The EminiPlayer.net trading service by Awais Bokhari offers daily trade plans, support/resistance zones, and a daily recap video focused on the S&P500 e-mini futures market. This review will cover all of those products and conclude by listing the pros and cons of the service.
Eminplayer zones example
Daily Trade Plan
Awais religiously posts his trade plan at 9am ET. His trade plan consists of a video of ~5m, his ‘Trader Worksheet’, and a file containing his manually selected support/resistance zones.
It should be noted that Awais trades a market profile style trading methodology that focuses on having large reward to risk ratios by identifying the key support/resistance zones where the market is likely to turn.
The Daily Trade Plan is only a few minutes long, but is quite informative. Awais briefly discusses the recent market action and the different scenarios he expects to play out in the market and how to play them. He may say something like ‘A break below 2800 would indicate the bears are in control, while holding above that level is a bullish confirmation.’ He’ll also point out the key zones where he thinks buyers or sellers may be active.
The Trader Worksheet lists the short, medium, and long term biases for the day, some information about average ranges for the past few days, and his manually determined support and resistance zones, including some explanations for why he created a zone at a given price level. For example, one zone might say: 12/08 High of day, volume point of control.
You can look at the Trader Worksheet to plot support and resistance on your chart, or you can download the zones file and use an indicator to plot the zones on your chart. He sells a separate indicator for NinjaTrader that will read the file and plot the zones, and there are other ways to use the data in other software packages.
Daily Recap Video
Every weekday, Awais uploads a ~10 minute recap video. In this video he briefly summarizes the trade plan posted before the open, and then discusses how the market action played out with respect to the trade plan. Most importantly, he points out the trade entries he saw, the reasoning behind the entries, and where and why you should have exited the trade.
Some traders may get the most value from the support/resistance zones posted each morning, but other traders, especially those trying to learn Awais’s methodology, will likely find the recap videos to be the most valuable part of the EminiPlayer service. It’s very helpful to be able to see the thought process of a professional futures trader and compare it to your own thought process as you traded the same market action.
Our main criticism of the recap video is that sometimes Awais doesn’t go into enough detail about the reasoning behind individual trades. He almost always gives some reasoning for the trade, but sometimes you may have noticed certain warning signs that made you skip a trade, but he doesn’t always talk about those factors and how they figured into his read of the market. However, many variables for any given trade, and it is unreasonable to discuss all of them for every trade.
Other Website Features
Another nice feature of this service is the ability to research past market action. Everyday, the trade recaps have a screenshot of the 5m chart of the S&P emini and the posts are tagged with all the relevant information for that day. Tags can include: fed day, trend day, normal variation, crude inventory report, nonfarm payrolls, etc.
If you want to get an idea how the market behaves on fed days, you just click the tag and you will get a list of every fed day for the last several years and quickly view the price action on those days.
Summary
EminiPlayer.net is a trading service offering daily trade plans, support/resistance zones, and recaps from a professional S&P500 futures trader. He manually determines his support/resistance zones each morning to incorporate the overnight price action, and his zones are very good at pinpointing market turning points. His morning trade plan does a good job of laying out the current market context and likely scenarios for the day in only a few minutes.
The daily recap video helps you to understand his thought process throughout the day, and the primary trade setups for each day. Most days there are 1-4 trades that he highlights and goes over.
The EminiPlayer.net service is not expensive on an absolute basis ($97/month), but may be over-priced compared to other services at a similar price point. For example, for $100/month you can get subscriptions to many all-day trading rooms such as BrooksPriceAction (see our review).
Pros
- Support/Resistance zones seem to work very well
- Awais sometimes seems to have an uncanny ability to highlight market scenarios that end up playing out
- Trader Worksheet is helpful and nicely laid out
- Awais and the EminiPlayer service overall comes across as very professional
- The tagged website archive is a great research tool
- Not expensive ($97/month)
Cons
- The methodology is not always clear
- Awais sometimes doesn’t explain his reasoning for taking/not taking a trade in enough detail
- The service is arguably over-priced compared to what you get from other services at a similar cost