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Day Trading Results & the Super EET

Again, my apologies for not keeping the day trading blog up to date. Unfortunately we are working on a major project that is taking up a lot of our time. I know I’ve mentioned this so-called “project” a few weeks ago and everyone wants to know what it is. You are correct – you DO want to know what it is. And you will soon! I probably shot myself in the foot by “hinting” about it as early as I did. All I can say at this point is this “project” is under development and we are getting closer to making an announcement. This new development will absolutely change the way you trade the Emini S&P Futures market forever! So please stay tuned!

Ok let’s talk about today’s emini trading. We started off with a couple losing trades. We then had a SUPER EET that made 11+ ticks profit! – then a great NSE Short to finish up the day with a profit. To be honest I missed the losing trades at the open as I was in development, and I missed the Super EET, I did catch the NSE out of NO Zone however on video for a nice profit.

Now – what IS a Super EET ? Well, we already know the EET is: Early Entry Technique. It works on a faster tick chart and it allows you to get on board with a new trend before the trend is established by the Normal System Entry (NSE) on the slower tick chart. This is an aggressive trade, so it normally risks only 4 ticks per trade versus 8 ticks on a NSE trade. The max risk on the EET is 6 ticks however.

A Super EET is when we come out of NO Zone! We know, by watching our endless library of live day trading videos right here on this blog that the NSE that follows No Zone is a high probability setup! So when we take the EET trade in the direction of the NSE that would be a high probability trade – that’s a Super EET. I discuss it live in the video below – be sure to check it out as this is one of my personal favorite trades!

I will be out of pocket most of the weekend. I will try to put up a Weekly Video Update later in the weekend when I get back.

Cheers!
ETS

Day Trading School’s: Super EET Setup

 

This entry was posted on Thursday, September 23rd, 2010 at 1:54 pm and is filed under Daily Trading.
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