Wednesday, June 30, 2010

Emini Futures Trading / It's Not The End Of The World - I Repeat...

(SDS)(GLD)(QQQQ)(DIA)(SPY)



"And whatever you ask for in prayer, having faith and believing, you will receive"
(Matthew 21:22, AMP)



Faith is the action that comes
from believing the promises of God really are true.


Daniels Trading Webinar - Thursday 2:30 PM CST
Capture the Move with Burton Schlichter!  

Trade Stalker Daily Results 
The early dip held 1 tick over the 1033.00-1032.50 initial support and the ES then bounced to 1043.75, 1 tick under the 1044.00-1044.50 resistance zone. We were then shorting under 1042 updated resistance and a bounce to 1041.75 stalled and reversed and then the 1036-1035 support was tested. A bounce again failed at updated resistance at the 1038.50-1039.00 zone, and when the 1036-1035 area broke it opened the spigot as the ES fell to 1023.00 by the close.

At TradeStalker.com we offer a unique insight to the market that only 27 years of experience can provide. Put us in your corner beginning tonight. Click Here or call us at 260-750-2447


Emini Trading Strategies w/ David Marsh

Futures Day Trading: Emini One and Done!
Great start to the trading week with a One and Done coming out of No Zone. Of course, this is a
high probability trade! We’ve been focusing on these trades frequently on the blog as we get request after request for more charts!


Day Trading is a SKILL ! Trading the emini markets is definitely a great business. Regardless of how good the system you trade is, YOU must be the one that has the ability to follow the rules!

Day Trading other Futures Markets with ProIndicatorV2
As per several email requests, we’ve went ahead and recorded live day trading on the Nasdaq Emini Futures Market! I did these 3 videos just under a week ago, just had a chance to post them up. Now we are not selling a Nasdaq Emini course! We sell our S&P Emini Course. However, our optional trading software ProIndicatorV2 works very well on other markets! Many students use it on the Nasdaq, Bonds, Dow, and of course the ES! 


So after reading the survey responses we did these videos to show our software working on other markets! Just the other day we posted 4 live videos recorded Thursday and Friday. Folks, we put our money where our mouths are! We show you live trading on a real day trading account! We are the real deal and we prove it all the time. Not trying to be arrogant, however we have a very successful system and a very successful student base.

We try to show you fresh, live content of real trading! Any other sites doing that? Maybe… Don’t know to be honest :) In any event enjoy the videos and the weekend.

Oh and one more thing, be sure to email us if you’d like to see the most recent (Thursday 6/24) Webinar recording. We’ll have that up for about a week.

Futures-Trading
Cheers!
ETS



Home of the "One and Done" Emini Strategy


Weekly Trading Zones / Daily Results

Pray Hard & Trade Safe!
CT
ps/ it's not the end of the world

New Hope Orphanage & Primary School





Christopher & Agnes Lubega



 New Hope Orphanage & Primary School / Kampala Uganda
Just a quick note to all of our friends and family around the world, we have now established a Digital Meeting Place where everyone can share their memories, pictures, projects and fund raising goals.

The team from Grace Covenant Christian Fellowship in Phoenix just returned from a 2 week stay in Africa. They returned tired, but very much ALIVE!

Many of you around the world have become involved in this project and I have not had the opportunity to personally meet or thank you. I encourage you to head over to New Hope Orphanage and drop me an email or simply blog about your own experience.

We've just begun the site so feel free to jump in and help out!

See you there.


Blessings
DeWayne

Tuesday, June 29, 2010

Emini Futures Trading / Midpoint 2010

(GLD)(SPY)(DIA)(QQQQ)(C)

Midpoint 2010
Sometimes you need to find the point that is exactly between two other points.


Technically, the Midpoint Formula is the following:

 


Granted, some folks with no real sense of adventure just looked at the calendar. Whichever approach you took the results are the same. Tomorrow is the last day of the second quarter and the end of the first half of 2010. According to some, how we trade tomorrow defines how the year will end (up or down). Our guest Mike Reed does an uncanny job of tracking some of the more obscure not widely known historical facts about the market and its behavior. We'll be sure to check with him tomorrow to see if he puts any stock in this one or not. 

No Daily Devotional Today
We arrived in studio this morning just as the webinar was beginning. For those of you who tune in more for the Christian than the Financial part of our Radio Network, I do apologize. I've already made peace with the Big Guy and I'm now singing Mea culpa to you for the absence of a daily devotional from today's broadcast. I can't remember the last time it happened so let's just move on... Fair enough?

The Live Trading Session with Michael from StackTrade and Leslie from Daniels Trading was most excellent. Michael has really spoiled us on the days that he brings live charts to the radio broadcast so it would appear that we will either need to work out a deal with him or just launch our own charts in the future.  It certainly adds depth to the live broadcast and makes every tick a teaching moment. For those of you who listen via iTunes or stream the podcast directly from the site here, for the time being your experience will remain one-dimensional. The storage space required to archive 2-3 hours of video 5 days a week will require us to make changes not only to our streaming software but also additional hardware upgrades. As most of you know I will be on Holiday all of next week. We will broadcast the remainder of this week and return to the airwaves on Monday July 12th.



Welcome to our New Listeners!
We saw a surge of traffic and sign-ups today immediately following the Page Trader webinar conducted by David Williams. We want to welcome you to our little corner of the world where you'll find a unique group of eclectic Market Professionals who not only trade for a living, but have also committed their time and resources towards helping you find success in your own Trading Journey. Trading can be a very solitary experience. As a new member of the CFRN Family, you can now wake up each day knowing that don't have to trade alone. Got questions? Need help? Our contact info is all over the site so don't hesitate to drop us a line or pick up the phone. We broadcast LIVE every trading day from 11AM-1PM Eastern.


Page Trader Daily Results
David has been a part of our daily broadcast now for over 4 years. If you like what you heard in today's webby, be sure to tune in right here every trading day for a dose of market insight from the mind of the Master Forecaster himself. He's funny, provocative, highly opinionated and enjoys long walks on the beach. Seriously though, our spirited and esoteric discussions know absolutely no boundaries. From the Manchurian President to Spatial Relationships, tune in and develop your own Spatial Relationship with the the man, the legend, my friend - David Williams.(note: Esoteric knowledge is that which is available only to a narrow circle of "enlightened", "initiated", or specially educated people. Hey, that's now you!)





Trade Stalker Daily Results
In last night's update I stated "the market is wound up kind of tight" and the market unwound on Tuesday's open. The ES opened down 15.50 points, and that was the high of the day, as the market broke key support areas. The 1038 updated support gave a bounce, but from 1037.50 the ES got back to the 1047-1048 updated resistance and that was it for the bounce. Via Instant Message, guidance and updated resistance/ support was given to help the group, per usual. I'll be giving audio updates and market thoughts again on Wednesday.

At TradeStalker.com we offer a unique insight to the market that only 27 years of experience can provide. Put us in your corner beginning tonight. Click Here or call us at 260-750-2447


Weekly Trading Zones Daily Results
The charts don't need a lot of explaining at this point. Yellow rectangles simply highlight the amount of time price consolidated before making its move. The red arrow shows the entry we discussed on how to participate in the hourly road map David gave out live on Monday. We drew a trend line from Friday's low to Monday's low. We said if that trend line was broken followed by a break of the Weekly Trading Zone, that would be a double confirmation that the trade was in progress. Using our humble EMA would have kept you in all the way down from 1064 to 1038. Keep in mind that each candle represents 30 minutes. On the 3rd and final chart below we are still building our Chinese Puzzle off the weekly price channel that began 2 weeks ago. We drew a small trend line Sunday night from Friday's lows to the then current Globex lows on the YM. We said if the trend line broke to look for possible support at the top of the previous channel. The question now of course is "Will it hold?"


Pray Hard & Trade Safe!
CT

Please Visit Our Sponsor

Home of the "One and Done" Emini Strategy

Monday, June 28, 2010

Emini Futures Trading / Join Us For Live Trading

(DIA)(SPY)(SDS)(GLD)(QQQQ)

Live Trading Session  
Join us Tuesday June 29th, 2010 @ 10:30AM EDT 
Market Analysis with Live Charts and Real Trades.
Join Burt, Michael, Leslie, David & CT
Live Charts begin @ 9:30 AM EDT
To access both audio and video Click Here




A heart at peace gives life to the body, but envy rots the bones"
(Proverbs 14:30, NIV)
Scripture offers several reasons to beware of envy. First, envy is not good for you. A mind at peace gives life to the body but envy rots the bones! That is hardly a lyrical statement, but it makes the point. Envy is numbered among the deadly sins because it can kill you. It can kill your joy, your hope, your peace, and your capacity to love. It can kill your faith and the sense of the nearness of Christ. It can kill your will to believe and your motivation to obey. It can kill your sense of fulfillment because, no matter what you do, someone has done more, or done it better, or done it faster, or done it with greater recognition and praise. Left unchecked, envy can kill everything that makes you a 'human' being. Envy rots the bones.
 

 
Weekly Trading Zones
Reminder: Our Weekly Trading Zones are emailed Sunday evening to our Subscribers 
 
 
S&P 500 Emini Futures
1105/1106
1089/1090
1081/1082
1072/1073
1065/1066
1055/1056
1038/1039
 
Dow Emini Futures
10,331
10,210
10,157
10,089
10,036
9,968
9,847

Our Weekly Trading Zones are not predictions. We do not profess to be psychic, we have no access to tea leaves and we most certainly do not have crystal balls. Weekly Trading Zones are simply key decision points where we believe the market will reveal its current internal bias when approached. As the market encounters a Weekly Trading Zone expect 1 of 3 things to happen.
 
#1) Price will reach a point of equilibrium and consolidate
#2) Price will be immediately rejected
#3) Price will cross the Zone establishing a new level of support or resistance
 
Primary Rule
Price will always attempt a move from Zone to Zone

 
Understanding the nature of price action and more importantly what it looks like at these critical points will be the area of study we will undertake this week. If you have specific questions feel free to send an email and we will discuss them during the daily broadcast as well as via email. Keep in mind that the Weekly Trading Zones are exactly that. A Weekly Perspective!They map out the playing field for the next 5 days of trading.
 
Any trading method can be greatly improved by adding accurate support and resistance levels. That's because these levels are not an invention, they are a natural part of the markets. They exist whether you know about them or not. Mike Reed does an excellent job of explaining this both on his website as well as in his eBook "Read the Greed Take the Money". Mike's levels are calculated on a daily as well as an intra-day basis. When you see a daily level line up with a WTZ, the opportunity for a high probability trade to present itself is greatly enhanced.
 
As always,
Pray Hard & Trade Safe!
CT
 
 

 
Visit Our Sponsor

 
Home of the "One and Done" Emini Strategy
 

 

 
 

Another Broadcast Delay



Today's broadcast will begin 1 hour late as I have to see my 8 year old son off to his very first Praise City Church Summer Youth Camp where I have been given full assurance there will be a campfire, hand holding and much "Kumbaya". 

Amen?

See you at 12 Noon EDT.

Blessings
CT

Friday, June 25, 2010

Emini Futures Trading / Stocks End Week Down 2.9% - Gold & Silver Near Record Highs

(GLD)(SDS)(DIA)(QQQQ)(SPY)




"Now the earth was formless and empty, darkness was over the surface of the deep, and the Spirit of God was hovering over the waters." Genesis 1:2 NLT

"First this: God created the Heavens and Earth—all you see, all you don't see. Earth was a soup of nothingness, a bottomless emptiness, an inky blackness. God's Spirit brooded like a bird above the watery abyss." Genesis 1:1-2 The Message


Where is God?

Someone might say, "show me God" - but what if
God is the invisible God, the hidden God?
the invisible 
GodImagine there are two people on a flat piece of paper. These people are two-dimensional, having height and width but no depth; the paper is the extent of their world. Can they see you? No. They can see only what's on the paper (in their world). They have no depth perception. Now pretend you use your finger to touch the paper. Now can they see you? They cannot see all of you, but they can see the tip of your finger, the part that has entered their world. (read more)

 

Mathematical Proof that God Exists

I first began to take the Bible seriously after a personal 6 month study of the topic of creation vs. evolution.  I did this in the year 1998, about 2 years after I graduated from college.  I started the study because I was feeling guilty about the way I was living my life, because of what I knew from the Bible.  I felt I could cast off the guilt if the Bible were not true, and if man evolved.  I actually wanted God to not be there.  But after looking to see if he was there or not, I found Him.(read more)

 

 

How financial overhaul affects your everyday life

US overhaul could push some trading overseas

Silver: Time to Stock Up?

Unlike gold, which remains at or near all-time highs on a weekly basis, silver prices are still 60-70% below their all-time peak.

Weekly Trading Zones / Weekly Review
From the open on Monday and through the rest of the week, being short was the place to be. Have a look at the one indicator we talk about on the show everyday and see if that might not have kept you in the trade for a substantial move. Used as a trailing stop it may have stopped you out on a few occasions but the for the most part it did a great job of telling you which side of the trade to be on. The best things in life are not really things at all. Please touch the art.

Watch the open Sunday to see if we have a new channel forming based on the trend line we drew going into the close. If it breaks on the open watch for potential support at the top of the old channel.

Our Weekly Trading Zones for will be emailed to our members Sunday evening. Sign up today!

Pray Hard & Trade Safe!
CT








Thursday, June 24, 2010

CFRN Returns To The Airwaves / Stack Trade Webinar

The needle in the haystack has been located, properly reprimanded and shipped off to live out the rest of its days in a sweat shop outside of Bejing. We've had a steady stream with no dropped packets for over 8 consecutive hours. In plain English, "It's working".

Given there are no hitches and glitches overnight, we will broadcast live tomorrow beginning @ 10:00AM PDT. Join us for both Live Audio & Video by Clicking Here. Our friend Michael will be opening up his charts and indicators for the entire day so come on and join the fun.

For those of you using TradeStation there were data issues which may or may not have been caused by the same rouge needle.

Weekly Trading Zones Daily Results
Last Thursday we said "Something's cooking". Last Friday we said "Things look a bit Odd." And here we are 7 days later and some 55 points or so down on the ES and about 383 on the Dow.


Pray Hard & Trade Safe
CT


Emini Futures Trading / Broadcast Update

It appears the problem lies within a Tier1 Internet Transit Backbone in Dallas.

Only traffic routed through that particular hub of the internet is being affected. Due to the geographical location of our studio, our signal must pass through the Dallas hub to reach our server.


In plain English "We found the haystack, still looking for the needle."

We'll keep you posted!

Blessings
CT

Wednesday, June 23, 2010

Emini Futures Trading / The Day The Net Broke



We apologize for the inconvenience. The problem lies not within our own network or equipment. It's simply "out there" somewhere and we have been reduced at the moment to a wait and see approach. I have received reports that issues with streaming media far beyond the humble studio's of CFRN are also being affected. Perhaps Sasha and Malia are playing with Daddy's "Kill the Net" switch.

On a brighter note, we had a conversation this morning that allows us to say we are now very close to having our own CFRN iPhone App. How cool is that?

Weekly Trading Zones Daily Results
We have broken the downside WTZ on both the ES and YM, but as of today's close we traded back inside on the YM. Should we close the week outside the zones it will be the 3rd time since we began publishing them. Of particular interest is the new Price Channel that has formed on the YM. You will see it on the last chart posted in this section.


The Video of our Webinar with Mike Reed the TradeStalker is now available (click here)

Pray Hard & Trade Safe!
CT


We Are Experiencing Streaming Issues

The start of today's show will be delayed. Our tech team is working to resolve the issue.

Update 10:38PDT / Network Congestion  Continues - We will return as soon as possible.

Tuesday, June 22, 2010

Emini Futures Trading / Housing Data Tumbles - McChrystal Bumbles - Obama Mumbles

(DIA)(SDS)(QQQQ)(SPY)(GLD)


“I have told you these things so that you will be filled with my joy. Yes, your joy will overflow! This is my commandment: Love each other in the same way I have loved you.”
John 15:11-12 (NLT)




To love one another is to awaken to the awareness that you and your brothers and sisters are one, and that to harm one harms all.  And so your forgiving intensifies, your love grows, and its light shows you the way out of the nightmare and into the joy that overflows...




US general in Afghan war at risk of losing his job 

Judge lifts offshore drilling ban as `overbearing' 

Weekly Trading Zones Daily Results
We came in Sunday night concerned that we were already trading just 2 points shy of our highest weekly upside trading zone. Here we are less than 48 hours later and not only did the topside hold, we've blown out the bottom on the ES and touched bottom on the YM.
Here's another shot of the Epic Price Channel Break, the day after...
  

Trade Stalker Daily Results 

The ES popped up to the 1114.50 initial resistance about 20 minutes into the day, ideal short per the nightly update, and they gave a nice pullback to the 1104.50 level before bouncing back. That bounce was sold, and once the 1105 level broke, it opened up the spigot and the 1092.50-1091.50 zone was tested by 3pm. A bounce off 1093.00 stopped right at the 1098 updated resistance and then fell 8 points to 1090.00. New resistance at 1094.50 was just missed before they rolled over again and was headed for the 1088-1087 area at the close.


Stack Trade Daily Results
 

Pray Hard & Trade Safe!
CT