Aug 31, 2 Videos: Intraday Sell on Retrace of Break Down

In this post, we have 2 videos, in which we will investigate Emini action, real time, on trading August 31. In the first video, we see the market during earlier trading, following a significant gap opening breakdown followed by retracement which stalled without filling the gap. As usual, we find the delta breakdown and volume indicators of the Investor RT software provide very clear and effective identification of optimal entry setups on our view of the 8 minute and 4 minute charts.

In the second video, we go forward in real time, during the trading day, as price action and intraday value levels develop. We find that our 3 time frame view of the market clearly defines the developing behavior and response to the levels which set up more good trading opportunities.

This example is useful for illustration of ways of dealing with some more tricky trading days, in which the “big” move occurs before the open, and the trading occurs in a narrow range during the day session. This kind of day requires a lot of patience, to sit and wait for smaller profit opportunities to emerge. But the volume will almost always reveal very clear corroboration of price probing and being rejected at well defined precise levels, as defined by the tools of our profile and delta based strategy. Profits may be smaller, but the risk reward is still favorable, with the precision of this structure.

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.