Next week in currencies should be fun. We’ve got the US Dollar in the middle of a Short covering rally and a bunch of currencies are sitting on a ledge – Yen, Euro, Pound, Aussie, etc. They could easily fall off and lead to some larger range activity as they try and find the next […]
Emini Trading Blog
This turning point has been 4 years in the making. But I think we’re finally at the other side. When all the to-ing and fro-ing is over and the new trend gets going proper. It’s interesting because everyone is worried about the equity market and it’s stretched valuations. Meanwhile, the much bigger and arguably more […]
Two slow as treacle days in a row. Yesterday I made the mistake of exiting too early – before the Blue Professional Up Bars. Today I wasn’t going to make that mistake – even if I did get shaken out before the move got going 🙂 Good luck with your Emini trading.
Amateurs going Short and getting drilled 11 out of the last 14 days. Watch for the first RAMBO pattern of the day and fade the Amateurs. Good luck with your Emini trading next week.
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% […]
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 […]
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 are my […]
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 […]
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 […]
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 […]