E-Mini Swing Trading
Discretionary Trading
System Trading
Archive for October, 2012
Most Recent
Read More
October 31, 2012

Back To Business

That’s it – I don’t want to hear another word about hurricanes, Halloween, or presidential elections. Quite frankly I’ve had more than my fill at this point and the sooner we get back to business the better. Of course right after Halloween we will have to put up with all that X-Mas misery. How damn jolly can you people get every year? And stop the singing already – it’s like cryptonite! Anyway, we’ve got coin to bank – plenty of of setups out there if you pay attention:

Silver right at a NLBL which conveniently expires today. It’s been keeping a low profile for the past week avoiding any contact. Meanwhile on the [...]

Read More
October 31, 2012

Back From Whence We Came

A quick update on the E-Mini. This morning I was lamenting that we had missed that 100-hour breach. Then I stepped out for the gym for two hours and just came back to see this:

Most interesting – we just dipped below. Also note that the daily NLBL seems to be holding thus far. It’s a bit early to jump to conclusions here but I wanted to make sure everyone is at point. It’s permissible to be short here with a stop above the 100-hour, which is doing us a favor by moving sideways.

However, I don’t think the fat lady has sung just yet. The downside range on today’s Zero Lite is very minimal. A -1.0 signal would be more [...]

Read More
October 31, 2012

Wednesday Morning Briefing

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.

To start things off here’s a quick reminder of where we left off last week. Unless your house was flushed down the Atlantic you probably recall that we were waiting for a breach of the 100-hour SMA. We had it all figured out, didn’t we? A VIX buy signal had finally materialized and the plan was to get positioned as soon as the E-Mini would pop [...]

Read More
October 29, 2012

Batten Down The Hatches!

As you probably are already aware – all U.S. stock markets will be closed on Monday and possibly Tuesday. Earlier there was talk about a plan that would have kept electronic trading going on Monday but with half the nation expecting some state of emergency that option was apparently dropped to attend more pressing matters.

[Update Tue 7:00am EDT: Markets will remain closed on Tuesday due the severity of the storm.]

Sandy is expected to bring life-threatening storm surge flooding to the mid-Atlantic coast, Monday evening and into Tuesday. If you live on the East Coast and are affected by evacuation orders then I hope you follow them to the tee. This is going to be [...]

Latest Posts
Read More
Read More
Read More

Read More
Read More
Cognitive Bias Carousel
  • Loss AversionLoss Aversion
    The tendency to treat money that has already been committed or spent as more valuable than money that may be spent or acquired. Imagine two … more
A Sucker Born Every Minute
Game Changer
State Of Volatility
Statistics Galore
Fooled By Randomness
Ten Protocols For Surviving Extreme Volatility