Teach Talk Trade S&P Futures E-mini Day Trading & Technical Analysis

The S&P E Mini Futures contract closed up today.

The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.  We had a great morning and were done by 10:05 am today with 3 nice trades!  Ben was on the hill speaking and volume and price action tends to wain when someone is testifying so we took a break at 11:15 till 1:30 where some will come back to trade but most were done for the day!

Today the record was 3-0 in called trades. Trading 3 contracts, one would have had a profit of
$787.00 following the trade management.

Trend Trades - 0-0
Scale in Trades - 0-0
Counter Trend Trades - 3-0

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (382)

The S&P E Mini Futures contract closed up today.  The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.  What a wild start to the day at 7:30am we had 4 rapid fire trades, 1 on the ES and 3 on the EC.  By 7:40 we were 3-1 with $525.00 profit and a couple of traders are done for the day!

Today the record was 7-3 in called trades. Trading 3 contracts, one would have had a profit of
$200.00 following the trade management.

Trend Trades - 2-2
Scale in Trades - 1-0
Counter Trend Trades - 4-1

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (274)

The S&P E Mini Futures contract closed down today.  The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.  Today we had a great day again, one could have been done after the first 2 trades at 10am with a profit of $750.00.  I was suggesting that traders who stepped up to the plate and took those trades be done for the day.

Today the record was 7-3 in called trades. Trading 3 contracts, one would have had a profit of
$837.00 following the trade management.

Trend Trades - 2-2
Scale in Trades - 1-0
Counter Trend Trades - 4-1

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (266)

The S&P E Mini Futures contract closed down today. It appears that we are in the midst of the correction so badly needed.The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.  It proved to be a slow day overall and the U.S. Open probably had something to do with it as it was on national tv and did not get over till 1:30 or so.

Today the record was 4-1-2 in called trades. Trading 3 contracts, one would have had a profit of
$75.00 following the trade management.

Trend Trades - 2-0-2
Scale in Trades - 0-0
Counter Trend Trades - 2-1

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (280)

The S&P E Mini Futures contract closed up today. The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.  We were done trading today at 2:12pm and very happy to leave.  We have been trading the EC ( currency futures ) along with the ES as the price action has been better than the ES lately.  The volume has been very low for the ES in the past few months.

Today the record was 7-2 in called trades. Trading 3 contracts, one would have had a profit of
$500.00 following the trade management.

Trend Trades - 2-0
Scale in Trades - 0-1
Counter Trend Trades - 5-1

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (521)

The S&P E Mini Futures contract closed up today. We were 5-0 at 10:00 am and one could have been done for the day.  We took a break at 11:30-1:25 pm and took a trade at 1:30 so we were 6-0 and done for the day!

Today the record was 5-1 in called trades. Trading 3 contracts, one would have had a profit of
$750.00 following the trade management.

Trend Trades - 2-0
Scale in Trades - 1-0
Counter Trend Trades - 3-0

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (305)

The S&P E Mini Futures contract closed down today. We had a tough day becuase of the price action and low volume all day.  Our first trade was a winner but then the next two were losers thus we had to dig ourself out of a hole from the start.  One needs to stay disciplined and not veer off the trading plan and strategies in these times, which we did not do. The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.

Today the record was 5-4 in called trades. Trading 3 contracts, one would have had a profit of
$37.50 following the trade management.

Trend Trades - 2-2
Scale in Trades - 1-0
Counter Trend Trades - 2-2

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (721)

Lets take a look at trading the EC currency futures.  You will find a live trade in today’s short video below.

 Also take a look at this link where I discuss when to be done trading and a live trade yesterday.  http://www.teachtalktrade.com/charts/061209ecmorning.html

Today the record was 7-0-1 in called trades. Trading 3 contracts, one would have had a profit of
$1,037.00 following the trade management.  A trader could have been done trading at 9AM with a 4-0 record today

Trend Trades - 1-0
Scale in Trades - 0-0
Counter Trend Trades - 3-0

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (415)

The S&P E Mini Futures contract closed down today. The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.

We had another great morning and were done by 11:25 AM!  We had 3 ES trades and 2 EC trades to lock in the gains for the morning.  No need to trade in the afternoon, so we enjoyed ourselfs for the rest of the day.  I did come back a while and was in SIM mode for the rest of the day to teach members different set ups.

Today the record was 5-1 in called trades. Trading 3 contracts, one would have had a profit of
$912.00 following the trade management.

Trend Trades - 2-0
Scale in Trades - 0-0
Counter Trend Trades - 2-1

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (348)

The S&P E Mini Futures contract closed flat again . We are consolidating in the 950 area and in my opinion overbought and we are due for a correction. The markets posted supply and demand pictures that imply a turn or at least a pause while it ponders the situation.

Today the record was 5-3 in called trades. Trading 3 contracts, one would have had a profit of
$275.00 following the trade management.

Trend Trades - 2-1
Scale in Trades - 0-0
Counter Trend Trades - 3-2

Join us in the Day Trading Room where you learn risk and money management which is the key to profitable trading.

I have a tradestation add on indicator package that we use in the room “Uncle Mike’s Trade Assistant” , check it out, it will improve your trading.

Uncle Mike

 

 Day Trading the S&P Emini & Currency Futures: Play Now | Play in Popup | Download (410)