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I have been trading OMNI’s Nasdaq and S&P 500 e-mini futures recommendations for just over two months now. As I have said in previous posts, Oscar’s S/R levels and directional calls are awesome. I first started using them to trade SPY, and then I went over to trading ES and NQ. I still watch SPY while trading futures- partly out of habit. Mostly due to missing entries, I haven’t taken every OMNI trade. Be advised that I usually used my own exits, so these results differ from Oscar’s. Trading futures is one tough racket, as acknowledged by Ugly. Thankfully, I managed to make a profit over the last couple of months.

My OMNI Performance 29 March to 4 June, 2007

This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

Another great directional call by OMNI today.

Trade1: Long ESM7 OMNI

Trade 2: Long NQM7 OMNI ish

To Prospectus: Never give up!

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

John, Tyro and I had been talking about traders’ intuition. Getting it requires watching the market for a long period of time, so I have been told. Trading the OMNI setups has helped me watch the overall market with a better, bigger picture. Today, before the open, I looked at SPY, and thought, boy, there wasn’t much of a bounce on Friday after the big red candle on Thursday. Looks as if we may consolidate here, and perhaps move lower sometime this week. Choppy today probably at best. So, I promptly ignored my bias, and chased three long trades. I broke-even on my first trade, so I thought maybe I should look for another, and another….not a good idea. This is what destroys accounts…..the belief that you should be able to get some money out of the market each day. Only Richard can do that ;). He is one hell of a scalper.

AL:

TMO:

SONS:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

ES OMNI Trade:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

ESM7 OMNI Trade:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

ES OMNI Trade:

UAG:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

ESM7 OMNI Trade:

VCLK:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

An OMNI NQ short trade and a dummy play in today’s chop.

Short NQM7 (Nasdaq emini):

EYE:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

SPY OMNI Trade. My signature at bottom of chart is for authenticity ;).

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

SPY OMNI Trade:

TASR:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

SPY OMNI Trade:

XRAY:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

Trade 1: SPY OMNI

Trade 2: DV

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

Three trades today.
Trade 1: OMNI SPY Setup

Trade 2: AG

Trade 3: JOYG

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

I closed my SPY trade today for a modest gain. I didn’t see much opportunity for Trader- X type plays. Prospectus saw a good one with SMSI though. Unfortunately we both missed it. Big gap days like these I like to let the market settle down before taking any dummy trades.
SPY OMNI Trade:

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This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com

I got the CKFR stock idea for today from Wall Street Warrior. He is a GREAT trader; I just managed to flub CKFR. I assume he did not find a low-risk setup for this trade.
Short CKFR:

I am short SPY now @ 147.10 in after market action for an overnight OMNI trade.
SPY OMNI Trade:

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