I personally love to daytrade the e-minis, and we show off e-mini daytrading in the eotpro.com live room every day. That’s why I have been trying to focus on stocks here at the blog lately: to make sure people understand that our indicators work great on them, too!
As most of you know, I try not to cherry-pick anything. Not the stock (when a reader doesn’t request anything, I simply pick the top-discussed stock on stocktwits). Not the timeframe (I use a volume chart chosen mechanically based on the 30-day average volume). Not the time of day (I show the whole day). Not the indicators (I use the same ones every time, with the same settings). Not the entries (they are chosen mechanically by an entry indicator). And every stock I’ve featured so far has looked decent.
Damn, I’m awesome!
Anyway… the top stocktwits stock today was Google Inc. (Nasdaq: GOOG). We have a short entry and a long entry. You’d probably scratch the short unless you were itching to take profits. But the long was very-well timed! Check it out:
Note that if you were bullish on the open, you could have traded the second bar… the only reason the mechanical entry indicator passed on it was because the end-of-trend indicator was up. That will happen most times when there is a decent-sized gap.
Check out past posts tagged simple-stock-system to see other stocks I’ve featured. It just goes to show that with the right tools, daytrading doesn’t have to be all that complicated….
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| GOOG | | | ![]() |






















