The Emini topped at 7600 and triggered our Signal Short, now off 268 points – a swing trade down, not the end of the uptrend. Bitcoin’s wreckage finally pulled Professionals in at 60K with Saylor’s 57K average in view, while Gold stair steps down from 4500 and Silver and Copper flash Big Pro Bars at the lows. Here is the full read across 15 markets.
Barry Taylor
Gold triggered a signal long at 4400 with Big Pro Bars and bullish divergence – the cleanest Pro setup of the week. Emini Pros exited at 7600 on Amateur-driven Rambo patterns. 10-Year Bonds broke into uptrend, Crude gapped down hard, Silver and Bitcoin both weaker. Watch 7575 on the Emini 15-minute this week.
Iran ceasefire reports have Crude and Nat Gas pricing opposite outcomes – Crude can’t confirm the war is over while Nat Gas already topped at 3.30. Pros loaded Corn, Soybeans, Copper and 10-Year Bonds, while the Emini held its uptrend with zero Big Pro Bars selling the highs. Memorial Day shuts Monday – Tuesday’s open is the energy tell.
The Emini finally cracked 7200 with all four indices (ES, NQ, YM, RTY) printing matching exhaustion patterns. Tax-time seasonal playing out perfectly. Forex all in uptrends (USD weak), Bitcoin on a tear near 80K, Gold in downtrend, Copper signaled short at 6.00, Natural Gas setting up at 2.70.
The Emini at 7300 with the blow-off signal still missing – Barry took profits at 7200, waiting for the years-overdue end-of-uptrend signal. Mea culpa on Euro from last week. All forex in uptrends, Gold signaled long at the lows, Bitcoin basing for the next leg, Crude in a super uptrend testing 110.
The Emini blew through 7200 stops to a 7427 high – Pros still have not shown up at the top. The 13,500 tick chart finally has all the components for a top. Corn, Soybeans and Wheat all signaled long. Crude broke trailing stop suggesting good news out of Iran. Filed from a Tokyo capsule hotel.
The Emini ripped 12.5% (800 points) from 6400 to almost 7200 in a violent short-covering rally on Iran ceasefire news. Day-and-night momentum read 10.5 million contracts. Barry went flat Friday. Forex weakness developing, Crude setting up to rally if ceasefire breaks, Natural Gas and Corn starting to move.
Only 2 of 15 futures markets rallied this week. Crude pushed to $101 and Natural Gas broke out at $2.80, with Big Pro Bars loaded into both before the move. CPI came in hot, smashed bonds, but Pros are now loading 10-Year Notes at the lows. Emini set up for a potential blow-off above 7600 with no Pros at the highs yet.
the ‘better’ trading Indicators The Better Trading Indicators: Features, Pricing & FAQs Get X-Ray Vision Into Market Turns The indicator suite will transform how you read the market. They streamline chart setups, enhance decision-making, and help you trade smarter for consistent profits. Three Non-Correlated Indicators Gain deeper market insights using Better Pro Am, Better Momentum, … Read more
Quick Answer Claude Cowork is a desktop app from Anthropic (also known as the Claude desktop app) that operates within a local folder on your computer. If you’re new to the TradeStation platform, this is one of the most powerful tools you can add to your workflow. To use it for EasyLanguage coding: The result: … Read more
The Better Trading Indicators are now on TradingView. If you’ve been waiting for this, good – but don’t skip this article. TradingView compresses tick data by roughly 2x compared to TradeStation, doesn’t provide true uptick/downtick volume, and limits you to four tick chart settings. That doesn’t mean the indicators don’t work. It means you need … Read more
This experiment sits squarely in the world of trading global futures markets – the kind of macro-driven, multi-asset thinking that separates serious traders from the crowd. Last week, I paid $0 for macro analysis that hedge funds charge $250,000 a year to access. How? I asked ChatGPT to design a portfolio for the next 40 … Read more
If you’re looking to get more from the TradeStation platform, coding your own indicators is one of the highest-leverage skills you can develop. But for most people, the coding wall stops them cold. After testing five AI models head-to-head, I found one that completely changes the equation. Use the links above to jump to the … Read more
As traders, watching charts day in and day out, we see the same chart patterns repeating, again and again. I like naming my patterns – silly names, like the RAMBO pattern and ‘The Gathering’ pattern. This article explains the ‘Killing Fields’ pattern, a setup designed to mislead traders. Use the links above to jump to … Read more
The ‘Better’ indicators aren’t optimised, so use them on any market or timeframe. Crude Oil is one of the futures markets where they work particularly well. Crude Oil has become a great day trading vehicle over the last few years. There is plenty of volume (liquidity), volatility (intra-day range) and “mini” contracts available (symbol QM) … Read more
If you’re in a non-US time zone, Forex could be the market for you. It sits alongside crude oil, gold and other instruments covered in the futures trading guide on this site. Here’s a great email from a Forex trader, Petr S., on how he uses the ‘Better’ indicators to trade Forex and the improvement … Read more
I’m surprised I haven’t looked at this relationship before – the relationship between Equities and the Japanese Yen. It’s one of the most important macro dynamics in the futures markets I trade, and understanding it gives you a real edge in reading equity market risk. Traditionally Japan has been the place to borrow because of … Read more
If you’re looking to run TradeStation on a Mac, you’ve come to the right place. I’ve been trading and traveling using TradeStation on a Mac since 2010 – the best tech decision I ever made! But it hasn’t all been plain sailing – Apple hardware isn’t perfect, their ‘Retina’ displays require special settings, and running … Read more
Emini futures (or ES futures) are probably the most important trading vehicle in the world. This article aims to be the ultimate introductory guide to Emini futures (and it has been updated for 2026). It includes answers to the most frequently asked questions, charts and data showing the importance of Emini futures and downloadable resources … Read more
I’ve been meaning to record this video on Larry Williams’ trading strategy for a very long time – his approach combines sharp methodology with serious trading psychology. An email from TK earlier this week prompted me to finally get it done. It seems you have a special place in your heart for Larry Williams. I … Read more
Volume has to be the most underrated market variable used in technical analysis. But if you know how to analyze and interpret it, you’ll be able to see market turning points develop and anticipate pullbacks and trend changes. Better Volume is one of the free indicators on this site, and with it, you can figure … Read more
Gold and Silver made huge down moves this last month. Why should you care? After all, you’re an Emini day trader. Well hopefully this video sheds some light on the gold and silver markets – and why they matter in non-equity futures markets. “When gold is a free market, not under a gold standard, it … Read more
Better Pro Am is one of the three non-correlated indicators at the heart of the Emini-Watch trading approach – and it may be the most original of the three. Using Average Trade Size to identify Professional and Amateur activity is totally new – and I’ve never seen it mentioned anywhere before the introduction of Better … Read more
Mrs Emini-Watch and I have been traveling around the world for the last 15 years. We’ve spent time in Australia, France, Hawaii, New Zealand, Canada, Japan, Spain, Mallorca, Italy, Sicily, Bali and the UK. Here’s what I’ve learned about trading and traveling. It’s taught me a lot about trader psychology too – how to maintain … Read more
You need a trading backup plan because your hardware is going to fail, period. I’ve been emphasizing this for years, ever since the original version of this article appeared in 2010. Yet, after my own series of catastrophic failures in 2018, I realized I needed to update my approach. In this article, I’ll share my … Read more
I get this question a lot: “I can’t trade the Emini because I’m not in the US time zone. What are the best markets to trade?” If you’re getting started with futures trading, choosing the right market is one of the first big decisions you’ll make. This question is actually a lot harder to answer … Read more
One of the key skills in reading pro vs amateur chart patterns is understanding whether the professionals are adding to positions or getting out — and this video shows you exactly how to do that in real time. This video was sparked by a great question from Lloyd about Wednesday’s “Last Roll of the Dice” … Read more
The Better Rotation Indicator is part of the free indicator collection – a set of tools built to help you track institutional money flow and get an edge over the market herd. The Better Rotation Indicator uses 8 major ETFs to track Global Macro trends. This indicator helps visualize the rotations from one Global Macro … Read more
The RAMBO pattern is one of the trading chart patterns I return to again and again — it’s built around fading amateur traders at extremes, and it works because the same crowd psychology plays out at every turning point in the market. Use the RAMBO (potential ‘Reversal of AMateur Break Out’) pattern to fade Amateur … Read more
The Gathering is one of my favourite chart pattern setups and one of the best ways to spot a high probability trade – named after the climactic scene in the 1986 film Highlander. Mrs Emini-Watch can’t believe I like the movie Highlander. What can I say, I’m a sucker for mid-80s films. I’ll admit the … Read more
There was a time when I was addicted to trading books – I must have read over 100! I read them constantly. Coding the good ideas I found and testing the setups they suggested. Moving from one to the next, searching for – well, the Holy Grail. If you’re looking for beginner trader resources, check … Read more
The Better Sine Wave is one of the ‘Better’ Indicators – my adaptation of John Ehlers’ Hilbert Sine Wave, a cycle-based oscillator that uses digital signal processing to measure cyclical energy in market prices. Ehlers’ original version, published in Rocket Science for Traders, does something most indicators can’t: it distinguishes between cyclical and trending price … Read more
Getting profit targets and stop losses right is one of the most debated topics in Emini trading – and my approach is probably different to what you’ve been taught. Conventional wisdom sucks! Or why I don’t use tight, trailing or breakeven stops. Exiting trades and the use of profit targets and stop losses is very … Read more
Plot vertical lines at the key times that matter: market open, close, 11 am reversal window, and end of week. Part of Emini-Watch’s free indicators for TradeStation. This free TradeStation indicator uses the new EasyLanguage drawing object classes, so lines extend from the top of your price panel through any indicator panels below. What You … Read more
Running stops is one of the most reliable patterns in Emini futures trading – Professionals use it deliberately to flush out Amateurs before the real move begins. Quick video today about Running Stops and the magic 2 point zone. Use this knowledge to place your profit targets and get out on some exhaustion activity. In … Read more
Do the ‘Better’ indicators work on Bitcoin? This is one of the more unusual questions in futures trading – and the answer is a qualified yes and no. And that’s the problem. Bitcoin data is all over the place and there is no single unified data feed. As of November 2020, there are (at least) … Read more
Over the years, I’ve catalogued 7 (so far) rules for Emini day trading that actually work. These “Rules of Thumb” keep me out of trouble and help me improve my results. These Rules of Thumb are nothing mind-blowing – just some useful guidelines that stop me from making stupid mistakes and keep me out of … Read more
Transcript of the video It is Sunday, 25th of January 2015, and I hope you’re having a great weekend. So, something a little bit different in this weekend’s video. I want to talk about “Day Trading Is Not Like Gambling, Except for This”. And it’s a little bit of a follow-up to a video I … Read more
Best Charting Software: It’s always a compromise Depending on what kind of trader you are, each of these 3 factors will have different significance. For example, if you’re an Elliott Wave follower you should choose the charting software package that gives you all the right Elliott Wave tools. If you’re an automated system trader then … Read more
The 7 Deadly Sins Trading Log is a free download in Excel spreadsheet format. The download link is at the bottom of this page. It’s built around psychological discipline in trading – because identifying and fixing your own mental mistakes is the fastest route to consistency. Identifying, tracking and fixing your most frequently repeated trading … Read more
Here’s how to use explosion and exhaustion volume to determine the trend. The Better X Trend Indicator is one of the free TradeStation indicators in my collection. Trend indicators are the holy grail of the indicator world – everyone thinks “If only I had a better trend indicator then making money in the market would … Read more
An ETF rotation strategy is one of the smartest approaches in futures market trading – and this method uses simple intermarket analysis to find beaten-down markets before the crowd piles back in. Been mulling over my longer-term investment strategy for a while now. Emini day trading, real estate and cash will only get me so … Read more
I’ve been using TradeStation charts for nearly 20 years, and before that, I used SuperCharts – the predecessor to the TradeStation platform. With over 25 years of TradeStation experience, I’ve compiled my top tips for getting the most out of TradeStation. These tips are drawn from my full guide to TradeStation – covering everything from … Read more
Margin requirements are one of the first practical things to understand in futures trading – this page tracks live data so you always have current figures for the markets you trade. Live Data from Interactive Brokers and TradeStation What is the difference between initial margin and maintenance margin in futures trading? Initial margin is the … Read more
Traditional momentum indicators measure price. But price is the result, not the cause. A volume momentum indicator measures buying and selling volume – the actual driving force that moves markets. That’s why I built Better Momentum. Better Momentum is one of three indicators in Emini-Watch’s indicator suite – each measuring a different aspect of market … Read more
Warning – this article is not for everyone. If you’re feeling fragile or negative, please give it a miss. What follows is the part of trading psychology most people underestimate, written for traders sitting in a losing streak right now who need a straight answer, not a hug. The email that started this Years ago, … Read more
Quick Answer TradeStation’s desktop platform is effectively free for non-professional futures traders who use a funded futures account rather than lease the software. For a full overview of the platform I trade on – including setup, charts and tips – see the main TradeStation guide. With a non-professional futures account that meets TradeStation’s activity and … Read more
The Emini (ES) is the largest of the “mini” index futures markets – with over 500,000 trades executed every day. If you’re new to day trading Emini futures, the ES is the natural starting point, but some traders prefer the extra volatility of the NASDAQ or the “smoother” trend moves of the Dow. If that’s … Read more
Tick Charts are one of my “secret weapons”. They’re part of the setup I use with professional-grade trading indicators – and the right chart type makes those indicators significantly more effective. Tick Charts are not very well known and can be confusing. From time to time, I get questions about Tick Charts, and yesterday’s email … Read more
The ‘Better’ Emini charts look a little different – not your traditional moving averages, Fibonacci retracements, RSI and MACD. They’re built around the ‘Better’ Indicator suite – three non-correlated indicators designed to work together. The video above runs through how to setup the ‘Better’ indicator charts with the 3 non-correlated indicators (Better Sine Wave, Better … Read more
