Archive for the My Trade Setups Category

Trading A Trend Day In The Emini

Posted on June 15, 2010 by Chuck KowalskiNo Comments

Trend days can be the best days for some day traders and the absolute worst days for others.  Tuesday was a classic trend day where the market gapped higher and slowly and methodically pushed higher all day. 
I like to use the 20-period exponential moving average on the 5-minute charts to determine the trend.  You can Read More…

Filed Under: E-mini Stock Futures, My Trade Setups

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