This brief video shows a long trade from the morning of Thursday, September 16th. The video shows how the software signals a trade and then how we manage the trade to lock in a quick profit.
On September 17, 2010, In Live Trade Examples, By eMiniDayTrader
On September 15, 2010, In Market Recaps, By eMiniDayTrader
Another nice day within our containment area and also within the context of the ongoing up auction. The market offered us a great long trade near the support area which caught the low of the day.
Possible blast higher if the news is favorable in the morning. Same reference areas for tomorrow. Next up target is 1130.
On September 15, 2010, In Market Recaps, By eMiniDayTrader
The market made it easy for us today as it traded exactly between our support and resistance areas. Sup/res is the same for tomorrow with the up interday bias remaining. If the market holds below 1106 tomorrow the sellers have temporarily taken over and we’d then have a short intraday bias.
On September 14, 2010, In Live Trade Examples, By eMiniDayTrader
The following video is a good example of how our software works in
real time, and more importantly, the thought process we use to get
into high probability trades.
This is an example of a nice long trade off of the low this
morning. You’ll see how the software displays a trade in real time
and you’ll hear about the decision making process that we go
through to decide if the trade is worth taking and to decide how we
want to manage the trade.
On September 13, 2010, In Market Recaps, By eMiniDayTrader
A nice gap open higher once again, confirming the up auction. A day of consolidation within the interday up auction. The market hit our 1123 target right on the tick so look for the next up target at 1130. The support is now at 1110.
On September 10, 2010, In Live Trade Examples, By eMiniDayTrader
Example of a long trade from the morning session on Friday, September 10th, 2010. This video shows how the software identifies the trade and how a trade is managed. We also talk about the decision making process that goes into each trade.
It’s not a huge winner, but it’s still a nice profit. This video shows how well-selected, well-managed trades are the key to consistent account growth.
On September 10, 2010, In Market Recaps, By eMiniDayTrader
The Jobless claims numbers were well received and that sent the market higher within the context of the known up interday auction. The RTH session was maily a consolidation with an intraday selling bias. The interday up auction remains intact with support at 1096 and then at 1090.
On September 8, 2010, In Market Recaps, By eMiniDayTrader
Another quiet day, but this time controlled by buyers. The 1090 area was tested overnight but the market could not stay below as the regular trading hours opened back above it. That rejection resulted in a nice early rally. The lack of follow through by the bulls is disappointing but still strong enough to keep us in the interday up auction. Monitor 1102-1094 as initial res/sup. Next up is 1108 and next down is 1084.
On September 7, 2010, In Market Recaps, By eMiniDayTrader
Today’s session brought a good test of the 1090 support area. If it does not hold early Wednesday then look for more selling. The next target is the 1084 area and then 1078. Immediate resistance is at 1097.
On September 3, 2010, In Market Recaps, By eMiniDayTrader
The market’s reaction to the early news confirmed our up auction bias. A day of consolidation after that strong vertical move with a strong close, so expect more up next week. Our 1098 resistance was taken out but the 1105 area not quite reached. Monitor the 1105 area for continuation higher and the 1094 as sup.