Trade Aptitude

Results of Thursday’s Best S&P Futures Turning Points: No trade triggered.  

Today’s Best S&P Futures Turning Points (consider wider stops and less size in fast moving markets): 

Buy 5286.50 stop 5280.75. No short trade today. 

The World Index: (+100/-100) dumps from +43 to -14 with Asia Bearish and the West mixed. 

Catalysts: Fed’s Powell @ 9:00 and Barr @ 12:00. 

Quick Tip: New Paradigm

What are your beliefs about successful trading? How have you been taught? 

Technical analysis – “All I need is a good indicator or two to be a winner, history repeats itself enough for me.” That’s OK. 

Fundamental analysis – “Indicators are lagging, I want to study and KNOW the asset I’m trading to predict the future with confidence.” That’s OK too. 

Chart analysis – “Patterns on the chart are predictive of price movement, I trade what I see based on support and resistance, supply and demand, trendlines, and/or volume/volatility changes.” That’s OK as well. 

Combination – “I prefer to combine some or all of these beliefs for confluence to get my edge.” Sounds good, too.

Are you ready to learn a new paradigm? Based on a ton of evidence it’s more predictive than any of the above methods. Click here to get the training for free. 

Trade Fearlessly,

Mike Siewruk

P.S. Pass this email along to your trading buddies. Share in the wealth!