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
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Commodities and Futures Analysis by Chuck Kowalski
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
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
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
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
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
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
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
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