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November has been extra spicy – I’ve been landing win after win since taking my first loss to start the month.*

You see, I don’t care if the market goes up, down, sideways, or even backwards…

I believe there is a way to make money.

And by following the premarket momentum and my conviction index, I can determine what the markets are thinking before they even open.

Now, I’m not a fortune teller or anything… but I use a really well established set of rules to guide me for the upcoming trading day.

Just check out my performance for yourself.*

 

 

Not too bad, with a single loss to start the month, and going undefeated since!*

Now, I don’t know if I can continue this streak for December, but I will sure give it my best shot.

And if you want to be part of the action, make sure you sign up for Daily Deposits now!     

   

My Premarket Routine Outline

 

Daily Deposits is a trading strategy based around determining the strength of the markets using a blend of technical analysis and premarket momentum data.  

My edge in these markets come from where the algo’s can’t research or trade because of a lack of liquidity.

And that’s exactly why I focus on the pre market trading session each and every day.

It’s important to remember that algos can’t feel or understand the market price action outside of the liquid trading session of 9:30 am – 4:00 pm.

Why?

Because of the lack of trading and liquidity means erratic and even random prices can occur.

And if a computer analyses that data, it could end up bankrupting firms with its unknown behavior.

Which is why no firm wants that type of risk and most if not all of the algos are turned off!  It’s just not a good time for a computer to be trading the markets!

 

Pre Market Momentum Analysis

 

By starting before the market opens it allows me to get ahead of the algos that turn on at 9:30am!

So, where do I start?

I review the global markets from the top to bottom!  I start with what’s happening in the Asian markets, European markets and then the U.S. premarkets on the e-mini futures.

It’s important that I do this to understand what traders are doing in those markets… any fear or uncertainty will cause a huge impact to the US markets if there is anything major happening…

This is what alerted me to the severity of the Coronoavirus coming out of China in February (and yes, I bought puts that day at the open!)

Let’s break down what happens every hour before the market opens for you to understand how my flow works.  

 

Hourly Breakdown

 

7:00am:

I started my scan of the world markets.

These markets include:

  • Foreign Exchange
  • Economic Data
  • Commonities
  • Asian markets

Then I continue to watch the markets for volume, earnings, fed announcements, and any signals coming from the central banks with monetary policy changes.

These are all critical pieces of information the markets will signal to you in the pre market session that will cause the price of the stocks to dive at the open.

Next up… the Trade of the Day.

 

9:05am:

I send a Trade of the Day alert signaling the direction I believe the markets are going to head in at the open.

The Trade of the Day includes:

  • The option contract (put or call) to trade
  • The specific week or month
  • The specific strike price
  • The entry price of the trade
  • The stop loss of the trade
  • The profit targets of the trade.  

Why do I start looking for trades at 9:05am instead of waiting for 9:30am?

I do this to get ahead of the markets and try to anticipate where the price will move in order to stay ahead of what is happening.

 

Fundamentals Help Determine The Direction

 

It might seem odd that a day trader would care about the macro market signals around him…

But in fact, fundamental information could be one of the best analytic tools any trader can leverage when it comes to understanding the core of the markets.

Let’s take a look at what I use to get ahead of the markets every day.

3 Key Fundamentals Factors To Watch:

  1. Macro Indicators
    • Currencies – Equities have an inverse relationship to the Japanese Yen
    • Bonds – Equities have an inverse relationship to bonds
  1. Market Sentiment
    • US futures markets
    • Overseas futures markets
    • Commodities – Oil, gold, copper, etc
  1. Momentum Indicators + Overall Trend
    • 10 and 20 SMA
    • TTM Squeeze
    • 5 min, 10m, 15m charts

So how does this break down?

Take a look at this brand new conviction index that summarizes most of this above for my Daily Deposits subscribers

 

 

If we see a sentiment at the open that is extremely strong, it’s saying that the buyers are in control and the markets should continue their upwards trend. 

And the opposite occurs for weak markets as well.

You see, you don’t want to be in the position of trading without a plan

That’s gambling and no way will you actually have an edge against the pro’s without a plan of attack to use every day

And that’s why Daily Deposits has a rigid structure… to give you that edge each and every day before the markets even open!

Now, I know it’s not for everybody… but did you know that I’ve gone 15/16 this month?*

 

 

Now, that’s not a shabby month if you were to ask me!

It all comes down to a time tested premarket routine that I have… 

Waking up, checking the pre markets, my conviction index, and watching for price action to tell me which way I should trade.

It’s not rocket science and I’m not trying to cure any diseases or anything… it’s simply following the pre market momentum and how the traders are feeling on the SPY’s for the upcoming day.

Now, I am coming off a strong month, and I feel confident that December is going to just as exciting

Of course, I don’t have a magic 8-ball to tell me what’s about to happen, but I feel confident that my routine and following the market’s momentum will keep this streak alive.

So before it’s too late… make sure you get your seat now and join me in Daily Deposits for the month coming up…

Hurry, time is running out!

Join here today!

Author: Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com podcast where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share some of the wisdom needed to live a successful life.

 

When traders ask me what I look at, I tell them one thing…

The Money Trail

You see, when a large institution puts money to work in a stock, it’s done for a reason.

Of course, we don’t know what the reasoning behind their bets are… but we know that they try their best to conceal it.

When these players throw down massive bets, it can impact the market and they would get a bad price.

Not only that, but some traders will be able to put the pieces of the puzzle together easily.

So what these smart money players do is place bets on the dark pools because it “hides” their transactions from the everyday trader.

That’s why I’ve developed a scanner that alerts me to what these institutions are trading when they hit the market in real time.

I get it, you might be skeptical at first, and I actually want you to be.

But just check out some recent names that were spotted on my dark pools scanner!*

  • V – 450% gain in only 2 days!
    • FSLR – 100% gains in 10 days!
    • WKHS – 200% gains in 5 days!
  • NIO – 500% gains in 10 days!
    • SPWR – 150% gains in 2 days!
  • MARA – 300% gains in 4 days!
    • MSFT – 125% gains in 5 days!
    • UPWK – 100% gains in 2 days!
    • DKNG – 200% gains in 5 days!

Feeling left out yet?

I’ve been finding trades just like these in the dark pools throughout the entire month, and the action is so hot, I can’t even take every trade I spot!

Some of my members are taking trades off of my watchlist that I missed myself and landing money doubling returns for themselves.*

Now, I don’t want to speculate on what could happen…

I want to follow what these funds predict the markets will do next.

And that’s why I’ve focused on hunting momentum in the dark pools and have been landing large returns trade after trade.*

But hurry!

There is limited seating, which is an exclusive price to gain access to the Dark Pools and my live watchlist!

Dark Pool Alerts Show Me The Money Flow

New traders struggle with information overload when it comes to learning how to trade.

From position sizing, risk management, to finding stocks to trade, there is never a shortage of material to read

And many people learn the same basics about moving averages, candlesticks, and broad fundamentals… But never what supply and demand really means.

You see, this is a hidden edge, kept far away from the public.

This is because the big institutions are afraid they will lose money

So, How do I find these trades?

I started with these 4 questions that I had to answer first:

  1. Have I seen this stock trade in the Dark Pools lately?
  2. Is the dark pool volume larger than its average?
  3. Are there any large single dark pool trades?
  4. Are there any Intermarket Sweep Orders?

Now for me, I found that the more boxes that are checked off the list, the better signal there is for the dark pool scanner.

Check this out to see how I found a 200% winner in PYPL just by scanning the Dark Pools.*

How Money Flow Triggered PayPal To Rip Higher

When it comes to money flow, it’s all about supply and demand of a stock

And it was no different in PayPal this week

You see, I spotted this stock hitting the Dark Pools and I knew something was up…

So I decided to take a trade

On 11/20 I sent out an alert:

PYPL Dec 4 $195 calls — This is a small starter position here. I think PYPL could move higher, but it’s expensive and I didn’t want to go out too far. I’ll keep a tight leash on this one, but I’m hoping to see it pop early next week.

And I sent the alert to my members about this stock setting up for something big 

Source: Thinkorswim

What I saw in this chart was simply incredible

So, I saw price action setting up and I knew there was something going on.

Volume was increasing, and the lower indicator was showing that buyers were starting to flock into this stock.

But at this time, it was now being held lower by the technical resistance level, the moving averages, and the price was just building up to head higher.

And at that same point, I noticed that the Dark Pools were showing some huge buying pressure just a few days earlier

This was huge – a massive trade hit PYPL at 4:11pm at the close for a total of $75.1m in stock… and this was all executed at once by a single trader…

That’s definitely more than what an average trader would be placing.. Something must be brewing in the stock that I don’t know about

Let me tell you, supply and demand and the money flow don’t lie…  this stock absolutely screamed higher in the days after the buy order was spotted

And that’s when I started taking my profits on the trade

I’m loving that gravy right in time for the holidays

You see, these trades simply come to you and all you need to do is monitor my live watchlist that I track and monitor for you every day

I believe that if you don’t keep growing, you will fall behind 

And this is applied to life and my trading

Recently, I’ve expanded my offering to give traders a first hand look at the stocks I’m watching at any point

This means Dark Pool Profits subscribers also get access to my LIVE WATCHLIST

This is a brand new feature, a dynamic watchlist based on dark pool activity, in real-time.

Why do I feel this is valuable?

First, it’s valuable because it helps you focus on stocks that I’m focused on.

Second, I take trades off of my watchlist, so you will have access to look at the same stocks that I do every day.

And this means that at any point… you could be looking at the next stock price explosion on your screen right now.

I continue to monitor the Dark Pools for more and more of this trading activity every single day

And I will alert my members of Dark Pool Profits first when more trades like these come around and hit the markets.

So if you don’t want to miss the next trade like this that could land you a money tripling profit …

Sign up now to Dark Pool Profits and learn how the dark pools can take your trading to the next level

Click here to get started now

 

Author: Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com podcast where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share some of the wisdom needed to live a successful life.

 

The markets have been on fire since the government dropped trillions on the economy in March

And many people speculated about it coming to an end from a second wave of the virus that may cripple the nation.

Sure, there are now more restrictions being put into place and this leaves us with a lot of questions about the future of the markets

But now it seems like we are just going to go higher with bad news is good news pushing us higher.

And for some reason, the more negative news we get, the higher the market goes… it’s bonkers.

But this one pattern in the SPY signaled there was a potential for a huge move to all time highs coming soon.

Now I want to show you how I spotted the play, and why it’s important to pay attention to key levels and price action in this one ETF.

 

This Pattern Signaled A Massive Move In SPY

While there are many reasons the market moved higher

For me, I focused on the pattern that was setting up that let me know the SPY could rocket higher and test all time highs.

I know it’s the same track on repeat at this point, but I see the same patterns over and over in the markets that signal higher prices

Here’s what I sent out in the pre market before the move even happened

 

 

Of course, I broke it down even further

Here is my plan today, I’m planning to play it much like yesterday. We could see a potential breakout higher early which I might play long for a scalp trade or wait for a pull back to go long. The domestic futures are all above VWAP and the Macro indicators are  bullish. So, I’m going to start with Calls as I watch how the price action opens up today.

Keep in mind there is a GAP mentality in play today as we are opening above yesterday’s high meaning it might break higher or pull back some to fill the gap or at least half of it. So my plan would be to watch closely at the open to see which way it wants to break on the 5 or 15 minute range).  I would look to get in for a continuation higher with volume

 

Source: Thinkorswim

 

My subscribers know which patterns I’ve found to be reliable, and let me tell you a little about this one

If you look, the pre market was in a strong uptrend, supporting the global overnight conviction index…

This is an extremely bullish signal!  But, you don’t want to buy just yet!

Instead, you want to wait for a confirmation of the trend, and this was done by waiting for the breakout of the morning trading range (seen in the shaded box between 9:30am to 10:30am.

When you look at trading a range breakout, you want these two signals to support the trade, which they did.

So, the breakout pattern let me know it had potential to run higher and test the highs

But, I also had in the back of my mind a few targets where I thought the SPY would go.

And one of them was the prior highs, as this is a strong technical target level when trading breakouts

 

Source: Thinkorswim

Check out the chart in the daily SPY above.  It broke out of the resistance from the bull pennant around $360 and just rocketed higher and is now testing the $365 level.

And when I traded this breakout, I was able to pull down money-doubling returns on this trade.

Now remember, just because there is a breakout possibly around the corner, I wouldn’t chase the stock at these prices.  

Instead, I’ll be paying attention to my Conviction Index and range breakout indicators to set up the next entry level.

And if the SPY’s push higher, there might be a triple top breakout coming soon.

If you want to learn more about chart patterns and how I utilize them to uncover breakout trades… then you’ll want to attend this free training here

With how strong the market has been lately, I’ve been able to find steady returns during this period of chaos and confusion, and the best part, with a defined edge.

Sign up to Daily Deposits here

Author: Ben Sturgill

Ben leads two services at RagingBull. IPO Payday can help you pinpoint, position, and profit from IPOs. In Daily Profit Machine Ben guides day and swing traders to profit by trading the SPY Index. Ben hosts the RagingBull.com podcast where he shares thoughts on wealth and success with traders, businesspeople, entrepreneurs, and experts to uncover and share some of the wisdom needed to live a successful life.