Good evening junkies, welcome to eminijunkie.com, your ES training free training video for
Tuesday, June 15, 2010.
Today we have a total 4 executable trades signals for max potential of 12 ES ticks. This video is
for educational purposes only as intended to high light or high probably trade cells give for the
quantity of trades taken each training day used as an approach. A full trading plan, a daily life
training room can be access for our website at eminijunkie.com.
Okay, we opened up this morning at 1093 we were moving to the down side, we actually got a
signal to get short. The play and the direction of the half gap, we did have a viable gap trade this
morning. Unfortunately for us we did not even get our first contract of came down and ended up
touching our first contract level but we did not have, we were not able to get that contract off.
Ended up getting stop for a full 14 ticks on that first trade, moved up to the globe X high pull
back to the towards the living average act, got to have actually long that produce targets 1 and
targets 2 to the upside for 7 ticks and then we came in to our 10 o’clock news trade. Now we
came coming down right down the news trade, we have to wait for the news time clear and we
got full swing pull back and an opportunity to get short. That did produced targets 1 and targets 2
for 10 ticks to the downside as we went back and traded towards our opening price there right
after that news came out. and then you can see we kind of just traded the sideways there on that
opening price and then we had a cross back to the upside and an opportunity to get long, that did
end up producing targets 1 and targets 2 to the upside for 9 additional ticks like there around
10:30 this morning. And the market continue to trade higher, now there was an opportunity to get
into a longer term trade and hold for the day and we had some traders do that as the market pull
back to support area that we have a longer term time chart. But as far as the trading system, we
didn’t have anything else set up after 11:30. 11:30 to 1:15 that is our lunch time dead zone. You
can see the red arrow in the chart that is an area we do not initiate any new trades. There was a
set up that happened right about 1:10, again there wasn’t any opportunity for us, we wait until
1:15 to the trade was already working by the time we got back from lunch and the market just
continue to hire for the remainder of the day.
So basically it was just 4 trades this morning for 12 ES ticks. I want to thank you for watching
and for more details on this plan including all the chart set ups or to join our live training video
news letter, please visit eminijunkie.com or simply click the link at the top of the screen. Thanks
and make it a great day.