Category Archives: Emini Futures Trading Strategy

Bonus Trade: Buy S&P500 Emini Futures at 2085 for target 2095

Posted on by

Trade Update: 17 August 2015:
S&P500 Emini Futures have hit both our upside targets: 2095 and 2100.
Today’s Range: 2074.95 – 2100.45
10 points profit booked today on 2085 buying from last Thursday.
One more successful trade completed. Thanks to the S&P500 Index.

——————————————————–
Hello Folks, here’s a Bonus Trade for all our website visitors.
Background Notes: The S&P500 showed amazing strength today by recovering nearly 40 points from its day lows to close in green! That’s a lot of work done in one day, and it establishes strong buying interest at 2050-2060 level, which was getting tested regularly for last couple of weeks. Today’s emphatic upmove from deep lows will ensure that 2060 is respected a strong support in the coming days. This creates a long trade opportunity on Thursday (Aug 13, 2015) as follows:

Specific Trading Opportunity: Buy S&P500 Emini Futures (ES) at 2085 for target 2095. This 10 points upside is clearly visible after today’s move. Larger traders can hold some contracts for 2100 also because that is the next target after 2095. These price targets may come by end of Thursday or by end of Friday. As mentioned across our website, we will trade with price targets, even if it means carrying positions overnight.

S&P500 Futures Trading – 20July2015

Posted on by

Hello Friends, good morning! Today is a tricky day, and we need to be careful because 10-20 points downside can open up rapidly below 2026 on S&P500 Index (spot). It is better to initiate new long positions only above 2030 on S&P500 Index (spot). The Emini Futures Trading Strategy for this week is to buy on dips near 2110 for higher levels of 2120-2130 on on S&P500 Index (spot). The absolute stop loss on long trades is 2100 on S&P500 Index (spot).

S&P500 Becomes a Buy today at 2076

Posted on by

The S&P500 index has given a fresh Buy Signal today with a closing at 2076 (spot). The immediate reliable target is 2100 (spot), with a stop loss of 2067 (spot) on closing basis. This target should come within July. So this presents an opportunity to make 20-25 points on the Emini Futures this month. We are sharing this trade as a bonus for our regular website visitors.

Traders Please Note: It pays to trade the S&P500 Emini Futures with S&P500 spot price levels because the long term charts are available for S&P500 index, even though the S&P500 Emini Futures maybe trading at a discount or premium. Its true that Emini Futures tend to have a larger daily high-low band because of gap ups and gap downs, and pre-market trading which tend to extrapolate trends from other markets.

Trading with S&P500 Emini Index (spot prices) will help us keep our sanity over long term, even if we miss a few points here and there. Always watch the S&P500 index level to see daily, weekly closing.

S&P500 needs to close above 2055 for upmove

Posted on by

Lots of whipsaws have been taking place in the S&P500 (SPX). There is enough fear on the trading floor thinking “what if” the US Fed begins to sound more hawkish than ever before in the context of interest rate hike. However, our view is that US Fed will be “patient” in any interest rate hike. The current market volatility of gap ups and gap downs is to be expected till the Fed’s notes are in the open. Technically, the S&P500 (SPX) needs to stay and close above 2055 for upmove to play out with a target of 2150, a new lifetime high. This will have to coincide with a dovish Fed stance.

sp500-chart-2068-17mar2015

#ratehike  #usfed #dowjones #nasdaq

SP500 Emini Futures Trading – 16Oct2014

Posted on by

October 16, 2014, New York City: The S&P500 index has been currently up for the last few days and it has corrected more than 100 points through the last 5 sessions. There is a reversal trade on the upside getting ready and the action of the index on October 15, which is yesterday, indicates that buyers are stepping in to buy at around 1850 and we had a very good pull back at the lower levels. So this could have been a combination of short coverings as well as fresh buying. However given the amount of fall that we had, there will still be sufficient short position in the system, so there is at least 50 points on the upside, as soon as the index starts moving up. A suitable Emini Futures (ES) trading strategy will be, to buy the S&P500 index above 1875, and hold it for at least to 1925 or 50 points of gains. The stop for this trade would be at around 1855. We can buy at 1875, keep a stop at 1855 and aim for 1925. In fact the traders who can trade with multiple contracts, can keep certain number of contracts to release at even higher levels like 1950, because if the reversal comes in properly, we can see 1950. But 1925 is a high probability, once 1875 is crossed. That’s a trade we should definitely take. It will be the most suitable trade for the October month.