Mentor Mike’s Market Movie for 4/24/12

Mentor Mike’s Market Movie for 4/24/12


In Mentor Mike’s Market Movies I re-trade about 8 hours of market movement in the S&P Emini in 20 to 30 minutes. When I see a trade setup, I pause the accelerated data feed, identify the entry signals and place the trade on Ninja Trader’s demo platform. Then, I restart the data feed and see how the trade plays out, win or lose.

Got questions, comments, suggestions or critiques? Leave me a reply in the box below.

Webinar Video Link

If you missed last Saturday’s “Go for the Gold” webinar, you can watch the video by clicking the link below. You will learn a lot of tips and tricks that will help you better understand what I’m doing in these daily market replays, so I strongly recommend you give it a look. Here’s the link:

Replay Scoreboard

ES 6-12: 14 wins / 0 losses, and +$1,450.00 net.

Click the play button to watch the video. Enjoy

Mentor Mike's Market Movie


 Today’s Chart

The trades shown here were taken during my regular, real-time trading. Please click on the chart below to make it larger.  NOTE: the numbers on today’s chart are not counting Elliott Waves.  They are labeling Ken Roberts-style 1-2-3 tops and bottoms.  These reversal patterns were originally called “failure swings” by Charles Dow because Point #3 would fail to exceed Point #1 thus marking a turn in a new direction.
Chart #1

Today’s 2-minute ES chart

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