What is the best way to trade the EMF Alerts?
The stats we use in the updates for the alert service are just based on entering at or near a 40 minute high (short) or low (long). It is a simple approach. The alerts as is the case with all EMF product, its a tool. You could also do well fading previous day’s hi/lows in the direction of the alert. For example, know the globex high/low, the previous day’s hi/lo and the zone around both 15 minute and 60 minutes range after the 930AM (eastern time open). Today was a great example (12/11/08). The globex high was 899.50 at the time of the alert; 25 points of gain on the short trade if closed at the close of the day. Yesterday at 10:30 it triggered a long alert (12/10/08). You could have bought at the globex low of 888.50 and held to the close for 18 points of gain. To be honest, we did not claim this kind of gain and report a much more conservative level, but it certainly was attainable using these methods. This method of choosing support and resistance levels is incredible and is used by
