Show Me The Money! [Morning Breakdown & Reversal ES Trades] December 5, 2012 by Chris Dunn
In today’s episode I talk about the late morning sell-off and reversal we saw in the e-mini stock indices. This movement made for a few nice day trades.
Also, I take a look at the current state of the markets, and where we could be heading next. Overall, I still think the best strategy is to be a day trader while the S&P 500 and other indices are stuck inside of major support and resistance.… Read More
My take on the ES this morning December 5, 2012 by Chris Henry
Hey traders…We had some great volatility this morning that gave us some enticing opportunities on the ES.
We started out with a pretty strong bearish run, actually breaking through a key level at around 1400. However, buyers stepped right back in and drove price back up to around the high of yesterday and late last night.
This kind of movement and oscillating environment this morning… Read More
Day Trading the Open – How to Spot Capitulations & Oversold Conditions [And ES Trade Setups] November 28, 2012 by Chris Dunn
The S&P 500 e-mini had a wild trading day today with a mid-morning reversal that gave some nice long signals on the MAP Trading Strategy.
After two days of consolidation, we were expecting a big breakout, which came right after it sucked a lot of longer-term traders short (why we only look for small runs in the market instead of leaving massive risk out there).
As MAP Trading Program members… Read More
How to Thank Our Fallen Special Operations Veterans… November 12, 2012 by Chris Dunn
With Veterans’ Day being observed today, I can think of no better time to give thanks and remember those who have made countless sacrifices for the Unites States.
This holiday is especially meaningful to me because my Dad, Grandpa, Brother, and many other friends and family members have served in our military.
And for those who know me, you know I’m a huge supporter of the Special… Read More
Presidential Election Market Crash – How to Trade the Biggest Crash & Rebound of the Year November 7, 2012 by Chris Dunn
As of the lunch hour today, the market is having its biggest sell-off of the year on high volume… I think this is due to in part to the reelection of President Obama and more issues coming out of Europe.
I posted this picture on the Emini Academy Facebook page, which showed how the market fell off over 47 points in half a trading day…
But this is actually a great thing for day traders,… Read More
Pre-Election Trading – How to Capitalize on a Slow Market November 5, 2012 by Chris Dunn
As expected, the markets started off a little slow today because the Presidential Election is tomorrow. During past elections we’ve seen slow, but highly volatile markets – And today was no exception!
We had 7 trade setups on the e-mini S&P 500 (Symbol: ES), with all but 2 hitting our main profit targets.
The slow market conditions actually made for a great learning environment… Read More
How to trade key market reversals & ride strong trends November 1, 2012 by Chris Dunn
Well, after 5 days of consolidation the E-mini indices finally got enough mojo to pop to the upside. And with both the “smart money” and “dumb money” net long the markets right now, we were anticipating a bull trend to develop either today or tomorrow.
Because trading is like chess, we need to anticipate market conditions and trade opportunities. And the more prepared… Read More
10/26/12 E-mini Futures Day Trading Forecast & Review October 26, 2012 by Chris Henry
We’ve seen a little bit of a sell-off in the S&P e-mini the past couple of weeks. And there seems to be quite a bit of indecision with the election quickly approaching.
This is good news for day traders because it means increased day trading setups. However, the tight range the past 3 days has meant quite a bit of choppiness and lack of opportunities…
Even though the MAP Trading… Read More
How The Recent Volatility And Extra Volume Have Given Us More Trading Opportunities September 5, 2012 by Chris Henry
If you checked out my blog post from August 23rd, you know the markets have been in a tight range with very low volatility…
But even though the markets are still generally flat, we’ve seen an increase in intra-day volatility and the amount of day trading opportunities.
Watch this video to see how we’re getting better setups even though the market’s still in a tight… Read More
How To Trade Lower Volatility Without Getting Whipsawed August 23, 2012 by Chris Henry
After some lower than average volume during August, we noticed some increased volume and volatility, and had some nice trading opportunities. Since there’s an “ebb and flow” to the market conditions, Emini Academy students focus first on only trading when market conditions are favorable.
We expect the volume and trading activity to increase after Labor Day … Read More