2 Forex Trades & Another LIVE E-Mini S&P 500 Short Trade at 10:03am ET This Morning

Today I go through two trades on the Forex currencies; the British Pound/US Dollar and the Australian Dollar/Japanese Yen for you to take a look at and learn from. I then walk you through a LIVE E-Mini S&P 500 futures short trade that was put on at 10:03am ET. You will learn exactly why I put on the trade and what my first profit target was and how I trailed down my stop with the remaining quarter of my position. Have a profitable day and I hope this helps you in your own trading.

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Great Short Trade This Morning on AAPL Stock

Today I do something a little different by showing you a fantastic trade to the short side on Apple stock (AAPL). You’ll see that it doesn’t matter what market I’m trading, the same trading principles and strategies apply…with real good success. A chart is a chart is a chart, I don’t care what it is, as long as it has liquidity and there’s volatility, I will go ahead and trade it. The important thing to remember here is that the trading methods you use must be robust enough to work on all markets and all time frames. And those are exactly the type of trading strategies we use here at Trading Concepts. Have a great day and hope this helps you in your trading.

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Check your Calendar! (Spread)

What is a Calendar Spread and why would we use one versus our usual Vertical spreads that build our Iron Condors?

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What’s next for the S&P?

Here are some levels that we need to watch in the short term on the S&P to determine if this will become a daily pullback, or evolve into a Weekly pullback. (which would be deeper)  

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Watch This Short E-Mini Futures Trade This Morning

Since there was a live E-Mini futures trade this morning on the short side right at 10:06am ET I decided to record it for you. I thought you would be able to learn a little something from it so I truly hope this helps you in your own trading. Then I go through a daily chart to show you what I think is setting up on a little larger time frame. Have a profitable day and I hope this helps you.

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Boring times Ahead?

There’s really not much energy left to sustain this current uptrend, although the Monthly chart is still pulling everything behind it. The “children” are tired, however, and we might need to hold up and retrace/rest for a month or so before further upside will be seen.

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E-Mini S&P 500 Futures & Forex Recap & Current Trades

Today I discuss what happened in the market after I finished yesterdays video and exactly what the trades were yesterday after I finished the video. I also go through the major Forex currency pairs and show you what trades are still on and what looks to be setting up, so you can attempt to take advantage of what I’m seeing. I hope this helps you in your own trading.

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Dress those Windows for 1Q!

Looks like we have more window dressing coming this week to fluff up 1Q2012 results; will the ultimate target of SPX 1440 be hit in this swing?

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Watch This LIVE E-Mini S&P 500 Futures Trade

Even though today’s trade right out of the gate was a loser, you can still learn a lot from it. In fact you should learn more from your losing trades than your winners. And just because you lose money on a trade doesn’t mean you did anything wrong, after all it’s a probability game and you’re trying to stack the odds in your favor. As long as you followed your trading rules to the tee pat yourself on the back, you did everything right. Remember, not every trade is going to be a winner and you absolutely have to accept that to be a successful trader. So, learn from your losing trades and move on to the next trade with a smile and positive attitude. Have a great day and hope this helps.

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Time Frames Matter

It’s a pretty rare evening when I don’t take the time to watch Todd’s updates, which I always find valuable. On Friday, using the usual 3-minute futures chart, he noted that the downtrend in evidence in the early going reversed itself when the SPX reached the 38% Fibo retracement on the daily chart. That level is […]

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