'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Friday, April 27, 2012

ES Setup Trade

The market made a tight consolidation today, and made a nice entry setup from this 5-min. chart.

Being patient in finding and waiting for a high probable setup can be a profitable trade.

Like this one!

Monday, April 23, 2012

QQQ (NQ) Short Trade Setup

The market tumble today and made a short quick entry from this 1-min. chart of NQ Futures similar to QQQ etf.

In this kind of market environment, applying quick trade is the only way to take the market offers.

The short entry was at the upper arrow and the cover position is at the lower when it tries to recover.

Friday, April 20, 2012

QQQ and NQ Trade Setup

Showing high probability trade today for the QQQ etf and the NQ Futures.

The market went up in the open but was not able to sustain its momentum

It runs out of gas in the mid day trading, probably traders take their loot before lunch and went on drinking spree early.

The best trade is to put a short position as shown from the arrow while traders went home already.

Exit the trade before the close and enjoy the leftover loot.

That's how in trading, even the big traders are out already you can still capitalize from their leftovers.

Thursday, April 19, 2012

NQ Trade Setup

Early trade in the open can make you a good profit if you can capitalize on the price action.

Showing the 2-min. chart of the etf QQQ similar to the Nasdaq NQ futures the two trades.

Wednesday, April 18, 2012

YM Trade Setup

The market made a choppy move today for it run out of gas from yesterday's breakaway.

And also due to some unfavorable earnings reports from other leading stocks.

Showing here an entry setup for a long trade.

The 3-min. chart here from the YM futures market shows an interesting pattern for a bullish trade.

A mini cup and a handle formation.

The entry is at the lower arrow and just monitor it till you meet your desired profit.

Tuesday, April 17, 2012

The market made a stunning comeback today after weeks of getting pummeled by the bears.

A typical buy in the open and sell in the close is the no-brainer trade today.

Just buy any of the three index below in the futures market and you can close your eyes and make money the whole trading day.

Sometimes the market will give you surprises that you won't have a hard time looking for trades.

It's just right there in front of your screen and just take the money and put it in your wallet.

Easy trading in today's market!



Sunday, April 15, 2012

NQ Trade Setup

Showing some trade setups that were conducted last Friday's trading session.

The entry was at the lower arrow and the exit was at the upper arrow.

Nice breakout from the entry but was short lived.

After that it stays sideways most of the day until it drops late in the close.

The reason for the entry trade is the formation of the two big green bar from the bottom.

Notice that they are almost flat from the low of the day and by reading the price action, you can  put an entry for a long trade.

It formed a failed cup with a handle pattern or a deep saucer pan minus the handle.