S&P 500 Day Trading Course Gap for Aug 17, 2009 Learn How to Trade

Bit of a dip today, opening at 1010.25 we opened at our close from yesterday. From open we instantly hit our high of 1011.50, then moved down for the entire morning dropping 18 points from open to our low of 992.25 before lunch.

Our intraday range today came in at a respectable 19.25 points, while our gap of 1010.25 was closed on opening. Have a great weekend!

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S&P 500 Day Trading Course Gap for Aug 14, 2009 Learn How to Trade

Hello Money Makers! Today we traded what turned out to be a sideways day again. We did have some good chances for some 4pt, 5pt, and even better trades (which I hope we all caught), but at the end of the day our open of 1008.25 and our close of 1010.25 end up only being 2 points apart.

Our 1012.00 high and 998.00 low did offer us a decent 14 point range in which to make some moves, as well as took care of our 1003.50 gap from yesterday's trading.

Have a good day trading tomorrow as we head into another weekend!

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diverging topside wedge, learn to trade S&P 500 emini futures

http://www.moneymakeredge.com/blog showing the elliot wave and a diverging wedge for the resistance on the bear trend we are in. Break to new highs or retrace to lower levels.

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.

S&P 500 Day TRading Course Gap- for Aug 13, 2009 Learn How to Trade

What a day today! Not what some were expecting, but then again what is that saying about assumptions?? We opened at 990.75, not really going anywhere from yesterday's 992.50 close. Within minutes we hit our low of 990.50, filled the gap and continued up, up, up, and up.

We hit our high of 1011.25 this afternoon and closed back down a little at 1003.50. giving us a daily range today of 20.75 points! A full retracement of our overnight 1011.00 high from the 11th. It also closed our Aug 11 open gap at 1005.50.

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.

S&P 500 Day Trading Course Gap for Aug 12, 2009 Learn How to Trade

Today the market relaxed from its recent climb up opening at 1000.75, down 4.75 points from yesterday's 1005.50 close. Trading took us to an immediate high of 1001.75 then continued to relax to a low of 990.00 where it hit support and consolidated for the remainder of the day and closed at 992.50.
Today's trading gave us an overall range of 11.75 points from high to low and left our gap open at 1005.50.

Let's see if this retracement continues tomorrow, with a break through support at 990 our next level of major support is in the 982.00 area. We could see another drop in trading tomorrow, results from Fed's minutes and Treasury budget scheduled for tomorrow may have an effect. Then again.... maybe not. Only one way to find out..... See you at the starting line!

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.

SP 500 day trading course Aug 11

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.

S&P 500 Day Trading Course Gap For Aug 11, 2009 Learn How to Trade

Open today came in at 1003.00, down 4 points from Friday's 1007.00 close. Today was mostly consolidated hitting a high of 1007.75 and a low of 998.25, leaving us a range of 9.5 points.

Today we closed trading at 1005.50, making only 2.5 points gain from open. Today's 1007.00 gap from Friday was filled.

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.