Day reading course - rebound and consolidation

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day trading course

Day trading course - bearish

Day trading course l 866-640-3737 l Day trading education

Trading the S&P500 emini futures contract in the S&P500 day trading course live room.

Price has been trending down and ranging between the 50SMA and the support level of the downward channel.

At this time price is testing resistance at 1093. If there is a breakthrough the next level of resistance is at the 50SMA and then onward to 1111. It could head upward to the next resistance at 1128, which is close to the top of the trendline. If the resistance proves strong expect testing of support at 1084.

Trade What You See

day trading course

Day Trading Course|866.640.3737|learn how to trade stocks and futures

Day Trading Course|866.640.3737|learn how to day trade stocks and futures.

We will be training in Montreal in two weekends from now and would love you to join our community.  We offer support in English, French and Japanese.  Let's take a look at the S&P500 emini futures for an indication of where price might go.

Day traders have sold the S&P500 to support.

Sellers have moved this market down to 1119.50 creating a temporary support on this bearish move down.  We have a price failure to the resistance at 1128.50 with sellers following through with more pressure to support again. Point of control, where the buyers could take the direction for the day is above 1128.50  area.  Watch for a re test of this area in the opening hours if the support holds to the regular market open.

Remember traders, if you do not see a signal, don't trade remember your foundation from the day trading course.

A lot of traders have increased their exposure at these levels while the smart money has decreased trade size and will add on once they have direction.  There will be a lot of victims off this next move in either direction. Bearish action could push through to new swing lows.  Our first resistance to the downward pressure or sell is around 1110 which is a previous swing low.   There is more of a psychological support at the 1100 range where investors will be screaming "oh no!" I wish I would have sold earlier and then dump into a sell off.  Good for those of us with the accounts and the ability to short in to [...]

day trading course

Day trading course Stocks and futures

Day trading course stocks and futures, Congratulations to all our new Edmonton Day traders and Calgary day traders.

Fantastic course we look forward in supporting you to your financial goals in trading.  Let's take a look at the S&P500 emini futures. Looking at some support coming in.  Our point of control for tomorrow's move is going to be close to the closing levels.  Sellers are moving in and there is weak volume on the buyers side.  POC is 1159.75. Don't see how buyers are going to be holding support.    If we see a move up to 1169.75 and price failure back through to the point of Control watch for the support at 1142 then 1132.    

day trading course

Day trading course|Calgary Day traders Meetup|403-919-2962

The Calgary day traders are getting together Wednesday evening at Ceili's Irish pub in down town Calgary.

We are going to discuss the day trading course, exposure and risk management.  The Money Maker Edge Day trading course is going to be following on September 24-26.

The S&P500 emini futures contract has been hitting resistance in this area and day traders are watching for the breach below 1192 for a change in direction.

1180 hold the first major support on the S&P500.  1203 is the Point of Control on the daily chart with very weak buying into the highs around 1215 to 1223.  Previously, on the daily chart we can see the swing high hitting a double top with price failure.  

day trading course

Day Trading Course Europe is Collapsing US is Consolidating

Day Trading Course Europe is Collapsing US is Consolidating and we are looking for some type of relief here at the bottom of the bearish Channel.

Support is in and the markets are looking for buyers. 1170 is the major area of resistance on this move up.  Day traders have held resistance here and if we consolidate and close into this level there is a good chance tomorrow we could see a reversal and retest to the supporting trend line on the bearish channel. The buyers are in Control in to the close with 1160 the point of control.  Tomorrow we are looking at a point of control around 1168 for the move up to 1180.  There is some resistance here and we could see a fight to push through the 1200 mark.  If we get price failure in this area watch for a sell off.

Price is the key factor in the Day Trading course offered in Edmonton and Calgary this next two weekends.

Are biggest consideration is how price moves and where it finds support and resistance.  We are not concerned about a bull or bear market.  We watch price to see the potential moves available to the trader.  If you don't see the direction, there is no reason to trade.  If you don't have a target for your trade, you are just throwing money into the market. As a trader you know this is high risk and if you manage your risk first, understand an executable entry, and have clearly defined targets you can make money in the markets. Most traders trade with out w [...]

day trading course

Ron Paul's Recommended Reading on Foreign Policy

Ron Paul recommends these books on Foreign Policy.  He recommended them to a few Politicians, especially  Giuliani.  The Question is, "Can he read?" The 9/11 Commission Report                   Blowback: The Costs and Consequences of American Empire by Chalmers Johnson                   Imperial Hubris: Why the West is Losing the War on Terror by Michael Scheuer (the former Chief of the CIA's bin Laden Unit, Alec Station)                   Dying to Win: The Strategic Logic of Suicide Terrorism by Professor Robert A. Pape of the University of Chicago

Joel Wissing - living life expressed