Front Runner Template Five Point Swings
This is August 18, 2015 and a short video on five point swings using our Front Runner Template, which is available in our Futures Trading Room.
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This is August 18, 2015 and a short video on five point swings using our Front Runner Template, which is available in our Futures Trading Room.
There is a lot of buzz about the IMF Granting China Reserve Currency Status at their October 20th meeting. this could adversely affect the strength of the U. S. Dollar and the U. S. Dollar. I suggest you follow Jim Rickards blog to keep up with this assertion. If you do not know Jim Rickards, he is the asymmetric threats guy who works for the CIA and our government and has written “Currency Wars” and “The Death of Money”, two excellent books I highly recommend you read.
I have spent years watching the Depth of the Market (DOM) on my brokers platform. There are normally 20,000 contract limits and stops indicated there for the eMini S&P and it moves like the wind. There are literally hundreds spoofed orders put up and removed by large players in an attempt to push or pull the market one direction or another. I was always curious as to how I could use the DOM to get an edge. See the charts below:
My little trip to get my left rotor cuff repaired became a big debacle. Two weeks after the shoulder healed it became infected with the bacteria that causes acne in teenagers. Long story short, I had five (5) more shoulder operations to clean out the infection, eight weeks of IV antibiotics and I lost 20 pounds.
DAY TRADING involves high risks and YOU CAN LOSE a lot of money. Commission rule 4.41(c)(1) applies to "any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature…."commission rule 4.41(b) prohibits any person from presenting the performance of any simulated or hypothetical futures account or futures interest of a CTA, unless the presentation is accompanied by a disclosure statement. The statement describes the limitations of simulated or hypothetical futures trading as a guide to the performance that a CTA is likely to achieve in actual trading. Commission rule 4.41(b)(1)(i) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.