Market Forecast Videos

Emini Trading Weekly Day Trading Wrap Up

Volume in the S&P 500 has been steadily declining for the past 90 days or so, but the long trend has stayed in place.  The most important lesson this week is to become dissinterested in the market when it’s choppy, and push for profits when the market has strength and is respecting areas.  It’s so simple, but on of the toughest things to stick to when trading.

For the past couple of weeks we’ve been begging people not to buy into the perma-negative commentary on the news.  In fact, if you’re trading intra-day watching the news is one of the worst things you can do for your discipline.  A lot of traders have been trading short, and keep getting squeezed.  Remember, what’s popular is usually wrong.

01/18/12 Oil, S&P 500, Euro and Broad Market Analysis

We saw a little more volatility and “emotion” coming back in to the market from yesterday’s trading.  And even though a lot of perma-bears are sitting short, the charts say more upside movement is likely.

The MAP Trade Signal Software gave us 66% winners on longs for the ES today, and the CL (oil e-mini futures) had a trade of the day with a $1.00 short trade.  Unfortunately, I was distracted by the ES and didn’t get a fill on that short, but it was a great day nonetheless.

How Standard & Poor’s European Downgrades Benefit Day Traders

So there’s been a ton of fear and panic around the possible downgrades of 15 European countries

And that has made for some incredible movement in the markets this afternoon. In the video below you’ll see how once sellers lost control after the lunch break, shorts started popping through price support areas with no problem.

Pay attention to today’s market recap video, because we’ve seen many days play out just like today…

We’re also starting a new round of Foundations Classes this week. If you have any questions about Emini Academy cost or scheduling, feel free to call an Education Counselor at 800-788-1658.

Price Support Holding, but Traders Getting Bearish on S&P Emini

The longer-term outlook of the stock index futures markets have a few conflicting biases.  Price structure is holding strong with support and buyers holding the S&P up above the 1240′s, but the COT Net Position indicator is showing us that the “smart” and ”dumb” money is getting short this market.

Nevertheless, this indecisiveness gives us nice intra-day trading volatility.  And when there’s confusion and emotion running the markets, trade setups become very clear.

Although I don’t care where the market is headed a month or week from now, it’s still very insightful to understand what’s causing the nice swings in price.

 

We’ve also had many inquires about availability and cost for the Emini Academy’s MAP Trading Program.  As you may already know, we don’t teach basic trading theory that you can find online for free.  Our education is focused on teaching our students how to execute the MAP Trade Signal Software.  If you have any questions about the price of the Emini Academy, feel free to call an Education Counselor at 800-788-1658.