How to trade a big bear breakout that is failing, posted 6:51 a.m. Yesterday was a big bear trend day. Today opened at yesterday’s high. There is the possibility that today could be a big bull trend day. This is a type of reversal pattern. There is a big bear day, and then a big […]
How to trade a big bear breakout
Brexit sell climax intraday trading techniques
Intraday market update: June 27, 2016
Brexit sell climax intraday trading techniques article, posted 7:05 a.m. While the Emini opened with a gap below Friday’s low, and the gap might stay open for years, that is unlikely. It broke below the 15 minute bear channel. In general, there would be a 75% chance of a reversal up withing 5 bars on […]
Ask Al: Trading leverage
Trading leverage or margin needed BPA trading room Q&A: May 7, 2015 How much trading leverage do you use? For example, say the minimum initial margin on the Emini is $2,500 per contract, how much capital would you actually commit to trading this one contract? Video duration: 5min 5sec You can also view this video […]
Emini weekend update: June 25, 2016:
Online trading after the Brexit stock market crash
Monthly S&P500 Emini futures candlestick chart: Online trading after the Brexit stock market crash The monthly S&P500 Emini futures candlestick chart is forming a sell signal bar and a micro double top with the April high. Online trading after the Brexit stock market crash will be tricky until the charts provide more information. Friday’s big […]
Day trading the Brexit market crash
Intraday market update: June 24, 2016
Posted 6:46 a.m. Today opened with a big gap down, but it quickly traded back above the June 16 low. It will probably retrace 50% of the Globex range. The Emini is Always In Long. The 1st 3 bars were strong enough to make sideways to up likely for the 1st 2 hours and possibly […]
Day trading volatile price action
Intraday market update: June 23, 2016
Posted 7:01 a.m. Like yesterday, today began will small sideways bars with prominent tails. Limit order bulls and bears made money. This increases the chances for a lot of limit order, trading range price action today. While there will probably be a swing up and down, the odds are that the trend will not be […]
Day trading strategies before a catalyst
Intraday market update: June 22, 2016
Posted 6:53 a.m. Today opened with a continuation of yesterday’s trading range price action. It is giving traders a chance to practice Day trading strategies before a catalyst. Yesterday was a buy signal bar and the Emini is testing its high. Although the odds favor a move above yesterday’s high to trigger the buy, the […]
Bull flag candlestick pattern before Brexit vote
Intraday market update: June 21, 2016
Posted 6:55 a.m. The Emini entered the day with a bull flag candlestick pattern before the Brexit vote. Limit order bulls and bears each made money on each of the 1st 3 bars. This increases the chances of trading range price action today. The Emini opened in the middle of yesterday’s sell climax at the […]
Trading Brexit price action
Intraday market update: June 20, 2016
Posted 6:49 a.m. The Emini had a big gap up and then a couple of bull trend bars. This reduces the chances of a bear trend day. The bears need a strong bear breakout with follow-through, and this is unlikely at the moment. The Emini will probably be mostly sideways to up for the 1st […]
Ask Al: Skunk stops
Skunk stops—taking the middle road BPA trading room Q&A: April 13 & June 9, 2016 Question 1: I sold the 14 close, okay, and scaled in, closed out above 13. [That makes perfect sense. I think that’s reasonable.] I bought the 26 close and scaled in, closed out below 24. [Okay.] Can you comment on […]
