Today we discuss a trade setup that occurred last night in the Base Camp Trading end of day setups video. We talked about watching for an overnight breakout in the S&P eMini Futures (ES) contract through a well-defined resistance zone at 2900. This trade ended up spiking up to 2915, then hitting significantly overvalued on the 240min price chart and pulling back to consolidate. Worked out great for everyone that took the setup!

Recent Related Articles

Trading Options Gives You Options

Not, that’s not a typo.  We’re saying that when you trade stock options, it gives you lots of...

MicroQuant ValueCharts® Complete Suite Now Available on MetaStock

MetaStock has been around a long time, but without the power of ValueCharts®, until now....

Trading with a Ferrari: How Using Momentum Can Help

They say that “Price is King” when it comes to trading.  And it’s true. Understanding price is the...

How to COMPLETELY Remove Emotions from Your Trading

Every trader has a battle. In fact, many battles.  But there’s one foe that is even more powerful...

Generating Income from Earnings

What makes markets move?  Most people will say “news”, and that’s true.  But some news moves the...

Trading in A Retirement Account, Part 3

Trading in A Retirement Account, Part 3   In Parts 1 and 2 of this series, we discussed why...

Trading in A Retirement Account, Part 2

In Part 2 of this series, we focus on why an IRA makes an optimum investment vehicle, and why...

Trading in A Retirement Account, Part 1

In Part 1 of this series, we focus on why it’s important to actively participate in your...

The Bonds Pendulum, and Knowing When It’s Time to Adjust Your Portfolio

You’re looking at your 401K and wondering where the value went.  It was up so high, and now it’s...

How Renko Can Simplify and Accelerate Your Trading Account Growth

Renko Charts have been getting more attention lately, and it’s no wonder. Many traders have...
Share This