Category Archives: E-Mini NASDAQ

Trading the Dogs Days of Summer…

Trading the dogs days of summer…

This used to be a time in which I would most likely over-trade and lose money because I would be in a big hurry to trade and make money.  After years of making the same mistakes when the volume and the volatility get really low, I finally figured out how I needed to trade on these days.  Trade smaller and risk less.  It was just that simple.

If you’re a trader who is new, or just a 1-3 lot trader, then this market is probably not for you.  I always take the worse case scenario and go from there.  There is nothing worse for a trader than a situation when you get stuck half or more of your normal risk per day on a day where you know it will dry up after the morning trade.  Now you try to make a little back and most likely you lose a little more and with more fees now stacking up.  At some point you may even lose way more than you would on a busy day just because you got frustrated.

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Breakdown of Divergence Creates Clean ES/NQ Trades

This morning on Twitter and in our member area I spoke about the divergence going on between Biotech & Energy.  Biotech was leading the Nasdaq higher while Energy was the weakest sector in the ES (S&P), keeping the ES at the bottom or middle part of their range.

When we see divergence in sectors, this tends to keep the ES in a range bound scenario until one of the leading divergence markets reverses and works with the other market.  The key for us is to watch our Beacon strategy to see if we get alerts at the same time.  If we get an alert at the same time, that is confirmation that both the NQ and ES are hitting resistance at the same time.  This is the type of trade we will look for because it confirms that they may work together and get away from being divergent.

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Trading Futures During Earnings Season – Trade Setups 7.19.16

This morning we were focusing on the ES, YM, and NQ.  2152 in ES, 18,443 in YM, & 4597 in NQ.  As I have mentioned many times before in my posts, I use bigger picture support and resistance lines for my bias and short term charts to execute those biases.  This morning we had some divergence with the Nasdaq trading the weakest, the Dow trading the strongest, and the ES right in the middle.

Not a surprise to see divergence among the Indices during earnings season.  Typically during earnings season traders can get chopped up because of divergences.  From years of getting myself chopped up in these types of markets I’ve learned to stay small and watch to see how the other markets react when one of the other markets gets stronger or weaker.

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Why You Should Trade More Than One Market – Trade Setups 6.21.16

In this morning’s brief to our traders I discussed the strong possibility of an equities market that remained sideways between our indicator’s 60 minute pink and orange levels (see chart).  ES & NQ were coming up just shy of testing our levels, but the YM (Dow) had reached our pink resistance level, then triggered a short on our strategy.  

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Crude Oil & Nasdaq Long Setups Against The Trend 1.4.15

Great to be back at my screens!  I hope everyone had a wonderful Holiday season.  Wild day to come back to after being off for a bit.  With today’s wild swings it could have easily been a day to get into a lot of trouble, but we were rewarded because we stayed focused and traded within our game plan.

The TradeSetups that had the most confirmation were in Crude Oil and the Nasdaq, so those were the TradeSetups I called out.  In today’s video I walk you through those TradeSetups and I discuss the importance of focusing on the mental side of trading for the new year.  Please watch the quick video below.

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