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Eminis

Adjusted chart for EminisStill an ascending wedge running out of steam, but I wanted to chart it again just to see what a more conservative date for the point of failure might be. Overnight borrow rates are utterly mental. The real estate market is teetering on catastrophe. Delta is laying waste to conspiracy theorists in the Bible Belt and Midwest. Supply chains will once again be threatened. The Colorado R is drying up. Climate change is starting to real beat the crap out of agriculture. It's gotten so bad that winemakers in Napa can't get insurance. And it's fire season. Get ready for a bumpy ride into the fall.
CME_MINI:ES1!Short
by Incogniteaux
Winning Daytraders Understand Trend Trading.Hey guys, most people that get into the markets want to learn how to daytrade. They want to learn how to play the market on a day to day basis and eliminate a lot of the stress. Smart day traders understand trend trading. At the end of the day if you are trading something like a 15 minute time frame you're aware of how much noise their is in the markets. You need to eliminate the noise and focus on trend. Stop trying to scalp every little move getting in and out and racking up your fees. What we do is identify some of the largest trends that we can find... the more noise you filter out, the better your odds are at winning. Then we just follow up with good risk management. Take a look at the ema dots indicator. This takes out the complicated noise that most traders battle back and forth all day long either selling too early or buying too late. You need to stop focusing on trying to capture the exact bottom and the exact top. Just focus on capturing the overall trend transitions. Every 15 minutes for example on this chart of the ES futures CONTRACTS we will get a set of dots to close a certain color. We take our position when they align and set a take profit, or hold till next transition. Easy. You risk a little to win big, meaning you play good risk management knowing that the next major move is right around the corner. Technically you don't really need to understand support and Resistance but it does help. I personally believe trading the trend is the way to the gold mine.
CME_MINI:ES1!Education
by UnknownUnicorn2319099
1
RUSSELL 2000 INDEX BEAR FLAG SHORTBear Flags are Channel Ranges and they are repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend (Short). Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
CME_MINI:RTY1!Short
by Tradingstrategyguides
S&P 500 E-MINI FUTURES BEAR FLAG SHORT TRADEBear Flags are a Range pattern which is a repeatable trading chart patterns. Bear Flag chart patterns will have a directional bias depending on the previous incoming trend (short trade). Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of average volume for a full position size. b - If 75% of average volume then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
CME_MINI:ES1!Short
by Tradingstrategyguides
3200 was a bull trap, do we retest 2950?3200 and the H&S up there looks like a massive bull trap. YTD it is still a HUGE volume spike. 3100-3110 looks like ANOTHER bull trap. We failed new ATH....the biggest volume spike is down around 2850...pretty darn close to the OPEX max pain, FWIW. I covered and re shorted at 3150....I'm of the mind that we retest 2850...maybe not this week, but soon enough. Remeber. There is no vaccine. There is no cure, and the hot weather does nothing. Then silently in the background econ activity will settle at 80-85% of what it was before. Jobless numbers will stay above 15M unemployed for more than 1 quarter, likely 2... But yeah liquidity will save us? Return on invested capital is going lower, liquidity does not solve that, b/c it is a SOLVENCY issue. The bubble has a hole in it, air is leaking out...when it really pops, it will be too late.
CME_MINI:ES1!Short
by stowstpheonix
💰 +$3,125 Profit In 10 Mins! (ES)🥇 I get a lot of people ask me, "Can I use your strategy and indicators on lower timeframes?" Absolutely YOU CAN! 👍 I want to walk you through how I capitalized on big gains before the market open on the emini futures contract. One of my big main focus as of lately has been on quick scalping in the futures market. Getting on the right side of the trade get a couple points and exit, call it a day. Quick good money if you can get the right setup. So all night I was watching the futures market and watching the strong rebound the emini was having. That bounce was giving me confirmation to look for a breakout at the previous turning point of 3111.00 . I used that as resistance and was watching the 1 hour timeframe. About an hour before market open I had my eyes on that price ticker getting a feel for how she was operating. I had all green on the crossover strategy and the ema dots were lined up green. I knew that on this timeframe the bulls were in my favor. I scaled down to the 5 min timeframe and once I saw that breach 3111.00 I market bought into 3112.00 i knew that it was a good position by how volume was driving the buys as the ticker kept pushing up. I started getting a little hesitation on the smaller timeframes at 3118.25 so I took the scalp and closed the long for 6.25 Points on 10 contracts! If you have the capital and can play the strategy on key breakouts than you can capitalize huge on quick moves in the futures market. Each tick represents $12.50 and 4 ticks makes one point per contract. Even with just one contract and a smaller account you can kill it in the emini by just scalping and using tight stoploss. If you look at the chart it did run up higher but we are just looking for quick scalps on the lower timeframes. Get in and get out, take profit, relax and call it a day. 😁 Just wanted to share with you how I took my trade on the emini this morning on a breakout trade. You can see the trade result on my twitter page. I hope you all have an awesome day! Take care. 😁 🥇MLT | MAJOR LEAGUE TRADER
CME_MINI:ES1!
by UnknownUnicorn2319099
6
Trust the range bar and 9 and 20 day EMAAlways keep things simple. As you can see here with the 50 range bar chart for e-mini futures, when the 9 day EMA (green) crosses above the 20 day EMA(red), price direction is clearly defined. Using range bars gets rid of a lot of the noise associated with time-based charts, and keeps other time frames from invalidating your ideas making you miss out on good trading opportunities. As of now, if the 9 day can cross the 20 and hold we will see a good opportunity to open a long position.
CME_MINI:ESM2020Long
by Deep_Fucking_DeFi
AUDJPY: (Still) best SPX macro correlation Wide Aussie - JGB yield spreads in the 2000’s leading up to ‘08 crisis made Aussie dollar / JP yen the go-to levered carry trade used to fuel the US housing CDO bubble (with subsequent bubble burst → mass unwind which strengthened jpy to 70 vs USD). Post crisis era saw the AUDJPY carry trade out back on. 2016- BOJ implements YCC, pinning 10y JGB yields at ~0%, which made Aussie yields the moving variable- AUD became a gauge of macro risk sentiment as carry trades funded risk assets, including NKY & SPX. In the wake of the global slowdown (starting pre COVID), with Australia facing the end of it’s 3 decades without recession, the RBA has since slashed Aussie cash rates to record lows and then moved to implement YCC itself, making RBA the second developed market central bank to do so after BOJ. AUDJPY remains a favorite fx pair among japan margined retail traders, who are more bullish US equities vs domestic NKY. Japan retail is the “glue” between AUDJPY & SPX (eminis) & NKY (NKY mini futures- which now exceed standard NKY index futures in notional traded value)- when japan retail goes risk-on, AUDJPY & equities rise. When they unwind on margin calls, AUDJPY falls alongside index futures liquidation. With other major FX pairs (namely USDJPY) as well as cross asset UST yields, gold, copper, oil, even VIX no longer having any consistent correlation to SPX, AUDJPY is the one macro asset indicator left with positive correlation. And now that US rates have been cut from above → below Aussie rates with Fed Funds pinned at zero for the foreseeable decade+ and UST 2s approaching zero quickly, the RBA policy meetings are the “new” FOMC with respect to central bank short term SPX influence.
by acrossthespread
ES / S&P500 to Retrace from virus effects...Technically, the S&P500 (and its corresponding /ES futures) are bearishly divergent iin the MACD in fractal time frames of 1h, 4h, and evenn Daily charts. Shown here is the 4h chart of /ES and it gapped down in Asian opening hours after a lond weekend holiday. This appears to be a Gap and Run scenario, at least at this point of time. This move appears to have been triggered by Apple's warning of missing sales. The retracement is firmed upon breaking down of 3370, a bounce off 3350, and looking for support bout 3290. The DJI and NASDAQ should similarly follow. Heads up...
CME_MINI:ES1!Short
by Auguraltrader