Emini Trading Update – Thursday 2 Jun 2011 (15:12)
Just the day trades in today’s video. Came out ahead but still moving my target and getting freaked out too early.
Knowing when we’re going to get a trend day is very difficult. But guessing when we’ll get a range trading day is a lot easier – they come after a trend day, like yesterday.
And the game plan on range days is to trade the swings on the 4,500 tick chart when they coincide with “End of Trend” warning signals on the 500 and 1,500 tick charts. With confirmation of course from Professional bars and Exhaustion/Divergence signals.
Quote of the day …
Some very kind words from Ed T.
“Hi, I just stumbled on your website this morning and I have not moved away from my computer since. WOW……………! This is exactly what am looking for since I started trading stocks nine years ago … I am sooooooooo excited I can’t move away from my computer … I love your website, and you my mate are a genius. Thank you very very much for all your hard work and God bless you. Not too many people in these world will share such a money making knowledge for practically nothing. You are a rare breed Barry.”
But don’t forget – the “Better” indicators are not the holy grail. It takes hard work to put it all together and the market will always throw you a curve ball, once in a while.
If you’re reading this article via email or RSS reader, then follow this link to view the Emini Trading video on the website. Good luck with your Emini trading.