Tuesday, March 8, 2011

Day trading course S&P500 day traders education

Day trading course S&P500 day traders education  looking at the S&P500 emini futures on a 480 min chart for direction. [caption id="attachment_3548" align="alignleft" width="300" caption="Day trading course S&P500 day traders education"]Day trading course S&P500 day traders education[/caption] Looking at the S&P500 emini contract we are coming into an continuation pattern on the Longer term intraday trading charts. In a bullish channel when the price action breaks to a pennant form we are looking for a break from tho point of control at 1320. and a break  of the supporting or resistant trend line. Watch for resistance at 1335 then previous swing high levels at 1343-5 and then a move to the midterm target of 1365 and the extreme high of 1385 which would be an equidistant move on up. For support the previous long term target we carried from the bottom to 1265 which I am expecting to act as an extreme low until the Quantitative easing is finished. Will post a shorter term chart with daily targets tomorrow AMbefore the session begins. Remember One of the biggest battles one fights is not with the outside world (the markets) but getting congruent with the inside world (yourself).  JW Money Maker Edge Trading course.

S&P 500 day trading course

Thursday, March 3, 2011

Day trading course Montreal Day trading course April 2-4

Day trading course Montreal Day trading course April 2-4 [caption id="attachment_3542" align="alignleft" width="240" caption="Day trading course Montreal S&P500 day trading course"]Day trading course Montreal S&P500 day trading course[/caption] Money Maker Edge is having a three day live seminar in Montreal, Quebec April 2-4, 2011. There will be two days of intense training and one day of live trading with a professional trader. The emphasis of the day trading course is to get fundamental skills for Mastery, there is 13 weeks of follow up and a live trading room included so you don't have to trade alone. Have you noticed that most investors have ended up being a victim of the markets? If you have ever been interested in controlling your own finances and not leaving your investments in others hands, join us for a three day live training seminar in Montreal, Quebec April 2-4, 2011 where you will learn how to get back financial control of you r investments. S&P 500 emini futures Training will be held with a small group of 10-20 traders. The day trading course includes: [caption id="attachment_3543" align="alignright" width="300" caption="Day trading course Montreal S&P500 day trading course"]Day trading course Montre  <a href=[...]

S&P 500 day trading course

Day trading course S&P500 day trading course Resistance

day trading course S&P500 day trading course 60 min 3-4 [caption id="attachment_3538" align="alignleft" width="255" caption="day trading course S&P500 day trading course 60 min 3-4"]day trading course S&P500 day trading course 60 min 3-4[/caption] Point of control on the 60 min chart is 1331.75 as we are approaching this resistant trend line. Prevcious swing high resistance at 1336.25 then the previous highs of 1343. Looking for a break above to 1348 then major resistance at 1352 and then 1363-5. The S&P500 emini future has been making moves through support and resistance in the after hours setting up break outs from the open. Watch for after hours move through the resistance. Support is coming in fairly close to these highs which could be a good zone for them to get the momentum to approach this ceiling if we don't get through in the after hours. If price breaks through 1323-25 area would be looking for support at 1314.25 then 1303, 1295-97 with an extreme low of 1289. day trading course S&P500 day trading course 60 min

S&P 500 day trading course

Day trading course S&P500 day trading course weekly chart targets

Day trading course S&P500 day trading course weekly chart targets [caption id="attachment_3534" align="alignleft" width="297" caption="Day trading course S&P500 day trading course weekly chart targets"]Day trading course S&P500 day trading course weekly chart targets[/caption] S&P500 emini futures is showing a weekly chart with a test down and some price failure. Looking at this range and having stayed above 1300 support the point of control for this week is 1326.25. If we aren't able to close the week out above 1342 and close around the point of control we might have another week in this consolidated range. Oil prices are pushing domestic gasoline prices up. If this keeps its momentum and oil prices increase we could see another small hit to consumer spending. Price inflation seems to be breaking out. How this will reflect on the S&P500 is yet to be seen as there is normally a quarter lag to any price inflation on the S&P500. Support is coming in at 1298-1302 with further support at 1260, then 1180. 1360-65 would be an equidistant move up from 1000. Could get a little choppy here. Join us in Toronto this March 26-28 for a three day day trading course. Day trading course S&P500 day trading course weekly chart targets

S&P 500 day trading course

Tuesday, March 1, 2011

Day trading course S&P500 day trading course price collapse?

Day trading course S&P500 looking at areas of support and resistance on the S&P500 emini future price action. So the big question is: Is the Market going to experience a sell off at these levels? Is the sham of our increasing market valuations just a reflection of dollar value or Fed purchases of bonds and the subsequent purchase of equities by the brokers holding against the bonds. Let's look at the charts. [caption id="attachment_3531" align="alignleft" width="300" caption="day trading course S&P500 "]day trading course S&P500 [/caption] The S&P500 has a lower high with price failure on the second move up. Historically we can see in other charts that this pattern has shown up more on a longer period chart. If this was the daily chart I would be looking for the collapse after a bit of consolidation a further retrace. As it stands there is no fear until it breaks some more key levels with a bit more commitment. Sellers are not selling off, they are settling accounts and washing out some of the short term investors that have been buying in at these "safe levels" . When we see a bit more of a sell off, I will be checking buyers commitment at lower levels. Interesting to see that the moves down on the S&P500 emini future are after hours and create an easy path way for price to move through after the open. We have a few open gaps here and would not be surprised to see some early am retracement to 1309 amt 1321-22 area. This would make it easy for the approach on previous highs later this week.

S&P 500 day trading course

Thursday, February 24, 2011

Nasdaq shows continuation to downside

Nasdaq shows continuation to downside as we approach double bottom. [caption id="attachment_3528" align="alignleft" width="300" caption="Nasdaq shows continuation to downside "]Nasdaq shows continuation to downside [/caption] watching for price failure on the way down for an inverted head and shoulders for buyers to gather some steam. The sellers will have to really commit to get through here.

S&P 500 day trading course

Wednesday, February 23, 2011

Day trading course S&P500 short to 1298.25

S&P500 day trading course short to 1298.25 [caption id="attachment_3522" align="alignleft" width="300" caption="S&P500 day trading course move to 1300"]S&P500 day trading course move to 1300[/caption] Oil going up, silver and gold following. Watching for the 1298.25 level for support then 1288.25. Libya could keep this going as OPEC does not have capacity to make up for it. America can be getting ready for $4.00 a gallon again.  Economist are using the ambiguous terms to describe this major transition we are watching in N.Africa and the middle east.  If Saudi gets hit with demonstrations, watch out. 1300-1302 will be heavy support.  If all else fails wait for the fed to start buying.  At least Goldman will be making money.

S&P 500 day trading course