Archive

Day’s You Should NOT be Trading

Being a trader doesn’t mean you MUST trade every single day. You’ll probably find the bulk of your trades take places on Tuesday, Wednesday, and Thursday and that when you enter your first trade late in the day it tends to not go so well. There is a reason for this. Look to the first 30-min bar of the ES for clues. Below is a list of day’s to watch out for when trading. You’re better off taking the day…

0
Read More

Back in the Saddle Again

Today kicked off a great start to 2011. Typically we don’t see the majority of volume return until after the MJK Jr. holiday, but a good way to gauge the day ahead is to look at the first 30-min bar of the S&P Cash Session (9:30-10:30 AM EST). Over 150,000 contracts traded is a signal of good participation, 200,000+ is great participation and a very liquid market, anything below 150,000 is cautionary and below 100,000 is a no trade day.…

0
Read More
Categories