Search results

I recently saw an interesting post asking, why do we have these discussion forums? What I am expecting to get out of this? What more would you like you like to see out of these forums, etc. Is there any valuable information that can actually teach me how to trade, etc? Obviously this big...

FRI - 11-19-2010 - (DAY SESSION PART 2/SUMMARY) The first retrace takes price above 1193 and price works its way up to 1200 area overnight highs, offering many good E=MC2 long trades for most of the trading session.

FRI - 11-19-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gaps lower, and E=MC2 continuation sell set ups develop to provide nice gains during first move down. As long as retrace move up holds 1193 area, the E=MC2 mechanical trend and big picture are in alignment to the sell...

FRI - 11-19-2010 - (OVERNIGHT - OPEN) MACRO - ES has seemingly "rejected" a breakout above the 1200-1050 bracket. This could mean an eventual move down to bracket lows near 1050 with 1120 first major pullback to swing support. As mentioned, the sign this is taking place is if the daily chart...

THURS - 11-18-2010 - (SUMMARY) Price never mounted another swing attempt to new intra-day highs above 1199 and instead traded in a trading range for the rest of the session. The E=MC2 trading trend turned down at 14:30 and an aggressive sell setup developed near 1196 with expectations...

WED - 11-17-2010 - (DAY SESSION PART 2) 11:30 - First trend day pullback entry offers profits into intra-day highs near 1199. Monitor 1200-1196 range to make sure end-to end trend day conditions continue. A breakdown could signal a reversal (if failure swings to intra-day highs above occur...

THURS - 11-17-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gaps up to 1190 area. NO fade the gap structure develops , and E=MC2 looks to go with trend continuation buy set ups instead. Price pauses at 1193 as expected, but then breaks through into the 1206-1193 bracket with...

THURS - 11-18-2010 - (OVERNIGHT - OPEN) MACRO - ES has seemingly "rejected" a breakout above the 1200-1050 bracket. This could mean an eventual move down to bracket lows near 1050 with 1120 first major pullback to swing support. The sign this is taking place is if the daily chart eventually...

WED - 11-17-2010 - (SUMMARY) Price continued to chop in the 1180 area for most of the trading session and the eventual breakout to the downside was powerful enough to provide nice trading gains. There were only 3 E=MC2 set ups (price + volume) to consider during day session part 2- all Sells...

WED - 11-17-2010 - (DAY SESSION PART 2) MID DAY - Anyone trading ES today should see the difficulty as price is stuck in the key identified 1180 area. This is a perfect example of the way E=MC2 uses the big picture to filter trading conditions. Even though the mechanical trend is up from...

WED - 11-17-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gaps slightly up to 1180 area and makes a first move lower with sell opportunities to test 1180-1172 chop lows. The first retrace higher creates a set up a long trade within chop near 1177 to test the 1180-1172 highs...

ES REAL TRADING APPLICATION Announcing that E=MC2 Vol 2. - The E=MC2 Approach and Real Time Trading Application is now available on Amazon as a follow up edition to the original E=MC2 material that is designed to take E=MC2 learning to a new level. The book in written in the style of...

WED - 11-17-2010 - (OVERNIGHT - OPEN) MACRO - ES has seemingly "rejected" a breakout above the 1200-1050 bracket. This could mean an eventual move down to bracket lows near 1050 with 1120 first major pullback to swing support. The sign this is taking place is if the daily chart eventually...

TUES - 11-16-2010 - (SUMMARY) Trend day conditions offered good sell opportunities between 10:00 - 2:15 as price moved down to 1171, along with an aggressive volume lead countertrend buy opportunity near the end of the trading session. We now monitor the 1180-1165 bracket. mechanically price...

TUES - 11-16-2010 - (DAY SESSION PART 2) 10:00 am - Price as worked its way to 1180 as expected . We are in a trend day down. Look for passive E=MC2 trend day sell trades. If 1180 breaks 1165 is target with minor support at each 5 point interval. Maintain trend day down outlook until...

TUES - 11-16-2010 - (DAY SESSION PART 1) GAP/FIRST MOVE/FIRST RETRACE - ES gaps down and makes a first move lower with sell opportunities to test 1186 area. The first retrace higher creates a fade the gap buy at 1187.50 (room to breakeven) as price moves higher to try to take out 1190. Day...

TUES - 11-16-2010 - (OVERNIGHT - OPEN) OPEN UPDATE - After working higher to 1193 area before 8:30, just before the open the ES is in C2 gap sell continuation mode, so we start in sell mode, will watch for test of 1186 area to start, and see if volume leads the way to another fade the gap...

TUES - 11-16-2010 - (OVERNIGHT - OPEN) MACRO - ES is at the key big picture 1200 area of the 1200-1050 bracket. A breakout attempt higher last week is in the process of being accepted or rejected. Accepted = 1280 target with 1223 first resistance. Rejection = 1050 target until proven...

MON - 11-15-2010 - (SUMMARY) Key 1206 resistance holds, and volume hints at a reversal at 13:00. Once 1202 breaks, expect 1193 low end of bracket to be tested, and look to take advantage of E=MC2 sell set ups along the way. Price works down to 1195 area to end the trading session and we...

MON - 11-15-2010 - (DAY SESSION PART 2) MID-DAY - A long trade setup at 10:30 at 1201 presents the first inside chop trade set up that moves price up to key 1206 resistance which turns the trading trend up. As long as price holds 1202 area on a pullback uptrend remains intact. 1206...