Emini Futures Trading Blog
Members' Area
This area does not yet contain any content.
Members Area
Live Emini Training Room
Christian Financial Radio Network
Emini Broadcast Listen Live

 

Live Market Commentary


Every Trading Day 12-2pm Eastern

To view our charts and participate
in the live discussion

Click Here

 

 

 

Compatible Trading Platforms

 

Christian Financial Radio Network BBB Business Review

 

IMPORTANT NOTICE
Trading is risky and not suitable for all people. Please read the CFTC Required Disclosure Page and the CFRN Disclaimer Page as part of our Terms of Service. 

 

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 ...



Follow Us
« Trading Futures | S&P 500 Trading System | Main | Learn To Trade the S&P 500 »
Thursday
Aug022012

Trading The News

Emini Futures - Trading The News

Trading news driven economic events is an art unto itself. Notice I call it an Art, not a Science. Markets can rally on what appears to be a dismal economic report and they can also drop precipitously on what to the ordinary man appears to be perfectly good news. This is not to say that markets don't also run up on bullish news and decline on dour news... they do. That's what makes it more art than science.

The news itself is secondary to how market participants react to the news. A trader who specializes in trading economic news events is watching the crowd just as closely as he is watching the numbers, perhaps even closer. Interest rates, unemployment numbers, or the central bank's policy shifts are just three examples of news driven events that can create extremely volatile trading environments.

Our course encourages you to be flat if at all possible ahead of these reports. Over time as you gain a more in-depth understanding of how markets work, you may find that comes naturally for you and that your trading persona is more Artist than Scientist. Don't rush the process. Patience is a virtue in all areas of life. If you feel called to trade news events, experiment with a trading simulator until you are confident in your ability to read the reaction before putting real money to work.

Here is an example of a highly anticipated news event. Traders expected an announcement from the ECB confirming a rate cut or some other type of monetary easing. Below is a case where there was no "bad news" per se, but there was a lack of the much hyped and hoped for "good news".

 

SP 500 Emini Futures(ES) S&P 500 Emini Futures

 

Price rallied 5 points in 5 minutes until the hive mind figured out the news wasn't good. The market then dropped 27 points in 30 minutes. After trading sideways for 30 minutes the crowd decided it really wasn't "bad" news, just not the news they had anticipated. The result is that over the next 90 minutes the market recovered 50% of the decline. Once the fireworks were over, the remaining volatility created some very nice trade set-ups for the remainder of the day.

 

Questions?

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

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

 

Discussed on today's broadcast: (SPY)(DIA)(GLD)(FB)(TSLA) 


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

 

5 DAY FREE TRIAL


Emini Podcast for Thursday 08/02/12

References (1)

References allow you to track sources for this article, as well as articles that were written in response to this article.

Reader Comments (3)

Any guess on the Employment numbers tomorrow?

Aug 2, 2012 at 23:41 | Unregistered CommenterTed

Ted,
I guess they went up. Or at least that's the picture that was painted. NPR is not known for being on the right side of the aisle most days but today they nailed it :

Actually, The U.S. Lost 1.2 Million Jobs Last Month

Aug 3, 2012 at 13:10 | Registered CommenterEditor

Do you think the numbers will be adjusted? When I hear you on your radio show I get the impression you don't put much stock in these government economic reports? Am I off base on that assumption?

It looks like even NPR is starting to doubt the leftist regime.

Aug 3, 2012 at 23:09 | Unregistered CommenterBill G.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>