunities. Don’t miss out on … Read more
Even though these two indices are a world apart, the market still produces similar patterns and formations that we can use to trade with. In this video, I show how I informed the Moxie Traders that the FXI should pull back this week and how the DIA is doing a similar setup. My Moxie members and I continue to seek market opportunities. Don’t miss out on the next market move, and join us as we track future profit opportunities. Your Profit Pilot, TG Watkins.
August was all about resetting the internals, which it accomplished rather quickly. We are starting to see many names, including the indexes, find support. So, I lean to the long side, but I think it will take time, and we need to be on guard for change in case the market decides it wants to go lower again. My Moxie members and I remain patient and are seeking market opportunities. Don’t miss out on the next market move, and join us as we track future profit opportunities. Your Profit Pilot, … Read more
The market finally had its first bounce from an oversold capitulation last Friday. It has been a long time coming, but it finally happened. Now we have to wait and see what the market does about a retest and if that retest is into support or not. After the market ran strong for nearly 3 months, a little more time is needed. My Moxie members and I remain patient after this bounce to see where the market is headed next. Don’t miss out on moves to follow, and join us … Read more