June 30, 2011
Going into the weekend we would scale out with some profits and move the stops to even.
Happy Trading,
www.eMiniSchool.com
Thursday, June 30, 2011
Monday, June 27, 2011
Scalper Video
June 27, 2011
A follow up video from the last NQ Turbo Scalper video on post on wwweminischool.wordpress.com.
Make sure you subscribe to the wordpress blog by entering in your email so you do not miss any updates.
Happy Trading,
www.eMiniSchool.com
Sunday, June 26, 2011
NQ Turbo Scalper- Multiple Time Frames
June 26, 2011
It is important to confirm your entries to a higher time frame. All moves up and down end for a reason it is just pinpointing the potential turning point ahead of time so you are not emotionally buying the top of the wave or shorting the bottom of the wave.
The Turbo Scalper is designed to catch the best entry points in within the larger waves. We will usually get multiple entries on the scalper within one larger wave and knowing this slows down the market so we are not trying to catch the bottom with a long trade.
NQ 1st target is +4
TF 1st target is +2
CL 1st target is .25 cents
It is best to trade a symbol where you can trade at least two contracts so you can scale out of the trade. Scaling out and putting a stop to even can be a huge money difference over the course of even one week because you are banking profits that might not be there if you were only trading one contract meaning; if you take +4 and then get stopped for a loss of 4 it is a even trade. If you were only trading one contract going for the bigger target you might end up with a 4 point loss on the trade. It can be a big difference.
Many of our members have said that the thing that got them consistently profitable was switching from the ES to the NQ and trading multiple contracts. The NQ is $20 per point so you will have less emotions to actually trade the signals NOT the P&L screen.
Happy Trading,
www.eMiniSchool.com
Saturday, June 25, 2011
CL Pattern
June 25, 2011
We are watching the $92.15 level early next week. If we trigger long on the pattern buy we would be careful on the short side Monday and Tuesday of next week.
Happy Trading,
www.eMiniSchool.com
Thursday, June 23, 2011
Scalping the NQ's
June 23, 2011
With the pattern support and the 10 minute blue bars we had confidence to scalp long. We are still looking for higher prices on the NQ.
Happy Trading,
www.eMiniSchool.com
Tuesday, June 21, 2011
TF and NQ Turbo Scalper
June 21, 2911
Turbo Scalper on the TF and NQ.
Happy Trading,
www.eMiniSchool.com
Tuesday, June 14, 2011
AAPL Weekly Calls 60% today
June 14th , 2011
This is a follow up video from our wwweminischool.wordpress.com blog. We noted that we were wanting to enter the weekly 330 calls looking for the 335 level to take profits. AAPL was up $5.80 today and the options had a nice move.
If AAPL would not have gaped we would be sitting on 150% profits but we can only trade what the market gives us. Look to scale out tomorrow at the $335 level.
Happy Trading,
www.eMiniSchool.com
Monday, June 6, 2011
AAPL follow up video
June 6th, 2011
This is a follow up video from the wwweminischool.wordpress.com blog site. If you want to follow us please subscribe to that blog.
We did not get filled on AAPL calls today as AAPL was in shorts all day. We will follow this one this week.
Happy Trading,
www.eMiniSchool.com
Sunday, June 5, 2011
Fib Time
June 5th, 2011
Quick video on how to use Fib timing without any tools.
Happy Trading,
www.eMiniSchool.com
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