Lately I’ve been focused on trading the e-mini S&P 500, Russell 2000, (and whatever other markets are working well).  Because of the tight consolidating markets, I’ve been looking to take smaller profit targets due to a lower Average True Range of the market.

In this video from yesterday, I show you the difference between the consolidating markets and the breakout markets… Read More

Since the first trading day of the year, the markets have been in a slow bullish trend. In my last post, I talked about the 3 phases of market conditions and why a panic is likely to come soon.

As our MAP Trading Program members know, these are the best markets to learn to trade. Why? Simply because they’re moving slower. It’s best to prepare now so you can “press the gas”… Read More

One of my favorite setups is a breakout trade.

Why?

Because when they pop, they usually run for quite a while. Unfortunately, a lot of traders tend to get faked-out.  We call them “fake-out breakouts”.

Our trading strategy helps us analyze market conditions to decide if a breakout is going to happen, or if price action is likely to flounder around.

In today’s video,… Read More

If this past year has taught us anything about the markets, it’s that traders need to be flexible with changing market conditions.

For example, in highly volatile markets we can see average profit targets on the E-mini S&P 500 (ES) at about 3.5 points, or $175 per contract. However, in consolidating markets it can be a challenge to get your average above 2 points, or $100 per contract.… Read More

Recently on the S&P 500 emini, we have seen price test and then respect some major support and resistance levels. Luckily for us day traders, the range between these levels is about 9-10 points and we have had some beautiful movement within this range.

See the video below to see the opportunities that came with this movement:
… Read More

We have a massive battle going on right now in the markets, and we are at a 5-year high on the S&P 500 emini charts. In this video, I show you the long opportunity we had this morning with MAP and also show some student charts.

Click here at 2PM EST to enter the trading room (no password required)

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As all our MAP Trading Program members know, trading is all about combining a mechanical strategy with the art of understanding current market dynamics. Unfortunately, a lot of new traders look for the “magic bullet” to make them a million bucks on autopilot. But as professional traders know, there are no short-cuts in trading.

Today was a perfect example of how our MAP Trade… Read More

The market has been in a steady slow bullish trend for the past couple of weeks, and we’re quickly approaching the 5 year market highs set back in October of 2007. After the big capitulation on the first trading day of the year, the market has shown no signs of weakness or a slowdown.

What does this mean for day traders?

Very simply, it means there are a lot of “eyeballs” on the… Read More

Typically the trading day before and after a holiday shows lower trading range and volume. As our MAP Trading Program members know, it’s best to trade when there’s volatility and liquidity. However, even with lower volume today we had some nice quick setups on the S&P e-mini and e-mini DOW.

The daily charts have broken out into multi-year highs, which has attracted more… Read More

The volume is slowly getting better as we get further from Christmas. Check out my end of the week recap of the ES.
… Read More