Emini Forecast Blog

For last week - lets go to the video:

http://www.videosharesite.info/emini/emini062809.html

On to this week: If we cross over 931 / look to go short;  If we go under 884 /  look to go long…

If we cross over 932 / look to go short;  If we go under 899 /  look to go long… 

No qualifying set ups last week…

Instructions last week were to play the opposite sides of 922 and 952.  On Monday we dipped below and ran up from there.  Yes - this was a more aggressive trade because we did not go well below 922, but it was still a valid signal.  I took it to the Red bar 15 minutes for closing on the same day and got out with a great way to finish the week.

If  you missed that one,  you still should have cashed on the crossdown on Thursday.  Fantastic trade!

On to this weeks forecast.  If we cross above 953, play short… If we cross below 922, play long…

Look for either the cross over of 952 and play the short side - or look for the cross below 922 and play the long side..

On Sunday I posted to watch for a high of 928 and play the short side on the cross down..  We crossed back down on Wednesday around 11:00 and cashed out on the big green bar 4 hours later.  Actually I am now using trailing stops for most of my trades - so after I enter short, I was able to “set it and forget it”..

Back from a nice holiday vacation.. 

Look for some good swings this week..  Markets don’t like what is going on in Korea!

Forecast is out for the week.  High is forecasted to be 928.  If we cross above I will play short.  Low is forecasted to be 880 for the week.  If we cross below then I will play the cross over to the upside..

Check back for updates!

I hope you all did as well as I and others did this week.   If you checked out my entry on Monday there was no reason not to have.

On Monday I posted, if we cross 917, look to play short.   When did we cross OVER 917? Yesterday about mid-day..  When did we cross back below 917?  About an hour later. 

How much did I make?  Just shy of 30 points in about 24 hours times multiple contracts..   If you did not make any money off this PERFECT setup that was laid out for you 2 days ahead of time then you really are not trying at all.

As for me, my trading week is over and I get to start my Memorial Day weekend early.. God Bless this country!

First a recap of last week..  Perfect set up on Wednesday.  On Sunday we posted to look for a cross below of 880 and play the upside.  That is exactly where the marker bottomed out on Wednesday mid- day.  From there we road that position until 2:00 on Thursday with the painting of the 2 red bars.  Yes - the market came back and gave us a few more points, but at that time I was already counting my profit for the week and I was done!

For this week, if we cross above 917 we will look to go short.  If we cross below 878, we will look to go long.

Have a great and profit-able week!

Forecast is out..  Looking for a high this week of 928. If we cross then we play the short side…  Low of 880. If we go below, then we will play the long side when we cross back above..

Interesting week last week.  Check back later in the week as we review.. 

Have a great week!

Sorry for the delay in getting this out, but we can now watch a setup in progress.

Forecast came out last night and shows high for the week 898 and low of 880.  We have now crossed the high of 898;  So we are going to look to play the down side. 

We are now (2:30 central time), crossing below the 898.  We had 2 red bars of the high and are looking for the set up.  I am now in my short position.  My stop is set 899. I want to give it some room as our secondary line does show up an uptick in the morning.   

Will update later in the week..