Previously I wrote of temporary insanity in a market.
At the time I used the USDJPY FOREX pair as an example.
Had I waited two days to write that article, I would have had another, perhaps even better, example of temporary insanity in a market. I am referring to the E-Mini S&P futures contract.
Many years ago I attended law school for one year. Never really wanted to be lawyer, but had been told by many that first year law school was as good as an MBA for a person interested in pursuing a career in private business. So I opted for the first year law school approach, even […]
I have not been well the last several days. That usually keeps me relatively quiet, and I am sure that is just fine with many – certainly including my dear wife. But I am feeling better now, so it’s time to “let ‘er rip”!
I was born and raised in the country. Common sense was […]
The chart shown in Figure 1 is the E-mini plotted at 20,000 ticks per bar and covering from January7, 2014 to the present. This period has been pretty good for short term trading – the daily movement in price has been from 40 ticks to more than 80 ticks during this period.
Over the years I have listened to many speeches. Some were really great some, were barely worth the time and some were truly awful. One of the greatest speeches ever, in my opinion (I did not hear it personally) was delivered by the great Albert Einstein. He rose after his introduction and said, (my recollection) […]
The following trading log depicts my own trading between 7:30 and 12:00 January 13, 2014.
All trades were for the E-mini S&P.
The trades are listed in reverse order with the last trade being at the top of the list.
This trading log is intended to show you how I actually trade as described in […]
Our previous post discussed why fundamentals actually do matter to the short term technical trader. Today I want to discuss the subject of risk – specifically the general risk of all short term trading. What I mean is this. There is a certain risk that the market will move against your position. Further, the potential […]
I am a short term trader technical trader. What I mean by that is that my entire trading method and system is based on technical analysis; with entry and exit are based on technical analysis. However, I readily admit that fundamentals are important in any market – in fact I will readily admit that fundamentals […]
The E-mini is currently trading in near all-time high ranges. This has been a difficult time for my trading method as I rely heavily on past data to locate specific values for short term trading support and resistance.
My trading method depends heavily on these support and resistance values (SRVs) and I can tell you […]
My New Year’s resolution for this year is a bit different; no dieting, no cutting back on the drinking, or cussing – or any other of those normal human faults. Instead I am going to try to become more involved politically – because I fear for the fate of my country.
The following quotation has […]
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Author & Trader
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
Great system – couldn’t trade without it !!Frank YDavid, Panama
“The SRV’s are amazingly accurate”.Tony Texas
the SRV’s are spot on !!Tom CUSA
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
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