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Mentor Mike’s Market Movie for 7/16/12

Mentor Mike’s Market Movie for 7/16/12
 

 

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?  Send an email to mentormike@sbcglobal.net.

Market Movies?

There will be no Market Movies for the remainder of July.  Whether I begin again in August will depend on you.  If you like the Market Movies and find them helpful to your trading, let me know.  If there are folks deriving genuine benefit from my efforts, I will continue.  But, if I’m just passing time, I can find easier things to do that are more fun for me.

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.
Chart #1

Today’s 1-minute ES chart

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