Trade Aptitude

Results of Tuesday’s Best S&P Futures Turning Points: The short at 4598.50 missed filling by 6 ticks. 

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

Buy 4551.00 stop 4546.25. Short 4598.50 stop 4604.25. 

The World Index: (+100/-100) jumps from -14 to +50 with all major world markets Bullish. 

Catalysts: Core PCE Price Index (primary Fed inflation measure), Jobless Claims & Personal Income/Spending @ 8:30. FOMC Williams @ 9:15. Chicago PMI @ 9:45. Pending Home Sales @ 10:00. OPEC meeting all day. 

Quick Tip: Find Your Filters 

Are there market conditions that your strategy performs better or worse in? Probably so. Price is either trending or not and volatile or not. These are very different conditions and knowing with evidence how your strategy performs in each of them is important. 

Why? Because you’ll be able to filter out trade setups in conditions that are not ideal. These filters become rules in your trade plan, which is a living document requiring this very type of updating. 

For example, our team day trades intraday trends, volatility reversals, supply/demand, and credit spreads (SPX). Any given day there is a strategy that fits the market character. 

This abundance plays a big role in preventing mental lapses like FOMO, DOMO, and impulsivity. 

Join the team, learn the strategies, and trade live with us daily for 30 days. New lower rate available now. Money back if you’re not blown away!

Trade Fearlessly,

Mike Siewruk