The Daily Market Forecast... the day matters.

Monday’s Blog Results: The buy ran for 52 points. The short offered 8.75. BOTH only had 2 ticks of adverse move. You can PayPal me a tip if you’re feeling guilty. 😉

Quick Tip: The day matters.

Imagine if you could click the “print” button and a report would stream from your printer that showed how much money you made or lost by day of week. Would it surprise you if you lost money most of the time on a given day of the week? Say, Thursday? Would you call it coincidence and keep trading or would you stop?

If you’re not documenting all your trades, taken or not, with plenty of related information you’re missing out on huge “edge” potential. Day of week matters. Time of day matters. Volatility matters. The list goes on and on. Commit yourself to building your own results database rich with all the data points you can think matter.

From “start” to meaningful results takes plenty of time. Prefer a short cut? Click the button below and watch how.

Today’s Best S&P Futures Turning Points: (look for confluence with supply/demand clues)

Short Level: Sell 4631.50 stop 4637.00.

Long Level: Buy 4510.00 stop 4506.50 (still good)

Trade well,

Mike Siewruk

P.S. Does your trade plan need a tune-up? Watch the Ultimate Trade Plan mini-course (free). Click here.