Emini Trading Results for 10/27/2010
Well, it as a great emini trading today with an awesome “one and done”! We we’re first trying to get filled on a Pullback Trade, one of three day trading strategies we teach in our futures course. However, the Pullback rules had us cancel the trade, as the probability of success was decreased. Worked out nice as we cancelled the order and jumped in the Normal System Entry for a quick one and done day! We had several winners after that as well – for those that trade for more than 1 point per day.
I am personally emini trading for daily income, so 1 point a day is just perfect!
I read a couple scary economic articles on www.cnbc.com today – basically the US Dollar is at risk of becoming toxic waste, and fund manager Jeremy Grantham attacked the feds policies calling the fed’s strategy of “manipulating asset prices through artificially low rates and asymmetric promises of help in tough times” dangerous and destabilizing to the economy.
Read both of these at http://www.cnbc.com/id/39868154 and: http://www.cnbc.com/id/39828427/
Well that’s it for today! Enjoy the video and be sure to call or email any questions you have about futures trading or our day trading course.
Cheers!
