Monday, March 31, 2014

ES TRADE REVIEW FOR 03-31-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:
 
Today's trade plan called for caution on the open due to the upcoming fed chairwoman speech at 8:55 AM.  The most likely course for the market to follow after the open was to drive up in anticipation of that speech and that is precisely what occurred.  After clearing Globex high ES traded to the initial  resistance at 1866.50 where we found responsive sellers.  The Sellers were able to push ES down for a 7 point rotation and a backside test of Friday's high.  ES was much stronger than the NQ; which had difficulty sustaining above Friday's highs and was generally weaker the entire day.  The move into Friday's high trapped late sellers in ES and provided fuel for a move up to the initial resistance where we set a marginal new high before Sellers once again stepped back in and gave us the rotation down to Globex high.
 
Essentially today's move was stolen before the market opened and we were left with a choppy market that was in balance. It is very easy for retail traders to get chopped in an environment like this.  Breakdowns tend to get bought and breakouts tend to get sold on balance days.  The easiest way to play this is from the outside back to the middle.  Conversely the middle of the range tends to be the worst place to initiate a trade.
 
Overall ES was much stronger than NQ; which found significant selling pressure in the last 15 minutes of the day.  I had pointed out in the market preview that NQ has been significantly weaker than ES and that it has been leading ES lower and higher for the last six months.  The last two trading days we have seen ES hold up much better than NQ.  It is possible that ES is becoming the new market leader which in my eyes could set us up for better two way markets moving forward.
 
Overall the zones provided great trade location and a significant edge on both first and second touches which is very common on balance days.
 







Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Sunday, March 30, 2014

ES TRADE REVIEW FOR FRIDAY 03-28-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:





MARKET PREVIEW








Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Wednesday, March 26, 2014

ES TRADE REVIEW FOR 03-26-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:




MARKET PREVIEW






Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Tuesday, March 25, 2014

TUESDAYS MARKET PREVIEW 03-25-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.


MARKET PREVIEW






Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Monday, March 24, 2014

ES & NQ TRADE REVIEW FOR 03-24-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW


MARKET PREVIEW




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Sunday, March 23, 2014

ES TRADE REVIEW FOR FRIDAY 03-21-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:



MARKET PREVIEW



Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Thursday, March 20, 2014

ES TRADE REVIEW 03-20-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:



MARKET PREVIEW
DELAYED BUT COMING SOON!



Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Wednesday, March 19, 2014

ES & NQ TRADE REVIEW FOR 03-19-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:


MARKET PREVIEW




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Tuesday, March 18, 2014

ES TRADE REVIEW FOR 03-18-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:



MARKET PREVIEW




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Sunday, March 16, 2014

TRADE REVIEW FOR FRIDAY 03-14-2013

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:





Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Wednesday, March 12, 2014

WEDNESDAYS LIVE MARKET PREVIEW 03-12-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

LIVE MARKET PREVIEW:




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Tuesday, March 11, 2014

ES TRADE REVIEW FOR 03-11-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Wednesday, March 5, 2014

ES TRADE REVIEW FOR 03-04-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:



Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Monday, March 3, 2014

ES VIDEO TRADE REVIEW FOR 03-03-2014

A SIMPLE APPROACH TO GAINING CONSISTENT RETURNS THAT ANYONE CAN FOLLOW. NO HYPE, NO BS, TRANSPARENCY DAY IN DAY OUT.  1 GOAL, TO MOVE TRADERS FROM BREAK EVEN/LOSERS TO CONSISTENT WINNERS.  ITS NOT FANCY, JUST EFFECTIVE.

TRADE REVIEW:



TODAYS LIVE MARKET PREVIEW:




Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential