Emini Day Trading Seminars

Trading Method Concepts For Price Continuation

When you look at your charts - what are you looking at-what are you looking for? Are you looking for right side entry patterns like an entry pattern-indicator combination? Are you looking for slow down-consolidation breakouts either traded by entering 'early' in the center of the consolidation because you think this will keep you from missing the breakout move OR entered at the breakout of the consolidation because this represents that the consolidation will end?

AND in no case is consolidation pivot trading and/or right side only trading asking one of the primary trading questions - WHY should this trade continue?

This is the primary focus in this seminar - trading method concepts for continuation -vs- right side setups that only include your minimum setup components necessary to be considered base setups BUT are not additionally selective for price movement.

Trading Price Action

What Are Primary Keys To Price Breakout AND Continuation

Every day there are 'these' periods where price moves back and forth - breaking focus prices and 'flipping' indicators BUT going no where. AND THEN there is a breakout with continuation - are you in the trade?

Every day there are 'these' situations where a new trade is entered OR an existing trade is exited. AND THEN within seconds of making the decision the previous move resumes - was there a way to have avoided this situation?

Every day there are 'these' trade setups that 'look good' BUT for some reason there is something that makes you hesitate. AND THEN the trade not only breaks to an immediate profit it keeps going fast apparently with no way to enter - was there a key to this price movement that could have been seen?

Trading Price Action

WHY are the open price scenario AND price action areas being considered?

The open is the most important period of the day.
The open is when we should-can be the most prepared.

preparation for open trading through the 'anticipation-visualization' of open ranges including a centerline AND support-resistance that an open trade is being traded into.
identification of key price areas from the previous day[s] that we need to be aware of as the daily range expands-moves to these areas – especially the areas referred to as price action areas where an extended move up or down started-broke.

Price Action Areas

What is price action?
What is a price action area? Price action area decision.
Previous price action-price action areas continue to be used through out the trading day.

Price Momentum Divergence And Addon Trading

Price Momentum Divergence

price momentum divergence - define
it's momentum that has failed not price - price made the higher high or lower low
pmd trader thinks that momentum leads price
momentum indicators -vs- momentum flow - momentum build
divergence - sup-res hold - resumption-continuation
divergence - momentum can't resume - reverse

Swing Continuation And Multiple Trade Entries

method trading cannot be done without multiple entries to a swing in order to maximize continuation swing profits both by adding size OR re-entry of a bigger move after flat
inherent risk of doing this
viability of addon trading
this is synching size with directional strength
left side price failure

Left-Right Chart Reading AND Floor Pivot Trading Synch To Method

Trade Reading

Left side chart reading for relevant price and structure that is significant to the right side trade setup.

trade setups 'across' the chart
trade relevant price lines
pivot entry for best available price
mixed method trading - what are THEY doing
floor number trading AND synch to trading method

Floor Pivot Trading

Floor trader pivot points, or floor numbers, are specific support and resistance price points that have been calculated using what is referred to as the floor pivot point formula. These floor pivot points are particularly important to consider IF for no other reason than so many traders are watching them.

using floor numbers isn't the same as avoiding them
when missed method
proximity at time of initial entry
floor number synch with price specific
base method-floor number setups

Tactical Trading

Emini day trading, currently trading the emini russell, and euro currency day trading, with a focus on the day trading method concepts for price action-price failure, the related base method trade setups, along with the interrelationship and impact of trading psychology.

I approach trading from the realization that the vast majority of 'traders' are going to lose, and if you are going to ever become profitable, you will have to 'act' differently from that group. From my experiences in trading, and working with other traders, the primary differences are going to largely be related to the approach taken to learning to trade, along with reasonable expectations regarding the amount of work and time that is going to be necessary. I have found that this isn't typically the kind of thing that most people want to hear, that learning to trade takes time and hard work AND even with it, there are no guarantees of success - they want 'hype' and 'promises', and to be assured that if they join, they will be profitable in a couple of months - it's not going to happen.

Tactical Trading is a combination of a trading chatroom, a member training website, online trading training sessions, and trading seminars. The Tactical Trading chat room combines text, voice, and 'real time' application sharing where I can show my trading charts that are being traded and discussed. I also highly recommend that other traders, especially those who are paper trading, also post their own trades in order that I can try to provide additional feedback and help with learning the trading method, and making the transition to real money trading.

Join the Tactical Trading Group, or register for a 3 day chat room trial.

Tactical Trading


Tactical Trader Day Trading Journal

The Tactical Trader Day Trading Journal was developed to be a daily teaching lesson where I can discuss some charts-trades from the day, in order to point out various trading setups and/or trading issues-problems that I am aware. I also like to use this to specifically answer questions that someone may ask, where it is more effective to try to answer with a chart-discussion, than it would be to try to answer by text only.

To make this most effective, it is recommended that the charts-questions first be read-answered AND then go to the discussion page to study what has been written, along with comparing this to your own answers - don�t simply go to the discussion page and read what has been written.

Day Trading Journal Objectives

Understanding the day trading method, and especially how the trading method setups are related to the strengths and weaknesses of the base method.

Understanding that discretion is inherent in a trading method BUT that this discretion can be repeatable -vs- non-random discretion coming from things like market bias or market opinion OR trying to indicator trade as a trading system.

Understanding how to use indicator information as part of the trading setup -vs- being an indicator only trader.

Understand mixed method [the trading method which will be entering at the same approximated time BUT in the opposite direction] AND the implications of these 'other' methods on our trading.

Discussion of trading charts-setups, explaining why a setup is method base and comparing to similar setups that 'shouldn't' be traded - setups that could be regard as trading setup misreads.

Discussion of opening emini russell trades and trading setup scenarios using previous price action prices.

Discussion of trading setups related to method strengths and weaknesses AND in relation to market conditions such as directional-counter or continuation-congestion.

Discussion of directional strength and maximizing the profits of these trading swings with addon trading.

E mini Day Trading Method


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