Saturday
Apr272013
Emini Podcast | Episode #1644
April 27, 2013 at 7:34 PM 
tagged emini futures, emini podcast
emini futures, emini podcast Entries in emini futures (203)
April 27, 2013 at 7:34 PM Monday
Apr222013
Triple Top Threat Looms Large
April 22, 2013 at 2:34 PM (QQQ)(DIA)(SPY)(GLD)(NFLX)
How To Trade Against A Triple Top Backdrop
The Shadow knows... and that's exactly what we have in the S&P 500 Emini Futures - a gigantic shadow being cast over the markets by the biggest triple top in trading history. We are at all time historic highs in the Dow and the S&P over the past month and yet we can not seem to break out and break away. The longer we grind here without a meaningful break out, the greater the chance we will break down instead of up.
How do I trade against a triple top? Perhaps the easy answer becomes: You don't. With many markets to choose from, you might simply pick a different arena. Opportunities abound right now from Currencies, to Grains, to the Energy Complex. If the size of the account you're trading dictates the liquidity and participation level of the S&P, then keep all trades on a fairly short leash. There is nice volatility and healthy two sided action. As long as you can limit your exposure time wise, it would almost be a shame not to participate in these beautiful intraday swings.
Where do you see support? If we reference only the February lows, I would not want to see 1520 broken on a pull back. If we step back to gain a greater perspective and look to the lows of November 2012, as long as we don't break and close below 1415, the top may have another leg. Beyond the lows of November I say we have to embrace the possibility of a much deeper retracement and the possibility of a Bear Leg in a Bull Run.
Today's Trades
S&P 500 Emini Tweets & Trades
Today's Emini Radio Broadcast
CFRN - Voice of the Emini Futures
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
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Sunday
Apr212013
7 Point Trade To Start The Week
April 21, 2013 at 11:46 PM (QQQ)(DIA)(SPY)(GLD)(FB)
"Simple" Trade Issued On Radio Starts The Week w/ 7 Point Move
On Friday's broadcast, at the end of the show we discussed one of our current projects called "Simple". He is our Digital Trading Assistant and simply types Buy and Sell information right on the screen. He has been in Alpha for a year now and the results are very stimulating.
We have plans to move Him into Beta-Testing later this year. CFRN Partners will do the testing when we finally roll Him out. You can listen to Friday's show by clicking the headphones above or learn more by watching the video below.
Weekly S&P Emini Recap Video
In the following video, I walk you through the opportunities that were presented to CFRN Partners last week via our Weekly Trading Zones and S&P Emini Tweets.
High Probability Emini Futures Trading | The Edge You Need
Towards the end of the Video I go through a basic explanation of Simple and the S&P trade issued Friday afternoon which produced 7 Points on the Globex open tonight. The current debate is whether He will be released to the general public or simply remain with our Partners after the Beta-Test is complete. Your input and comments are always welcome. Send us an email: support@cfrn.net or use the comment box below.
The first step to becoming a Partner is HERE!
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:
Please leave a review on iTunes
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Sunday
Apr142013
Futures Slide On Globex Open
April 14, 2013 at 9:40 PM (QQQ)(DIA)(SPY)(GLD)(FB)
Quiet Globex / Futures Drift South Ahead Of London Open
Friday's broadcast has now been uploaded. We apologize for the delay. A quiet night on Globex thus far, with price challenging the lows of Friday's session. Our Tweet on Friday offered a "day's pay" as the market made 3 points available below 1578. Again tonight we saw those same 3 points on our current Tweet and a little something extra for those willing to work late (or is it early?).
ESM3 - Based on the new all time high, we have no interest in being long. We will consider being short below 1578. $ES_F #emini #cfrn_trade
— DeWayne Reeves (@CFRN) April 11, 2013
ESM3 Tweet triggered at 1578 today. The market gave us 3 bites of the apple. Here's the Chart > $ES_F #es #cfrn_trade twitter.com/CFRN/status/32…
— DeWayne Reeves (@CFRN) April 13, 2013
(ES) Tweet - 3 Bites Of The Apple @ 1578
ZSK3 - Our Soybean Tweet was good for 6 cents today. 6 cents is equal to 6 points in the S&P 500 Emini (ESM3). $ZS_F #soybean #cfrn_trade
— DeWayne Reeves (@CFRN) April 13, 2013
Soybean Tweet 14.16
Friday on the "After Show" we only had time for 1 trade. This is an example of using "broken dynamic support". $GNG_F twitter.com/CFRN/status/32…
— DeWayne Reeves (@CFRN) April 13, 2013
Natural Gas Slingshot Trade
ESM3 Quiet open no gap. Still like being short below 1578 if presented and adding if we trade below 1575. Long above 1588. $ES_F #cfrn_trade
— DeWayne Reeves (@CFRN) April 14, 2013
S&P500 Emini Futures - Globex Tweet
ESM3 - The market has made 4.5 points available so far on our Tweet tonight. Manage accordingly... $ES_F #es #cfrn_trade #emini #trading
— DeWayne Reeves (@CFRN) April 15, 2013
I look forward to seeing you all in the Live Trading Room tomorrow morning.
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:
Please leave a review on iTunes
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tagged emini futures, globex, live trading room
emini futures, globex, live trading room Thursday
Apr112013
Learn To Daytrade Emini Futures
April 11, 2013 at 11:43 PM (QQQ)(DIA)(SPY)(GLD)(FB)
Learning To Daytrade Emini Futures Is Not Rocket Science
Or is it? I've seen traders with desktops so complex, it requires an advanced degree in computer science, a BS in engineering, plus a Phd in economics just to realize you're staring at their screen saver, not their charts. I'm not kidding. We're the first to agree that trading's not easy, but we do believe it can be simple. At the very least, we believe it can be simplified.
It's no secret the market only moves in 3 directions: Up - Down - Sideways
No matter how much computational horsepower you have under the hood, no indicator, oscillator, or ancient Chinese art can predict the future. I realize my position will frustrate some and anger others, but I challenge anyone and everyone to prove me wrong. Everything on the screen is a reflection of what has already happened. Even the price bars themselves are a shadow of decisions made by men and machines, seconds or even milliseconds ago. History is what you're staring at, not the future.
Am I saying indicators are worthless? Not at all, as long as you understand their limitations. Can past events, when properly illuminated and extrapolated help us make high probability guesses as to what may transpire next? Absolutely.
My point is simply this,
- On a good day you'll make a good guess
- 3 things can give you as much information as 37 (if they're measuring the right stuff)
- Beyond what I just said... you're dancing with the devil
Michael and I have used just about every piece of fortune cookie software in existence. From the really expensive stuff, to the freebies. Not only have we owned them and traded them, there's a high probability that between the two of us, we either coded or re-coded them, at some point along the way.
Much like our radio guest today, we are Tinkerers. At least we were. There's still a part of us that wants to see over the horizon and around the corner (a.k.a. The God Complex), but aside from our current and possibly final project - "Simple", I think we're done. We've brought together the best of everything we've ever touched, traded or admired, all under one roof and baked them into a few very unique, color coded indicators.
You can take my word for it now, or 10 years from now, but if you stay in the business, ultimately you will come to the conclusion that the words I've typed tonight, have a ring of truth time will never tarnish. We deal today, in some very simple yet immutable truths. I'm not saying we have a first edition autographed holy grail, I'm not saying we're the only guys listed under awe·some /ˈôsəm/ adj. in the dictionary. I just don't know of anything "better" at defining where we stand and what may happen next. That's all...
We could "tinker" with the numbers and curve fit the data to make our ticks look as pure as some of the other guys, but we aren't the other guys and quite frankly we just aren't interested in that game. We're laser focused on trading and teaching you how to trade. Since we already have the tools assembled and waiting for you, our only real task once you become a Partner, is to help you learn to think in probabilities while employing aggressive risk management.
You'll learn the tools and our Slingshot setup in just a few days, a few weeks at the most. How long will it take you to become a consistently profitable trader? That depends on how fiercely you insist upon holding on to your pre-conceived notions about trading.
- We will teach you to simply see the market as a never ending flow of opportunity.
- We'll give you some tips on when to step into the flow and which way to face.
- You'll learn in time, to accept that despite your best efforts, occasionally you'll tip over.
- Once you learn to get back up, get your bearings, and step back into the flow without hesitation or indigestion, you'll no longer need us. You may still want to hang out with us, but you won't need us... and that my friend, is a beautiful thing.
I shared some great charts and trades with you in the last post, but in this one I want to show you three Live Trading Videos. One thing you'll learn about us, we're just as quick to trot out our mistakes as we are to do the Tebow after a brief moment of glory. Why? Because that's the truth about trading.
These are not home run, grand slam videos. These are real moments, in real markets, with real traders asking real questions.
There will be plenty of time next week or next month to post trades that give you goose bumps, but for today, let's learn some real life lessons about how YOU Can Learn To Daytrade!
Yen Trade
Natural Gas Trade
ES Trade
If you have questions or comments please feel free to use the comment section below or just email me direct at support@cfrn.net . The feedback for the "after show" has been very positive and encouraging. Keep those cards and letters coming. While you're at it, be sure to subscribe to the podcast and leave us a review on iTunes.
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:
Please leave a review on iTunes
5 DAY FREE TRIAL