Next week will be fun. (Period) The Watch List is available here and is broken down into 3 sections.

http://daytradingradio.com//10for1000 Members Only 

The First part (00:00- 37:57) Next week I will start trading the E-mini S&P Futures using the HPS Methodology. I used to trade the futures a lot but moved a way from in the last 2 years. Do to a couple reasons: Beginner traders would be drawn to the futures like a moth to a flame because of the lure of fast money. Not realizing the risks and speed involved and not having the experience to understand market psychology and having control over their emotions. Just like there are very good Playbook HPS plays for stocks these same setups can be applied to the futures chart but on a faster time frame. 

Over the years I have isolated the best patterns to trade the futures with. These setups combine the CORE of HPS with the confluence of multiple indicators and the added values and Volume Profile Levels that are supplied to us by FT71. So I want to start off defining the setups and the conditions for the trade then put these setups through a 1 month testing period. If you are interested in following along and testing the strategies using your platform please do. or Download the Stage5Trader Demo Platform and follow along live and learn using a great platform. 

I am excited to start this new segment and coverage of the show. I will be releasing more E-mini trading videos defining the setups and the overall system..stay tuned and down load the demo for Monday.

oh and that second reason I don't trade futures as much, It takes a lot of concentration and I get too sidetracked to cover the markets and focus on everything else that goes on during the show..Questions, Comments ect can just cause you to loose focus and it just takes a momentt to have a trade slip away.

But now with the defined patterns to trade and sticking to a set of rules It should let me juggle the show  and trades and whatever else pops up.

The Second Part of the Video (37:57-46:21) Is a basic Break down of Stochastics and what is the difference between Fast slow and Full and How I use them and more into how we are going to sue them for trading next week. I think this is a great explanation on stochastics and how they work.

The Final Part Starting @ 46.21 Goes over this weeks HPS watch List and this I have to say was a tough one after crushing stocks like OSK, and LULU, SNE and BABA it is harder to find those quality setups without looking at the Short side of the table. and I have shorts on the table now. Best Bets stay with PCP.

Ok Well See everyone Monday and have a great weekend.

DayTraderRockStar