Offer expires:
VIEW LIVE TRADING ROOM RESULTS

Register for a FREE trial

Next 5 days will change your trading forever.

Once you click Register, check your inbox to confirm this request

(No Credit Card Required)
We respect your email privacy

Live emini trading room
Christian Financial Radio Network
Emini Broadcast Listen Live

 Live Emini Market Commentary

Live Market Commentary


Every Trading Day 12-2pm Eastern

To view our charts and participate
in the live discussion

Click Here

Visit our Emini News Blog

CFRN Trading Platforms

 

 

Get our toolbar!

What happens in your E-Mini Live Trading Room?

For traders seeking hands-on instruction in a virtual classroom, we offer the CFRN Live emini trading room. CFRN wraps all of its proprietary trading systems, indicators, and methodology into this unique educational environment.

live market commentary, real-time application of the CFRN Proprietary Indicators, and trade signals in real-time.
Ask questions and learn the most important trading lesson of all: WHEN, HOW, and WHY you should get in or out of a trade.

 

This show is so good because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys

- R.H. Canada

More testimonials ...



Seeking Alpha Certified

Follow Us
Friday
Jul182014

Should I Day Trade Or Swing Trade Futures?

(QQQ)(DIA)(SPY)(SIRI)(ZNGA)

 

Daytrade or Swingtrade For Maximum Return? 
It's About The Money Stupid!

 

It's not the first time I've asked this question, or been asked this question. I've asked myself, I've asked you, I've even asked a "Higher Authority" on occasion.  Turns out... it keeps turning up.  

What is Day Trading?

I wrote a series of articles (Important Day Trading Rules), 3 to be exact, which answer this question in great detail. Not only do we cover what it is, but we cover how to do it. 

What Is Swing Trading?

I've covered that in detail as well, both on the Blog and on the Web Site. If you Google "CFRN Swing Trading" you can spot them all in a jiffy. Some are short some are not. This one probably best answers the question of "What is Swing Trading?" and "How can I Swing Trade for Fun and Profit?" It's got a really catchy title:  Swing-Trading.

Now that you're well informed on how the two differ, let's revisit your original question - 

Should I Day Trade or Swing Trade Futures?

In a perfect world you would do both. As we demonstrate in the Live Trading Room each day, it is possible to earn $100 per contract, per day, inside of 2 hours on average. On our web site you will find several years of video recaps and we are in the process of getting the last few months posted. However, we do a complete recap of each and every trade taken, every day, during our daily Live Radio Broadcast as well.

We carefully discuss each trade taken, not simply a highlight of the trades that make us look terribly clever, but the good, the bad, the mediocre... we cover them all. Why? Because that's the truth about trading. Anyone can deal with a winning trade, it's learning to deal with the other ones that need to be discussed in the light of day. Only in this manner, via full disclosure, can you hope to become a Professional Trader. 

I'm going to share with you an email that went out to our general community last night. Not the Partners, but our community at large. This email and the one that preceded it, walk you through every Zone to Zone move we encountered (just in the S&P 500) since the Globex open last Sunday night. Some of these trades happen during RTH (regular trading hours) and others happen when you're fast asleep, based on where you live. In today's Global Marketplace (Globex), there's almost always someone trading something, somewhere. Markets open at 6PM EDT Sunday night, and outside of the "shift change" each day, trades happen. Here is the email in its entirety...

 

The Zone to Zone to Zone Email Futures Diary


Our last email contained a chart for the S&P500 Emini Futures. We highlighted the Zone to Zone moves which at that time were roughly 59 points since the Globex open last Sunday evening.  Tonight I will leave out the chart (save a tree) but give you a brief rundown of what has transpired.


A move from the 1967/1968 Zone to the 1975/1976 Zone. A reversal and a move back down to the 67/68 Zone. The move continued and reached down to the Zone below at 1959/1960. Reversed at the Zone and back up to 67/68. Back down to 59/60 and a continuation to the Zone 47/48. 

Price reversed and moved us back up to the Zone where we now sit @ 1953/1954 @ 3am EDT. Totaled up in a nice little package we have 50 points to tack onto the 59 from last night's email. We also discussed that the chance of any trader being sharp enough or skilled enough to capture all those points even
though the boundaries are clearly marked out, is simply a dream. Better yet a fantasy.

In the interest of reality vs. fantasy, we chopped the 59 points to just 1/3 and called it 19. If we do the same again, 1/3 of 50 = 16+. Fair enough. 19 + 16 = 35 and we still have one more trading day left in the week. I say, with a day yet to go... lets take the numbers which we've already reduced to 1/3 and whack them again, this time by 50%.

Hmmm.... that's a paltry 17.5 points for 4 days work. Is that a fair wage? The CME has determined that each of your points is worth $50 so 17.5 X $50 = $875.00 per contract. Wait a minute, we had more than that last evening and we added 50 points since yesterday. Correct?  You see... I have a theory, most traders who do not succeed in this business of trading have made a grievous error in attempting to build their business on a foundation of unrealistic expectations. That is a fatal error, the blue screen of Emini Death.

The actual numbers 59 + 50 = 119 points. However, in an attempt to infuse some harsh reality into the situation, we've not inflated, not exaggerated, but subtracted, divided, reduced. I suspect that most mail order courses promising to teach you how to write a "Killer Sales Letter", would have a good laugh at what I've done.

Price is currently at a Weekly Trading Zone as I type. By close of business today (Friday), I fully expect that price will either have risen to the Zone above, or slipped to the one below (take your pick). Either way, it's 5 points headed north or 5 points headed south. 

Putting math aside, let me ask you a question. Would you be content to earn $1k per contract on a weekly basis? Of course for the 10 or 20 contract trader that number changes by a factor of 10 or 20, but for now... focus on the one. The margin required to trade 1 contract intraday is $500. Hold it over the close and it jumps to $4758. Even at the higher price you are controlling almost $100k of equity in the best of breed S&P 500. Day rates ($500) apply at night as well, you just can't hold a position open as we shift from one session to the next. If you're trading 1 contract and have a $10k account it's not an issue. If you are working with less start up capital, you now know how to avoid it. Would $200 per day, per contract, satisfy the alligators nipping at your heels?

Of course with our 24/20 Blueprint the goal is to build your position size in a steady and controlled manner. However, no matter how clever the scheme, unless you can become consistently profitable in the simulator, you'll never trade live, not with us. 

At least not with our blessing.

We have a plan. We have a definable edge. It makes sense. If you would like to see it in action and ask a few questions, join us today from 9:30-11:30am EDT.

https://www1.gotomeeting.com/register/956061280

password =   opportunity

You will see rapid fire action across a variety of markets. I'll be there in the background. Let me know you want to know more about what you see and how it ties into what I've written about in this email. We'll arrange a private GoToMeeting or I'll invite you to a Webinar next week. 

See you at the Bell!

Blessings
DeWayne

ps. Trading is risky and you really can lose all of your money (and then some). We utilize aggressive risk management on every trade, but past performance is no guarantee of future performance. Not here, not anywhere. Just because you may have stumbled in the past, don't lose hope. Take a free look at something that might just be your missing link. To find out, click the link above at the appointed time, enter the password... and let's see what happens.


 
Now let me share with you the email that was sent out roughly 24 hours prior to the one you just read - 

 

Our Weekly Trading Zones have changed trading forever for many of our CFRN Partners. The Zones are emailed to Partners every Monday morning before the market opens. Once they are published they become "carved in stone".

In other words, we do not change, massage, or manipulate the Zones based on how the market unfolds as the week progresses. This proprietary methodology is ideal for the Trader who wants to take a slightly "bigger bite" out of the market. It also serves the short term Trader who is simply looking to earn his Daily Bread ($100 per contract / per day) and finds the Zones useful as a back drop to keep their trade on the right side of the tracks.

Price is always seeking a Zone. As it comes to rest inside of a Zone, as it consolidates, the questions is quite simple - "Will price now move to the Zone overhead, or the Zone below?" It will always attempt to to do one or the other. 

 

S&P 500 Emini Futures - Hourly Globex Chart

 

Monday morning price began to consolidate just below the WTZ @ 1967/1968. For 3 hours price treaded water and then broke to the upside triggering an Alert that was sent out to our followers early Sunday evening to consider being long above 1968. The Alert was public and can be seen on our Google Plus Emini Community page. 

You can see the hourly candle which triggered our "trade of the day", did not consolidate inside the Zone. When that happens, we expect price to revisit the area, often before touching the next Zone above or below. The Swing high was 1974 creating the potential for a 6 point trade. A trained eye will spot weakness and potentially exit on the close of the bearish candle in hopes of revisiting the Zone below. 

The consolidation we did not get on the first pass through the Zone was achieved on the pullback Monday evening. Now, we are ready for the move that will take us all the way to the Zone overhead. So far we have 6 points up and 6 points down. It's a 3 hour cruise up and we tack on another 7 points. 

The Wall Street open brings a reversal "at the Zone 1975/1976" and we not only pick up 7 points on the way down, we also slice through the Zone @ 1967/1968. Which tells us what? That's right... "we'll be back". Sure enough, price turns on a dime at the 1959/1960 Weekly Zone and heads back for some nice long "consolidation and rest" at the 1967/1968 Zone. Let's not forget to add the 7 points down and the 7 back up. 

We now rest for 10 hours at the Zone inside of 2 point range. London opens and off we go back to the 1975/1976 Zone and STOP. In the process we add another 7 points. The second candle at the Zone is a Bearish Engulfing Candle and a tip-off that the next move may be to the downside. Indeed it is, yet it fails to make it all the way to the Zone. Did I mention Zones are an AREA? We become so accustomed to seeing price turn right at the Zone, we have to constantly remind ourselves to embrace the possibility that we might come up short, at least on the first attempt. 

The Swing Low is 1969.25. The chance of catching the exact low is slim to none, but the ability to walk away with 4-5 points on this move is very real. We have a faster time frame running at all times in the background on the Slingshot. The Slingshot would have alerted us that even though the Zone had not been reached to the downside, the Buyers (Bulls) were now back in control. Our proprietary indicator set allows us to know who is in control and at exactly what time and price possession of the ball takes place. 

This mid-field turn around creates a 4 point opportunity to the up-side, we run into the Zone again, rest for 3 hours and as I type tonight we are now on our way to the Zone below and have moved 4 points plus in the process. Let's stop for a moment and add up the numbers. Going back to the first move we highlighted, here we go...

6
6
7
7
7
7
7
4
4
4
_____

59 points

No one's perfect and we all have to sleep. Right? So maybe you only caught half, maybe even 1/3. That's still over 19 points and we still have 2 days left in the week. Is this an unusual week? Not at all. Visit our blog going back years, or our Google Plus page going back months or our Twitter Feed again going back years. This is a typical, ordinary week. We also publish Zones for the Nasdaq, Dow and Russell. 

Custom Zones available upon request.

If this seems too good to be true, let me reassure you. Trading's not easy, but it can be simple! Having the numbers is only one part of the equation. Learning how price behaves around a Zone and learning the very important skill of reading a chart, are all equally important. You can't trade from a one-legged stool.

Let me invite you to pop in Thursday and Friday and see exactly what the other Zones look like for this week.  I will be happy to answer your questions and you can watch us trade live for 2 full hours. Send an email to support@cfrn.net and request the link and password for the Live Trading Room. If we get busy it might be slightly after the open before you receive your email with the link and password. Relax, we will get to you as quickly as we can. If you are already on a free trial and / or have recently finished a free trial, no need to apply.

Blessings
DeWayne

ps/ on the math where we only captured 1/3 of the movement, that's still 19 X $50 or $950 per contract and we do still have 2 full trading days left. For the 1 contract Trader, $950 is in my mind, a handsome paycheck for 3 days work. For the 10 contract Trader, that's a paycheck with a comma (and we still have 2 days to go). 

Past performance does not guarantee future results. Trading is risky and you could lose all of your money and then some. However, if you just come to watch... you're safe.

 

You Have The Facts -
Now You Decide! Day Trade or Swing Trade or Both?

I would love to discuss this in greater detail, but there's soome guy on the phone with a funny accent, said his name was Guinness ( I thought that was a beer), hard to understand (maybe he's had a few), but he mumbled something about the longest blog post in history so let me take the call, find out where it is, and I'll share it with you all tomorrow.

 

Additional Charts and Trade Alerts are available at our Emini Google+ Community. Download the Google Plus App from iTunes or the Google Play Store (it's free) and make sure you get the latest Alert, live in real time delivered straight to your smart phone, table, phablet, or iWatch (coming soon).

 

 

 

 

Trading's Not Easy - But It Can Be Simple!

 

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

 

Emini Podcast for Friday 07/18/14

Tuesday
Jul152014

Emini - Watch A Professional Emini Trader At Work

(QQQ)(DIA)(SPY)(PLUG)(EXEL)

 

Watch Professional Emini Traders At Work -

        plus much more...


Learning to trade Emini Futures, or any commodity or stock from a book, is almost as difficult as learning to swim from a book. Watching a trading video is certainly a step up from simply reading about it, but to truly grasp what you really need to become a Professional E-mini Trader, you must move beyond both books and videos.

 

Historical Charts And The Genius Trader

While books and videos leave a trader at a significant disadvantage, they can also serve as props for deception. It is extremely easy to use a historical chart (found in both books and videos) to give ones ability and methodology an unfair advantage. They say it's easy to walk on water if you know where the rocks are.

Please don't get me wrong, I believe (I want to believe), that most Emini Teachers, Trading Coaches and Market Mentors, want to do a fair and honest job. Unfortunately, it is very easy for the instructor himself to become somewhat hypnotized by how beautifully it all lies out, after the music stops.

 

Live Markets Are The Deep End Of The Pool

One thing that can never be faked, is a Live Chart traded in Real-Time. Also, it is much more difficult for the Emini Trainer themselves, to fall under the illusion that he or she might have actually performed better than the reality which was churned out, tick, by tick... by tick.

I was a non-swimming 10 year old "husky" child who after an entire summer of daily visits to the pool, could still not swim. Yes it was depressing, but at least it was over, or so I thought... As the final whistle blew, I was busily exhaling a huge sigh of relief when my compadres(?) tossed my frightened look into the deep end of the pool and left. I'm talking, "got in the car and drove off - left". Luckily at the tender age of 10, the whole life flashing before your eyes business is over pretty quickly and survival mode kicks in.

 

How To Survive The Deep End Of The Market

There is only one way, get in. There's no problem with reading a book or two regarding the history of the markets you plan to trade and even some introductory information as to margin requirements, position sizing etc... Beyond that, it will serve no greater purpose than to confuse you. Most certainly you don't want to digest any material written or otherwise which creates a false illusion that the journey upon which you are about to embark is easy and / or a fast or lazy man's way to riches.

If you're going to survive the deep end of the market and actually learn how to trade for a living, you must steer clear of any and all unrealistic expectations. Together with your Emini Teacher it is important to define a clear set of goals based on realistic expectation before you stick so much as a toe in the water. Survival at the deep end (trading real money) is accomplished by learning proper techniques in the shallow end. A few basic market truths, coupled with realistic expectations and a set of goals you can actually achieve, are the proper foundation for building your very own Emini Trading Business.

 

Watch An Emini Professional Trade

This is how you truly learn. In the market with a Professional Trader as he calls out the trades and places them himself. No Trader is perfect. Along with profitable trades, you will be taught how to aggressively manage your risk, and how to deal with the "agony of defeat". You will learn more, on a deeper level, when your Mentor gets stopped out, than when knocks one out of the park. 

If you simply learn to handle the trades that don't work out mentally, keep your emotions at bay, and be prepared for the next textbook opportunity that comes down the pike... you yourself become a high probability opportunity. Based upon the software you use, trade entries and exits may be displayed on the screen for you "to the tick". 

An entry in the Emini Market or any other market for that matter, should never be nebulous. With a rules based system you either have a trade or you don't. If you understand the rules and apply them properly, your entries will be seamless. It's what happens next is why you need to watch the Professional Trader at work. Over time you will learn to think in probabilities and quickly learn to understand that no one trade, or series of trades, defines you as a Trader. Instead, you must learn to define the trade.

 

Emini Charts

Our first chart so far this week is the S&P 500 Emini Futures

 

SP500 Hourly Chart For Week Ending 07/18/14S&P 500 Emini Futures Hourly Chart - 07/13/14 through 07/14/14

 

Additional Charts and Trade Alerts are available at our Emini Google+ Community. Download the Google Plus App from iTunes or the Google Play Store (it's free) and make sure you get the latest Alert, live in real time delivered straight to your smart phone, table, phablet, or iWatch (coming soon).

 

 

 

 

Trading's Not Easy - But It Can Be Simple!

 

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

 

Emini Podcast for Monday 07/14/14

Sunday
Jul132014

Are You An Emini Addict? Market Update 07/10/14

(QQQ)(DIA)(SPY)(CRMB)(NEWL)

 

Emini Addiction -

Is There Hope Or Do We Really Have A Problem?

 

It's no shameful secret that the S&P 500 Emini Futures Contract is the most widely traded Emini in both the domestic and global markets as well. In fact, the E-mini Contract since its inception on September 9, 1997, has become the single most popular trading instrument of all time. Even though volume participation and volatility have waned greatly since the "almost" Great Depression, it remains the go to goal of practically every "put me in coach" fresh new starry eyed trader.

If baseball's your sport it's akin to making the move from a farm team to the majors. It's like being called up to "the show". I think I just heard a bat crack and a cricket chirp. When I first cast my shadow in the world of Futures circa 2005, on any given day ending in Y (except the two starting with S), it was a given that we would trade between 2-3 million contracts. As I recall the number was typically closer to to 3 than 2 and back in '05, the overnight Globex part of that equation was a mere shadow of what it has become today.

Doesn't matter. Every trader who throws in the towel on equities, or is guided by an old soul straight to futures, wants to trade the S&P. If you ask them why, the first answer is almost always - liquidity. Fair enough. Liquidity is absolutely a good thing. Then out of curiosity I ask "how many contracts do you trade?".  The answer more often than not is 1 (one). Here's my point, once you spend your time in the trenches and actually earn your way up to large positions, perhaps 50-100 contracts... you should be concerned about liquidity. For the sake of this conversation, you really do need to be concerned about it even at smaller numbers based on the instrument you've chosen to trade.

 

1st Step -Admitting You Have A Problem

The Dow, Russell, Nasdaq, even Nat Gas and many others can run into issues once you go over 10 contracts and ccertainly once you get above 20. However, until that happens, you have a lot more to be concerned about than liquidity. There are other markets to be traded that are perhaps somewhat more friendly to a novice than the S&P. Don't get me wrong, it's my favorite too. My point is this, if you're just getting started you should only be trading 1 contract. As you earn money in the market, you should never increase your position size by more than 1 contract at a time. Just because you earn enough to add another, is not a good enough reason. When you go from 1 to 2, you only need to earn $500 to add a 3rd for daytrading purposes. 2 contracts = $100 per point. If you're simply on the right side of one 5 point move you could be adding that 3rd contract before lunch.

Increasing your position size intelligently takes more than money. It takes maturity, increased patience, less emotion, greater focus and twice as much discipline. Our students are taught to increase their opening account balance by $2k before they consider increasing their size from 1 contract to 2. It's that important. It's about building your Emini Trading Business on a solid foundation. How many hot shot ball players have you seen get that first fat check and before you can blink, they're strung out on either drugs, booze, women, their own ego, or all of the above. It's a nasty business when it gets out of hand.

 

Recovery Is An Option But You Can't Trade It

Enough preaching, back to my point. You don't have to trade the S&P. Just because the "big boys" do, and writers love to pen articles about it, doesn't mean that's where you should start. If you're trading it and doing well, do not allow my words to get in your way. If you're new and struggling, take a look around, see what else is available. Have a look at the Dow, the Nasdaq, even Soybeans can be a fantastic alternative. Spend some time in the simulator and see what really fits. I will suggest you stay away from the Russell if you're new. When it comes to being an Emini Addict, we're talking the crack cocaine of futures trading. Just say NO!

I know... it's so very tempting with those $500 intra-day margins and the $100 per point pay-out. 

Just say NO!

 

S&P 500 Chart for Thursday 07/10/14

 

S&P 500 Emini Futures 07/10/14 - Hourly Chart

 

A somewhat simple day in hindsight. We spent 5 hours consolidating inside the Weekly Trading Zone at 1965/1966. The Bears won the coin toss and in 3 hours took price all the way down to the WTZ below at 1950/1951 (and then some). A 14 point Zone to Zone move with enough momentum to push price just below the Zone. It's like putting on the brakes in your car. If you're traveling "too fast for conditions" you might skid to a stop in the middle of the intersection, not the stop light you were shooting for.

After 4 hours of consolidation, the market reverses and we witness a 13 point return trip rally with a hint of weakness in its inability of to reach the Zone, missing it by just 4 ticks. Zones are an area and 4 ticks are certainly not a big issue after the day we just had, however, it's a hint... a clue if you will, of things to come.

CFRN Emini Google+ Community

We were honored and humled to announce earlier this year that Futures Truth Magazine had added us to their very short list of approved Live Trading Rooms. I admitted at the time, having Dr. Dean Handley on the digital premises for a month, monitoring our every move did take some getting used to. As he was investigsting us I also investigated him. This is a man who pulls no punches and calls it exactly as he sees it. Many disagree with his findings, but he is entitled to his opinion as we all are, and in the sometimes shadowy word of Trade Rooms, he shines an extremely bright light. 

I made peace with myself and the issue by deciding that no matter what he found (prior to his recent article only 10 Trading Rooms out of 514 made the cut) I could use his opinion to make CFRN the best Live Trading Room on the Internet. That has been our goal since our first day of broadcast in April 2005, so whatever he found, I would use it as my punch list. Wherever he found fault, if Michael and I agreed their was a problem, we would immediately move to fix it. Instead of seeing it as a pain in the rear, we chose to see it as hiring an efficiency expert except their would be no bill at the end of the iinspection. 

We both knew we had worked very hard from day one to do all the right things, even when it hurt. When our competitors made outlandish claims, or fudged on results, we lost no sleep. We knew that in the end, honesty, integrity and a strong work ethic would pay off and eventually it did. We were handed a clean bill of health from the Doc which encouraged us to work even harder and continue to be that safe place where traders could come to learn and also enjoy a sense of community. 

An article was published back in June by a different organization, Trader HQ,  recognizing the work we have done as pioneers on the Google+ Platform. We wish to thank the folks at Trader HQ for their recognition of our work and also their past recognition for our Blog and Twitter Feed. With only so many hours in a day, I admit our Blog and Twitter Feed have suffered the past 6 months as we have focused our energy primarily on Google+ as we believe it will become increasingly relevant to both traders and the entire internet community in the months and years to come. Facebook is for people you know, Google Plus is for people you should know. Come meet us...

Our most current Trade Alerts are now posted to our Emini Google+ Community in real time. Download the Google Plus App from iTunes or the Google Play Store (it's free) and make sure you get the latest Alert, live in real time delivered straight to your smart phone, table, phablet, or iWatch (coming soon).

 

 

 

Trading's Not Easy - But It Can Be Simple!

 

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes


 

Emini Podcast for Thursday 07/10/14

Wednesday
Jul092014

Emini Trading Tips For Wednesday 07/09/14

(QQQ)(DIA)(SPY)(GLD)(SIRI)

 

Emini Trading Tips - Alerts - Updates For 07/09/14

Last night we suggested being short below 1958.00 on the    if the opportunity presented. The Swing Low was 1958.25. So while we were not triggered into our trade, our methodology for spotting important key levels of support and resistance did prevent us from us being in a trade on the wrong side of the market. 

Last night as I wrote, price had reached a 38% Fibonacci Retracement. The .382 level did not hold, hence the subjective nature of trading Emini Futures with Fibs. There is a great deal of subjectivity, perhaps not as much as that faced by the Elliot Wave Trader, but enough to clearly show that it can not be used solely as a stand alone trading methodology. Our use, as a confirmation and analytical tool, allows E-mini Traders to benefit from the many positives of Fibonnacci, without subjecting ourselves to the danger of simply parking an order and praying it will hold.

Price did find substantial resistance at the 50% retracement, but as you will see on the Hourly Emini Chart below, the third push up, took the market to the final Fib Level we use, the .618 or as we refer to it - the 62%. As I type we have spent 7 hours just under the 62% Retracement. Our outlook for tonight, if the 62 Fib holds, is an eventual drop below 1958 as outlined last night.

Earlier today we alerted traders to consider being short below 1964.00. We also reiterated that if broken the 1958.00 support level would open the door to the LTP target at 1954.00 (for a second time) and our next to last set of Weekly Trading Zones at 1950.00/1951.00. Des[ite the somewhat "bearish" tone of this update, we can't completely rule out a continuation of the runaway upward advance i.e., Bull Market now approaching year 6, or is it 7?

Think about what I just wrote. Many of the traders you are trading against (if you accept the Emini - Zero Sum Game Theory) have never traded a Bear Market. Traders who entered the business whether at the retail or commercial level in 2009, have never trade a market that doesn't simply go up, day afet day, weeek after week, month after month. Sure they've read about it, studied it, but they've never passed out on the Trading Floor because of it (or developed a bleeding ulcer). Surprise......

 

S&P 500 Emini Chart

 

SP500 Emini Hourly Alert ChartS&P500 Emini "ES" Hourly Chart Alert

 

 

Nasdaq Emini Chart

#Nasdaq - last night our #NQ  alert provided 1 - 4.5 point move to the downside and 3 upside moves all greater than the 5 points we initially looked for...................

Last night's move was also a Zone to Zone move (2 points shy).

Tonight, consider being long above 3893 or short below 3877, whichever presents first. Zones are targets if you're beyond the Blueprint........ 

 

Nasdaq NQ Emini Hourly Alert ChartNasdaq Emini "NQ" Hourly Chart Alert

 

Russell Emini Chart

#Russell - last night the Russell gave us 2 points on the first move, (20 ticks) and 9 ticks on the second move. However, we only need 1 point (10 ticks) to stay on track and graduate as a 20 contract Trader.

Tonight, consider being long above 1177 or short below 1164.50 to 1163.50, whichever opportunity presents first. 

 

Russell Emini Hourly Alert ChartRussell Emini Hourly Alert Chart

 

 

A Complete Resource Guide to Help Understand and Trade E-mini Futures

 

For additional Trade Alerts on Crude Oil and Soybeans, visit the CFRN Google+ Page.

 


 

Trading's Not Easy - But It Can Be Simple!

 

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

Emini Podcast for Wednesday 07/09/14

Tuesday
Jul082014

Emini Market Update And Podcast 07/08/14

(SPY)(GLD)(DIA)(GLD)(AAPL)

 

S&P 500 Emini Market Update For July 8, 2014


 -    consider being short below 1958. We've already hit 2 of the LTP Targets I wrote about Saturday night. Last night our Alert to be short the  below 1969 triggered once for 2 points and then again for 16 points. (important prices and important areas are almost always tested)

However if you're just trading the Blueprint, it's 2 points and done for the day right? If you're not on the Blueprint we have the LTP below and also a Weekly Trading Zone below that. If the market runs north tonight, we're going to pass................

Doesn't mean you have to or should... just letting you know where our eyes are, at least for now.  

Also remember, FOMC Meeting Minutes are released tomorrow July 9th at 2pm EDT. This is a high impact report and possesses the potential to create high volatility across all market sectors. The minutes offer detailed insights regarding the FOMC's stance on monetary policy. Traders carefully examine them for clues regarding the outcome of future interest rate decisions.

Goldman Sachs (GS) until recently had forecast the first Fed Interest Rate Change under new Fed Chief Janet Yellen would not come until the first quarter of 2016. They have now updated their forecast to the final quarter of 2015.

 

S&P 500 Emini Chart

The hourly chart below covers the SP500 E-mini from the holiday close July 4th at 12pm EDT through early Tuesday evening July 8th. The yellow arrow shows the exact close for last week 1975.50, inside of our highest Weekly Trading Zone for last week. 

 

SP500 Emini Hourly Chart With Trade AlertS&P 500 Emini Hourly Chart

Since then our first Alert of the week to be short below 1969 has been triggered offering 2 trade opportunities for a total range of 18 points. The market has reached a 38% Fibonacci Retracement from the new all time historic high put in last Thursday at 1978.25 to the swing low reached today at 1953.00. If this Fibonnacci level holds, we anticipate lower prices which could take us as low as 1941.00 by close of business this Friday.

Traders are cautioned to be flat and/or well protected by hard stops ahead of the FOMC Minutes.

 

Chicago Emini Seminar - This Weekend!

 

HOME OF THE CME!
This will be by far the best seminar of the Summer Tour yet. Not only will you spend 3 hours with Michael B., "America's Top Emini Trader" (according to Google) and his notorious White-Board, but word has it... Burt Schlichter will be there as well. 

 

PURE NUTS 'N BOLTS!
 
Things get pretty frantic in the Live Trading Room most days, but for 3 hours this coming Saturday... time will stand still. Bring every question. We have no gimmicks, no rabbit up our sleeve.

This is business. This is YOUR business. 
 
Wall Street Has A New Address - YOURS!
 ___________________________________________________________________

 

 

  • Where - Chicago - W Hotel - City Center
  • When - Saturday July 12, 2014
CFRN EMINI METHOD ®

 

 

 

 

Trading's Not Easy - But It Can Be Simple!

 

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

Emini Podcast for Tuesday 07/08/14

Saturday
Jun142014

Chicago CME CFRN Emini Seminar

(QQQ)(SPY)(DIA)(GLD)(FB)

 

CFRN Emini Summer Tour - Next Stop Chicago

 


Home of the CME!

This will be by far the best seminar of the Summer Tour yet. Not only will you be able to spend 3 hours with Michael B., America's Top Emini Trader (according to Google) and his notorious White-Board... but word has it... Burt and Leslie may make a cameo appearance. We're also pulling a few strings that just might get us a conference room at the Chicago Mercantile Exchange. So far, many Partners have seen their trading results make a 180 degree turn after Michael's presentation in Charlotte and Kansas City, but the chance to meet Burt and Leslie face to face, really puts the icing on this seminar cake. 

Leslie writes the Weekly Gold Digger Report and was once personal broker to Michael Cavallo, one of the famous Turtle Traders of the 80's. Burt has 15 years of emini futures trading experience, including educating, mentoring, and executing for retail and institutional emini trading clients. Burt has extensive knowledge of options trading strategies. He is currently a co-host on CFRN radio, and has written for Reuters, CBS Market Watch and has been featured on British Television for his S&P commentary. 

 

Take a Tour Of The CME and Daniel's Trading

Michael's schedule won't permit him to stick around, but for those of you who can arrange to show up Friday or stick around until Monday, I'll ask our good friend Ben Lichtenstein from Traders Audio to give you a tour of the Pit where it all began. Things have calmed down in the Pit these past few years with the transition to screen trading, but if you listen to Ben Squawk, there's still plenty of energy down on the floor. 

Ben is President of Traders Audio  and has worked on the CME trading floor for over 15 years. He is a regular guest on CNBC, Bloomberg TV, Bloomberg radio and has been featured in numerous periodicals including Futures Magazine and Stocks and Commodities. 

I can't ask Ben to do two separate tours, so those of you coming will need to decide amongst yourselves which day you want the tour. I still have to check with him to make sure he's available, but I want to be able to give him a definite day first. As you make your Reservation, in the comment section type Tour Friday or Tour Monday.

If you're not yet a Partner, it's not too late. You will need to pick up the pace, get enrolled right away, attend a few online workshops, and attend every Live Emini Trading Session between now and July 12, 2014. It's critical that you're up to speed because Michael will hit the stage running and we don't want you behind the curve. This layover on the tour is only 3 hours, but according to the crew who turned out in Charlotte and Kansas City, it was well worth the flight. Let me add... one of our Partners drove 14 hours EACH WAY.

Are you ready to kick it up a notch? Take it to the next level? Here's your chance. Just like Charlotte and Kansas City, there will be no distractions. This is:

 

PURE NUTS 'N BOLTS!

 

"These are the Good-Old days"

 

Meet the man behind our plan. A full 3 hour Nuts and Bolts discussion with the primary developer of the
 
CFRN EMINI METHOD ®
 
Meet him face to face.
No distractions, just:
  • Michael B.
  • The notorious whiteboard
  • And since we're in Chi town- Pizza's On Me!
He can do it in his head, but I asked him not to show off...

Spending 3 hours with Michael can change your trading forever.
Things get pretty frantic in the Live Trading Room most days, but for 3 hours... time will stand still. Bring every question. You know we have no gimmicks, no rabbit up our sleeve. This is business. This is your business. You want to trade for a living? This is where we leave it all on the table. The minute you walk out of this conference roomWall Street Has A New Address - YOURS!

Make your reservations this weekend to insure a good rate on your flight if flying in. We have quite a few Partners who live in the area, so call Michael to see how many seats are still open. 949-42-EMINI.

 

 ___________________________________________________________________

Our Online Trading Room where Michael teaches and trades every trading day M-F, was recently added to the highly coveted "Top Ten" style list in Futures Truth Magazine.  This award is no small honor and we were incredibly humbled to be recognized for our diligence, transparency and profitability. 

Dr Dean Handley personally turned 517 Trading Rooms inside out, only 13 survived. 

Now YOU have the opportunity to meet one of the two men who played a huge role in CFRN garnering this prestigious recognition.


If you're ready to master:
  • High Probability Trade Setups
  • Proper Use Of The Slingshot
  • Aggressive Risk Management
  • How To Think In Probabilities
  • City - Chicago
  • When - Saturday July 12, 2014
  • Where - Still Checking...
  • What - An afternoon with Michael B. Developer and Master Trader of the
CFRN EMINI METHOD ®
 
 
 

 

Trading's Not Easy - But It Can Be Simple!

 

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

 

CME EminiSeminar Sponsored by CFRN

Thursday
May292014

S&P 500 Emini Trades 36k Contracts In 1 Minute - All Time High

(QQQ,SPY,DIA,GLD,FB)

 

Unusual or Suspicious? 36K SP500 Emini Contracts Trade Hands In 1 Minute At All Time Historic High!

 

The market has been quiet all week as we linger sideways just under All Time Historic Highs. Holiday weeks such as the one we are currently in, which began with Memorial Day, can turn into an all week slumber fest. It appeared the market was simply operating under SOPA when today, out of the blue came a minute that will be marked with both questions and suspicions for days and weeks to come.

 

CFRN S&P Emini Weekly Trading Zones 

 

Higher On Lower Volume

We've all been warned, especially in the world of stocks, to be suspicious of markets that make new highs on light volume. The reasons are varied and many of course hint at manipulation, book cooking and a laundry list of other things easily accomplished with lower priced stocks, particularly those trading under $5. The S&P 500 Emini however, is a beast of a different lineage. The amount of money required to artificially move price even on a light volume day, or overnight... is staggering. Which is part of my point, a billion dollars plus... did NOT move the market.

 

Bargian Hunter or Smart Money Heading For The Hills?

Honestly, it takes two to tango. So as desperately as someone or a cartel of someone's wanted to buy 36k S&P Emini contracts, there had to be someone, or a group of someone's, willing to take the other side of the trade. We've always wondered who bought the last contract at 1550 some years ago and who sold the last contract at 666. You did wonder, right?

 

So here we have another great mystery. Not only were the buyers and sellers able to consummate their transaction with a 1 penny spread, the minute before Wall Street closed @ 3:59PM EDT, futures do continue to trade until 4:15pm EDT before closing for a short break. However, in the following 15 minutes price never left the 1 penny range 1917/1918. The market remained frozen inside our Weekly Trading Zone until the Chicago Mercantile Exchange closed. The CME reopens at 4:30pm EDT and as of the current time, now 6:51pm EDT as I type, we have not strayed from the 1 point range.

 

S&P Emini "Billion Dollar" Minute

 

Billion Dollar Transaction Executes Inside CFRN Weekly Trading Zone

As all CFRN Partners and our radio audience are aware, we have had 1917/1918 as a Weekly Trading Zone now for 2 weeks. It is somewhat unusual to have identical Weekly Zones, back to back. It does happen, but not that often. We will not take credit for anything other than simply applying our standard mathematical formula we have used to publish the Weekly Zones for our Partners over the past 4 years.

It will be interesting to watch the headlines over the next few days as the world atempts to unravel what may be the greatest maket mystery of 2014, or as we're calling it - "The Billion Dollar Zone", although "The Billion Dollar Minute" has a nice ring to it as well. You decide...

Billion Dollar Emini Minute

Friday
May232014

SP500 Emini Futures Hit New Historic High

(QQQ)(DIA)(SPY)(GLD)(FB)

 

S&P 500 Emini Posts All Time Historic High

Despite dire warnings from the likes of Dennis Gartman and others, in spite of "low volume" traffic, oblivious even to "holiday trading" conditions, the S&P Emini "ES" drifted up to our Weekly Trading Zone at 1897/1898 where it closed the week in virgin territory. Markets will open Sunday night for Globex trading and close Monday morning in observance of Memorial Day. The Tuesday session opens @ 6pm EDT Monday evening.

 

S&P 500 Emini - All Time Historic High

 

Price initially closed above the 1882/1883 Weekly Zone on May 21st at 2pm EDT. The first leg took us to 1890.50. Price pulled back to the Zone, confirming support and the move was on. The next high was 1894 followed by a 38% Fibonacci retracement to 1890 and then a grueling 21 hour "drift" to the next Weekly Trading Zone overhead.

Looking at a historical chart like the one above, it would seem the simplest way to trade Emini Futures would be to simply buy and sell at the Zone. Although you are correct, it can be more difficult than it appears. The 38% Fib Retracement could just as easily have turned into a gut wrenching 50% correction, a 61.8% pullback, or a full blown reversal erasing 11 full points of unrealized profit. Not fun.

The key is multiple contracts. In his book "Trading in the Zone", Mark Douglas talks about paying yourself something, as soon as you can. Developing a strategy that allows you to scale out of a position is the best way to achieve this. It can be a complex algo, or as simple as dividing the potential move (Zone to Zone) into thirds or even fourths. You will not get the perfect price, but you will get paid as long as the trade continues in the proper direction. Also determine before you enter, at what point you will bring your stop to break even. Some strategies do not move the hard stop until 50 to 75% of the target has been achieved. 

We take the written Business Plan and Trading Plan so seriously, it's baked right into our curriculum. Every successful business has a written business plan and your trading business should be no different. Would you believe 90% of those who attempt to become Professional Traders never write a business plan or a trading plan? Where have you heard that 90% statistic mentioned before in regards to trading success? In light of this perspective, is it any wonder?

Don't fool yourself. To become a successful trader will take hard work and determination. To learn more about starting your own Emini Trading Business, Apply Here.

 

Emini Zone to Zone

Let's look briefly across the 4 indices from this week and see how having this information before the market opens every Monday, can change our trading forever. Once the Zones are published, they do not change. As time permits, do wander through our blog back to 2011 and see how consistent the performance has been.

Russell - All we're looking at here are the Zone to Zone moves for the week. The first move labeled 1 to 2, was a 7 point move from 1107 to 1114. Next, 2 to 3 good for another 7 and 3 to 4 is another 7. In case you're counting, hat's 21 points. The Russell pays $100 per point.  4 to 5 covered 2 Zones for a total of 25 points and 5 to 6 was good for 17. From 6 to 7 we came up a little shy (1 point) for 16 points and then the return trip from 7 to 8 gives us another 16.  

This is also where we ran into a little tricky behavior. Consider you might have been stopped out for 2 points, once maybe even twice. 9 to 10 was a clean 7 points and at 10 again a potential stop out. As the week closed we were making a run for the highest Weekly Zone and simply ran out of time. The move however was still good for 10 points. All together - 112 potential points @ $100 per point = $11,200.00 per contract traded. 

Of course there were some trades that got stopped out and you do have to sleep. If you caught haldf that would be 66 points. If you caught just 1/3 that's still 37 points X $100 per point or $3,700 per contract. If you're a 10 contract trader that's a nice week. 

The question is... can you do it? The lines are on the chart before the opening bell every Monday. After that, it's simply a matter of waiting for price to fill in the blanks. Of course your job is to make sure you're trading in the same direction as the market. The question is... can you do it?

 

Russell Weekly Trading Zones

 

Dow - I didn't number these, but the flow is pretty easy to follow. The first swing was fom the Zone @ 16435/16440 to 16395/16400. Easy math - 35 points. The Dow pays $5 per point for a $175.00 move per contract. 2nd swing $175. 3rd swing was 60 points or $300. Number 4 covered 2 Zones for 100 points or $500 per contract. Swing 5 was 35 points - $175. Swing 6 covered 2 Zones for 100 points - $500. #7 was part of an Alert we put out which turned into a 180 point rally from where we triggered in. As far as just the Zones we covered 3 for 160 points - $800 per contract. The market got tricky at #8 and most likely stopped you out at least once. The next leg up, Zone to Zone #9 was 55 points - $275 and a reversal (#10) back down to the Zone for another 55 - $275 and #11 took us back up to the Zone for another 55- $275. As we rallied into the sunset the market simply ran out of time as we made it 20 points on our way up to the highest Weekly Zone on the Dow - YM. 

Total available would be 710 points @ $5 per point or $3,550 per contract traded. Remember, daily margin for the Dow / S&P / Russell and Nasdaq is $500. The "day" starts @ 6pm EDT. If you caught 1/3 of the movement that's still $1,183 per contract. For the 10 contract trader, that's a nice check to take home to mama. I feel obligated to remind you that the lines are drawn before the opening bell every Monday morning and they do not change. Wander through the blog and see what we've done for the past 3-4 years. Don't get the impression this is easy money, it isn't.  It is however, real money, but you have to show up and have the conviction to take the trade and let your Stop tell you when you're on the wrong side of the trade. 

 

Dow Weekly Trading Zones

 

Nasdaq -  25 point initial Zone to Zone move followed by 15 / 15 / 15 / 15 and an overshoot most likely leading to being stopped out. Back on track the next Zone to Zone move was again 15 followed by 40 and we actually closed above the highest Weekly Trading Zone in this market by 5.75 points. Such an occurrence is somewhat rare, but as we can see from the chart, it does happen.


Total available points - 140 X $20 per point = $2,800.00 per contract. Considering Stops and Sleep, 1/3 of the potential would be $933.00. Again we are struck by the twinkle in the eye of the 10 contract trader. 

 

Nasdaq Weekly Trading Zones

 

 S&P 500 Emini - The initial Zone to Zone move from 1871 to 1882 was good for 11 points, then back down for another 11. This area was obviously unexpected and would most probably Stop Out even the most astute trader. Heading higher we post those same 11 points yet again, followed by the weeks final Zone to Zone move, good for 14 points. All together the potential was there for 47 points @ $50 per point or $2,350.00. Using our most humble number of only 1/3, we arrive at $783 making the S&P trader this week, the pauper at the party.

We've spoken a number of times in this article of the 10 contract trader. The dollar amount required during the day session for such a position is $5,000 (10 contracts X $500 per contract). At the closing bell one can exit their position and simply re-enter the market moments later when the "new day" begins. This maneuver will cost you a few dollars extra in commission, but does prevent you from being exposed to the full $5k initial margin. At $6 per round turn X 4 days, as you will not re-enter on Friday, the additional cost is $24 per contract, per week. Money well spent in my humble opinion.

 

 

As opportunities unfold we will keep you posted.

 

 

 
Trading's Not Easy - But It Can Be Simple!

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 415-857-5654

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

 

DAY FREE TRIAL

 

S&P 500 Emini Posts All Time Historic Highs

Thursday
May152014

Emini Futures Meet GeoEngineering Watch

(QQQ)(SPY)(DIA)(GLD)(SLV)

 

Emini Futures - Is This The Top?

(05/12/14) Attention All Partners - Either my "under the weather" pattern is worse than I thought, or we are potentially approaching a major reversal of the newly christened CFRN 4 Horsemen #ES   / #YM   / #NQ   / #RL   .

If this reversal were to happen quickly and without warning, every talking head on #CNBC   will be blindsided except the token Perma-Bears kept on board so at least somebody can pound their chest on any given day. Of course the lovely Jim Cramer is always right no matter what happens. Days before Bear Stearns imploded he stated they (BS) were uncategorically the safest investment on the planet. 2 days after the demise he was back in a little row boat screaming "I warned you".

So our Extreme Zone Indicator may be wrong for once in a blue moon. My best advice as we appear poised to peak tonight is the same advice we gave in the Live Trading Room today, talk to Burt @ 866-928-3310. He's our #Options guy and just because #Puts   are "dirt cheap" up here with the bulls storming Wall Street and Main Street, it doesn't mean it's the right trade for you.

I can only speak from a historical perspective over the past 4 years of publishing Zones. If we crack the top overnight or early tomorrow, history says look out below. 

... but hey, maybe this time it's different.

 

S&P 500 Emini Futures 05/12/14

 

05/14/14  #SP500   #Emini   #WeeklyTradingZones  have given CFRN Partners a beautiful ride so far this week. The first Zone to Zone move was from 1878/1879 up to 1884/1885, a 5 point move. Next we ran from the 1884/85 Zone up to our highest Weekly Trading Zone @ 1897/1898 which was good for 12 points.

Here we remarked that the potential for a sizable #ES   down move could be in the cards. Today we did see the 12 point move back down to 1884/85.  So far, price has traveled 29 Points from Zone to Zone to Zone to Zone. 29 points X $50 per point =  $1,450.00 per contract. 

As you can see on the chart below, the 1884/85 Zone has provided support now for 6 hours. Will it hold and launch a rally back to the highs? Or does the next move take us back down to the 1878/79 Zone? 

It's one or the other...    as always

 

S&P 500 Emini Futures 05/14/14

 

GeoEngineering Watch Interview w/ Dane Wiggington

 

On today's show we spoke for an hour with GeoEngineering expert Dane Wiggington for the first time. (2nd hour of the program)

What if there were a monumental environmental threat that you didn’t even know was happening? What if you found out it is affecting your health and that of people you know and love? What if you knew it was such an enormous problem that it has the potential to destroy our crops and trees, the soil they are grown in, our entire water supply, and whole ecosystems - and that if you didn’t act, we could never turn back?

We are not talking about fracking, nuclear energy, or the oil industry. We’re not even talking about climate change.

What if it came into use in an insidious way, just as GMO foods have come into our food supply without our knowledge? What if it appeared to be harmless, but it wasn’t? And what if it were so cleverly woven into our culture that we didn’t even see it anymore? What if it were so masterfully stigmatized and wrapped in controversy that if you thought it strange or concerning, you’d be scorned or ignored?

 It sounds like science fiction, but it’s not. It’s happening right above you, and it’s called “geoengineering”. Be sure and listen to our interview today with Dane by clicking the headphones above. Beware, what you are about to hear may be very disturbing. Also, you will hear my rabid co-host vehemently deny the existence of everything short of life and his own ego.

Dane proved himself a true gentleman, unflappable in his demeanor as Mr. Wiliams beat the air with every possible "anti-conspiracy" theory out there... most of which had absolutely nothing to do with the topic we were discussing. Every time I leaned forward to stop the barrage, Dane's calm voice stilled the air waves. Truth mixed with evidence it turns out, is an incredibly heady elixir capable of soothing the most savage of beasts (almost).

Did today's show turn me into a believer? Well, let's say it convinced me of something I've suspected for a very long time, but that's a story for another day. Enjoy the interview! (The actual interview with Dane Wiggington and Wayne Jett starts at the beginning of the second hour and runs for 60 minutes so please feel free to fast forward through the first hour.)

Who is Dane Wiggington?

 

Dane has a background in solar energy. He is a former employee of Bechtel Power Corp. and was a licensed contractor in California and Arizona. He has been engaged in constant climate/geoengineering research for over a decade.
His personal residence was feature in a cover article on the world’s largest renewable energy magazine, Home Power. He owns a 1,600-acre “wildlife preserve” next to Lake Shasta in northern California.
Dane put all his focus, efforts and energy on the geoengineering issue when he began to lose very significant amounts of solar uptake due to the ever-increasing “solar obscuration” caused from jet aircraft spraying in the skies above his forest home. He also noted significant decline in forest health was occurring and appeared to be accelerating. Extensive testing and research into the geoengineering issue was commenced and has continued since 2002.
He is the lead researcher for GeoEngineeringWatch and has investigated all levels of geo engineering from stratospheric aerosol geoengineering (SAG) to HAARP. He has appeared in numerous films, and radio interviews to educate the public on the extremely dire environmental and health dangers we face on a global level from geoengineering. Dane lives in Shasta County, California.
Feedback from our audience was overwhelmingly positive. We look forward to having both Dane and Wayne Jett back on the show in the very near future. Although this is certainly one heated hour of dramatic radio (read: good radio), I have made an executive decision that the next interview will be less combative and we will be able to dig deeper into the subject matter at hand.

 

Trading's Not Easy - But It Can Be Simple!

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

 

DAY FREE TRIAL

 

Interview w/ Dane Wiggington - GeoEngineeringWatch.org

Saturday
May032014

TradeStation Emini Workshop - Are You A Rainmaker?

(QQQ)(DIA)(SPY)(GLD)(FB)

 

The Rainmaker - How To Become A Wall Street Legend

 

The most powerful men and women on Wall Street don't have their names on the side of a building. They probably don't even have their name on a door. Honestly, they probably don't even have a door, at least not on Wall Street... What they do have, is the ability to make it rain. When you have the power to make it rain, no one requires you to show up at 9, have lunch at 4 Seasons, or play 18 holes with some racist bigot in hopes you'll schmooze him into doing business with your firm so you can make your quarterly bonus. As despicable as he might be, he's the Rainmaker, not you.

 

How To Become A Main Street Legend

I talk a lot about making it rain and I don't want you to think I speak only of Emini Traders and the Rock Stars of Wall Street. Every industry, every business, every profession... has Rainmakers. Have you ever been to a Church that has a hard time filling up the front row even on Easter Sunday? Yet in the same town there's a Church or even two, with such explosive growth the walls won't hold 'em all. They open up a 2nd, 3rd and even a 4th campus, in the same city. When that's still not enough, they add Saturday night services. Sometimes 2, even 3. Whatever it takes. 

Now they all serve the same God, preach from the same Bible, obey the same 10 Commandments. What the heck is going on? Simple... somebody's making it rain. There's a national chain of Oil and Lube shops where the average franchisee does 20-40 cars a day. One shop though, in a medium sized city does over 200 a day, every day. Same oil, same lube, same uniform with the employee name stitched over the left breast pocket... oh, and by the way, there's a national competitor with twice the advertising budget directly across the street. What the heck's going on here?

An aging schoolteacher in L.A. teaches "at risk" kids how to play chess. Kids who aren't brilliant, they aren't undiscovered prodigies, in fact most of them still continue to struggle in many other subjects (like math) and lack basic life skills. Yet year after year, they clean the clock of some of the smartest kids in the nation. Kids who represent private schools where the annual tuition per student is more than the annual salary of the L.A. teacher (note: he's not complaining). 

It happens in restaurants, at insurance agencies, grocery stores, car lots, even police precincts in dodgy areas of some big bad cities with insane crime rates. Just to clarify, it's not the rain, you can have rain shipped in... it's the Rainmaker. Just to make sure we don't misunderstand each other, it's not about managing the biggest fund, or preaching to the largest mega-church, locking up the most bad guys, or winning the most chess tournaments.

Are you with me? It's about turning nothing into something. It's about vision. The visionary is the true rainmaker. He can hire the fund manager, the chef, the teacher, the baker even a candlestick maker if he needs one. Then... he makes it rain.


Who Are These Rainmakers?

You know one I'm sure. Maybe more than one. Chances are you might not like them, at least secretly. Why? Because they have the thing. Not more things, THE thing. Not a bigger house, faster car or even smarter kids. Some say you must be born with the thing. They say you can't buy, beg, borrow or steal the thing. I disagree. If you want it bad enough, you can have it... in fact, you already have it. You just need to wake up to the fact and start living it. It's your thing, what will you do with it?

 

TradeStation, The Rainmaker And Emini Futures

Every company has 2 types of employees (this includes middle management, upper management, board members, especially board members). No matter what label you've been given, you either generate revenue, or you're an expense. When you open the bookkeeper's ledger, your name is either under the income column, or the expense column.

Don't get me wrong, most names in the expense column are incredibly valuable to the company and ultimately to the bottom line. They can also be replaced, usually within a week. The man or woman whose name is written in the income column... the visionary, the rainmaker... well that's a much different story.

Now what does any of this have to do with TradeStation and Emini Futures? I chose TradeStation because it's a trading platform, just like E-signal, NinjaTrader, Meta-Trader. They each have their own set of bells and whistles, but at the end of the day they all work as a tool and allow you direct access to the capital markets where at the click of a mouse... you make it rain, or do you?

 

Can You Make It Rain?

Our workshop, "How To Become A Professional Trader", deals specifically with this topic. If you've already opened your own trading firm, you already know the answer. You're either dancing in the streets or you're crossing off days on the calendar as you burn through your cash and spend sleepless nights wondering how much time you have left. 

You love federal holidays more than a government employee does, because that's one more day you have a legitimate excuse not to trade without feeling guilty. If that's you, you've already figured out something is wrong with this picture and you are desperately seeking a solution. The more desperate a trader becomes, what we once called spam, now becomes "Hope". 

 

Emini Futures - Real Hope For Desperate Times

The Emini, be it the S&P 500, Dow, Russell, or Nasdaq, are all purely electronic markets. You get the same respect as the man on Wall Street who has a door. However, there is no middleman, no dealing desk, no market maker and most of all, no funny business. 

For $500 in the S&P you control over $90k of equity for 23 hours. Chances are you'll be done with it long before then, but that's some incredible leverage. I know what you've heard - "Leverage is dangerous", or, I love this one, "You can lose everything trading on margarine". Well here's the truth, they may not know the difference between margin and plastic butter, but they are correct... both can be hazardous to your health.

Stuck between the proverbial rock and a hard place, with cash burning fast... the fear factor kicks in and even though we can see salvation in the Emini Futures, we cripple our chances by either putting it all on black (never red), or we bleed out slowly using desperate risk management.

 

Aggressive Risk Management vs. Desperate Risk Management

Huge difference. Aggressive Risk Management which is a foundational element of the CFRN Emini Method® never risks more than 8 ticks, or $100 per contract. The upside potential however, is unlimited. Is it possible to put Humpty Dumpty back together again? Yes, but you must stop procrastinating. 

Tuesday - May 6th, 2014 @ 3pm EDT I'm going to put a solution in your hand. I can't guarantee you success, no one can, but our head trader Michael is going to be there and show you exactly how he made over $7k in April, trading only 1 contract in our Live Trading Room, which is only open - 2 hours a day. Remember, you must stop procrastinating.

Do the math - $7k divided by 20 trading days = $350 a day divided by 2 hours per day = $175 per hour. Am I suggesting you can make $175 per hour trading Emini Futures? Absolutely not. I don't know if you can make ANY money trading the Emini, Gold, Crude, Natural Gas, Soybeans or any of the markets we trade. Neither do you until you see what I have to show you.

All I can promise is this,  he will show you exactly how he did it. Even better, we will loan you our Indicator Set for a week, a full week, and show you exactly how we use it. This way, you'll figure out for yourself if the CFRN Emini Method® is right for you. No need to believe me, trust me, or put your hope in me. The only way to become a Rainmaker is to start putting trust in yourself.

I know it's hard to do because you've made so many boneheaded mistakes already. Right? Relax, we all have. What matters is what you do now. Weep - Sleep or Change the Weather?

 You must stop procrastinating.

How Many Contracts Can I Trade?

I'm way ahead of you. Because we have so many brand new traders coming to us for their education, we only trade 1 contract in the Live Trading Room. Different markets have different levels of liquidity. Since we are talking about the S&P 500 Emini right now, there is virtually no limit. Other markets will have limitations as you grow beyond 10, 20, 100 contracts. Other markets will also have limitations based on time of day. That's OK. They say walking on water is easy when you know where the rocks are. We know, and we can show you.

If you're already a 10 contract trader, or even a 100 contract trader, the S&P 500 will absorb your order flow without blinking an eye. Now let me type this as sternly as I possibly can,

"If you are new to trading, you must remain in the simulator until you are consistently profitable. Once you reach consistent profitability, you should only go live with 1 contract." 

As you grow your account size and increase the number of contracts you trade over time, we will be there every step of the way to keep you on the path and provide accountability. If you are already trading in size, I will suggest you put it in neutral for a few days until you master the CFRN Emini Method®. In case you don't know SIZE KILLS! The Good News? It doesn't have to.


How Complicated Is Your Method?


2 Indicators + 1 Time Frame + 1 Setup = April's Results

 

Plus the month before, and the month before, and the month before... email support@cfrn.net for a copy of our trading results spreadsheet and be sure to watch the recap videos here on the site. We also create a new one every trading day. You can watch us trade it live from 9:30-11:30am EDT and then watch us recap it from 12 to 12:30pm EDT, every trading day on the Radio Show.

We are transparent. We have zero hype, offer no false hope, we simply show you the facts. Either you get it, or you don't. It rains, or it doesn't.

CFRN is now in it's 9th year of helping Trader's just like you. Join us at the Workshop, maybe we can help you...

 

TradeStation Workshop

"How To Become A Professional Trader"

Tuesday May 6, 2014 3PM EDT

Seating is limited (500) REGISTER TODAY!

We will show you the CFRN Emini Method® and how it works. Everyone in attendance wil be given a copy of the CFRN Proprietary Indicator Set. You will also be invited to watch us trade real money, in real time for 5 days.  I hope to see you there...

(before the Workshop, read Definition of a Professional Trader)

ps/ bring an umbrella

(Note:  This offer is limited to one free trial every six months. If you have a legitimate reason for requesting a "Second Chance" sooner, email or call  support@cfrn.net / 949-42-EMINI. Any attempt to circumvent this policy will result in your current and all future free trial requests being revoked or denied. The cookie never lies, nor does the I.P. If you need a special break - ASK! We only have 500 seats available. Tom Foolery doesn't cheat us, it cheats your fellow trader who is marking off the days...)

 

 REGISTER TODAY!

This session will not be recorded.

 

 

Trading's Not Easy - But It Can Be Simple!

 

Questions?

Call us toll free @ 866-928-3310 during normal business hours.

After Dark - email support@cfrn.net or call 949-42-EMINI

Connect with us:  Follow Me on PinterestFollow us on Twitter! Follow us on Facebook! Read the MailChimp blog Learn MailChimp on iTunes

 Please leave a review on iTunes

 

DAY FREE TRIAL

 

Who We Are