Archive for September 13th, 2007

13th September – S&P emini futures trading – missed fantastic first entry, tried to re-enter and got stopped!

13th September - S&P emini futures trading - missed fantastic first entry, tried to re-enter and got stopped!

Hi all, I came home usual time to see that the market has really moved along today..  the daily trend is bullish and I should really only look at longs in the market. However, at approximately 6.30pm or so, the S&P emini made an intraday high and had started to ease off (see vertical blue arrow on chart).. if you look at the volume also, you can see the exhaustion volume pattern which I saw yesterday also. This usually indicates a reversal but the market has moved so strong north that

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