EminiEdge.com
  • Emini Trading Plan
  • Trading Indicators
  • Trading Blog
  • Emini Futures
  • Pricing

emini trading blog

Emini on the Edge, Again...

2/7/2016

 
Well, well, well...

Looking into the face of an EminiEdge...  How can you not be a smidge nervous looking into those eyes?   Well, I digress, but you should.  The expected reversal on last Wednesday is almost a failure.  Failure of a trading signal, and at best a capitulation of the setup is a setup in itself.  Wait... what?  When a setup fails and capitulates or reverses, it many times becomes a trade in the opposite direction.  That's kind of where we are with the 1865 and then again on the 1800 level on the ES.  We had a dandy indication of a breakout to the upside on Wednesday, waiting for confirmation on Thursday, then Friday made an about face.  This lack of strength is worrisome, but until we get a close down here, still no confirmation but only a zebra stampede forming.  Only time will tell the direction but as mentioned before were on the edge, so trade what you see, not what you think.  That's kind of the theme of this video as it is easy to get sucked in...  

Good Trades,
Trader Joe      


Comments are closed.

    Emini Trading Blog​

    Want to know when there's a new post?
    Finding emini trading articles blog
    EminiEdge doesn't spam
     See Privacy Policy

    Categories

    All
    Choppy Action
    Drawdowns
    FOMC
    Reading HeatMap
    Reading Pros And Ams
    Reversals
    Rollover
    Setups
    Trends

    Author

    "Trader Joe" trades the Emini S&P exclusively and is the main influence behind EminEdge.com.  

    More About joe

    Archives

    March 2020
    February 2020
    October 2019
    August 2019
    July 2019
    April 2019
    March 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015

    Older Archives - Log In

    Training Pricing >>

    Follow Emini Edge Trading

    Tweets by @EminiEdge
    StockTwits
    EminiEdge Trading Commodoties Charts
    How to Trade Emini Futures

Home

About Joe

Trading FAQ

Sign-Up

Contact

Legal

Copyright © 2020
  • Emini Trading Plan
  • Trading Indicators
  • Trading Blog
  • Emini Futures
  • Pricing