In this educational episode TG Watkins goes over his basic chart setups, the indicators he uses, and some basic principles that he implements in his trading.
TG shares that the market has been pulling back after the 2 day jump from CPI which makes sense considering how vertical the move was and unsupported. Now, with the pullback, we have to determine if it is into support or not. His concern is that if support is found, it may not last very long. He ...
TG shares on how the CPI came in slightly cooler than expected and the market responded strongly. The question he finds himself asking is how far will it go and for how long? He is concerned that with such a big one day move, it is actually unsupported near term. Then he looks at the UVXY and I s...
In this episode TG discusses the FOMC on 11.02.22 and how Jerome Powell stayed on course and hawkish for the Q&A session. He tells us how the market cant find any hope to cling to about a pivot of easing conditions and therefor sold off hard. Fortunately, TG was able to see indications of this an...
