International Council of Shopping Centers

11-26-2013 4-38-42 PMThe E-mini S&P opening price today was (1801.75). Today, the price (1798.75) was hit at 10:10 a.m. US/Eastern time. The high price (1807) was reached at 3:30 p.m. Eastern time. Each week, the International Council of Shopping Centers publishes a report of the weekly measure of comparable store sales at major retail chains. Investors want to know about this report because accounts for roughly 10 percent of total retail sales. There is not much explanation as to why this weeks growth surged 2.6 percent while the year-on-year rate fell a sizable 7 tenths to only plus 2.1 percent. The trend in this report is that the Black Friday sales are going to be flat, which will not make or break November.

Eric Rosengren on Basill III

11-18-2013 4-41-48 PMThe opening price on the E-mini S&P today was (1798). The day’s high price was (1798.75) at 11:15 a.m. US/Eastern time. At 3:35 p.m. US/Eastern time, the low price of the day was (1784.75). Eric Rosengren, president of the Boston Federal Reserve Bank, came out in support for the narrower definition of capital under the global Basel III framework. In July, the Fed adopted the global Basel III rules in a commitment to draft tougher capital requirements for the largest banks. Basel III will force most banks to hold about three times as much top-quality capital as is required under existing rules, to reduce their risk and protect taxpayers from costly bailouts. The Federal Reserve Board will be required to undergo annual stress tests using three economic and financial market scenarios. Only a summary of the three official Fed scenarios would be made public. The rules would apply not only to banks but, also to all institutions with more than US$50 billion in assets. The Fed will begin implementing the Basel III framework in early 2014 and is expected to be fully implemented by 2019.

Jobless Claims

10-31-2013 5-11-38 PMToday’s E-mini S&P opening price was (1756.50). The market price dipped to (1750.25) for the day’s low at 10:40 a.m. US/Eastern time. The market day’s high of (1764) was hit at 2:35 p.m. US/Eastern time. In the week of October 26 jobless claims at 340,000, which is 10,000 below the previous week. Government contractors who were filing claims during the government shutdown in the first half of the month and California, with counting problems that were tied to a computer changeover, are no longer inflating these factors. The 4-week average has risen to 356,250 in the latest week, which is the highest reading since April. In the latest data which is for the October 19 week continuing claims are up 31,000 to 2.881 million. The 4-week average is down 10,000 in the latest week to 2.879 million which, is a bit above the month-ago trend. For insured workers, the unemployment rate is unchanged at 2.2 percent which is just up from the recovery low.

Profits 5 Days in a Row Trading the ES


Five consecutive days of ES profits? And then throw in the Euro? Sign us up!

Day Trade to Win’s ATO (At the Open) trading course teaches traders of all experience levels how to consistently profit from the ES’s (E-Mini S&P 500) opening move. Since this type of trading is based on the given day’s price history, the method is inherently accurate. The goal of the ATO is to make two to four points every day before noon. On occasion, the ATO software will produce signals in the afternoon hours, but these signals are far less reliable than those produced earlier in the day.

As you can tell from the video, the software provides an entry price and direction. The PDF course and live training covers the types of stops, orders and management strategies. Just this year, John Paul modified the course slightly to better reflect how the E-Mini trading has changed. Considering the low cost of the course (under $600 last time we checked) and the video proof of at least 5 days of straight profits, grabbing this course is a no-brainer. Throw in the live training session, and traders will surely walk away having learned a powerful e-mini trading strategy.

3 Scalp Trades During Low Volatility

This site is entirely about price action and frankly, there hasn’t been much of it when trading the E-Mini S&P the last couple of months. Times like this require drastic measures: scalp trading.

Actually, learning to scalp trade is quite easy and it can be used with any market despite volatility levels. A few scalp trades (as shown in this “3×3 video” – three separate trades for three ticks each) is the best way to trade during a relatively flat market.

Where can you learn such day trading techniques? Well, you can start with the free Trade Scalper webinar held on Nov. 11 from 7 p.m. to 8 p.m. EST. Opt-in to the registration on the TS page to receive a link to the webinar. From there, consider enrolling in the course to learn all of the scalping methods. It’s better than losing your shirt by not knowing the proper rules to enter the market for scalping.

Here’s a couple summarized tips from the video:
– Keep your profit targets and stops in place – don’t move them – no slippage.
– Use a 1-minute chart (remember, smaller time frame = scalping!)

See more scalping videos at the Trade Scalper website (click the image):