+ 10 Point Short

5/28/2010

Today was a great 2nd session outlook trade. We use the first two moves of the morning to get our trade set-up. Today it was a short for +10.00 points to the target. We had a pre-defined stop and we know the targets ahead of time to know how many contracts to trade so you can maximize the reward while staying within your comfort zone.

Also the blue bars told us the move was starting and notice how the blue bars caught the low of the day and the high after the low was put in!

Would you stay short when the blue bars appear at the low or long when they appear at the high?

It is a good real-time visual so you can gain confidence in the direction.

Have a great weekend,

www.eMiniSchool.com

2nd Session Short Trade

5/15/2010

We are still within the high on the low on the 60 minute chart. We could be making a wedge noted last week. Inside of wedges the market will get choppy so the best trade is the 2nd session outlook trade. This was not a perfect 2nd session trade as the color change happened a little soon , but nevertheless it would be a more aggressive short but with the color change it is worth the risk for the reward.

There was 15 points worth of profit potential with a 3 point stop!

Happy Trading,

www.eMiniSchool.com

TF Blue Bars nails the low!

5/17/2010

We had our upper levels and lower levels for today from last night's video. Today played out that 60 minute pattern. Also the 3 Minute charts had blue bars at the lows to confirm that the low was in and the 60 minute pattern would most likely hold.

It is always best to obey the blue bars every time along with all of our other signals.

Happy Trading,

www.eMiniSchool.com

Blue Bar Low!

5/14/2010

This is a good example on why we do not short the lows after we have 10 minute blue bars. The odds are too great that the low of the day is in. Having your trading plan on the chart can give you confidence in yourself in real-time to either hold the trade longer to maximize for reward and to tell you what NOT TO DO.

Knowing what not to do in trading is more important than knowing what to do, so you are not always fighting to get back to even everyday.

Happy Trading,

www.eMiniSchool.com

+7.8 TF Short (2nd Session Outlook)

5/13/2010

Today we had a great 2nd session outlook trade. This is one of our course set ups in our trading course. It gives you a high odds area where the market will go after lunchtime. Using this trade set up can slow the market down and instead of you trying to predict every move of the market you just wait for this trade and take the profits at the targets.

Most people say they would be happy with 2 ES points a day. I am not sure why anyone would have such a low profit gaol on the day but that is how everyone advertises to people to make it sound "easy" and doable. The truth is it still takes most trades all day long to get 2 points and way to many trade to get it.

Our approach slows the market down and the targets are bigger then most methods of trading. But we feel as though it is best to take what the market will give us while managing the risk with dynamic entries and stops.

This trade was +7.8 on the TF which is like +15.00 ES points!

Happy Trading,

www.eMiniSchool.com

Live Trade for 5.5 points!

5/11/2010

Here is a quick Video of today on the TF 3 min. The 10 minute chart had blue bars at the top telling us to stop going long then we wait for a sell signal on the 3 minute chart. This was a counter trend trade so we take the profits at the targets and we are aggressive with the stop instead of trying to trail it.

$550 per 1 lot in 23 minutes!

Have a great day,

www.eMiniSchool.com

ES Update . Time to short yet?

5/9/2010

Even though the market took a huge dive on Thursday the low that was put in place has support on it. So we still have the 1225-1238 Zone and that zone on the ES is still valid until we break the 1056.00 low and even if we break that over time we still could hit it but odds would be less at that point.

Our outlook is very choppy and emotional for the next week. If you are day trading pick and choose your trades wisely because although you can make big money with the market being very emotional you can also lose big money very fast.

It is always best trade the methods and the signals and follow the chart, NOT your gut!

Happy Trading,

www.eMiniSchool.com

ES and TF update

5/8/2010

This is a quick video from the last few days. We had a nice 60 minute sell signal after our upper target of 1216 was hit. Actually the high was 1216.50 only 2 ticks off our target. It is important to trade the patterns and learn how to get the levels ahead of time then trade accordingly to the bigger outlook so you do not get sucked in trading counter trend. Trading counter trend is the fastest way to lose money and confidence.

If yo do trade counter trend there are specific rules for that and only highly experienced traders should trade counter trend. The first step is learning what is counter trend so then you can make the decision if you want to take a counter trend trade or skip it. 95% of traders do not know they are trading counter trend and this is very dangerous.

Like we have said before if you are still stuck on the question if you should be long or short STOP trading. You should know the direction and the only question is "where do I enter" then from there you go on to the question "where do I exit".

We have broken our course down to give you those answers in real time.

Have a nice weekend,

www.eMiniSchool.com