Archive for February, 2010

Emini Trading Analysis for Feb 12

Posted on February 12, 2010 by Chuck KowalskiNo Comments

There were 3 trades that I want to highlight today. They are the three shaded areas and provided the best trades.

Filed Under: E-mini Stock Futures

Trade Entry On Retracement After Signal

Posted on February 11, 2010 by Chuck KowalskiNo Comments

I have battled with this one for years and I don’t believe there is still a clear answer.  Is it better to enter a trade on a breakout or do you wait to enter on a pullback or retracement?
When I first started trading, I would enter trades on the actual breakout or at a certain Read More…

Filed Under: My Trade Setups

Trading Failed Breakouts In The Emini

Posted on February 11, 2010 by Chuck KowalskiNo Comments

No trading pattern, strategy or setup will work everytime, especially if you are day trading the emini S&P.  There will be the ineviable failures and sometimes failures even become the norm.  Some traders actually make a good living from simply waiting for trade setups to fail and trading in the opposite direction when the trade busts.   Read More…

Filed Under: My Trade Setups

Emini Sell Setup – 3 Or 4 Pushes Higher

Posted on February 11, 2010 by Chuck KowalskiNo Comments

This is a very high probabilty setup I use to day trade the emini S&P.  I use the 5 minute charts on the emini, but it works across all timeframes and markets. 
The setup consists of three higher highs that form higher peaks.  A trendline is drawn from the highs of the first two peaks and Read More…

Filed Under: My Trade Setups

Trading Emini S&P Futures With Pivot Points

Posted on February 9, 2010 by Chuck KowalskiNo Comments

Pivot points are popular simply because a lot of traders use them.  There are countless ways to trade pivot points with the emini S&P, but like to trade them as support and resistance points. 
I normally only like to fade a move to a pivot when it is the first time it is touched during the Read More…

Filed Under: My Trade Setups

Nasdaq Caught In Channel

Posted on February 9, 2010 by Chuck KowalskiNo Comments

The emini Nasdaq worked its way into a channel today and only time will tell if it will continue moving higher in the cannel or break down out of it.

There was a tough call around 12:30 today when the Nasdaq broke above a major trendline, but it also hit the top of a channel.  The trendline Read More…

Filed Under: E-mini Stock Futures

Emini Trading Analysis for Feb 8

Posted on February 8, 2010 by Chuck KowalskiNo Comments

Monday was a lackluster day after the violent trading from Friday.  The market still looks weak and I have my doubts the low on Friday will hold.  There were a couple good setups that I look for when I trade and I pointed them out on the chart.

Notice how there are several good double top Read More…

Filed Under: E-mini Stock Futures

Market Comments for Feb 5, 2010

Posted on February 6, 2010 by Chuck KowalskiNo Comments

The S&P was hit early in the day as the sell side worked very well.  Around 2:00, the buyers came in as the market become very oversold.  As the market made the 4th push lower at the monthly S1, a rebound was in the making.  As it turns out, the shorts covered positions and buyers Read More…

Filed Under: E-mini Stock Futures