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

emini trading blog

Emini Trading Setup & Trades Micro-Update

12/17/2018

4 Comments

 
Picture
Picture
Chimi Traders,

Micro-Update: ("mini" would be too confusing, yes?) 

Nice 10/cntrct short on this last one at the + marks the spot. Had a small loss on the previous two (see marks), first a short, then a long attempt. This is nice as well as it shows that with a 33% win rate I'm still up handily for the day... If only there was a way to hang on to these runners for much more when they happen. I did try once to quantify this with some trailing stop scenarios and it always ended up good with the runner but ended up losing a little more on the ones I would have taken a profit target on earlier, and overall made less profit. The runners, percentage wise, just weren't enough to make up for taking less profit on the non-runners.  Dang math, always in the way...  I'll keep trying but don't see a simple answer.  If someone else finds the trick let me know. 

Good Trades,
TraderJoe
4 Comments
JL
12/18/2018 02:08:02 am

Nice trade...no need to be greedy.

Reply
TraderJoe link
12/18/2018 02:08:30 pm

True, true... The engineer in me always asks "what if...?" though, call it a psychological flaw I guess... ;)

Reply
vicker23
12/19/2018 02:13:17 pm

Any profits are good profits! So what was the setup for this?

Reply
TraderJoe link
12/19/2018 08:20:19 pm

Hello,

This was a really decent setup, all of the 4 criteria were there: (see first chart)
1) In a downtrend, looking for shorts (red trend predictor on bottom)
2) Exhaustion on the EEdge Volume (and divergence)
3) + marks the spot at resistance
4) EEdge HeatMap had a dandy pro-bar right at the top to confirm the entry (see second chart, nice little retest bar).
5) BAM! Limit in near resistance

Wash, rinse, repeat...

Good trades,
TraderJoe

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    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