Recent Articles

Trading Plan and Swing Trade Ideas for Wednesday, March 13, 2019

It’s been a pretty slow week so far with decent moves in the first hour or two and then absolutely nothing to trade after 11 am. Market having some hesitation about moving out of the top of the range, but I think it takes […] Continue Reading…

Trading Plan for Tuesday, March 12, 2019

SPY – I completely missed it Monday and wasn’t expecting that kind of upmove at all. The momentum could continue Tuesday. The 200 day ma sitting around 275, combined with Monday’s low of 275.23 should make a very well defined stop for any long […] Continue Reading…

Trading Plan for the Week of March 11-15

I posted the decision tree chart for $XOP on Twitter. I’ll go into the details here.

The plan for the next couple weeks takes a look at five different paths for the XOP, three of them are tradable, two of them are not. The two […] Continue Reading…

Overall Market and Energy Direction Outlook

Sitting here this morning looking at charts trying to get some idea of how to plan out the next month of trading. There seem to be two popular outlooks around Twitter. One view is that we are about to break out to the upside […] Continue Reading…

Energy Sector Notes, Week Review and 2/11-2/15 Preview

I’ve been lazy making my energy sector notes, but I’m trying to get myself back in the habit of writing at least once a week. I use this site as a way to organize, so it is really just a record of my trading […] Continue Reading…

How I Track the XOP: Developing Intuition with Consistent Metrics

I’m not one of those traders who lives by the theory that trading must consist of an absolute set of rules and indicators which must never be deviated from. Over 19 years I’ve become mostly a discretionary trader, a combination of art and science. […] Continue Reading…

Energy Sector Trading Plan November 19-23

The last six weeks have offered some great trading opportunities in the upstream E&P subsector of energy. Most of the opportunities have been on the short side, but the rips back to the upside have been pretty good too, if you can find the […] Continue Reading…

Longer Term $XOP Thoughts, Past and Future

I haven’t been writing too much about the Energy Sector lately, as I took June – September off. One factor that persuaded me to take the summer off was that I just didn’t agree with where the sector was going. I was completely bearish, […] Continue Reading…

The Hidden Element of Daytrading

Sorry for the lack of posting this summer, I’ve been trying to sharpen my trading method and haven’t been doing too much actual trading lately. I’m going to be posting a series of articles on the things I have come across this summer that […] Continue Reading…

Oil and Gas Equities Weekly Outlook for Monday, April 23

It was a very strong week for the XOP and energy stocks in general. I was mostly on the sidelines until Friday, but I’m starting to get back in the flow with the bullish side of the market. To be honest, the spike in […] Continue Reading…