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 »
Emini Trading Blog: Page 2
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 »
Hunting for Exhaustion Patterns
Friday's day trade was a long, drawn out waiting game. Almost 3 hours of waiting. But the setup was as close to a sure thing as you're going to get - a bust up out of a congestion zone. And after multiple pushes down, there were stops-a-plenty ready to get hit. Good luck with your Emini trading next week. ... more »
Turning Point Ahead (Bonds, Gold and Copper)
Thank you to Adam Robinson and Jeff Gundlach for this great little coincident indicator (ratio of Copper to Gold). Looks like it's signalling an important turning point ahead in Bonds. If you're celebrating it, enjoy your 4th July! ... more »
Friday’s Professional Gathering Pattern
Collection of ramblings in this video: Friday's Gathering Pattern, this weekend's Stock Market Crash Warning signal, next week's 4th July Seasonal Trade and last quarter's Switch into Bonds by the Professionals. Good luck with your Emini trading next week. ... more »
Back to First Principles (and The 5 Step Setup)
Friday was a classic reversal day, with a nice setup before 11 am (Rule of Thumb #3). This video explains the 3 non-correlated 'Better' indicators and how they combine to trigger a 5 Step Setup. Good luck with your Emini trading this week. ... more »
Big Things Happen At Triples. Big Breaks. Big Reversals.
I've talked about Triples before - here, here and here. Big things happen at Triples. Break and the trend will run to Exhaustion. Hold and the reversal will run a fair distance too. The best Triples are those where the Support or Resistance levels are tight together. Good luck with your Emini trading this week. ... more »
