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Day Trading Emini Futures Trade Setup That Works Daily - YouTube
Channel: TopDogTrading
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welcome to this video on day trading
emini futures one of my favorite setups
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that I look for every single day
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this is very very reliable I mighty to
add this to your treating arsenal
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so here it is it is a volatility trade
based on behavior of the traders that is
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fairly darn predictable
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so this is not one of those trades
that's based on
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oh you know some ancient Phoenician
numerology or something that's esoteric
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astrology or anything like that
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this is based on the very real behavior
of traders especially those and the
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exchanges and on the floor and i noticed
this when I was at the chicago
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mercantile exchange was on the floor and
you can take a real advantage that I
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mean a lot of the pits are closed down
now but i'm talkin back in the
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the olden days when I was getting some
training there and size down on the
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floor of the mercantile exchange S&P pit
and it was very obvious that people
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would trade very actively during the
morning and then they would go to lunch
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and we all know this thats not telling
you anything you don't know there but as
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I was watching the e-mini futures pit
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it was very interesting because most
people know that general rule the
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markets most active in the morning and
then dies down in the at lunchtime and
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then volatility can come back in the
afternoon however it was very
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interesting because when i was there you
could literally and physically see which
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traders were leaving and which ones were
not and that's think that's a real
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advantage it really has and so you can
see whether you know the whales were
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leavin or if they were staying in too
early lunch sometimes they wouldn't
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leave and then other times they leave
and they come right back
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and so it's almost like they're trying
to fool people that they actually were
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and because they knew they knew
everybody knows this general pattern and
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what everybody knows something guess
what it's going to stop working so
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sometimes they'd leave early sometimes
they stay late
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sometimes they come back to literally
and so forth him yeah there's an
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advantage in being able to
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see that but if you're not trade at the
the floor
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no and I'm screen trader myself then
there's a general rule that we can
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follow and then we just have to watch
the energies in the chart around that
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time
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so here it is and again this works for
day trading emini futures but you can
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use this for the day trading anything's
really specifically for day trading not
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for swing trading because it's based
around the time of day and that is the
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end of lunch time when people are coming
back and they start treating actively
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again
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so here's how we would do it as a screen
traders here's how I do it
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so there is a little range of time
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so these times down here these are
California times because I'm in
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California so that would be noon eastern
so you can do this with stocks to buy
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the way stock market works the exact
same way
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so this would be noon eastern and
obviously then that's 11 central futures
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mostly trade out of Chicago and so
that's the big big big futures market
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there and you're looking to for the
market kind of flat here and to come
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back in somewhere after ten o'clock is
ten o'clock would be one o'clock east
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rim
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so this is your lunch hour if you want
to call it that
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now sometimes they take longer than an
hour but it's usually after this time
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and I'm looking at it anywhere from like
about 10 15 -
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before 11 so about 10 15 - 10:45 kind of
that half hour zone is really the magic
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zone that we're looking for
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ok so if you look at this and we've done
some recent videos on bollinger bands
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and bullets are bands help you with this
- because when the market state now and
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go into low volatility and so you see
the Bollinger Bands squeeze together
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here is people leave a
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very squeeze again here and then what
we're doing is we're looking for an
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expansion out of the contraction
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that's the whole point after lunch is
over around this time
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so that's the setup now how do I we
identify those trades well you can tap
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whatever trading method you use whatever
signals use whatever indicators you use
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I don't have time to go into my whole
trading method obviously in just a few
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minutes here but so this is
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that's one of the nice things about this
is that you can really apply this to
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whatever technical analysis method you
use but i find using bullet demands
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really helps you know what I'd be
looking for here - Stevie a little
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indication is you know first of all
cycle hi this is a kind of an average
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moment to exhaustion pattern here for us
and then we look to trade in the
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direction of the expansion and here for
watching my previous videos on bollinger
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bands the Bollinger Bands we get the
lower one and they move away from each
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other and that's a good indication of
increased volatility in this direction
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so that would be one example
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ok let's go to the next day we'll just
do a couple of days in succession here
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and let's see look around that same time
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alright so here we go and each one each
setup will look a little different
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that's the setup is not necessarily the
same all the time
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what is the same or we're looking for is
an expansion of volatility
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so here we get a cycle hi and then this
is the this is the key here so this time
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market comes back up makes another cycle
high but does not touch the upper
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bollinger band that shows weakness to
the upside therefore we're looking to go
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short also momentum is decreasing that
momentum shift at the high before we'd
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be looking to go short and that's
exactly what happens
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volatility comes in dramatically to the
downside
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see this is the thing about volatility
it determines the range of your profits
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and that's why this trade is so good is
because you're trading inside of low
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volatility and catching a new high
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volatility movement in the market let's
look at the next date
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we like to catch these big momentum
moves why because well a lot of profit
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to the better reward part of the
risk-reward ratio
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all right here we go again around the
same time now you could this one came in
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a little earlier came right at the end
of lunch time would be your signal and
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you can't read this couple of different
ways again made here we get our momentum
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signal to go along comes up touches you
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upper Bollinger Band all right and you
can even wait to little later if you
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wanted to and just take the first
retrace on the trend here this ends up
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going you know quite aways get a nice
move again
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big move in the direction of your trade
which is good for profits
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we like profits all right in here is yet
another one
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this would you look at this will be our
last one because we already kind of late
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here into this
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so again notice the Bollinger Bands
squeeze occurring we touch the lower
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Bollinger Band we do not touch the upper
Bollinger Band and then again
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bollinger band they start to move away
from each other we go into the lower
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Bollinger Band we've got a cycle hi
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we've got a lower momentum momentum
shift here and that's our key to take
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this in the direction down as it expands
and again the pull move depending on how
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long you want to stay in it
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pretty good move right pretty good
profits there so that's the idea is to
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look for keys again a couple of tips
there but you can use other methods as
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well whatever your training method is to
look for trades coming out of lunch for
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increased volatility for some pretty
nice big trades so that's when we had a
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trade
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emini futures you can use it with stocks
as well of course
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so if you like this video and you're
watching it on YouTube please click the
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thumbs up icon below and i also like it
if you leave a comment that encourages
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me to create more free tutorials for you
which I enjoy doing
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also right now i'm giving away one of my
favorite trade strategies is called the
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rubber band trade and has an extremely
high win loss ratio
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it's a very simple strategy can learn it
about
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probably twenty six short minutes get
that video explaining the trade strategy
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absolutely free by clicking on the image
in the top left corner or if you're on a
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mobile device go ahead and click on
little I with a circle around at the top
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right hand corner of this video and if
you're not watching the video on YouTube
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then there's probably a link either
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however you decide to ask for the video
please
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I look forward to giving it to i will
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yeah
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