Emini Trading Strategies - How To Adjust Your Trading Plan

Emini Trading Strategies - How To Adjust Your Trading Plan For more Emini trading strategies visit http://daytradervideo.com One of the most important Emini trading strategies that you can use in your trading on a daily basis is the ability to adjust to the market. We've actually gone over that in quite extensive detail in the last playlist that I created. Remember a couple of quick things about this though. Your ability to first of all identify the market environment won't happen overnight. In fact it might take months to actually begin getting a good feel of the market environment at hand. But trust me when I say that all the hard work and effort you put into getting to know this will be well worth it. You will not regret it. It is one of the single most important skills that you can learn as a trader. But it's only half the battle. The second half is adjusting to that market environment and planning out what the best adjustments are to make. So, with that in mind let's take a look at today's trading as it falls perfectly into what we've been studying in the last playlist. First off we want to take a look at the pre-market so that we can formulate what our Emini trading strategies will be right out of the gate. If you notice we are between a strong area of support and a strong area of resistance. So, in essence we are moving sideways. As a result of that we want to make sure that the 1st setup of the day is very clear cut and attractive. Immediately we had a good run up and a long setup. Unfortunately it just didn't work in our favor. One thing to notice though is that we have a trend line support and we are overrunning longs before they work. So, when we get another long setup the plan is to take it as close to the MB as possible. Which I do in the next two trades. The exit plan is to exit at the strong area which has already changed direction of the market a few times. With those adjustments I managed to score two wins. We finally get a breakout and close to quitting time I see a great long setup. After all we want to take all longs since the market has been all up. It winds up working to two points. I hope you see the value in adjusting. Until next time .. good luck!

Comments

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2. what bollingerband setup you using?
3. I agree with you somewhat, but for the most part people self sabotage themselves. With that being said you can still play their game and win money. As for writing a book, I can't write worth a s@#%!
4. Unfortunately, its the Institutions, and Hedge funds, calling the shots. If you can figure them out, please write a book. They seem to cycle in and out of areas. Brooks