[/caption] Good Morning Traders... Here are today's Pivot Points . LSE opening in a few minutes FXDMG Forex trading - live day trading course and currency trade room.
Tuesday, April 13, 2010
Forex Day Trading Room
[caption id="attachment_806" align="alignnone" width="300" caption="FXDMG"][/caption] Good Morning Traders... Here are today's Pivot Points . LSE opening in a few minutes FXDMG
Forex trading - live day trading course and currency trade room.
[/caption] Good Morning Traders... Here are today's Pivot Points . LSE opening in a few minutes FXDMG Forex trading - live day trading course and currency trade room.
Forex Day Trading Room
EUR/USD [caption id="attachment_800" align="alignnone" width="300" caption="FXDMG"]
[/caption] Above is a 4 hour chart of the past month. The white line and the dashed line are almost on top of each other and represent the price action and the Pivot Point for the 4 hour chart. A little over an hour from the New York opening and not a lot of activity right now but we had a few good kicks at the can. The Market stayed nicely between the BB and was easly caught on the 1, 5, & 15 min charts. There are 5 news items coming out at 12:30 GMT (16 min from now) and I think we will stand aside until after. FXDMG
Forex trading - live day trading course and currency trade room.
[/caption] Above is a 4 hour chart of the past month. The white line and the dashed line are almost on top of each other and represent the price action and the Pivot Point for the 4 hour chart. A little over an hour from the New York opening and not a lot of activity right now but we had a few good kicks at the can. The Market stayed nicely between the BB and was easly caught on the 1, 5, & 15 min charts. There are 5 news items coming out at 12:30 GMT (16 min from now) and I think we will stand aside until after. FXDMG Forex trading - live day trading course and currency trade room.
Forex Day Trading Room
EUR/USD PIVOT LEVELS for April 14, 00:00 GMT Pivot Woodie Fibonacci R3 1.3790 1.3776 1.3741 R2 1.3741 1.3734 1.3693 R1 1.3664 1.3650 1.3663 P 1.3615 1.3608 1.3615 S1 1.3538 1.3524 1.3567 S2 1.3489 1.3482 1.3537 S3 1.3412 1.3398 1.3489 Good Morning Traders... Today I thought I would put in Resistance and Support levels and Pivot point. We are currently at 1.3599 and price action is basically at the pivot point. Today we are riding above the 34 & 89 EMA but it is too soon to tell if we have any direction in the market. A light news day but you may want to check with your favorite news service to see if there is anything that you would want to be out of the market before its release. FXDMG
Forex trading - live day trading course and currency trade room.
Forex trading - live day trading course and currency trade room.
Monday, April 12, 2010
S&P 500 Emini Day Trading Gap Tuesday April 13, 2010
S&P 500 Emini Futures Day Trading THE GAP [caption id="attachment_2184" align="alignleft" width="493" caption="S&P 500 Emini Day Trading Gap Tuesday April 13, 2010"]
[/caption] S&P Emini 500 Futures traded in an extremely narrow 5 point trading range today. Volume was light at 1.25 million contracts. Direction is still up, but shows a great deal of weakness with the lack of volume. The index may still test 1200, but expect strong resistance at that level. The daily averages are moving in a bullish sweep on the daily chart with volatility constricting. It still looks to correct to the downside sharply after a test of the 1200 level.
S&P 500 day trading course
[/caption] S&P Emini 500 Futures traded in an extremely narrow 5 point trading range today. Volume was light at 1.25 million contracts. Direction is still up, but shows a great deal of weakness with the lack of volume. The index may still test 1200, but expect strong resistance at that level. The daily averages are moving in a bullish sweep on the daily chart with volatility constricting. It still looks to correct to the downside sharply after a test of the 1200 level. S&P 500 day trading course
Forex Day Trading Room
EUR/USD [caption id="attachment_791" align="alignnone" width="300" caption="FXDMG"]
[/caption] Good Afternoon / Morning / Evening or what ever your time zone... I thought I would show you a 4 hour chart with pivot points on it. It has just updated from the last bar and you can see that it can be very helpful if you are looking for Support & Resistance levels. There are many web sites that offer a free calculator for these levels, and the one that I use is at http://www.dukascopy.com/swiss/english/marketwatch/pivot/ They show the Pivot, Woodie and Fibonacci on the same window. Hope this is helpful. P.S. Nice retrace since opening. $$$$$ in the bank. FXDMG
Forex trading - live day trading course and currency trade room.
[/caption] Good Afternoon / Morning / Evening or what ever your time zone... I thought I would show you a 4 hour chart with pivot points on it. It has just updated from the last bar and you can see that it can be very helpful if you are looking for Support & Resistance levels. There are many web sites that offer a free calculator for these levels, and the one that I use is at http://www.dukascopy.com/swiss/english/marketwatch/pivot/ They show the Pivot, Woodie and Fibonacci on the same window. Hope this is helpful. P.S. Nice retrace since opening. $$$$$ in the bank. FXDMG Forex trading - live day trading course and currency trade room.
Sunday, April 11, 2010
Twitter Weekly Updates for 2010-04-11
- S&P 500 Emini Day Trading Gap Monday April 5, 2010: S&P 500 Emini Futures Day Trading THE GAP S&P 500 Emini Day Tr... http://bit.ly/btHYuf #
- $eurusd $fx #currency managed funds Twitter Weekly Updates for 2010-04-04 #
- #sp500 #daytrading in #montreal http://www.moneymakeredge.com/blog/trading-course/daytradingcourse-montreal-training/ #futures #investing #
- S&P 500 Emini Day Trading Gap Tuesday April 6, 2010: S&P 500 Emini Futures Day Trading THE GAP S&P 500 Emini Day T... http://bit.ly/cfHEor #
- $eurusd $fx #currency managed funds Forex day trading room dollar strengthens #
- $eurusd $fx #currency managed funds Forex Day Trading Room [...]
Forex trading - live day trading course and currency trade room.
Forex Day Trading Room
EUR/USD Top of the Morning and Top of the Week Traders... If you haven't look at your charts yet... expect a big surprise. EUR/USD rose to over 1.3650 over the weekend. We are still tracking down what forced the jump BUT it is my opinion that the spike we saw at the opening of NY on Friday was a prelude to what was being planed. Currently the pair is at 1.3625 after my charts geared up for the weeks trading and I will be very interested in hearing what the pundits have to say as to the reason. So far it has been attributed to Greece being guaranteed a bunch of money but there is something more I am sure. Well... as they say, let the games begin. Good trading this week everyone and keep your eyes open during news this week as you may want to stand aside while anything major is being released. I will try to advise when I see anything. P.S. The 4 hour chart clearly shows a double bottom at 1.33 the figure, that started last Thursday. FXDMG
Forex trading - live day trading course and currency trade room.
Forex trading - live day trading course and currency trade room.
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