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Mentor Mike’s Market Movie for 5/31/12

31 May Posted by in Mentor Mike's Market Movie | Comments Off on Mentor Mike’s Market Movie for 5/31/12
Mentor Mike’s Market Movie for 5/31/12
 

 

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.

Replay Scoreboard

ES 6-12: 14 wins / 0 losses, and +$1,725.00 net; cumulative for May: $31,900.00.  NOTE: These scores were obtained using just three contracts each day.  In the month of June, we will add a contract for each $1,000 of profit earned.  So, stick around and see how many contracts and how much profit there will be by the end of the month.  It will definitely be interesting.

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.
Chart #1

Today’s 2-minute ES chart