Emini Trading: Amazing ProTrader day!
About an hour before the bell, Moody’s downgraded the United States to a negative! Needless to say the market reacted negatively and we broke below the 1300 level before the bell. We bounced a bit but quickly dropped down and looks like we bottomed out just before 1290. At least by lunch time today..
ProTrader had 2 winning trades the first half of the day!! It may take more trades later today. ProTrader stays on the sidelines most of the time, but strikes when the opportunity presents itself! ProTrader will no longer be available after May 15! If you have any questions, please feel free to ask…. I have attached a screenshot of the trades today.
Our emini trading was pretty good as well. About 60% of my Trading Room had a one and done on the first Early Entry Trade. The ones that did NOT get that trade started to get beat up to the tune of 4 points in the hole! But we quickly recovered with a couple nice EET’s and one Super EET and we make our money by lunch – if we did not get the one and done!
Cheers!
ETS