weekend ed

My Favorite Way to Trade Headlines
by Tony Rago

Hey trader,

Headlines can move markets in a blink, whipping traders out of positions before they can even react. You do not have to let them control your trading.

All you need is a plan you trust. That is what kept me grounded this week.

Tuesday morning, I was walking the room through an ES trade: long from the 26, targeting the 88...a normal Golden Setup executed in the futures room with everyone watching.

...then a headline dropped about Iran, and the dome disappeared.

"If you're sitting in a trade and that news hits and your dome just disappears, price just completely goes away, and you got to kind of look for it."

The order book emptied out. 

Impulse bars of 105 and 158 handles printed back to back.

If you were on the right side, your bracket either took you out at breakeven or you were staring at a runner. 

If you were on the wrong side, you were in trouble.

I was on the right side because I had direction. 

I got my 62 points across all contracts, and the only reason it worked is because I had a plan mapped before the headline ever hit the wire.

This week, I caught 62 points on a clean Golden Setup while headlines were flying and the dome was disappearing. 

The levels were mapped before the open. The risk was defined before I touched a button.

On Wednesday at 2PM ET, I am going to walk you through my entire system live so you can see exactly how it works in real time.

I will show you the 100-handle block that tells me direction, the auto-plotted levels that give me entries, and the risk framework that kept me on the right side of every headline spike this week.