Futures Insight Blog - Latest Comments

Re: Today’s Trade Ideas from Swing Trader’s Insight

Vladimir — Fri, 11 May 2012 23:45:26 -0000

Thank you very much Scott for your great job.I am personally really appreciated.Your swing trader's methodology is the one,which really works for me.I sincerely wish you the best.

Re: Know When to Fold ‘em

Sopo5 — Thu, 03 May 2012 21:05:39 -0000

Exact same thing happened to me in Soybean Meal today.

Re: The Trend is Your Friend on Breakout Days

Kevin T. — Wed, 02 May 2012 20:26:08 -0000

Scott, interesting that the retracement to the overnight low was also a 50% fib retracement from the overnight high of 6.29, to the 10:00 am low at 6.1775. Aren't numbers great?

Re: Swing Trader’s Insight Futures Watch List for December 13

Baas9403 — Tue, 13 Dec 2011 14:33:08 -0000

Sugar (SBH2) just posted its fourth consecutive inside trading day and today's close is one tick shy of being the NR7. Conventional wisdom suggests that you bracket the previous day's high and low for a breakout trade. I see in your update today, that you cite the .60 cent intraday high and I was curious as to why you latched on to that high relative to other highs and wanted to ask if you could expand further on your with respect to your take on sugar.

Re: Trading Impulsive Moves in eMini S&P Futures on Breakout Days

TraderTopGun — Sun, 16 Oct 2011 08:30:07 -0000

The 1203.75 you have in your chart was NOT the Previous High for Oct 11. That high was made during the Globex overnight session at 6:30am !
The correct " Previous Session High" was 1194.75.The breakout occurred during the European session at 4 am est.

Re: Trading Impulsive Moves in eMini S&P Futures on Breakout Days

heccis — Thu, 13 Oct 2011 10:50:16 -0000

Scott...
Can I open a Roth IRA account with you..,
what are margins in NQ YM and minimum fund reguirements

Have not heard any critic from you on my Heccis book you asked to see
Hector Cisneros

Re: How to Use the Overnight Range to Trade Soybean Futures

TraderScott — Wed, 07 Sep 2011 09:42:13 -0000

Thanks Steve. That was a good example of why I like to trade the grains - the late open and divided session make it easier (sometimes anyway) to identify setups and act on them. You can also watch the AM stock market open in the same fashion. The delineation isn't as clear but the market's tone often changes when the cash market starts up.

Re: How to Use the Overnight Range to Trade Soybean Futures

Sopo5 — Wed, 07 Sep 2011 07:23:37 -0000

Scott, very good article. Always several ways to look at every trade.

Re: Buy the Rumor, Sell the Fact in Stock Index Futures Today?

TraderScott — Mon, 29 Aug 2011 11:06:46 -0000

That indicator is the 3 period RSI of 2 period ROC. It's what Linda used for a momentum oscillator, for insight into where you are in the TTT cycle. I can create it in Futuresource, it's the RSI applied to the ROC indicator. I'd guess you can replicate it in eSignal, but it's been a while since I've looked at it.

Re: Buy the Rumor, Sell the Fact in Stock Index Futures Today?

K. van Soest — Sat, 27 Aug 2011 07:26:42 -0000

Dear Mr. Hoffman,
I am following yr. blogs with great interest and
I am testing whether this finally could be the right set up for me.
However I was wondering about yr. RSI setup with parameters 2 + 3.
What do they mean.
I have eSignal charts and I can choose the lenght and the source.
Would be kind to answer this, so I can understand yr. setups better and follow them here. Good Luck and hope to become yr. customer later.
Yours,
Kees

Re: About Me

Dorothy — Wed, 06 Jul 2011 14:31:16 -0000

Hi Scott,

I'm hoping you may be able to help me. I'm currently doing a confidential search for a Commodities Broker-Agricultural Consultant to join an independent, full-service commodity brokerage firm in beautiful South Florida. I was wondering if you knew anyone that maybe interested in this role and if so, could you please forward this email on or provide me with the persons contact information.

We pay a generous referral bonus if you know of someone and send them my way:)

Also, what is the best way to find brokers who are looking for a job or a new opportunity?

Your assistance is much appreciated, have a wonderful day!

Sincerely,

Dorothy Sliwicki

Executive Recruiter
dorothy@greenlightstaffing.net

Re: Another Look at Alternate Entries for Breakout Futures Trades

TraderScott — Wed, 15 Jun 2011 10:13:47 -0000

Paul-

You're absolutely right about old highs and lows. A majority of my entries and exits involve old highs and lows - tests, violations, reversals through them. The utility of the Taylor Trading Technique lies in its ability to anticipate what a market will do at these points then trade accordingly when the market does what you anticipated.

I generally am looking at more recent chart points than you; I think you should give more weight to data the more recently it occurred (kind of like how the data series is weighted in an EMA). In the end, we all have to find what works for us.

Thanks for the comment. Any other big highs and lows to keep an eye on in the next day or 2?

Re: Another Look at Alternate Entries for Breakout Futures Trades

Paul Guzowski — Tue, 14 Jun 2011 18:41:26 -0000

The strongest indicator " almost 100 % certain ". that cotton was just about to take a dive, is the almost perfect double top formed with the previous high in 1982. The larger the time between double & triple tops the greater the reaction.

July Soybean oil has come off a double top, followed by another double top under the first double top. Expect a nice correction with pyramiding opportunities in both corn & soyoil.

Too few traders study their weekly charts, which identify long term pressure points for long term trades.

Happy trading !

Paul G.

Re: Occam’s Razor and Futures Trading

Kevin Thomsen — Mon, 06 Jun 2011 16:34:48 -0000

Great post- simpler IS better. I recall listening to one of Linda's presentations, and she stressed the point that no TV, newsletters, newspapers or other input is allowed into her trading room. I have laid my trading room our very carefully, even color choices, to make it the most serene and calming room I can.

Re: Using The Taylor Trading Technique and Trend Bias to Trade Stock Index Futures

Patrick Godefroi — Wed, 01 Jun 2011 12:18:10 -0000

Dear Mr Scott
i would like to subcribe to the Taylor trading technique as you show above
Patrick Godefroi

Re: eMini S&P Futures – At an Important Juncture Today?

K Vansoest — Thu, 19 May 2011 10:37:00 -0000

very interesting approach and you apparently, so far, are right.
Kees van Soest - Germany

Re: How to Pick Which Futures Market to Trade

Kevin Thomsen — Tue, 17 May 2011 15:20:57 -0000

Great article- thanks for posting.

Re: A Taylor Trading Technique Sell Day Becomes Something More

Stock Tips — Mon, 16 May 2011 05:40:35 -0000

I absolutely adore reading your blog posts, the variety of writing is smashing.This blog as usual was educational, I have had to bookmark your site and subscribe to your feed in feed. Your theme looks lovely.Thanks for sharing.
Stock Tips

Re: About Me

Nathan Cob — Sun, 15 May 2011 07:39:04 -0000

checkout www.algo-mentor.com
cheers,
Nathan

Re: Breakout Trades in the Soft Commodity Markets

commodity market — Sun, 01 May 2011 02:29:13 -0000

I really appreciate your post and you explain each and every point very well.Thanks for sharing this information.And I’ll love to read your next post too.
regards

commodity market

Re: Don’t overthink things when trading

TraderScott — Thu, 28 Apr 2011 10:13:07 -0000

David-

I'd be happy to discuss your trading. Email me: shoffman AT danielstrading.com to get things started.

Re: Don’t overthink things when trading

David2490 — Wed, 27 Apr 2011 01:59:21 -0000

dear scott
wish i knew how to use your system just a novice need help dont know where to turn

Re: Today’s Volatility Breakout Trade in the eMini S&P Futures

Steve — Mon, 18 Apr 2011 12:28:31 -0000

Real life example.

Re: Buying the Rumor, Selling the Fact in Futures Trading

sharo — Sat, 26 Mar 2011 16:48:01 -0000

please tel me if i start with 5000 Dollar How much every year
Thank you

Re: Swing Trader’s Insight Futures Watch List for March 11

TraderScott — Fri, 11 Mar 2011 10:02:31 -0000

Heh. Last night I thought we'd be figuring out what would be rebounding from yesterday's break, watching the Middle East and college basketball. I guess we'll know a bit more about oceanography after today.