Wednesday, May 05, 2010

Emini Futures Trading - Cinco De Mayo, 2010


S&P 500 Emini  Futures

See what I mean? Today was a perfect example of everything I attempted to convey last night. When price approaches a Weekly Zone it can only do one of three things - Respect, Ignore, Consolidate. As you work to build a trading plan, you must decide if you are going to trade your anticipation of the reaction, or the reaction itself. If you trade the anticipation, you must be willing to not only honor your stop, but then execute in the direction that price actually confirms. Trading the reaction itself will create a higher % of winning trades but will often require a larger stop and the trade itself will have less profit potential as you burn points awaiting confirmation. Either approach is viable. Your personality and discipline level should dictate which approach is appropriate for you. The take away here is - Know what you will do before it's time to do it.

Dow Emini Futures

The ES chart above is as always, a 10k contract chart. The Dow chart is showing 30 min candles so that I can squeeze the entire week so far into 1 chart along with what has traded tonight on the Globex session. If you are trading the ES, may I suggest that you still keep your eye on the Dow Weekly Trading Zones intraday to prevent tunnel vision. You may even find that your personality and risk tolerance are better suited for trading the Dow. If so, keep your eye on the ES. The take away here - Never trade in a vacuum.

Thursday May 6, 2010
Capture the Move!

Join us for a Webinar on May 6

Space is limited.
Reserve your Webinar seat now at:

Look over the shoulder of Burton Schlichter, an experienced DT Broker and author of the “Capture the Move"  newsletter which is exclusive to Daniels Trading Clients.  He will use his trading experience to identify opportunities in todays markets and share with you his formula for trading!  Join the others who have “Captured the Move” and allow yourself to become an active trader while still maintaining a busy life.


Capture the Move! A predictive not descriptive look at today's market


Thursday, May 6, 2010


2:30 PM - 3:30 PM CDT

After registering you will receive a confirmation email containing information about joining the Webinar.

Friday May 7, 2010
Stack Trade Live Market Trading
Featuring the Price Action Setup & the NEW $MP_DMT!
Please join us Friday at 9:30 am EST for a 1 hour webinar featuring our indicators in a LIVE market environment!
In this webinar, the developers of Stack Trade will explain how these signals were developed and how they are used to create trade set-ups following the flow of the market and get a sneak preview of our New $MP_DMT Indicator that shows Direction, Momentum and Strength of Trend!  
These proprietary indicators were developed by day-traders for day-traders and have been honed specifically for trading e-mini stock index futures such as the ES.
Participate via live Webcast.
Friday, March 7, 2010 9:30 a.m EST 

REGISTRATION LINK to attend this free web-event.

 Win a FREE month of Stack Trade Indicators and access to the Stack Trade Chat Room
Inviting a friend to the Live Stack Trade Indicator Demonstration Friday May 7th at 9:30AM EST might win you one (1) FREE month of Stack Trade Indicators and access to the Stack Trade Trader’s Chat Room (a $300 value)!
Have your “Guest” send an e-mail to with the subject “Guest” and include in the e-mail your name. You will be entered one chance to win the free month.
Every Guest you invite will increase your chances of winning. All guests MUST attend over 75% of the webinar presentation.
The winner will be notified the following day (Saturday May 8th) and will be mentioned on our website. Please contact with any questions.

Check Us Out On YouTube! 
Stack Trade has combined two separate videos. The first explaining the Price Action video and the second video is a live trade video using the Price Action setup.
Here's the link to access the video

Special Offer! 
Try Our Indicators and Chat Room for One Week Free!
All attendees of the Friday March 7th Stack Trade webinar will receive a one week Free Trial of our indicators and access to the Stack Trade Chat Room where you will be guided through the setups in real time! 
Click the Free Trial link to sign up for your week trial!

Get 2 Extra Days If You Digg It! 
We will offer you an additional 2 free day of indicators and access to the Stack Trade chat room for submitting your feedback to Michael's video located on Digg It.
Click the Video link and follow the simple directions to receive your 2 additional days free.

Pray Hard & Trade Safe!

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