Emini Futures | Realistic Trading Expectations

Realistic Emini Trading Expectations

I have labored the past few months to create a series of videos which outline what I believe to be realistic potential for those with a desire to daytrade the S&P 500 Emini Futures. Today I have prepared a chart for you which begins with the opening bell. What you will see:

• Every trade setup
• Every entry both long and short
• The entry price as provided by our system "to the tick" (before the trade)
• The distance each trade moved (maximum potential)
• The trades that got stopped out (we only risk 2 points per trade)
• How we turn Maximum Potential into Realistic Net Potential

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Emini Futures | Emini Podcast - Friday May 11, 2012

S&P 500 Emini Futures

Did you miss these trades?

ES Emini 04/23/12

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Emini Futures | Fear The Irrational Emotion

Wall Street truly climbed the proverbial wall of worry today. After a 198-point drop, the Dow Jones Industrial Average  closed down only 76 points  while the S&P 500 Index lost  just under 6 points. Gold futures fell nearly $35 an ounce and Crude slid for a fifth session, with the June contract losing 1% to settle at $97.01 a barrel.

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Emini Futures | Trading The Gap

The S&P 500 Emini Futures gapped higher on the Globex open Sunday Night but failed to take out Friday's high on two attempts. The second failure led to lower markets into the Wall Street open and also triggered the Tweet we issued last night shortly after the session began. Today's high was 1397 on the day session and the low was 1389.75. Price rallied off the low to 1396.25 but has begun to show some weakness during the Asian session. Eurex markets are closed tomorrow. May Day is an official German holiday.

Trading The Gap

Tonight's trading tip is brought to you by our friend and co-host Mike Reed.

A gap up or gap down open is an emotional move, and often it will reverse course and turn in to a "trap open". Gaps that are less than 4 points on the SP Futures tend to get filled in the same day, especially Tuesday through Thursday.

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Emini Futures | Trading The FOMC

The S&P 500 Emini Futures continued upward today on the strength of Apple's (AAPL) earnings and the FOMC statement. Fed Chairman Ben Bernanke commited to not only keep interest rates low until late 2014, he used the word "unchanged". He also stated the US Central Bank would not hesitate to initiate another round of bond buying if necessary as "Operation Twist" is set to expire in June.

Apple shares gained 8.9% to $610.00. The S&P settled at 1387.50 and has continued to drift higher on the Globex session. Last night's TWEET has shown a gain of 6.5 ES points so far. Lock in some profits as we wait for the European session to open.

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Emini Futures | Trading In The Zones

The S&P 500 Emini Futures traded higher on Globex due in large part to Apple's (AAPL) better than expected earnings. Apple shares (NASDAQ:AAPL) were up 7% in after-hours trading following the report. The stock had dropped 13% since hitting an all-time high of $644 on April 10. Shares were down 2% at $560.28 at the close today prior to the release. Perhaps the old adage "An Apple a day keeps the Bears at bay" is true after all.

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Emini Futures | Identify The Trend

Our timing was perfect last night on the S&P 500 Emini Futures drop. We missed the ensuing pop however by 1 point. Last night our Tweet said to consider being short the ESM2 below 1370. Price dropped 16 points to 1354 which happened to be 1 point above our 1353 Weekly Trading Zone. In hopes that redundancy will get the point across, Weekly Trading Zones are an "area". Every time price approaches a WTZ you need to be alert and prepared to shift gears. If you successfully traded some or most of the move down and completely missed the bounce, that explains why you still have that great big smile on your face.

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Emini Futures | Podcast April 19, 2012

S&P 500 Emini Futures

(ES) 04/19/12

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Emini Futures | Podcast For April 18, 2012

S&P 500 Emini Futures

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Emini Futures | Trading For A Living

Is your goal to trade the S&P 500 Emini Futures for a living? If you answered Yes, are you successful? If the answer again is Yes, you should probably go get some rest and be ready for tomorrow (or come on staff). If the answer was No/No you may be on the wrong blog. If the answer was Yes/No then you're exactly the guy/gal I want to talk to.

Better yet, you're the guy/gal I want to talk to me. What's the hitch in your giddy-up?

There's a high probability that you don't know the answer to that. There's a very high probability that you think you know the answer but in fact you don't. That's why the original answer was Yes/No.

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