One More Example From This Morning
I really like this channel trading method.
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Finally, A Good Trading Morning
The last couple days have been pretty slow and choppy except for the premarket, so this morning was really refreshing! We’ve had some nice trades in the live room in the first hour. Here’s a couple charts I posted to my twitter account earlier:
My overview chart showing strong support and resistance levels from [...] -
Divergence Trade
Pretty nice…
… at least for such a ridiculous day. It’s just a mess out there, and you’ve got to grab a point here and there where you can find it. Our new chop detection system has been indicating “chop” for most of the day so far, so there hasn’t been much action outside [...]
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Last Trade of the Week
I just made this countertrend trade live in the eotpro live room… and I think it’s the last one I’ll make this week. Free-trial member Mark had the guts to take the trade with me and had a great time making his profits. Robert M took the trade, too. Eotpro member Daryle [...]
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Divergence Trade
Here’s an example divergence trade… I didn’t take this one as I was already done for the day.
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A Simple Trading Style
I continue to refine my methodologies, with an eye towards automation. Some of you have sent me impatient emails, but I’ve set aside all of 2009 to get this right! Unlike a lot of people (who invariably fail), I know that doing this right takes some serious time and effort. Anyway, this [...]
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Capturing the Channel Play
The “narration” on this video is sloppier than my others, because the darn thing ran so fast I couldn’t keep up! :-) Anyway, look at how incredible my choice of entries was…
I was thinking of what Prospectus was saying on twitter yesterday, about his “loser” plays…. you can see I [...]
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Another Channel-Based Trade Video on ES
People always seem to love the trade videos, so I made another silent video today. Yesterday’s was countertrend… todays was with the trend, and I captured a traversal of the channel, as you’ll see.
I used two instances of my channel indicator… a fast gold channel, and a slower grey channel. When the two [...]
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ES S&P 500 E-Mini Futures Trade
I was playing with some fairly new indicators that draw tight price channels today. The idea is to maintain discipline about getting good entry prices by only selling in the upper part of the channel, and only buying in the lower part of the channel. This requires a little bit of a different [...]
