Testing the Market to know when to buy or sell

Here at Pollinate Trading we run a number of different trading strategies, from an end of month ETF portfolio strategy down to a 2 minute scalping strategy, and a lot in between. 

Today I'm going to go over one of the main strategies that I've been running for years, and recently have been making a handsome daily salary with. This is the core of everything, from multi year trades to day trades.

Like we talked about yesterday, applying 'tests' to the market that it has to pass or fail. 

A pass of the test means we enter or add to our position.

A failure of the test means we exit or reverse our position. 

Today day trading the $RTY Russell 2000 E-mini is a fantastic example of passing tests, then failing and reversing everything. 

Mid morning the $RTY signaled a bullish breakout, so I'm on the lookout to get long. 

After consolidating a bit, I buy the breakout of the consolidation range. That's my first entry. 

Any pullback while in this breakout mode is a test, if the best looking sell setup fails and it moves higher, the test is a pass, and I add to my position, which I did.

So now I'm double long and RTY is up nearly 1% on the day while the other indices are essentially flat. 

$RTY is a fun product to trade, it can trade up or down 2%, 3% or maybe even 5% in a day, which is far different than the other indices, so the day trading opportunities are ideal. 

Unlike $NQ, though it is a fun one to trade, swing trading is by far it most ideal use case. 

The third test was a close above the 2251.5 level, if that happens then we have an opportunity for one of those big 2%, 3% or maybe even 5% days.

After a final blow-off effort, the best looking sell setup in the world appears, again and it's test time, again. 

While testing, selling off, it goes deeper than I'm willing to give back and I trail stop out of my long position with +1.5R and +.5R for a total of 2R on the trade. 

Then of course, it rockets back up near the highs of the day, making the best looking sell setup in the world look like a failure, again. Which even though I'm now out of the trade, I have rules in place to get long if indeed we do close above that 2251.5 level, so I'm not all that worried that I missed out on the opportunity. 

But before $RTY can put in a new high with a STRONG hammer/bull candle, it fails. 

When the best looking buy setup in the world fails, you sell!

That works both ways :)

I get short at 2247 and ride it short into the close at 2237 for another 2R, netting 4R for the day. 

This all happened starting 2 hours AFTER the open of trading. 

Yeah, while everyone is fighting to make money on the open of trading, I was out playing with my 15 year old son, having the time of my life. 

By 8:30 Pacific time (11:30 New York Time) I'm just getting started with trading, with no rush, plenty of sleep, and hanging out with my family until I'm ready to get to work. 

My guess is everything you've been told about trading is being questioned right now. 

This is a small portion of what we do in the trading lab, this is the 2 hour (+/-) live stream we do every trading day on Zoom. You can join in, participate, ask questions and trade right along with fellow traders earning a fantastic living, and doing it differently than what everyone else in the market thinks you need to be doing. 

In addition to the livestream you'll get access to:

Monthly Macro ETF Strategy - you'll get an email before the first trading day of the month of any buys or sells of US Macro ETFs, it literally takes 5 minutes to run this strategy each month. 

Short Squeeze and End of Month Equity Strategy - you'll get an email with entry price/stop loss price/profit target for a stock that is potentially about to run 20%, 30% even 100+% in a given day, think $GME or $AMC. On top of that, we've built a strategy that buys an Index at the end of each month which the past 12 months has had a 90+% win rate! And to juice even more profit out of the strategy, follow along in the Slack Channel to see when we exit it for the most profits!

Forex Swing Strategy - If you are a swing trader Forex markets offer a great opportunity to swing trade just 15 minutes per day, with clear entry and exit parameters. This is a mean reversion killer, that is like earning a monthly salary! Every evening that there is a trade on, you'll get an email alert letting you know the parameters.

Futures Swing Strategy - If you've been following along the $NQ trade the past year and a half with me, then you see how powerful this strategy is. By far this is the most profitable strategy we run, taking advantage of multiple market edges, catching the biggest market moves and stepping out of the way when trouble ensues. We keep you updated not just in our free newsletters, but as a member of the Lab you get the day to day access to see how we are actually crushing this market, with emails clearly describing the entries, adds, stops and when to step away. 

Crypto Swing Strategy - Since September 2020 our swing strategy is up over 1100%, while our core holdings suffered a bit of a drawdown in the May 2021 selloff, our swing strategy exited all positions and went to cash. You can choose how risky and aggressive you want to be, in between the big moves. The number one feature isn't the weekly alt coin swing trades that average 10% per week, but rather when the top is in, and when it's time to sell all crypto and walk away! Emails will be sent out as the market evolves. 

Day Trading Live Stream - And this is what todays email showcased, how we day trade the futures and currency markets. This is broadcast live on Zoom where you can ask questions directly to me, share insights with other traders and take your trading game up a few levels quickly. 

Finally the Slack group is 24/7, with traders all around the world always accessible to bounce ideas off of, ask questions to, and well, trading is a lonely business so it's incredible to have a crew to collaborate with. 

We will be increasing the price of the Trading Lab September 1st to $397, but you can lock in $297 FOREVER buy signing up before September.

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