Emini Trading: Another 4 Point Trading Day PLUS Webinar!
Good morning all. I hope everyone had a great weekend! Al and I will be hosting a Webinar this Wednesday evening. Be sure to email Al for the Webinar registration link. We’ll do it like we always do – show the system’s trades, discuss it, answer questions.
Today started off with a quick loser. Can’t win them all folks. NOBODY CAN! We lost on the Early Entry Technique. We then had 4 winning Pulback setups – all winners for a total of 4 points of profit by 9:50 AM. Plenty of “daily income” available for all!
ProTrader Automated Strategy had a nice winner as well today. See chart below.
Pro Trader August 22 2011
The market is pretty strong today. Dow up about 170 points as of this writing. With 4 weeks of losses, a “dead cat bounce” was inevitable. We’ll see if it holds! Anyone holding gold or the popular GLD ETF is quite happy as gold continues to rocket through the moon. I personally believe that is a bit overbought, but the analysts, if you want to call them that, say gold is going above 2000 an OZ and probably more. We shall see.
For me, I’ll just continue trading for daily income!!
Enjoy the rest of the day.
David Marsh
EminiTradingStrategies.com
Day Trading Video Update for August 22, 2011
