Well, got the gap and go that I talked about in the last post "Advancing Emini Trades Step by Step". Was looking for this Monday, but I think with Victoria Day being the national holiday in Canada we got a heck of a junky day to trade on Monday (thanks a lot!). That being said, today was the gap and trending day and had a few decent trend following entries (green arrows) and one nice, but risky reversal (red arrow) but had a picture perfect, right out of the manual reversal setup with an EE+D (green EE) staring back at us... BAM! The reversal wasn't worth a huge amount after the big rally, but hey when you read em' you read em', right? The entry that is a green/red arrow came off the new indicator I've been working on, my best entry of the day. Not released yet, but stay tuned, should be in the cards in the future. Once we got past the morning it was time to close up the screen as after being so extended it was too risky for me. Missed the top resistance by a tick, but being 30 points away and getting within a tick... not bad anyway. As followers know, trending days, especially up trends are hard for me to catch but I was all over this with the trend indicator, never had a thought of jumping in front of the train until mid-day, but we were extended so that wasn't all bad. If you can get on it and sit on it on days like today, you can make up for a lot of lost ground from days like yesterday...
Hope you got a piece of it!
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"Trader Joe" trades the Emini S&P exclusively and is the main influence behind EminEdge.com.
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