Swing Trading Emini Futures

"An investment in knowledge pays the best interest." Ben Franklin

Swing Trading The SP500 Emini Futures

We often hear our trading style is too abrupt, lacking in elegance, more like a Pirate's Smash & Grab. Our standard answer is "Increase the time frame" or, "Learn to appreciate the power of 2 points." Here's the rub, many people are convinced that making 20 points on 1 contract is superior to earning 1 point on 20 contracts.

Keep in mind... the payout is identical.

20 points X 1 contract X $50 per contract = $1,000.00

1 point X 20 contracts X $50 per contract = $1,000.00

Which is easier?

Click to read more ...

Emini Podcast For Friday November 16, 2012

S&P 500 Emini Futures

The ES consolidated over 30 hours at the 1349/1350 Weekly Trading Zone before finally breakng lose Friday afternoon.

(ES) SP 500 Emini Futures

As opportunities unfold we will keep you posted.

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

Click to read more ...

Simple Emini Trading - Part 3

"Experience is one thing you can't get for nothing. "  Oscar Wilde

Simple Emini Trading - Part 3 / The Old Butcher

In Part 1 we discussed what the market is capable of doing. There are only 3 things. Can you remember what they were? If not, go back and review the material. We also discussed the new traders reluctance to use a hard stop and how much that mistake could cost him or her, their first day on the new job. Do you remember? If not, read it again. 

What's amazing, this new trader who will on average lose that much money on his first day by doing the very thing even the cab driver told him not to do, is the same guy who was reluctant to invest in an education and was uber-obsessed with shaving $1.00 off his round turn commissions with a $3k account. So what if the trade desk is in India and the broker himself has never placed a trade before, "I'm saving a buck per round turn!" "I got this thing wired."

Click to read more ...

Emini Podcast For Tuesday November 13, 2012

(QQQ)(SPY)(FB)(GLD)(AMZN)

by DeWayne Reeves

Connect with us:

Emini Podcast for Tuesday 11/13/12

Reflections On An Inside Veterans Day

"As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them." - John Fitzgerald Kennedy

Trading The Inside Day

The Inside Day is one of many topics we will cover in the Emini Mastermind Course.

Click to read more ...

Simplifying Your Emini Trading - It's Complicated

The ability to simplify means to eliminate the unnecessary so that the necessary may speak. Hans Hofmann 

Simplicity - A Complicated Concept For The Emini Trader

Our ability to profit from the movement of market prices can be reduced to:

This

Or This

Click to read more ...

CME Scheduled To Reopen

CME Group will reopen its U.S. equity index futures and options on futures markets today at 5:00 p.m. CT for overnight electronic trading. The equity index markets will close tomorrow morning October 30, at 8:15 a.m. CT for both the trading floor and CME Globex in coordination with the announced closure of the U.S. equity markets because of Hurricane Sandy.

CME Group’s interest rate futures and options on futures including Treasury, Eurodollar and Fed Funds will reopen at 5:00 p.m. CT today and resume normal trading hours, including remaining open tomorrow, October 30. The re-opening for interest rate markets applies to both trading floor and CME Globex venues.

In addition, as a result of New York City’s continued mandatory evacuation of Zone A, which includes CME Group's NYMEX World Headquarters and New York trading floor, the New York floor will be closed on Tuesday, October 30. All New York floor-traded products will be available on ClearPort as well as CME Globex during their regular market hours.

All other CME Group futures and options on futures markets will remain open.

We will continue to monitor the situation as well as continue our coordination with other exchanges and will keep you updated as information becomes available. Source: CME Group 

Click to read more ...

Fibonacci Extensions For Emini Traders

Understanding Fibonacci Extensions For Emini Trading

In our first article Fibonacci Tips For Emini Futures Trading we discussed the application of Fibonacci Retracements in the context of an uptrend. In the second article of the series Fib Tips For Emini Traders - Part 2 we discussed the same principles with a focus on their application in the context of a down trend. Both articles are complete with chart examples and in Part 2 we also used a Live Blogging format during the Sunday night Globex open. The purpose of the exercise was to move away from a purely historical chart and give you real world exposure to the Hard Right Edge.

Click to read more ...

Emini Trading Update

Markets declined across the board today on weakness abroad, earnings season at home and a US Presidential Debate that left many voters still undecided with only 2 weeks until we head to the polls.

Emini Trading Update

What would have gone out last week as a TWEET, went out instead as a CFRN Partner Swing Trade. If you've been following the blog and the show, you know I went kicking and screaming. However, today as I sat behind closed doors I was asked a critical question -

"What is CFRN's Educational Mission Statement as you originally defined it?"

I stroked the stubble on my chinny-chin-chin, and quoted it verbatim:

"To equip and train believers around the world to become traders
for the purpose of accomplishing God's call on their life.
To recognize that not all men are called to become traders.
To steward those placed in our path with love and grace."

Click to read more ...

Emini Podcast For Monday October 22, 2012

(QQQ)(SPY)(FB)(AAPL)(UA)

by DeWayne Reeves

Connect with us:

Emini Podcast for Monday 10/22/12