If you attended my OVI Traders event in London two weeks ago (live or remotely), the workshop recording has been published on the Private Workshop website, and you can now review the recordings, which are conveniently organized into the same chapter headings as within the manual. There are more setups today than last week, but […]
Tag Archives: Reversals
For all those who attended last Saturday’s London event (live or remotely), the workshop recordings will be released in the next few days, so look out for an email on that. As we look at the markets today, there are not many great OVI setups right now, so this will be more of a learning […]
Even in this market there are easy pickings, as evidenced by my recent commentaries on FAST, KO, PEP, AMT … and those have actually been bullish stocks. There are plenty more bearish setups as you’ll see from today’s video. If you follow my method and trading plan I guarantee your results will improve and you’ll […]
In OVI terms, pre-earnings was bearish, and followed through exactly in that way. We had a small retracement last week, as I suggested on Tuesday. Now, again in OVI terms, post-earnings looks bearish, and there are an increasing number of bearish OVI post-earnings setups taking shape. Now, do bear in mind that this market is […]
In OVI terms, pre-earnings was bearish, and followed through exactly in that way. We had a small retracement last week, as I suggested on Tuesday. Now, again in OVI terms, post-earnings looks bearish, and there are an increasing number of bearish OVI post-earnings setups taking shape. Now, do bear in mind that this market is […]
This week there is a strong likelihood of at least a short term bounce. I can see many potential reversal setups, but these could be short term. If you don’t know how to trade them properly you could be vulnerable to whipsaw action, If you do know how to trade them properly, then only do […]
Last week I was clear that the markets were facing an uptick in volatility, and that you should only consider conditional orders or straddles. Along with the OVI Sentiment Indicator (OVIsi) having turned red on the 28th September, this gave you an invaluable insight at exactly the right time … and not for the first […]
The post-earnings market is choppy and not as predictable as we prefer it to be. Therefore, play it safe until conditions are more favourable. Remember, our bread and butter is OVI breakou…
On Monday morning I said that a reversal was imminent due to Friday’s Doji bar. The reversal didn’t materialize on Monday. Instead the market produced another Doji bar. This simply m…
Friday saw a potential reversal bar on the S&P and several stocks. Our bread and butter is OVI breakouts of trending stocks, and that’s what you should be focusing on 80% of the time. …