Emini Trading: Futures Day Trading Results 6/2/2011
The markets took a pretty big haircut yesterday as we had negative economic numbers and Moody’s downgraded Greece! Tomorrow’s Non Farm Payroll Numbers will be a big report and all eyes are on that! Not to mention QE2 is set to end soon and people are starting to see that maybe we’re not quite out of the woods yet!
Of course, all this uncertainty leads to more volume and an uptick in volatility. For a day trader, it is a good thing. It gives us the opportunity to have several good oscillations in the first hour of the trading day that we can use to make a daily income from! To me, making money early and taking the rest of the day off is what it’s all about! Of course I really do not take the day off. I love to teach my students so I spend a lot of time answering questions, phone calls, and emails as I want everyone to be successful at emini trading for a living!
Was a nice One and Done day today. In fact I think we had one and done trades all week! Here’s a quick video showing today’s trades!
Cheers!
ETS
Emini Trading: Futures Daily Update 6/2/2011
