Emini Trading Update – Tuesday 18 Jan 2011 (12:25)
Finally settled after a few days travelling and back to Emini trading. The jet lag certainly helps getting up at 4:30am here in Hawaii to start the day trading. Then by 10:30am you feel incredibly productive!
Anyway, the market continues up – what’s new. But we now have some X-Trend support levels that need to hold for the uptrend to continue to prove itself.
The first one (daily) is at 1276 and the second one (weekly) is at 1257.
In the video I mention “Trend Tells” and how to know if you’re in an uptrend or downtrend – there’s more detail on how to do this in the Trend & Tells video.
Lastly, the rollout of Better Momentum for NinjaTrader 7 went really well and no significant installation issues came up. Thank you to all the NinjaTrader users for your patience in finally getting this indicator out.
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.