Another GRAND-A-DAY in Mentor Mike's live TRADING ROOM for Thursday, 12/4/14 | Pacific Trading Academy
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Another GRAND-A-DAY in Mentor Mike’s live TRADING ROOM for Thursday, 12/4/14

Another GRAND-A-DAY in Mentor Mike’s live TRADING ROOM for Thursday, 12/4/14
 

What first appeared to me to be a consolidating correction that would lead to an upside breakout, turned out to be a shallow bearish impulse pattern (I’m thinking a Wave C – see the attached EW chart). But, we managed to reverse direction and use a modified 1TG (one-trade Grand) maneuver to get us back to our GRAND-A-DAY goal. Final score: we won 6 out of 8 trades and netted $1,318.00 in our 7th consecutive winning TRADING ROOM day.

Today’s Charts

Here are today’s screen captures.  They may include my personal chart, the TRADING ROOM demo platform, charts submitted by students and/or my running intraday Elliott Wave count in the S&P Emini.  Please click on a chart to make it larger. 

Chart #1

Chart #2

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