Emini Futures - Geometric Magic w/ Garrett Jones

(QQQ)(JDUST)(SPY)(GLD)(NVDA)

by DeWayne Reeves

Emini Futures Trading and Geometric Magic

Garrett Jones just published his latest copy of Observations and joined the show to discuss some things you'll find quite fascinating if you're an Emini Futures Trader, have an interest in Emini's or just plain love the market with all it's intricacies.

We opened with Michael doing a complete recap of every trade set-up from the Live Emini Training Room this morning. John (rapidly becoming on the shows new stars), arrived at 12:40pm EST for a "Big Picture" look and after Garrett shared his "Geometric Magic", I brought it home with a complete recap of every single Concierge Emini Trade Alert emailed to subscribers Monday night for the Tuesday Session 01/17/17.

To watch videos of the Concierge Emini Trade Alerts going back years, go to Emini.CFRN.net.

To watch today's show, simply click the headphones above or the link below.

Here's a peek at Tuesday's Concierge Trade Alerts - 

Concierge Trade Alerts for Tuesday 0/17/17

Observations by Garrett Jones

I find it fascinating that almost everyone I speak with is in a "wait and see" mode.  Not long ago we were waiting to see  who would win the election.  Then we were waiting for year-end.  Now we are waiting for the Inauguration and next we will be concerned about the First 100 Days.  The reason for this 'wait & see' approach is simple. 

The bulls have now seen the market move to a level where market sentiment is now fully in the 'take defensive action' mode which will keep the smart bulls from any further exposure.  At the same time, the bears have been penalized for taking positions and are, therefore, reluctant to take further risk with downside bets.  This stagnation has been in play since mid December and, more recently, from the end of the first week of this year.

This is interesting because when bulls aren't buying and bears aren't selling, something has to give. Today it was the banking sector.  The entire group was down hard today and many issues closed below recent support.  Could this be the start of the correction that has been anticipated for so long?  Well, it was banking stocks that led the rally and banking stocks that went much higher than anyone expected, so it isn't that much of a stretch to assume they may lead any correction. Most of the bank stocks have not advanced since the first week of December.  While they haven't fallen much, they haven't advanced either.  Smart money may have decided to take profits as opposed to waiting and possibly seeing their profits diminish.  By selling in 2017, the expectation is for the tax burden to be significantly less.

Every Republican president since Teddy Roosevelt has dealt with a recession/correction in his first term.  When a Republican president has replaced a Democrat president, the corrections have been rough at least in the first couple of years.  Examples: Nixon (1968-70), Reagan (1980-82) and George W. Bush (2000-02).  We may have a case of "Buy the election, Sell the Inauguration" -- and that selling may have just begun. GJ

A very special thanks to Garrett for making a copy available to the CFRN audience of Observations #86. To download your Free Complete Copy just Click Here!

If you have questions or comments for Garrett email him Garrett@CFRN.net Just put Observations in the subject line to make sure he gets it.

Concierge Trade Alerts

Just $1.00 will get you a trial of our Concierge Trade Alerts for a Week, plus access to the Live Training Room (2 hours a day for 5 days). Use of our Indicator Set and a Demo Platform if needed. You also get 45 minutes of "One on One Mentoring" during your trial.

To get started just Click Here > https://goo.gl/QQc1yQ

That's a lot for a buck. If for any reason you are unhappy with your trial, we'll even give the buck back.
Nothing to lose, the world to gain. Click Here > https://goo.gl/QQc1yQ

Do not worry, after the $1.00, you will be charged nothing. To become a Subscriber  click here - $497 per month!

Can You Do It? DO YOU WANT TO KNOW?

There's something on this earth you were created to be GREAT at! God created each of us to excel at something. Some of us know instinctively. Others spend years searching. Sadly, some just meander through life never finding the thing that wakes them up before the alarm and keeps them awake long after the Sandman has passed through Sleepy Town. Your spouse is snoring (gently), but when you close your eyes all you can see is Candlesticks. You slip out of bed at 3am to check the London open. If that's you, you might be a Trader.

FIND OUT AND GET ON WITH YOUR LIFE

It's this simple. Go to Apply.CFRN.net . Make a 5 Day - No Cost - Commitment. Put your name and your email in the little boxes, hit SEND, go check your email. Read the email, follow the instructions, then show up @ 9:30am EST any day M-F and let the journey begin. In a week you'll know. Don't let the past dictate your future. When your welcome email arrives with your Link and Password, keep reading.

The email is filled with instructions.

We do Ninja and any Broker who clears through Gain Capital. If that's not you, there's instructions to download dtPro. We not only give you our Indicators for a week, we even provide the Platform (at no cost). There's no more excuses. Take the trial or go learn how to tie fly's. Bake a cake. Do something! You'll go blind if you keep watching Springer all day.

See you in the Trading Room - Apply.CFRN.net .

CATCH OUR LIVE STREAM DAILY

CFRN Emini Radio

Read My Digital Diary for the past 3 Years

Emini.CFRN.net

 Live Charts / Lively Discussion / Participate in the discussion...

Trading's Not Easy - But It Can Be Simple!©

---

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:     

Emini Futures - Geometric Magic

Live Emini Q&A Session - 4 Emini Free Trials

(QQQ)(SPY)(DIA)(GLD)(SLV)

by DeWayne Reeves

CFRN Now Offers 4 Emini Free Trials

• Emini Training Room
• Emini Daily Double
• Concierge Trade Alerts
• One Trade A Day

Emini Training Room

Join us for 10 training days. Use our Proprietary Indicator Set during your trial. Spend a 45 minute Personal Mentoring Session with our Founder. Learn once and for all if you have what it takes to become a Professional Trader. Apply.CFRN.net

Emini Daily Double

Learn more @ CFRN.net/Emini-Daily-Double

Concierge Trade Alerts

8 markets every night delivered to your inbox. 2 Trades per market. Many trades will repeat multiple times. Good for 24 hours or until the next night's trades arrive. 

You receive the exact entry "to the tick". In private mentoring sessions you are taught how to read the chart to determine the exact Stop Loss and our Indicators help you lock in your target. Pound for pound this product is the greatest income generator for an experienced trader. Take the Trial!

One Trade A Day

Once again we're dealing with 8 markets. We post our best trades for each market @ 11:30am EDT, just as the European Markets are closing and Traders across the pond are scrambling to cover their positions as they close out the day. Often makes for some "fast action".  Read More!

• Pick One or Mix and Match

• Only 1 Trial per product every 6 months

•  We track by I.P. Address

If you have a legitimate reason for requesting a "Second Chance", please ask. Coming in the back door is awkward for both of us. We're serious about your success. Are you?

Trading's Not Easy - But It Can Be Simple!©

---

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:     

 Please leave a review on iTunes

Emini Q&A Session - All CFRN FREE Trials!

Emini Trade Signals

(QQQ)(DIA)(SPY)(TVIX)(SIRI)

by DeWayne Reeves

Learn Emini Trade Signals That Work -
Day Trading and Swing Trading

Over the past 3 years we've built a public track record of reliable Emini Trade Signals. Our Trade Signals are not limited to just the E-mini Futures, we also issue Real Time Trade Alerts for other markets as well.

Along with what you would expect, the S&P 500 Emini #ES, the Dow #YM, the Nasdaq #NQ and the Russell #RLM - #TF, we also Track and Trade: 

• Gold #GGC
• Crude #GCL
• Soybeans #ZS
• Natural Gas #GNG
• 30 Year Treasury Bonds #ZB  

And on occasion, even currencies such as the Yen #6J and the Euro #6E.

Trade Signals - The Early Years

We began providing our Emini Trade Signals publicly on Twitter. You can still find us there on occasion at the same spot Twitter.com/CFRN . We also posted regularly for quite some time on Seeking Alpha, Stock Twits and we are Emini Futures Trading on Facebook.

However, for the past year or so, we've made ourselves a new home over on Google Plus where we are the Emini Google+ Community. Something about it just feels right for the type of Trade Signals we put out. No limitation on characters, no limits on Trading Charts, real time date stamp and the feel of something new and different. For quite some time we attempted to post everywhere. True story... every place I just mentioned, I hit them all for awhile with every single Trade Signal. It became a bit too much.

I realize their are ways to automate things. Post once on a 3rd Party App and it rushes around and does the manual labor for you. I'm considering it... weighing the options... but as I mentioned, I really like the sense of community over at Google+. Of course there's this other thing too... the 800 pound gorilla in the room that everyone keeps asking about.

#SP500 Emini Trade Alert - Click For Details

How long will I continue to give away Daily Emini Trade Signals?

To be honest, I had planned to stop long ago. The idea was simply to establish a consistent public track record and then do what everyone else does, once you've hooked 'em... reel 'em in.  Now to be honest, I've awoke many days and said to myself...

"Self, today's the day. Your radio station is successful by the grace of God, your flagship show is heard round the world, you've taught and are teaching daily, hundreds of traders from all walks of life, from around the world... to become successful Emini Day Traders in your own Live Emini Trading Room. There's only one piece of your business plan left to execute and today is the day".

With every good intention I would walk into the studio prepared to make the announcement on air and follow it up with an email blast to thousands and of course push the news out to all the Social Media Networks. Well a funny thing happened on the way to pulling the plug. Somehow it seems, that every time I had finally convinced myself it was time (past time), I would open my email to find a heartfelt Thank You from someone who was truly appreciative for the Trade Alerts sent out the night before. Often after the thank you it would go something like...

 "With your help I'll soon have the funds to take your Day-Trading Course and have a properly funded account to do some real tradng. Thank you for what you do."

Well stink. How do you pull in the lifeline after that? Now don't get me wrong, we don't always get it right. I mean go look for yourself. I know that many of you reading this article have followed every trade and our results on a daily basis since we started. You guys are the ones wrestling with the 800 pound gorilla. Others will read this for the first time and say "Give me a break". Eventually though, your curiosity will get the best of you and late at night when everyone's sleeping (except me), you'll go look. Calculator, slide rule, your own charts on the screen. You'll scratch your head and wonder. I know I do. 

#Russell Emini Trade Signal - Click For Details

Past Performance Is No Guarantee of Future Results

People do stumble in after the fact and get worked into a frenzy and make huge plans and when they contact me I say "Calm down". I'm happy that you're happy, but as I just said, Past Performance Is No Guarantee of Future Results. I could slip tomorrow and bump my head and suddenly... it's all gone. The knack, the ability,  I might never get another one right. If that happens (and I pray it doesn't) man have we had one heck of a run or what? I could live with that.

So this article is not the "pull the plug" article, but it really is coming... it has to. I have to close the doors and surround myself with those who have faithfully followed us, understand the potential and teach them how to do it themselves. It's not only the final piece of our business plan, but if I get a bunch of you Emini Traders properly trained (not just to Day-Trade, but to compile your own Emini Signals) then if I do bump my head, I have somewhere to go to get reliable trades and I can continue on... following you. It's a 2-fer, I generate revenue teaching you and I also create an insurance policy for myself, my wife and my kids. 

So feel free to do your back testing (ask me on air someday how worthless back testing is) or your forward walk, or just go look at the results which speak for themselves. However, since the past doesn't predict the future or the Futures, your best bet is to fall in step for the days and weeks to come. However many of them are left. I've been open and honest all along. Way back there in those Tweets you'll find one that says "The Gandhi Years Are Over".  That's when Michael and I started the "Pay for Play" Day Trading School. We had been doing it for years, for free. 

#Nasdaq - NQ Emini Trade Signal

Self Realization - A Fundamental Part Of Learning How To Trade 

I guess as I just wrote that, I realized... that is our business model. We give it away (for awhile) and then, like any other hard working, God fearing business, we have to pay the bills. You understand right? So make hay while the sun shines and when the word comes out, be prepared to make a decision. I can only teach so many at a time. There could be a waitng list. I really don't know. I'm sure when the sun rises on that day, Michael will have it all figured out. He's smart like that. 

All the Trade Alerts and Trade Signals are public knowledge so get after 'em. If you have any questions at all our contact info is below, all over the website, all over the internet for that matter. If you want to talk, give us a call. If you want to get on that "potential list" let us know. Our goal is to make money every day. An old mentor of mine "The Stock Whisperer" taught me that. It's pretty good advice quite frankly. 

These Trade Signals are like a Night Job. If you want to come hang out and trade with us while the sun is up, the Trial Info is below. Remember, we give it away, then we reel you in... that's our business model. Seriously if you've not been consistent with your day trading efforts, come see what we do. Take a bona-fide free look. No CC required. No obligation. It's so simple you won't believe it.  We found one thing that works and now we just do that one simple thing over and over in every market. We're willing to teach you what it is and how you can do it too.

#Soybeans - Trade Signal - Click For Details

If you've used up your Free Trial already and need a Second Chance.. just ASK! Don't take. We like givers. You might say our mantra after "Make money daily", is "We keep what we have by giving it away". We're a peculiar people, no doubt. Come visit, maybe you are too.

Additional Charts and Trade Alerts are available at our Emini Google+ Community. Download the Google Plus App from iTunes or the Google Play Store (it's free) and make sure you get the latest Alert, live in real time delivered straight to your smart phone, tablet, phablet, or iWatch (coming soon).

Trading's Not Easy - But It Can Be Simple!

---

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:     

 Please leave a review on iTunes

Emini Trade Signals Podcast

Are You An Emini Addict? Market Update 07/10/14

(QQQ)(DIA)(SPY)(CRMB)(NEWL)

by DeWayne Reeves

Emini Addiction -

Is There Hope Or Do We Really Have A Problem?

It's no shameful secret that the S&P 500 Emini Futures Contract is the most widely traded Emini in both the domestic and global markets as well. In fact, the E-mini Contract since its inception on September 9, 1997, has become the single most popular trading instrument of all time. Even though volume participation and volatility have waned greatly since the "almost" Great Depression, it remains the go to goal of practically every "put me in coach" fresh new starry eyed trader.

If baseball's your sport it's akin to making the move from a farm team to the majors. It's like being called up to "the show". I think I just heard a bat crack and a cricket chirp. When I first cast my shadow in the world of Futures circa 2005, on any given day ending in Y (except the two starting with S), it was a given that we would trade between 2-3 million contracts. As I recall the number was typically closer to to 3 than 2 and back in '05, the overnight Globex part of that equation was a mere shadow of what it has become today.

Doesn't matter. Every trader who throws in the towel on equities, or is guided by an old soul straight to futures, wants to trade the S&P. If you ask them why, the first answer is almost always - liquidity. Fair enough. Liquidity is absolutely a good thing. Then out of curiosity I ask "how many contracts do you trade?".  The answer more often than not is 1 (one). Here's my point, once you spend your time in the trenches and actually earn your way up to large positions, perhaps 50-100 contracts... you should be concerned about liquidity. For the sake of this conversation, you really do need to be concerned about it even at smaller numbers based on the instrument you've chosen to trade.

1st Step -Admitting You Have A Problem

The Dow, Russell, Nasdaq, even Nat Gas and many others can run into issues once you go over 10 contracts and ccertainly once you get above 20. However, until that happens, you have a lot more to be concerned about than liquidity. There are other markets to be traded that are perhaps somewhat more friendly to a novice than the S&P. Don't get me wrong, it's my favorite too. My point is this, if you're just getting started you should only be trading 1 contract. As you earn money in the market, you should never increase your position size by more than 1 contract at a time. Just because you earn enough to add another, is not a good enough reason. When you go from 1 to 2, you only need to earn $500 to add a 3rd for daytrading purposes. 2 contracts = $100 per point. If you're simply on the right side of one 5 point move you could be adding that 3rd contract before lunch.

Increasing your position size intelligently takes more than money. It takes maturity, increased patience, less emotion, greater focus and twice as much discipline. Our students are taught to increase their opening account balance by $2k before they consider increasing their size from 1 contract to 2. It's that important. It's about building your Emini Trading Business on a solid foundation. How many hot shot ball players have you seen get that first fat check and before you can blink, they're strung out on either drugs, booze, women, their own ego, or all of the above. It's a nasty business when it gets out of hand.

Recovery Is An Option But You Can't Trade It

Enough preaching, back to my point. You don't have to trade the S&P. Just because the "big boys" do, and writers love to pen articles about it, doesn't mean that's where you should start. If you're trading it and doing well, do not allow my words to get in your way. If you're new and struggling, take a look around, see what else is available. Have a look at the Dow, the Nasdaq, even Soybeans can be a fantastic alternative. Spend some time in the simulator and see what really fits. I will suggest you stay away from the Russell if you're new. When it comes to being an Emini Addict, we're talking the crack cocaine of futures trading. Just say NO!

I know... it's so very tempting with those $500 intra-day margins and the $100 per point pay-out. 

Just say NO!

S&P 500 Chart for Thursday 07/10/14

S&P 500 Emini Futures 07/10/14 - Hourly Chart

A somewhat simple day in hindsight. We spent 5 hours consolidating inside the Weekly Trading Zone at 1965/1966. The Bears won the coin toss and in 3 hours took price all the way down to the WTZ below at 1950/1951 (and then some). A 14 point Zone to Zone move with enough momentum to push price just below the Zone. It's like putting on the brakes in your car. If you're traveling "too fast for conditions" you might skid to a stop in the middle of the intersection, not the stop light you were shooting for.

After 4 hours of consolidation, the market reverses and we witness a 13 point return trip rally with a hint of weakness in its inability of to reach the Zone, missing it by just 4 ticks. Zones are an area and 4 ticks are certainly not a big issue after the day we just had, however, it's a hint... a clue if you will, of things to come.

CFRN Emini Google+ Community

We were honored and humled to announce earlier this year that Futures Truth Magazine had added us to their very short list of approved Live Trading Rooms. I admitted at the time, having Dr. Dean Handley on the digital premises for a month, monitoring our every move did take some getting used to. As he was investigsting us I also investigated him. This is a man who pulls no punches and calls it exactly as he sees it. Many disagree with his findings, but he is entitled to his opinion as we all are, and in the sometimes shadowy word of Trade Rooms, he shines an extremely bright light. 

I made peace with myself and the issue by deciding that no matter what he found (prior to his recent article only 10 Trading Rooms out of 514 made the cut) I could use his opinion to make CFRN the best Live Trading Room on the Internet. That has been our goal since our first day of broadcast in April 2005, so whatever he found, I would use it as my punch list. Wherever he found fault, if Michael and I agreed their was a problem, we would immediately move to fix it. Instead of seeing it as a pain in the rear, we chose to see it as hiring an efficiency expert except their would be no bill at the end of the iinspection. 

We both knew we had worked very hard from day one to do all the right things, even when it hurt. When our competitors made outlandish claims, or fudged on results, we lost no sleep. We knew that in the end, honesty, integrity and a strong work ethic would pay off and eventually it did. We were handed a clean bill of health from the Doc which encouraged us to work even harder and continue to be that safe place where traders could come to learn and also enjoy a sense of community. 

Trading's Not Easy - But It Can Be Simple!

---

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:     

 Please leave a review on iTunes

Emini Podcast for Thursday 07/10/14

Emini Market Update And Podcast 07/08/14

(SPY)(GLD)(DIA)(GLD)(AAPL)

by DeWayne Reeves

S&P 500 Emini Market Update For July 8, 2014

#SP500 - #Emini  #Futures consider being short below 1958. We've already hit 2 of the LTP Targets I wrote about Saturday night. Last night our Alert to be short the #ES below 1969 triggered once for 2 points and then again for 16 points. (important prices and important areas are almost always tested)

However if you're just trading the Blueprint, it's 2 points and done for the day right? If you're not on the Blueprint we have the LTP below and also a Weekly Trading Zone below that. If the market runs north tonight, we're going to pass................

Doesn't mean you have to or should... just letting you know where our eyes are, at least for now.  

Also remember, FOMC Meeting Minutes are released tomorrow July 9th at 2pm EDT. This is a high impact report and possesses the potential to create high volatility across all market sectors. The minutes offer detailed insights regarding the FOMC's stance on monetary policy. Traders carefully examine them for clues regarding the outcome of future interest rate decisions.

Goldman Sachs (GS) until recently had forecast the first Fed Interest Rate Change under new Fed Chief Janet Yellen would not come until the first quarter of 2016. They have now updated their forecast to the final quarter of 2015.

S&P 500 Emini Chart

The hourly chart below covers the SP500 E-mini from the holiday close July 4th at 12pm EDT through early Tuesday evening July 8th. The yellow arrow shows the exact close for last week 1975.50, inside of our highest Weekly Trading Zone for last week. 

S&P 500 Emini Hourly Chart

Since then our first Alert of the week to be short below 1969 has been triggered offering 2 trade opportunities for a total range of 18 points. The market has reached a 38% Fibonacci Retracement from the new all time historic high put in last Thursday at 1978.25 to the swing low reached today at 1953.00. If this Fibonnacci level holds, we anticipate lower prices which could take us as low as 1941.00 by close of business this Friday.

Traders are cautioned to be flat and/or well protected by hard stops ahead of the FOMC Minutes.

Chicago Emini Seminar - This Weekend!

HOME OF THE CME!

This will be by far the best seminar of the Summer Tour yet. Not only will you spend 3 hours with Michael B., "America's Top Emini Trader" (according to Google) and his notorious White-Board, but word has it... Burt Schlichter will be there as well. 

PURE NUTS 'N BOLTS!

 

Things get pretty frantic in the Live Training Room most days, but for 3 hours this coming Saturday... time will stand still. Bring every question. We have no gimmicks, no rabbit up our sleeve.

This is business. This is YOUR business. 

 

Wall Street Has A New Address - YOURS!

 ___________________________________________________________________

Reserve Your Seat Today! 

• Where - Chicago - W Hotel - City Center
• When - Saturday July 12, 2014

CFRN EMINI METHOD ®

1 day VIP Pass~$497~

Trading's Not Easy - But It Can Be Simple!

---

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:     

 Please leave a review on iTunes

Emini Podcast for Tuesday 07/08/14