US Bonds have been trapped in a congestion zone since June 2017. The high and low of the congestion zone were formed during the crazy 48 hours during and after Trump's election. We're about to have triple Resistance levels print and if they hold, the downtrend will continue. Let's see. Good luck with your trading. ... more »
Emini Trading Blog: Page 2
Watching Currencies … Yen, Euro and Aussie on the Ledge
Next week in currencies should be fun. We've got the US Dollar in the middle of a Short covering rally and a bunch of currencies are sitting on a ledge - Yen, Euro, Pound, Aussie, etc. They could easily fall off and lead to some larger range activity as they try and find the next Support levels on the way down. Plus Gold. It's ... more »
Call Me Crazy (It’s not the equity market that could take a tumble)
This turning point has been 4 years in the making. But I think we're finally at the other side. When all the to-ing and fro-ing is over and the new trend gets going proper. It's interesting because everyone is worried about the equity market and it's stretched valuations. Meanwhile, the much bigger and arguably more important Bond ... more »
Shaken Out, Re-Enter and Hold Until Blue Professional Up Bars
Two slow as treacle days in a row. Yesterday I made the mistake of exiting too early - before the Blue Professional Up Bars. Today I wasn't going to make that mistake - even if I did get shaken out before the move got going :-) Good luck with your Emini trading. ... more »
Rambo Who? (How to Trade the First RAMBO Pattern of the Day)
Amateurs going Short and getting drilled 11 out of the last 14 days. Watch for the first RAMBO pattern of the day and fade the Amateurs. Good luck with your Emini trading next week. ... more »
Two Reversal Trades … That Set Up Without Exhaustion Volume!
Trend reversals are usually signalled by Exhaustion volume followed by volume Divergence patterns. The Exhaustion volume is the capitulation phase, where the final hold outs rush to join the trend - only to be the last ones in. It's a reliable pattern and I love showing these "picture perfect" type setups. But nothing is 100% ... more »
Is It Possible to Day Trade from Capri, Italy? Err, No.
Here I am again, pushing the limits and seeing if I can day trade from Capri, Italy. Back in 2012 we were in Bali and I was doing the same thing. At that time we could only get 0.5 to 1 Mbps in a villa outside of Seminyak. And day trading was near impossible. But apparently these days you can get a pretty good 4G connection in ... more »
Apple MacBook Pro 15 Review: 16 Pros and Cons
Well, I couldn't wait any longer. What I really want is a MacBook Pro with 32 GB RAM. But Apple haven't delivered and I can't be sure they'll release one by the end of 2017. So the other day I bit the bullet and got the latest, fully-loaded Apple MacBook Pro 15. Here's my review and experience running TradeStation on the latest ... more »
Gold, Silver and Yen Break Out
Gold, Silver and the Japanese Yen popped today. They've been quietly consolidating and winding up for something. Then today's latest provocation from North Korea was the news that broke them out of their range. Gold and Silver have been un-loved for 6 years - maybe it's just time they got some lovin'. And Thank You to everyone who ... more »
The Vol Is Back! (and the survey results are in)
The vol is back! And so is Emini-Watch. Finally, we get a week worth trading. Boy, has this Summer been dull. Anyway, looks like things are turning up. We've got good range, volume and speed on the Emini. Plus a changing of the guard - with EM Equities maxed out for the time being and the interest in Precious Metals and Energy ... more »
