Emini Trading Update – Tuesday 2 Aug 2011 (11:50)
Couple of great days for traders – I pity the general public and their 401k. We’re down 8.5% from the Bin Laden high and we stand a chance of coming close to 10% in this swing.
BTW if we were Italy the S&P would be at 1,000 – that bears thinking about. Hope no-one is triple leveraged long on the MIB.
I’ll add my day trading video to this post later on today – took 7 trades and it’ll take a while to render … And here they are, in case you’re interested
Emini Day Trades – Tuesday 2 Aug 2011 (20:52)
Quotes of the day …
Jeff S. making a “one shot one kill” on Monday
“Barry, What a morning, I was out with four points at 9:34 am. I went short at 1303 with the second blue bar broke on the 4500 chart. What a continued run downward but I was happy with the four. Thanks for your great indicators.”
And Warren H. doing it again on Monday – he’s the “one shot one kill” King
“Hey Barry, This morning I finished in the first 30 minutes of trade and now I’m off to enjoy the day. On the 1500 we jumped the creek at 8:46 cst. I went short at 1295.75 and 11 minutes later hit my 4 points with no heat. What a great day!”
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