In this blog post we will review the System Notes feature in the Power E-mini Desktop Alert Software. Many folks are attracted to the Desktop Alert Software for the High Frequency Win Rate – Automated ES Futures Trading Signals. But there is another great feature to the Alert Software and that is the Real-Time Market Commentary sent out by the developer of the System who is trading the same system signals right along with you. Think of the System Notes section as Live Market Commentary “tweets” sent right to your desktop through the E-Mini Alert software – In effect, its just like having your very own private E-mini Trading Coach at your side throughout the day. Emini Day Traders who sign up for the Power E-mini Desktop Alert Software quickly learn that the Expert Intra-Day Market Commentary is worth the price of the monthly subscription all by itself.
Sample Market Commentary From Desktop Alert Software
Posts Are Chicago CME Times: Wednesday 6-1
8:31 Morning Quicksand Zone 2084.00 to 2089.50
8:35 Good morning folks, we have a good sized gap down
in the equity market this morning. We will have to see if
we get a “Gap and Go” or “Gap and Fill” attempt. Market has
a thick layer of support just below at 81-82 which the
sellers will need to be able to penetrate through for
a trend to the downside ignite.
8:42 Weak attempt by the sellers to break us down out of the
morning quicksand zone but they fizzled on us an as you can see
price got sucked back into the morning glue-trap. On Hold.
8:56 Ok folks we are getting some wild jumpy price moves
here but they buyers appear to be amassing just below the
87 area – we may see a system signal here any time.
Looks like the market may be going for the gap fill
attempt after all – we may see long action here soon.
8:59 Buying Pressure building, On Your Mark, Get Set…
9:02 LONG – Scalp Barrier 2087.50 (+2.00)
9:07 Captured a nice little scalp there to the long side.
If the buyers can keep up the pressure we may run as high
as 95-96 before the gap in the equity market gets filled.
We currently have overhead resistance in the 90-91 zone
that the longs will need to work through if we are
going to be able to push higher.
9:20 After that up-thrust from 87 the market now finds
itself somewhat sandwiched in between a rock and a hard
spot. 87-88 new level of support – stall zone here at 90-91
For a visual reference point you can plot these zones
on your chart with horizontal lines or colored rectangles
We might be in for a bit of a wait here – patience.
9:33 Looks like we caught the one nice price move so far
Market is stuck in a glue trap here. looking at the charts
we have more room to move back to the downside then to the
upside at this point. Buyers will have to get us above 91.50
to get anything going and we have a stall developing 3-4 points
just above that. Scalp Targets are going to be in order today.
9:45 We got the market swimming around between 87 and 91
now like a little lost fish – nobody really in control.
Patience here waiting for something to develop that we
can work with. Sitting on hands. Half the battle is knowing
when not to trade – dull markets are dangerous markets.
9:50 Things are heating up again folks, buyers amassing just
below the 91 level. If the longs can bust us out we could run as
high as 2096 where the system is detecting a stall zone.
9:53 LONG – Scalp Barrier 2091.75 (+2.00)
10:05 You should have caught your 1.25 scalp on that one
no matter where you got in. If we can get above 94 now
things might start to heat up with Macro targets up at 97-98
10:20 Level of resistance here 94-95 for the buyers
to work through if we are to continue higher
10:30 Buyers getting rejected up there at 95 – we may need
to see a deeper pullback back towards the 91 level
10:40 Market momentum is dropping off.. so the market might
need some time to consolidate before being able to make
another run higher off this pullback. In super momentum
markets price can swing down to support and bounce back
like somebody throwing a basketball off a 5 story building.
Momentum at this point has dried up to a crawl though
10:50 If you take a look at a 30-Minute chart for the SPY
you will see that we got the gap fill back to yesterday’s
close. The system got us in LONG at 2 spots to play this
retrace in an otherwise sketchy market today – 87.50 and 91.75
10:55 Most likely gonna be locked down here for a bit.
Seeing a resistance zone from 93.50 to 94 that is a
zone that can stall any price advance from here
11:54 LONG – Scalp Barrier 2094.50 (+2.00)
12:01 We are 3 for 3 today folks..
“Float like a butterfly – Sting like a bee…”
Final Trade Tally For the Day
9:02 LONG – Scalp Barrier 2087.50
9:53 LONG – Scalp Barrier 2091.75
11:54 LONG – Scalp Barrier 2094.50
In Summary, our very affordable Power E-Mini Desktop Signal Alert Software delivers you…
* Real-Time ES Trading Signals
* Real-Time Market Commentary
* Audio Alerts for System Notes and Signals
* None of the Trading Room Hassles