Emini Trading today was good and strong …
Another good trading day today using our futures trading system. Our first trade was a Normal System Entry, short. That made it’s profit, and some had a one and done. I moved my stop-loss to entry after 1 point of positive price action. I was never filled at my exit price and was stopped out even on the trade. The market basically rallied from there. We entered and exited No Zone, and then back into No Zone. After the 10 AM report today, we had a great NSE short trade. It’s a high probability trade as its coming out of No Zone. So I shorted the NSE and grabbed 6 ticks on the trade. I wanted the couple extra ticks to cover commissions.
I was done day trading within the first hour 🙂
Markets are up a bit today. Home Builder Confidence rose for the first time in months. However, I also read another report showing that housing will be slumped for years to come.. who knows anymore!
I do know that we will see a lot more action after elections next month! That you can be sure on!
Here’s today’s video! Enjoy the day!
Futures Trading Strategies – Daily Results 10/18/2010
