Refer to yesterday’s video watch list for setups going forward this week. Since there isn’t much to talk about today I thought I would share a trading video of Paul Tudor Jones. It’s hosted on a Chinese website, but the video is in English. Paul Tudor Jones Video Enjoy!
If you currently trade stock and options you’ve probably pondered the idea of futures trading. I’ve outlined the basics in my post How Futures Work over at EminiMind. One advantage to trading futures over stock and options is the ease of entry and exit. The futures markets are extremely liquid meaning there are a lot of buyers and sellers at all times making producing tight spreads, quality fills, and less slippage. If you’re considering trading futures, you may be interested…
We’re looking for a rally to 1390, however before we do so we may pullback into the next daily halfway back setup.
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…