Emini Trading Update – Tuesday 7 May 2013 (12:09)
I must admit I’m finding the continued strength of the Emini a little frustrating. I like markets to swing around a little, I think that’s healthy. But the Amateurs are selling the dips (with RAMBO patterns) and getting wrong-footed straight away as we push to new highs.
And now we’ve got confirmation that Central Banks around the world are buying equities. Do you think that’s right? Should Central Banks be able to buy equities? I don’t.
Bot Signal followup
Bot Signal – Pre-open Thursday 2 May 2013
No Bot Signals for the last 3 days. But Thursday’s pre-open was a beauty.
“After reviewing your BOT video, I configured a simple indicator to signal if a BOT is plotted on the 500 tick bar chart with CQG data provider for Ninja Trader.
Today, after ECB rally on ES (pre-market open) the signal was made. I entered a short at yesterday’s value area High 1588.00 and made the OSOK with a cover @ 1584.” Kevin
Good luck with your Emini trading.