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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.

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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

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Entries in support and resistance (15)

Friday
Mar222013

Interview With A Trader | The Truth About Trading

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

 

 

Interview With A Trader | Eye Opening - Myth Busting - Truth!

 

Personal friend and accomplished Emini Trader Jonathan G. joined us today as my co-host. Without a doubt, this one was one of our highest rated shows to date. Jonathan is a Christian Trader who trades for a living along with running several businesses here in Phoenix with his wife. He is also a driving force behind Leo's Kids and the National Association of Marriage Enhancement, where he was instrumental in launching NameOnline.TV and carries on the work begun by the late Leo Godzich.

This is not the first time Jonathan has been on the program and it certainly won't be the last. The audience grilled him thoroughly as to his technique, daily goals, loss limits, indicators, and his overall philosophy of trading. Jonathan has a genuine love for the markets and "all things trading". As he stated on the show today, not only is the money good, but it leaves him time to spend with his family and pursue his truest passion, which is ministry.

As you will hear on the Podcast, our techniques may be slightly different, but our individual approaches still put us into the markets at almost the same place and same price, time after time. How is that possible? We both embrace the underlying flow of the market between support and resistance. We agree that each moment in the market is unique, we see the market as a never ending flow of opportunity, and we both believe that once you've banked your 2 points for the day ($100 per contract), it's time to get up and go live life.

On the Podcast you will hear Jonathan answer tough questions like.

 

  • "What do you do when you get stopped out three times in a row?"

 

Chances are you'll be surprised by the answer even though you've heard if before. Over, and over, and over, again. I look forward to having Jonathan back and if you were not there for the live broadcast, you can listen and learn by clicking the headphones above.

 

 

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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Emini Podcast for Friday 03/22/13

Wednesday
Mar202013

Market Finds Support At Weekly Trading Zone

(QQQ)(DIA)(SPY)(GLD)(ZNGA)

 

S&P 500 Double Bottom Support | CFRN Weekly Trading Zone

 

Range and volatility this week have been a trader's paradise. Not only did the brisk action to the downside create a beautiful 10 point victory for our Tweet, price then reversed off the WTZ (to the tick) and made a beeline for the Weekly Zone overhead. Partners who were on their toes not only grabbed 10 points on the way down via the Tweet, but within 3 hours they were handed a 12 point opportunity to the upside as price raced north from "Zone to Zone".

 

SP 500 Emini Futures Tweet - 10 Points Stem to SternS&P 500 Emini Futures Tweet - 10 Points Stem to Stern

 

Unorthodox Crude Trade

We had a Payday at Midnight! Trading the new Crude Contract GCLK3 we used an unorthodox entry which I may teach Thursday night at the Partners Meeting. We are often asked if our trading method involves scaling in or out of positions. The answer is no.

 

 

A Payday At Midnight | Trading Crude

 

Even though we don't scale in or out in the Live Trading Room, certainly our Platform and our Methodology will accommodate such a practice if you so desire. In this video I show you the mechanics of scaling into a trade. If this is of interest to you, this is at least a starting point. We have no plans to change what we do in the Live Trading Room because you don't mess with success!

Live Trading Room Results

 

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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Emini Podcast for Tuesday 03/19/13

Wednesday
Mar132013

Weekly Zones Capture Another 20 Points

(QQQ)(DIA)(SPY)(GLD)(BAC)

 

S&P 500 Makes Another 20 Points Available Between The Zones

 

We covered the Weekly Trading Zones in depth in the last post. The market has now made an additional 20 points available as it continues to trade between the upper zone at 1548/1549 and the lower zone at 1542/1543. You will often hear traders complain about the market being "range bound". I won't make you suffer through the "lemons into lemonade" analogy, but that's really my point.

This particular range just so happens to be wide enough (5 Points), that it's possible to navigate and trade from the top to the bottom and back again. Once you're able to clearly define Support and Resistance, if there is enough distance between the two, you can trade it as long as you don't over think it. Bear in mind, if you're dealing with a 5 point range, any attempt to take more than 5 points on a trade, will leave you extremely disappointed.

 

SP 500 Emini Futures - Zone to Zone - 15 Minute Chart

S&P 500 Emini Futures - Zone to Zone - 15 Minute Chart


Realistic expectations are critical for success in trading. While you have no control over how far the market will travel on an any given move, you do have control over the number of contracts you trade. In other words, if you have a daily goal of earning $1,000 (just an example), and the current range is 5 points (just an example), forget nailing the top and the bottom. You want the market to first show you that the Support or Resistance Level is being respected. Confirmation costs money. In other words, if the range if 5 points, be content to scoop 2 or 3 points out of the middle. Since you have no hope of making the market move even 1 tick more... your leverage comes in trading additional contracts.

 

Increasing Contracts

 

Inevitably you will want to increase the number of contracts you trade if for no other reason, than the very good one I just gave you. Tread carefully. Yes you can make money twice as fast with double the contracts, you can also blow up your account twice as fast. There is only one logical way to increase the number of contracts you trade. One at a time.

Start with one. I don't care if your account balance is $5k or $50k, start with 1 contract. Only after you are consistently profitable in the Simulator will you move into live trading. Remember, this is not like trading stocks off a hot tip from your Barber's nephew. This is purely technical and the scissors are very sharp. No running! You need to make sure you know exactly what you're doing, or you'll end up wearing a very odd haircut for a long time to come. You can overcome a bad burrito in 24 hours, the psychological damage of a blown account can haunt you for a lifetime.

Once you are profitable in Sim, go live with 1. After you earn a minimum of $1,000, preferably $2,000, you can add an additional contract. You have now doubled your ability to earn money. You've also doubled how fast your account can evaporate. If the pressure of the second contract is too much, back down to one. Once you have earned an additional $1,000, preferably $2,000, add a third contract.

This may sound like a slow process, but it's designed to keep you solvent. By the time you hit 3 contracts, you only need 10-15 points to advance to 4. It starts to compound pretty quickly. Once you hit 5 it's time to consider peeling off some money for daily living expenses. Refer to your written business plan to determine exactly how much money you want Burt to wire you on a daily or weekly basis.

 

Dow Emini Live Trade

 

This video grows a bit long and grueling. Feel free to advance your way to the action points. There is a moral to this story. If you don't "get it" at the end of the video, email me - support@cfrn.net.

 

 

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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Emini Podcast for Wednesday 03/13/13

Tuesday
Feb052013

Introducing The Emini Pop Up Chat For Traders

(QQQ)(DIA)(SPY)(FB)(NFLX)

 

CFRN "Pop-Up" Chat - Neighborhood Outreach For Emini Traders

 

Tonight was our first impromptu, random gathering on the web and quite frankly, it went rather well. As someone who by nature is organizationally challenged, what better way to fulfill my calling without having to adhere to some rigorous schedule rubber stamped by The Man. Thanks to those who Popped-In and made it possible.

 

Emini "Pop-UP" Video Chat


 

Last Night's Emini Tweet

 

Last night we posted the Zone to Zone move in the S&P Emini - 

 

SP500 Emini Futures - The Groundwork For The SetupSP500 Emini Futures - The Groundwork For The Setup

 


 

S&P500 Emini Tweet - Long Above 1494.75S&P500 Emini Tweet - Long Above 1494.75

 

The Zone to Zone down move you see in the first chart, set the stage for us to buy the market and participate in the ongoing bigger picture up trend. Is this starting to feel like the trend that never ends? I assure you, it's not. However, until there is good evidence that we are looking at more than just a pullback, we will continue to ride the uptown bus. 

Once the trade triggered we had a relatively smooth ride up to the Weekly Trading Zone at 1504/1505. If you made the decision to simply take profits at that level, good for you. As we would expect, the market did pause at the Zone for 3 hours. Consolidation, coiling, making up it's mind... these are all valid labels for what you see on the chart. It's not surprising, unusual or out of the ordinary. It's simply what price typically does when it encounters a Zone. The only real questions were "How long will it ponder?" and "Then what?" Zone Traders know that patience is critical. Again, just departing the platform with 9 points as we pulled into the station would have made for a most excellent trade and left your afternoon free for boating, fishing, or a trip to the library.

In all seriousness, I would want to see those trading multiple contracts lighten the load here at the very least. Along with taking some profits you also want to tighten that stop till it squeaks. Once the consolidation is over, there are only 2 things that can happen. Price will proceed to the next Weekly Zone 1511/1512, which it did - to the tick. Or, after careful consideration, the hive mind decides it is more comfortable trading at lower prices, so it points the bus south and 1497/1498, here we come again. If that's what the market had done and your stop was squeaky tight, good for you. The only potential for drama here, is if you did not take some profits and if you did not raise your stop.

If you were in for the second leg of the journey, the entire scenario I just spelled out came into play all over again. That's how it works. Day after day, week after week, month after month. This post, Emini Futures - 2012 The Year In Pictures contains over 700 charts that walk you through trade, after trade, after trade, where you'll see price progress from Zone to Zone exactly as it did today. 

Now that price has found the 1511/1512 Zone, it will do one of two things - continue higher to the next Weekly Zone, or return to 1504/1505. Notice what happened at 1511. That's what I call a touch and go landing. There was no consolidation, no coiling, just rejection. In most cases such as this, price will return to that area "and go through the process". We will watch the market overnight and throughout the day tomorrow and see exactly how it fulfills its role. On the move down from 1511, price came within 2 ticks of 1505. Always remember, Weekly Zones are an area, not an absolute point where the market must reverse. If I wake up tomorrow to see 1511/1512 being tested, I will not be surprised.

 

As opportunities unfold we'll 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

 

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Emini Podcast for Tuesday 02/05/13

Friday
Dec142012

Support And Resistance Made Simple | Episode #1,559

(QQQ)(SPY)(AAPL)(GRPN)(SODA)

 

Support & Resistance Made Simple | Emini Futures Trading

 

Scanning our Blog Archive you'll see we have dedicated many blog posts to the topic of Trading Support and Resistance. Of all the topics we have written about or discussed on our Daily Emini Radio Broadcast over the past 7 years, probably none are more vital for the success of an Emini Futures Trader than the topic we've chosen tonight.

My friend and co-host Mike Reed, has used this simple concept as the core of his methodology for 27 years. He taught me a lot about the subject and I've discovered more on my own, but without him, I have no doubt I would not be where I am today. I am a firm believer in giving credit where credit is due. Without his mentoring and patience, traders around the world would be forced to face the markets each week without the benefit of our Weekly Trading Zones.

We have publicly published the Zones for over 3 years and I can honestly say I know of no better guidance for the S&P500 from a weekly perspective. There are products that cost more, products that promise more, but at the end of the day I am comfortable making this statement -

"Dollar for dollar, you will experience more trading opportunities with a higher degree of accuracy using our humble horizontal lines, than from any other product on the market."

 

SP Emini Future - Weekly CloseS&P Emini Future - Weekly Close

 

Even on Rollover Week, look at the Weekly Close on the chart above. Clearly defined trading opportunities were readily available to CFRN Partners on both the December and March contract, using just one set of numbers. There's the exotic, the esoteric, and then there's the facts. Our history and track record speak for themselves. Stop wasting time and money.

Arrange a no obligation consultation today!  

Email support@cfrn.net or call 415-857-5654.

 

Here are more examples of Fixed Support and Resistance at work. 

 

Emini Futures - 12/11/12

(ES) Emini Futures - 12/11/12

 

Emini Futures - 12/13/12(ES) Emini Futures - 12/13/12

 

Emini Futures - 12/14/12(YM) Emini Futures - 12/14/12

 

Our Zones draw borders around the playing field before the week opens. As the week advances we have a very clear idea of of where the market will attempt to move next. At the zone we expect to see consolidation or coiling. If we don't, price is usually coming back. After consolidation, price will be rejected or allowed to pass and move on to the next area of Fixed Support and Resistance.

There is another game in town - Dynamic Support and Resistance. We plot DSR with an indicator, live in real time. If you've never seen this indicator in action, you have to come watch it. It is truly a fascinating bit of math. Unlike some indicators, once it plots it sticks to its guns. In other words, the signal doesn't disappear if the market breaks through, it just becomes a different signal which is a very unique and high probability trade in it's own right. 

Along with learning how to trade, as a CFRN Partner you own every one of our Proprietary Indicators for life. Not just the ones in the toolbox today, but the ones still on the drawing board, the ones that keep us awake at night, you'll own those too. You heard me right. As a CFRN Partner you become the owner of every Proprietary Indicator CFRN has ever created, or EVER will create.

We evolve with the markets. Our basic methodology for embracing the underlying rhythm of market behavior has not changed in years. In fact, it never will. That's what makes us unique in the field of educating traders like yourself. We prove this every single day in our Live Trading Room. We use the same indicators and the exact same setup to trade all these markets:

 

  • S&P
  • Dow
  • Nasdaq
  • Russell
  • Euro
  • Gold
  • Crude
  • British Pound

 

Hard to believe perhaps, so come by and see it for yourself. In fact, you can do more than just watch. You can download our platform and use our indicators for one full week, absolutely free. No credit card required. That's how confident we are in what we offer. No one else does this. Nobody!

Although our methodology is the constant variable in our trading equation, we do accept that markets will evolve over time as a result of many factors. That's why we make sure CFRN Partners stay ahead of the curve. Don't lose sleep over chatroom chatter about how the markets will change and there goes your business. With CFRN, you're covered. 

There are companies that will teach you how to trade the S&P. They also have a course to teach you Gold, another for Crude, another for the Nasdaq, you get the picture. Instead of teaching you how to trade a specific market - 

We offer a holistic solution to every trader's dilemma!

We simply teach you how to trade.

As a Certified CFRN Partner, you will be able to trade any of the markets mentioned above and even more, using just 3 indicators and 1 setup. Imagine focusing all your time and energy on learning just one setup. Now some people do enjoy checking 50 different indicators, oscillators, widgets and gadgets, before they put on a trade. We prefer to put on our fancy reading glasses that have already checked those fifty things for us. If there's a trade to be made, it's as clear as day. This allows us to focus on what's really important:

 

  • Trade Execution
  • Trade Management

 

I'm not referring to the simple act of getting into a trade. It takes no skill whatosever to get into a trade. I'm talking about recognizing and taking advantage of whatever the market makes available. I'm talking about the ability to be emotionally detached when thousands of dollars hang in the balance. Operating a successful trading business requires you to think quickly and and act swiftly. Leave the mechanical stuff to the machine. You need to be "in the moment", attending to what really matters. 

 

November / December Live Trading Room Results

 

We trade in front of a live audience every day. Not every day is a great day. That's the truth about trading. Unlike some trading rooms, each day our head trader Michael steps into the arena with a live account and real money. As the world looks on, he trades multiple markets using 3 indicators and one setup.

We trade live for 2 hours from 9:30 - 11:30AM Eastern and then we call it a day. Well almost... we break for 30 minutes and at 12 Noon Eastern, we begin our Live Radio Broadcast now in its 7th year and heard 'round the world in over 20 countries. At the top of the broadcast Michael walks through each and every trade that was taken in the Live Trading Room. He also takes questions live from the audience.

What began as a radio broadcast 7 years ago has become more akin to a television program. Along with streaming audio, we also stream live video. As Michael walks through each trade, the radio audience is able to "see" the setups on their computer screen, smart phone or tablet. We record not only the audio, we also record the video portion of the daily recap. We do it on the good days, the mediocre days and even the bad days. Why? Because that's the truth about trading.

November Results - $3,100.00 (and some change) per contract.

December Results - $2,785.00 (and some change) per contract, so far...

These are the results as traded before a live audience for 2 hours each day. Keep in mind that along with trading, Michael is also mentoring students and answering questions. Your results of course could be significantly different than his. We would hope that your results would be better as you only have your own trade to focus on, not your trade, plus 100 people asking questions.

If you've never taken our Free Trial - Apply Today!

If you've not taken it in the last 6 months, send an email to SecondChance@cfrn.net

Those of us who are truly determined and destined to become traders eventually realize the only real answer is learning how to trade. If that's you, we invite you to become a part of our rapidly growing family today. 

 

No Trader Left Behind

 

"Education is the most powerful weapon you can use, to change the world."
Nelson Mandela

We invite you to become a world changer. Forget politics, forget dependence on banks or even the government. This misplaced trust is why there are more Americans on Unemployment and Food Stamps today, than any other time in the history of America.

Feel free to blame whomever you choose, or choose today to set yourself free. 

We believe that education is not an expense, it is an investment in our future. Therefore, we have adopted a "No Trader Left Behind" policy. If you truly desire to learn how to trade, you're in luck.

Simply give us a call to work out the details.  415-857-5654 or email  tuition@cfrn.net

Equity Partners - 100% Tuition Reimbursment


 

As a Certified CFRN Partner, you automatically qualify. There is nothing to purchase, no fee to pay. As a Partner you have access to technology that changes lives. As we continue to grow, our goal is to be involved with traders who are as passionate about their faith as they are about their work.

We want you to become more than a student, more than an alumni...

We want you to become a part of the company.

We want you to have a vested interest in CFRN. We begin by returning every tuition dollar paid, but that's just the beginning - as an Equity Partner you become an Ambassador to the Nations. The voice of who we are, as traders and believers.

A CFRN Equity Partner is a new kind of missionary.

Not defined by geography, but marked by the willingness to apply the parable of the Good Samaritan and "go and do likewise".

 Being a Christian Trader means being intentional with

  • your time
  • your money
  • your passions

Christianity should be a verb, not a noun.
It's a movement that requires us to live out our faith... not just talk about it. (learn more)

 

Returning To Our Roots

 

The CFRN Studios are returning to their roots. As internet radio pioneers, our maiden broadcast originated from the studios inside our Historic Church in downtown Phoenix AZ. 

 

 

 

We are excited about the move. Overall, we're just happy to be back downtown in the hub-bub of activity. We've enjoyed the last few years at our studios in South Mountain overlooking America's largest city park, but the hiatus is over and we'll be back in the zone doing what we do we best -

Loving God - Loving People - Loving Life

Along with the CFRN Studios, services are held every Sunday morning and Wednesday evening by my good friend Pastor Daniel. Our global outreach, Love Works International and New Hope Orphanage will move thier U.S. headquarters back in with us, and when our brick and mortar training school opens in 2013, this is where you'll get your schoolin'.

These are exciting times. Important men are afraid of our President, they have admitted it openly. We aren't. We respect him and honor him as the office of the POTUS warrants, but we don't serve him. We serve the God of all creation, the maker of heaven and earth. Our faith and trust is in Him and Him alone.

Once the studios are open if you are in the greater Phoenix area and would like to come in and trade with us each morning, let us know... My good friend and trader extraordinaire - Jonathan, will be joining me and co-hosting a live radio program as we move into a new area of expansion for CFRN Programming. Interested in hosting your own show? Email programming@cfrn.net

Join us in prayer as the hand of God moves mightily in 2013.

 

 

As opportunities unfold we'll 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 Pinterest

Follow us on Twitter!Twitter
Follow us on Facebook!Facebook
Read the MailChimp blogBlog
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 Please leave a review on iTunes

 

 

5 DAY FREE TRIAL

Emini Podcast for Friday 12/14/12