Emini Day Trading Method Emini Day Trade Setup Combinations The emini day trading method has two basic ways to view a day trading setup: (1) right side only - referred to as right side base or minimum base (2) left-right - referred to as selective base, the right side base setup has become more selective from adding additional setup components that can be seen from left side price action-price failure.
Emini Day Trading Setup Discussion The emini russell day trading charts-discussion in the audio below which include the charts above, have been taken from a March 2008 emini day trading method seminar focusing on selective day trading setups, the concept being one where additional trade setup components are added to a base emini day trading setup, where the additional selectivity will increase the 'odds' of the trade outcome.
Along with reviewing the selective day trading setup combination from the charts above, this was further discussed in two contexts: (1) 2 traders in the group and setup combinations that they were using, what was called trader selective (2) a contrast to those who are not emini day trading base method, let alone selective base trading, an outcome leading to missed trades and chased trades, further resulting in losses or often winning by accident. audio-chart discussion: (1) SB-RB as a 'template' for a selective base setup (2) WHY - would anyone take this trade (3) TB - 1 trader's base setup (4) TB2 - another trader's base setup that is actually coming as a failure break setup to the yellow dot sell loss.
Tactical Trading Emini Day Trading Method Emini day trading, primarily day trading the emini russell and the euro currency, with the group focus on teaching-learning the trading method concepts for price action-price failure, the related base method trade setups, along with the interrelationship and impact of trading psychology. 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. If you would like to become part of the Tactical Trading Group, click Join Tactical Trading for registration, or for a 3 day chatroom trial. If you have any questions or want more information, or even want to talk on the phone - you can let me know this on the form. The Tactical Trader - Emini Day Trading Journal This 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.
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