Saturday, January 23, 2010

ES Were you watching?

Jan 23rd,2009

In the last post we were noting how the market was at a very important level to move stops on longs becasue the market was setting up for a fall. We also emailed all our members and our free email list to warn about the up coming drop. The next trading day after the email and Blog Post the market was up. We got allot of emails saying how we were wrong in our predicition. Yes, we were wrong by 1 trading day. But we said this is a MONTHLY reistance so it could take a few days for the chart to align.

We teach how to get a overall market outlook and how to stick to that outlook so you dont get emotional entries in the markets. 95% of entries are emotional NOT technical. We teach technical trading for the Bigger picture then how to nail it down to a smaller time frame to take advatage of the moves with less risk by using the Turbo Scalper System or by using our 3 time frame trading style that is build for confidence and tight stops.

We hope you found some value in the last post and emails and at least move the stop up on some of your longs if not participate on the short side.

To get our members on emails with specific levels and trades for Stocks, Options and Futures Join us today and get it all for free!

Until the next update,
Happy Trading,
www.eMiniSchool.com

P.S Looking at the 15 min chart above notice how our blue bars caught evey low in this down move! Friday we didnt get a blue bar until the last bar of the day, the bars stayed red all the way down making it eaiser to follow the rules of our system.

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