Emini FuturesCast / The Daily Pod 05/31/11
May 31, 2011 at 5:29 PM (QQQQ)(DIA)(SPY)(GLD)(SLV)
WOW - Talk Radio doesn't get much better than this. Does it? Great show, que it up you won't be sorry. Got the ball rolling with a rant on the bleeding edge of trading. Attempting to put an edge on your edge can be hazardous to your trading capital and if you're already that good, we just can't help you. We covered all the markets with stunning clarity and moderate hilarity. This was a rare day that flowed effortlessly from one topic to the next. Enjoy...
Here's a Corn trade taken on the big screen during the live broadcast -
Every CFRN Partner has been given the tools to call and execute this trade. You can too!
Veggies a little too exotic for you? We pointed out this setup at the beginning of the live broadcast. I said something like "Watch what happens when price gets here" (it's on the pod) and then I drew the yellow arrow pointing at 1334.
The point I want to make here is not that we called it correctly ahead of time. The point is CFRN Partners get this exact trade setup at least once a day, almost every day. You can too!
Here's a Bigger Picture idea we posted as we ended the show today -
So far on the Globex session the White Candle has not appeared. This could potentially set up a nice trade on the short side. If we trade it tonight, we will Tweet it before we sell it.
We also had a nice YM trade in the Live Trading Room -
Is it true that CFRN Partners knew before the market opened that price might reverse at A and go to B?
It is true. You Can Know To.
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