Trading Day Thursday, August 6th

Hello Traders, Well today was an interesting day in the market. We started with a 4 point gap up to open at 1004.50 and within a few minutes reached the high of the day at 1005.75. It then went back to fill the gap and then some which eventually led to the low at 989.75. Developed a downtrend on the 5 min chart and closed still in that trend at 994.50. If you will look at a 60 minute chart it has closed below the 100 moving average that has been acting as support for the last few weeks. Tomorrow Unemployment figures are released before open so we will see how the market reacts to those. Have a good trading day.
LauraQ


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 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.

Trading Day Wednesday, August 5th

Hello Traders, Wow can any say "seesaw"? Down, up and down. Well today opened within 3ticks of yesterdays close at 1003.25 and immediately filled the tiny gap. Also continued on down to hit the low at 991.25. Hovered there a bit and came all the way back to within 1 tick of the high at 1004 just to sell into the close to end the day at 999.75. That's about a 13 point trading range on the day. Looking at a 60 minute chart it has not broken thru its 100 simple moving average that has acted as support for the last couple of weeks. We shall see what tomorrow brings. Take care out there and remember to always use stops.
LauraQ

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.

Trading Day Tuesday, August 4th

Hi Traders! Well today was a bit squirrely. A little down, a little up and mostly sideways. Started the day with a 4 point gap down at 995.50. Got to the low in the first 5 minutes at 993.25. Turned and headed up on a nice uptrend to reach the high at 1004. Retraced a little and made a decending triangle just to break to the upside and ended the day near the high at 1002.50. Just over 10 points in the trading range today. We will see what tomorrow brings. Have a good one!
LauraQ


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.

Trading Day Monday, August 3rd

Hello Traders, Just an up, up and away Monday today. Opened with a full 10 point gap at 994 and retraced just to 988.75 which was also the low of the day. Then just kept marching its way up to hit the high at 1001. Took just a little bit of a dip and closed at 999.75. It has been a while since we have been at the 1000 mark. We will see what tomorrow brings. Remember to always trade with stops.
LauraQ

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.

Trading Day Friday, July 31st

Hello Traders, Choppy, choppy, choppy day in the market today. It is just move around between points here. Started that day with an open almost exactly at yesterdays close at 982.25. Got to its low withing the first 40 minutes at 979.50. Moved sideways most of the day and reached its high at 990.50 30 minutes before close just to sell off in the last minutes and close at 983.50. It partially filled the gap from Thursday morning which is at 972.25 to close it. Hope you have a great weekend and always trade with stops.
LauraQ

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.

Trading Day Thursday, July 30th

Hello Traders, Wow!! What an exciting market day today with a good bit of movement in both directions. The market started off with a 11.5 point gap to the upside to open at 983.75 and quickly reached its low of the day at 981.50 which did not close the gap but only made a minor dent in it. Within the first hour got to its high at 994.00 and move sideways into a "wedge" pattern. The last half hour of the day it broke thru the bottom of the wedge and headed back down to where it started to end the day at 982.50. One of the interesting things about the move down late in the day was the volume pickup as it did it. This morning volume move up was at 75K contracts in comparison to the move down which was at 85K contracts. Hum!! Looks like that gap is soon to be closed. We shall see what tomorrow brings. Have a great day and remember to always use stops.
LauraQ


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.