E-Mini Swing Trading
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January 27, 2016

Let’s Try This Again

I had the right ideas yesterday but for some reasons various entries didn’t trigger. So let’s try this one again, shall we? On the equities side I missed out by just a matter of ticks but there is a reason why I’m being such a hard ass with my entries.

We’ve seen a ton of intra-day volatility in the past few weeks and I don’t expect things to quiet down anytime soon. So a more disciplined entry afford me a stop with higher odds of survival. Keep in mind that the stop distance affects the amount of contracts I need to fulfill my R size. The wider my stops the smaller the amount of contracts. That not only affects my leverage but more [...]

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January 26, 2016

Soylent Orange

I’ve said it before and I’ll say it again. When in doubt always choose the scenario that screws with the maximum amount of market participants. Mrs. Market may be evil down to the core of her raven black heart but at least she’s consistent. So Soylent Orange it is apparently, now let’s see what we’ve got to work with here.

The drop in equities yesterday should have cleaned out the majority of the longs. Quite frankly Soylent Red is still on the table and I’d give it about 30% at this point. Although I doubt I’ll catch this entry I would be long near 1867, so perhaps I get my fill after the bell.

The EUR/USD is [...]

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November 9, 2015

Come To Daddy

We are now counting six consecutive higher highs on the weekly panel and although that is not a reason to dip into short positions I am starting to enjoy seeing the odds swinging back to the selling side. At least on a short term basis we are heading into a correction sometime this month. Timing our entries will be what separates the steel rats from the field mice.

As of right now I’m seeing a juicy short opportunity on a little pop towards ~2091. If stopped out and Zero permitting I will long 1/2R after that and add 1/2R if we breach 2100.

Before we get to the setups here’s a USD/JPY Update. You may have grabbed some longs there with me last [...]

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November 4, 2015

Coffee Is For Closers

Equities are firing on all six cylinders and overnight we’ve held the line near the magic ES 2100 mark. Given the momentum over the past few days (consistent and small) this suggests that institutional traders are milking this short squeeze for all it’s worth.

This is the S&P cash has us only ~10 handles away from our all time highs at 2134.71. There is no telling whether or not we breach it this week, but if we do then I’ll be keeping my eyes peeled for weakness starting the next.

On the volatility front we’re just about to head into more turbulent waters. As you can see we are now back in the lower range after a low [...]

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