WEBINAR DISCUSSION

Today was the live webinar with pic and sound.  We have tried screen share, chat,etc.  The webbie appears better suited for trading. Tomorrow we will do another split day, with the 9-12 and 2-3 EST covered.



TODAY:  MARKET VIEW


The webinar covered numerous topics today, and  it is not the intent of the blog to write about everything we discussed.


click to enlarge

The chart coverage is the 5m for YM, ES, NQ, and TF.  A move by professional traders will be seen at or near the same time across the markets.  At least it should give you confident in your position when most, if not all, markets are moving with your trade.

The es trades today were focused upon:

1. pre open shorts at 50% control bar levels
2. markets hit the short BOTs early , and were trending down.
3. EMA and MAXT failure at the TL
4. key levels identified; these were targets after the market hit +10 from the open
5. longs were available at the HL's on the bullish TL's and 50% control levels
6. targets at +8 and +9 were hit by lunch ( targets from market low)
7. the FBO of the short BOT and the bear channel was played in the PM
8. we had a FBO of the channel and was looking for another long entry near the 1262 support, the TL, the EMA, and the channel TL
9. Our 1m chart flashed a tech long at  64.25 on b65; the 5m and range were longs near the 50% level of the control bar.  The technical long was in per the chart.  The Greek news just made it a monster play.