Emini Day Trading Blog

Hi! I’m back. The main website has been under attack for some while. I think we’ve solved the problem now.

No new trades today. I usually don’t trade on Fed days.

Just one trade today;. I didn’t have a good way to get in on the big up move, so waited until it ht the 62% retrace of the multi-day down move and went short at 12662. The target was 62% of today’s up move. I got out slight before the target at 12641. See Today’s Results

Two trades today. The first was a retrace to 2 fib levels. Price could not close above these levels and the bars had long tails. First Entry

The second was another fib retrace that didn’t quite make the target. Got out after too large a pullback. Second Entry

See Today’s Results

Two trades today; one loser( a fib retrace that hit my stop) and one winner.

Two trades. Both were fib retraces; the first was unconfimed, the second was a Dr Jeff trade.

One breakeven trade today.

Two small trades; a breakout followed by a retrace to 38%. The big moves came after I was finished trading. See Today’s Results

Two trades today. The first was a short after news and a retrace to 62% and pullback. Exit after price hit prior low. First Entry (Check out the new charting software…)

The second was a counter trend trade after the big up move hit 12700. I entered with a limit order at 12700. The target s the 38% retrace. See Today’s Results

Two trades today. The first was a breakout with a conservative target of 1.6 of the move. First Entry

The second was a counter trend trade after bounce from 62% of yesterday and the 10:00 news Second Entry This also had a conservative target of 38% of the move because it was a counter trend tade. See Today’s Results

One trade today. I shorted the news driven down move after it retraced to 62%. The target was the 100% fib expansion. See Today’s Results