Emini FuturesCast / The Daily Pod 05/17/11

Trump declines the Presidency, my wife declines a guest spot on the program, and Mr. Las Vegas informs us that Jesus has oficially declined to return this Saturday May 21, 2011 much to the chagrin of the folks behind the billboards. All that and so much more. How do we pack so much into 2:25:47 ? Wheat thins and anti-coagulants my friend... The Official Talk Radio Breakfast of Champions!

We are still faced with an economic picture that simply reeks of a slothful recovery! The US Dollar Index as of late has even pressured the indices. The US Dollar may encounter some topping action soon, perhaps allowing for a pause in the downtrend of the E-Mini S&P 500. Unfortunately, today was fraught with negative reports. Manufacturing output was down 0.4 % as auto parts may have been sparse due to the earthquake in Japan hampering production.

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Emini FuturesCast / The Daily Pod 05/16/11

Graduation, Gold, and one Grumpy old man (me).

The onset of further economic worries may lead to a potential gap down tomorrow! Technology and non-essential stocks reacted to the weakened economy by falling today. NY Fed manufacturing “Empire State” business conditions index fell to 11.88 from 21.70 in April. NAHB Index of six month home sales was the lowest since September of 2010. We now note the inverse relationship between the US Dollar Index and the E-Mini S&P 500. We usually notice the inverse relationship between the precious metals and the US Dollar Index, but now we see the dollar pressuring most of the other commodities markets. Amazon and EBay fell about 3 each, JC Penny fell 3.2 , Lowe’s fell about 3 while Cliffs Natural Resources was up 3 and Pfizer and Merck up .4 and .3 % respectively. 

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Emini FuturesCast / The Daily Pod 05/13/11

Today was an active day. It reminded many of us why we originally fell in love with the S&P 500. It moved, it had swings, it faked us out, it rallied, it dropped, it was darn near awesome. Momentum, volatility, range, it was all there. Will it return on Monday? Stay tuned and we'll find out together...

I want to welcome the new CFRN Partners, show you a few charts and call it a week.

#1) Let's look at today's action sans the indicators. We showed the same chart during the live broadcast with the indicators. If you would like to request a private session and see the indicator setup, close in real time, call 1-866-928-3310 or email tech@cfrn.net . Before we look at the first chart there are a few caveats. 

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Emini FuturesCast / The Daily Pod 05/12/11

Houston, do we have a bottom? Is there more to come? Be mindful of the Euro and the direction it takes from here. Did Bin Laden's death change your life? Will you remember where you were 10 years from now?

Today’s reports were fairly good, but perhaps in the mix, the investment world is leery about the US Federal Government as the next course of action is a bit of a mystery. QE2 is set to expire June 30th, but any monetary policy changes are only chatter for now. The US Dollar also dipped taking the pressure away from the commodities markets. Initial Jobless Claims were down by 44,000 last week to 434,000.  This was under expectations and does not yet reflect any improvements necessary for recovery in this area. Retail Sales Increased 0.5 %, giving 9 months in a row of increased sales.

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Emini FuturesCast / The Daily Pod 05/11/11

Another lively discussion about all things Emini. We discuss the huge sell-off in commodities and how it will play out in the markets we trade. We also re-cap yesterday's interview with Trader X and focus in on what it takes to qualify as a successful trader.

You will find 3 charts below. #1 is what the day looked like through the eyes of a CFRN Trading Partner. The only difference is, they had the benefit of our proprietary indicators and unique setups. If you would like to see the trades as they unfold -

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Emini FuturesCast / The Daily Pod 05/10/11

Today we interview Michael X. More than what you hear, listen for what you don't hear. No fist bumpin', chest thumpin', bravado... just a soft spoken guy who leans towards the humble side of the aisle who also, just so happens to trade 1,000's of Emini contracts per day. Pay very close attention to his answer when I ask him what he considers a "good day". You might be closer than you think...

In fact, you could be just a Free Trial away from Emini Success!

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Emini FuturesCast / The Daily Pod 05/09/11

Today's broadcast mirrored the lack of volatility in the markets. Tomorrow Michael X will be us live at 12:30pm EDT. This will mark Michael's 3rd appearance on CFRN. He's a quiet guy who like the rest of us, trades for a living. The only real difference between you and him is that he trades on average 10,000 contracts a day. That's right - 10,000. Just another day at the office. Tune in and hear what it's like...

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Emini Futures Trading / 12 Great Reasons To Take Our Free Trial

Become a CFRN Trading Partner

I'm going to show you 12 setups from last week. 12 may or may not seem like a large number to you based on the time frame in which you trade. No matter what time frame you frequent, each of these trades have some important yet common features.

• Each entry had zero ambiguity. CFRN Traders knew the entry To The Tick!
• Each trade ran a minimum of 2 points. That's a 20% ROI if your margins are $500.
• Every setup came with limited drawdown and manageable risk.
• We can teach you to trade these exact same setups in a matter of weeks.

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Emini FuturesCast / The Daily Pod 05/06/11

Please feel free to share this. "My wife has Ninja and within two hours of experimenting with dtPro demo this morning it is night and day difference versus Ninja.  dtPro is so intuitive and offers so many more features.  My weekend will be watching the many video tutorials."
Allen

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Emini FuturesCast / The Daily Pod 05/05/11

Today was the kind of day that Traders love and Investors hate. For us it was just another day at the office. These market were wound tighter than a $2 watch and needed to let off a little steam. I say we (that's the empirical we) fib about the Unemployment numbers tomorrow and rally into the weekend. You in?

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