Trading Blog
Videos and Guides on Emini and Futures Trading
How to Know if the Professionals are Buying or Selling
This video was sparked by a great question from Lloyd about Wednesday’s “Last Roll of the Dice” Short signal: Hello Barry, How do we know whether the Pro bars at highs are initiating shorts or closing longs? One is bearish and the other is neutral until they re-enter the market. …
Emini Trading: How I Day Trade Emini Futures
This (long) article describes, in detail, how I day trade Emini futures and what works for me. It’s divided into more than two dozen question and answer sections, so use the links below to jump to the Emini trading topics that interest you: Use the links above to jump to …
The Better Rotation Indicator [Free Code]
The Better Rotation Indicator uses 8 major ETFs to track Global Macro trends. This indicator helps visualize the rotations from one Global Macro asset class to another – from unloved and over-sold to hot and being chased by the herd. Right now (4Q 2016) we’ve got a rotation taking place …
What Is the ‘RAMBO’ Pattern?
Use the RAMBO (potential ‘Reversal of AMateur Break Out’) pattern to fade Amateur activity at market extremes: The RAMBO indicator with volume exhaustion and divergence is like printing money!!! Good work sir!! jason t. Got a great question from Mike M. on Friday about RAMBO patterns: Hi Barry, Is the …
How I Day Trade Emini Futures
This is how I use the ‘Better’ indicators to day trade Emini futures for a living. In this video and article I summarize what I’ve learned and what works for me. You need to become your own trader No two traders are alike. No two traders have the same psychology, …
Trading Breakouts and ‘The Gathering’ Pattern
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 choice of Christopher Lambert, a French actor, to play a Scottish medieval lord was odd. But back then he was hot property, having just done Greystoke and Subway. …
15 of the Best Trading Books [Must Read]
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. I’m not sure …
Better Sine Wave Indicator: Using Price Cycles and Trends to Trade
The Better Sine Wave Indicator is unknown to the vast majority of traders. This amazes me – because if there were ONE indicator I’d recommend to traders to use, it would be the Better Sine Wave. Yes, it really is THAT good. Here’s what some users of the Better Sine …
Exiting Trades: Profit Targets and Stop Losses
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 controversial. I often get questions about why my stops are so wide and my profit targets so small. This email from Ron states the …
The Vertical Line Time Indicator [Free Code]
Here’s a free TradeStation indicator that uses the new drawing object classes to plot vertical lines on your charts at any time you want. I use the indicator to mark the four most important times of the trading day/week: You can adjust the indicator inputs to plot the four lines …
Pros Running Stops and Where to Put Profit Targets
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 the Emini market you will always find a cluster of Stops sitting 2 points above a previous pivot high and 2 points …
Do the ‘Better’ Indicators Work on Bitcoin? Yes (and No)
Do the ‘Better’ indicators work on Bitcoin? Well, 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) 28 exchanges where Bitcoin trades. On the plus side, the activity is …