Dear fellow traders :
For those familiar with the trading of the e-mini US index futures, or even forex, you'll realize that price movement usually fluctuates a lot after the announcement of certain major US economic reports like employment data, housing data, gross domestic product (GDP), inflation data etc.
Thus, it's crucial that you keep track of when such economic reports would come out so. This would enable you to be cautious whether to get out of a position before their announcement. But I understand you could also be someone who's skilled in taking advantage of such major economic announcements to time your trade.
Most of these major US economic reports would be announced either on 8.30am EST or 10.00am EST. I would usually go to Google.com and type in 'economic calendar' and I would visit any of the finance-related web-sites for this information.
So, do be alert of the announcement of major US economic reports so that you won't get caught off-guard of an adverse price reaction to your existing position after such announcements.
Yours truly,
Tony Chai
Friday, July 03, 2009
Economic Calendar
Posted by
Tony Chai
at
12:49 AM
1 comments
Thursday, July 02, 2009
Options University "Options Mastery Series" Giveaway
Dear fellow traders :
All 1000 copies of the Mastery Series CD's are now history.
They're all gone!
Options University has decided to now let 1,000 people have the ONLINE version of the Options Mastery Series. It's the same material as on the CD's but there is still a LOT of video material in this course.
Go here NOW to reserve yours and get IMMEDIATE access
Yours Truly
Tony Chai
Posted by
Tony Chai
at
5:57 PM
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ES Trading - 22 June to 25 June 2009
Dear fellow traders :
Following were my simulated trades on the e-mini S&P 500 index futures for last week. All trades were based on watching pure price action & reference to past patterns :
22 June 2009 - Profit = $212.50

23 June 2009 - Loss = -$262.50
Note : Learned a hard lesson not to hold on a trade over a major economic report announcement. 

24 June 2009 - Profit = $100.00

25 June 2009 - Profit = $200.00

Regards,
Tony Chai
Posted by
Tony Chai
at
8:46 AM
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comments
Thursday, June 18, 2009
Options University $1,797 "Options Mastery Series" Giveaways
Dear fellow traders :
If you’re keen on receiving a complimentary copy of, in my opinion, the best & the most-complete options trading program - Options University’s flagship “OU Mastery Series”, Options University is about to give away their $1,797 product to the first 1,000 traders when they "open the doors" Tuesday, 30 June at noon EST.
You will want to get on the 'Early Notification' list to have a chance at yours.
Options University $1,797 "Options Mastery Series" Giveaways
Yours Truly
Tony Chai
Posted by
Tony Chai
at
9:22 PM
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Wednesday, June 10, 2009
ES Trading 11 June 09
Dear fellow traders :
In this S&P 500 e-mini trading session, my entries were based on studying pure price action. These few days I've been studying all the ES price movement that I've managed to screen captured in the past of between 8.30am EST and 12.00pm EST. 

Though I entered on high probable trades, I kept my stop loss tight at max. 2 to 3 points. For that, I have to thank Ed for telling me that if I had my risks factored in before a trade, I would be able to enter a trade with less fear. That really calmed me so that my mind is focused on looking for high probability trades.
Regards,
Tony Chai
Posted by
Tony Chai
at
9:53 PM
2
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