E-Mini Swing Trading
Discretionary Trading
System Trading
Mole Signals
Most Recent
Read More
December 9, 2015

Skipping The Treadmill Today

I think I’ll skip the treadmill today…

Speaking of which, the tape continues to turn in circles across the board and it certainly doesn’t help matters that index futures are rolling into 2016 today. So I will be keeping my suicidal tendencies in check by not getting sucked into any silly traps, especially on the equities side. If you must participate watch the Zero closely as I expect it to be a memorable session. Hey, I said memorable – not fun.

Not much happening on the setup front unfortunately and I was only able to hunt down one promising candidate, which I’ll need to reserve for my intrepid subs. If you are a leech [...]

Read More
September 29, 2014

Spot On

You guys have to give me a tiny bit of credit today – after slaving away 20 hours plus last weekend and barely being awake I somehow managed to pick the lows of the day in the morning. Alright, technically I was off by 1/2 handle – I hope you accept my apologies then:

It’s all in the wrist folks – and a bit of dark magic of course. The bad news however is that the bulls may not be out of the woodworks here just yet. A rather aggressive bounce this morning but that may be just EOM painting – recall that tomorrow is September’s last trading session. Oy vey – I can already here the Christmas commercials – the horror! Yes, [...]

Read More
August 2, 2013

Do Not Touch!

Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.

The spoos are leading higher this morning and didn’t even bother touching the 25-hour SMA. Quite a lot of mojo and if you’re long after the NLBL breach two days ago then I would simply continue holding but keep an eye on the SMA for early signs of trouble. The more interesting chart this morning however is the YM:

Which has been [...]

Read More
June 26, 2013

Deceiver Of The Gods

With equities still buoyant it seems that the bulls may have a real chance to once gain pull the cart back out of the mud and get the show back on the road. We have some positive signs on the equities horizon plus a plethora of setups, so let’s get to it:

Once again the VIX is painting a buy signal – assuming nothing nasty happens in the woodshed before the NYSE close and that we finish below 18.5. Once again – a VIX buy signal is relative to equities, not the VIX – the implication usually are higher prices within a week’s time.

The spoos are now running into short term resistance which may be good news – hear me out. [...]

Latest Posts
Read More
1649Strong muscular boxer in red boxing gloves. A man in a boxing stand.
Read More
Read More

Read More
Read More
Cognitive Bias Carousel
  • Herding BiasHerding Bias
    Something very interesting happened during our trip back to Valencia last Sunday. After checking our luggage and passing through the airport’s security┬áprocedures we had a … more
Ten Trading Rules For Avoiding Extinction
The Emotional Purgatory Of Cognitive Biases – Part 1
Practice Makes Perfect
Option Basics – Credit Spreads
Option Basics – Debit Spreads
Option Basics – The Greeks