The Emini (SPX mini futures at 50
to 1) is moving up in waves. If a
standard 12/26/9 MACD is applied to the weekly price chart we can see that a
price move of 150 to 350 point price move accompanies a cross higher. The key comes in anticipating the cross and
managing trades prior to the cross.
What This Blog Is About
This blog is my trading journal. It contains my reasons for entering a trade and if I decide to put the trade on, my entry and exit strategy. My trade results will be recorded on my Yahoo Group site. A link to that site is provided below.
Do Not attempt to trade real money based on anything you see or read on this blog. It is intended only as a learning tool for my readers and myself.
If you are interested in learning to trade the Emini and Options markets, I encourage you to open a “demo” or “practice” account, use this account to follow my trading plans. Remember, Do Not use real money or trade in a real account based on the information in this blog.
All times given are in Hololulu Standard Time (HST) unless otherwise stated. I will sometimes use Greenwich Mean Time (GMT). To convert to your local time, click on the link below located under "World Time Zones".
If you have any questions or comments, send an email to Mrpipman@yahoo.com or use the "comments" link following each posting.
Do Not attempt to trade real money based on anything you see or read on this blog. It is intended only as a learning tool for my readers and myself.
If you are interested in learning to trade the Emini and Options markets, I encourage you to open a “demo” or “practice” account, use this account to follow my trading plans. Remember, Do Not use real money or trade in a real account based on the information in this blog.
All times given are in Hololulu Standard Time (HST) unless otherwise stated. I will sometimes use Greenwich Mean Time (GMT). To convert to your local time, click on the link below located under "World Time Zones".
If you have any questions or comments, send an email to Mrpipman@yahoo.com or use the "comments" link following each posting.
Useful Links
Thursday, June 12, 2014
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