Had a really nice day today as the zones outlined where our areas of interest were nearly perfectly. I like to be done early and that was certainly possible today as there were four setups that all cashed out profits with no heat on the trades, and done before 10 AM. An hour and a-half is a normal day, but sometimes I have to slug it our for nearly two hours which drains me. Outlined above are the best Emini trades as I saw it, having one heck of a long trade all the way up to our level marked as a strong one (see the brighter cyan resistance) and had a big pullback there, then accelerated through before closing higher. Having the crystal ball out and knowing the levels the night before the market even opens takes the guesswork out. Gotta like that.
It's also important to take the Emini setups that meet our criteria and have the patience to wait for the EE, EE Diverge, setup patterns and S/R all cluster for the strongest entries. Consider increasing your lot size when you have four or more of our trade criteria showing up and press the profit taking as this will offset any smaller losses in a big way. Today was loaded, no excuses on not tearing up the trades today.
A quick housekeeping note; I have some things going on this week so might not have any time to do any posts but I'll update if I get the chance. Also, for the EminiEdge S/R Zone subscribers, sorry for the late evening posts lately, should be back to a more normal schedule next week.
Anyway, hope you all got a piece of it.
Emini Trading Blog
Want to know when there's a new post?
EminiEdge doesn't spam
"Trader Joe" trades the Emini S&P exclusively and is the main influence behind EminEdge.com.
Older Archives - Log In
Follow Emini Edge Trading