Saturday, January 16, 2010

ES Update!


1/16/2009

As noted to our premium members in our members only emails for the last week we have been watching the 1145 level as a HUGE level to really pay attention to on the ES. This is a Monthly resistance level and you must be aware of this level if you are long this market. Over the last month the markets have climbed higher on low volume right up to the 1145 level. The high was actualy 1147 on this leg so far. There was a Doji on the day we were looking for a top then we engulfed it to the downside.

Going forward into next week we would have our stops in tight on longs and be looking for new trades to the downside. We have pinpointed a few stocks to buy puts on Next week, if the market give us a sell signal.

Be very careful with your longs here!

Happy Trading,

Friday, January 8, 2010

Did you catch the pattern in the ES?


Jan 8th, 2010


Hello Traders,


Looking at the 30 Minute chart as we noted to our members in real time we were watching the Head and Shoulders pattern that was forming as everyone was saying that the 1100 level was a sell level in the ES and to take short positions. We waited and watched how this pattern played out and there was a perfect "right shoulder re-test" to take the markets higher.


There are a few minor resistances coming into play but 1235 is our ultimate upper target for the ES.


We are running a special with $2500 worth of FREE bonuses for anyone who joins our team by Jan15th. To learn more about this simply email us at trade@eminischool.com to learn how you can receive $2500 worth of bonuses for FREE!


Happy Trading,


Saturday, December 19, 2009

7 Ticks of Risk / 40 Ticks of Profit!!


Hello Traders,

Dec,19th,2009


We had a great question emailed to us today and would like to answer it in the blog so everyone is aware of the answer. The question was "Does your indicators and methods work on Range Charts?". The answer is YES, all of our methods and indicators work on all time frames with any style of chart meaning; they will work on second, minute, tick, range, volume, daily, weekly and Monthly charts.

Here is a example of a 4 Range with the TF (Russell) on Dec 18th.

The blue bars came in at the low of the move warning us that a big move was about to happen. Once the move started and we see that is a up move we wait for the 2nd set of Green bars for our long entry. Using a 4 Range chart we know that are stop will be MAX 8 ticks which is 2 bars. No matter if there are 5 red bars or just 1, as soon as the bars go back to green we know that is our defined signal to enter the trade long.

Notice how the bars stayed green all the way up and so does our Moving Average, this will give us a visual that we are trading in the proper direction and it is easier to hold the trade. From the Blue bar low telling us a big move is going to happen then the price goes up 45 Ticks, then we ultimatley get stopped out of the trade with 40 Ticks as we move our stop to the low of each now blue bar that is printed. This gives us a defined exit just like we had a defined entry. Once a bar closes it will never turn back to a different color meaning; once the bar closes green it will always be green FOREVER, we know allot of systems change the bar back to another color even after 3 or 4 more bars have been printed. Our system does not do that.

The 4 main things to look at on this chart is (1) How big the stop was (2) How much drawdown we took on the trade (3) the blue bars gave us a great "heads up" as to when the move was starting and ending (4) the risk to reward on the trade. Seeing how the bars stay green and red for confidence in realtime is also another great thing to take note of.

If you have any questions regarding our indicators or trading methods feel free to email us at anytime at trade@eminischool.com

Happy trading!

Thursday, December 17, 2009

Turbo Scalper Shorts +8.00


Hello Traders,

12/17/2009
Today we hade 2 nice Turbo Scalp Trades to the short side. The first trade was from 1102.00 with the price falling down to 1097.00 on the first push down. The second trade was from 1098.00 down to 1094.00. Each trade had a max gain of +4.00 points or +8.00 points taking both trades.

When looking at the chart we are not only wanting to point out the profit potential but really the most important part is seeing where are stops were on both of the trades. We place our stops 1 tick above the last high (the green bars before the short signal fired off). As the price falls we lower our stops and follow the trade down.

We always want to confirm our Turbo Scalp Trades to make sure we are only taking trades in the direction of the 3 and 10 Min Kill Zone charts. If both the 3 and 10 minute are not saying the same thing (which would be short in this example) we skip the trade. We always want Multiple Time Frame confirmations that we are scalping in the proper direction. Then we take our direction then narrow the entry down by using the Turbo Scalp Trading Methods.

Our Rule is 2 Winners in a Row , Stop Trading and Bank the profits for the day!!
For more information on the Turbo Scalp and Kill Zone Trdaing System please go to www.eminischool.com or contact us at trade@eminischool.com
Happy Trading!

Saturday, December 12, 2009

When the ES is slow....


Hello traders,


Today i wanted to write a quick article on trading with regards to taking trades out of boredom or frustration when the ES is choppy and not moving fast enough to keep you intrested. One of the worst things you can do as a trader is to take trades out of boredom, it will program very bad habits and you will most likly lose on the trade as even if you enter in the right direction it is very hard to hold the trade to the profit target if the markets are trading slow. So what this will do is alter your risk / reward on those trades.

When the ES is trading slow try looking at the Russell symbol (TF) as most of the time the TF will trade faster than the ES. Each full point in the TF is worth $100.00 unlike the ES where each full point is worth $50.00.

Also the TF seems to break harder one way or the other if you are a breakout trader. We are not breakout traders we always want to enter on pullbacks, but if you are a breakout trader the TF is a great contract to trade. We beleive the reason whey the TF breaks out harder than the ES is because there is not as much hedging going on in the TF as there is in the ES. This is just something we have noticed in our years of trading.

The TF also trades more stocks if you like trading stocks. The TF trades like a AAPL or GS something that really moves throughout the day and the faster it moves the quicker you can bank your profits. Some people will say the TF is too thin, but this can work to your advantage if you are on the right side of the trade, plus unless you are trading more than 100 lots we would not be concered about the TF being thin.

Keep an eye on the TF if you feel like you are getting bored or frustrated during the day trading the ES if the ES just seems to be chopping back and forth for the day.

The chart above is a 3 Minute TF chart. We had a very nice sell signal (the 2nd set of reds) for a nice 6.00 point winner on the short side. Also notice how on both legs down the blue bars came in at the low of each of the moves to give us a very high odds of a turning point which nailed the low of both of the moves down. Looking at the chart would you trade long against our sell signal? It is very key in your trading to have a real time visual on the market to keep you trading in the right direction!
Happy Trading!

Saturday, December 5, 2009

ES Day Trading!


Hello Traders,


Fridays action was back and forth but our Blue bars did a nice job of telling us we were at the High of the day and at the Low of the day with our Blue Bars.


With Thursdays sell off at the close we had a very nice sell signal on the 10 min and the 3 min then the market dove into the close with Blue bars Nailing the Low of the day on thursday as well.


If the ES stays above the 1075.00 level we have a good chance of breaking to new highs with our upper targets being 1126.00 then 1162 then the highest target being 1234!


We are getting a negative divergence at this high but going into next week we will be watching how Tuesdays market closes.


Happy Trading!

www.eMiniSchool.com

Monday, November 2, 2009

NinjaTrader + New Pricing!

Hello traders,

News Update: We are active with Ninja trader!

We are proud to announce that eMiniSchool has partner with Ninja Trader to deliver our members more variety of charting platforms!

We are very pleased to offer the NinjaTrader platform to our clients for many reasons but one great reason is that you can get started with NinjaTrader for Free! You could easily pay hundreds of dollars per month for products with less functionality but with NinjaTrader all you need is access to a real-time or historical data feed based on your requirements and their advanced charting, market analytics, system development and trade simulation can be used for Free!

NinjaTrader has excelled in the area of trade management with its innovative Advanced Trade Management (ATM) technology which protects your open positions through predefined strategies that you create which semi-automates stop loss and profit target brackets on order entry, trailing stops, auto-breakeven stops, and much more…

NinjaTrader is also a true end to end strategy development and automated trading platform. Develop your strategy concept, construct it, historically test it, optimize it, live simulation test it and then live deploy it all through your account here at our firm.

Please continue read about NinjaTrader’s many powerful features and how it can enhance your ability to effectively trade the markets.

This is a great way to have a charting platform with a lifetime license to cut down your long term trading overhead. Also NinjaTrader has more indicators then e-signal and it is easier than Trade Station to use.

eMiniSchool is always striving to deliver the best trading tools to our traders.

IMPORTANT ALERT: If you already have our system and would like to get a lifetime license with Ninja Trade there is NO fee to change platforms. Just simply email us and we will take care of you.

PRICING UPDATE: On Nov #14 the price of our system will be raised to $3995.00

You will receive 23 educational videos (3 hours)

PLUS 4 hours live mentoring/ trading.

Both the Kill Zone and Turbo Scalp trading Systems!

Lock in the low price of only $1395.00 today, before the price goes up. We want you to get the discount and learning how we trade can truly change your trading career FOREVER!

Learn about NinjaTrader here: www.NinjaTrader.com

Click here www.eminischool.com to go to our site and lock in the low rate, Remember Nov #14 is the absolute deadline for the $1395.00 price!


P.S Everyone who buys our system before Nov 14th will also receive our member only emails for FREE for TWO years. This is a $69 monthly value! Thats a $1656.00 Value YOURS FREE!