Emini Futures Trading- Performance Summary Aug2017

Hello Folks, here is the Performance Summary for Aug 2017. We usually don’t publish trade wise details but August 2017 was particularly unique in how the trading results were different for two different trading styles, so we wanted to share them as an example, which can help all traders learn from our experience, and become better traders.

We have two types of trades.
(a) General Trades – suitable for all traders including those with just 1-2 contracts, and we measure our monthly performance on these trades. Only one trade is on at a give time.
(b) Optional/Tactical Trades Рmeant for larger traders with 5-10 or more contracts who can buy/sell 1-2 contracts at multiple market levels and exit them with 10-15 points gain. Multiple trades can be on at a give time. These are less reliable set ups, so the chances of getting hit with 10 point stop loss is 50-50 in many cases,  but we have learned from experience that such trades can be profitable in a volatile market and also in a market that is reversing after testing supports. Continue reading

Emini Futures Trading Update- 09Dec2016

Hello Folks, the S&P500 Emini futures are currently at 2254. The futures have moved from low of 1980 to 2250 this week – that’s 70 points in a week, a very good upmove indeed!

Different traders should have been able to capture different number of points based on the trading strategy recommended to them, but everybody should have made some profit in this upmove.

For example, Small traders with 1-2 contracts were asked to buy the futures at 2234 for target 2247 with stop 2226, and that trade completed within 24 hours, giving 13 points gain. Large traders with 5-10 contracts should have started long positions automatically above 2200 for target 2234 with 2180 as Stop Loss, getting at least 30-35 points gain per contract between 2200 and 2247.

In fact, a similar long trade was suggested as a Bonus Trade on Nov 22, 2016 and hence available to all our website visitors for free. Please see the previous post titled: S&P500 Emini Futures Hit 2200 Today!
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Nov 22, 2016 Bonus Trade: Traders can remain long above 2200 for target 2220-2230 and 2190 as stop loss.
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What happens next? After 70 point non-stop upmove, there can be some pause or profit booking. The Technical target for this upmove is 2260, which is just 6 points away from current price of 2254. For us, there is no new trade currently. There is a sell signal on the hourly charts with potential target of 2232, which could come next week after the US Fed Meeting updates on Interest Rate policy, when markets will try to adjust to the news and volatility can come back. So we will wait and watch for the next opportunity.Thanks.

Bonus Trade: Buy Emini Futures for 40-50 points upside

Bonus Trade update 06-Jan-2016: Please note the following.
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If 1980 stop is hit, then buy back your futures when 1985 is crossed on the upside, with Stop at 1980 once again. In any case, you must have futures long above 1993 (i.e, above 2000 on S&P500 index)
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Date: 04-Jan-2015
Hello Folks, the buy signal is visible now. The futures are at 1993 currently. Here is our bonus trade of Jan 2016, for all regular visitors of our website.
Bonus Trade#1: Jan 2016
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Buy at: 1993
Target: 2043
Stop: 1980
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Traders can also take profit at 2013 and 2023, so that they can buy back again at lower levels, within the above trading range. The S&P500 index and futures have recovered very nicely from day lows, and are showing buying strength. The and risk-reward for a long trade is favorable at current levels, as good as it can get. Thanks.

S&P500 needs to close above 2055 for upmove

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