Couple of videos today. First of all a wrap up of the last couple of days. And what a roller-coaster ride. My bias was to the upside (wrong!) but I thought we'd break into a trend (right!).
We're coming into a cyclical turn on the daily time frame and that should provide support. But it looks like a day or two away. The chart below shows what I mean.
The second video shows a couple of nice Emini day trades, both Short. One hit my 4 point profit target; the other I exited early for 3 points – but it was good for another 2 points. Still, the point of showing the trades is to illustrate how to use 3 non-correlated indicators to signal high probability turning points.
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Emini Day Trading Wrap Up (11:12)
Here's the Emini daily time frame chart I'm watching and the approaching cyclical turning point that should provide support.
Emini Trading: Cyclical Support Approaching (Emini daily)
Emini Day Trading Real Time (9:28)
Good luck with your Emini day trading.