Day trading course - consolidation

[caption id="attachment_4623" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. After a steep decline there was support that held at 1243 with a subsequent cosolidation channel with range of support at 1244.50 to resistance at 1249.75. Then 50% retraction to resistance level at 1255.50 to 1256. Now in consolidation in this area. If buyers come in and break the resistance at this level the 1st target is 1257.75 onto next level at 1261. Buyer pressure could drive price back up to test resistance at 1263.75. If resistance holds, sellers could come in to drive price back down to test support at the 1st target of 1251. If this support level is to break, the next level to test would be 1249.25 onto 1247, then to the lower price target of 1244. Trade What You See

day trading course

Day trading course - testing resistance

[caption id="attachment_4619" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. There has been a bullish movement with a strong resistance level at 1263.50 to 1264. If there is a retraction and the sellers come in, next support level is at 1261. If that support level breaks through the next level is 1259.50 onto 1258.25. The next support levels are 1257.25, 1255.50, the bottom trendline, 1254.25 then onto lower range of 1249.50. If the buyers keep coming in, the pressure will keep driving price up to test the next level of resistance at 1268.50, 1279 and onto the outer target of 1283.75. Trade What You See

day trading course

Day trading course Christmas Rally market gets lift

Day trading course Christmas Rally market gets lift and rallies on light volume.

The S&P500 emini futures bounced off of support here for a light volume move to 1234.  After the constant grind of Europe working to get some footing, the markets get a little respite in the form of a couple hundred billion from the IMF.

Day trading course focusing on the S&P500 emini futures support and resistance and day traders getting direction in the market.

The first area of support is at yesterday's close 1196.25 on the emini futures.  The range of 1266.50 to 1195.25 gave us a 70 point range with the first area of resistance on a rally up to 1231.  After some consolidation around the Point of Control 1220.25 buyers took control and moved the market to the upside.  We are approaching the first major resistance on the long term 200ma (in red) at 1241 area.  Not expecting movement above here but if the sellers come in at the close, we will be watching for a test to the resistant trend line around 1260. Remember this is Christmas week and "supposedly" all the big money is on vacation.  Although if they are in vacation we would have seen a bigger sell off last week to settle positions.  The big money is still around, watching as money flows in to the debted coffers of the European banking system.  This has given some short term relief for the Euro and pushed the dollar index down. [...]

day trading course

Day trading course - wide ranging market

[caption id="attachment_4606" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. The market has been trading in a wide range between support at 1202 and resistance at 1225. A  pierce and test of support at 1202 followed with a rally up to present levels with buyers pressure to test resistance at 1219.75. If buyers pressure continues and the resistance at 1219.75 breaks through , the next target to test resistance will be 1220.50 to 1222.25 and then on to next target level of resistance at 1223.50. If sellers come in, a reverse to a bearish movement will have price to test the next level of support at 1215.75. If there is a pierce and breakthrough of support the next target is 1213.75, 1209 and then on to 1204 and 1202 respectively. Trade What You See  

day trading course

Day trading course - bearish channel

[caption id="attachment_4601" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room.

day trading course

Day trading course - bear pressure with strong support

[caption id="attachment_4589" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. Due to sellers pressure resistance level is lowering from a high of 1265. There is a strong support level at 1220.75. Now in consolidation with a tight range between support at 1228.25 and resistance at 1233.75. If buyers come the next target of resistance is 1238, if resistance breaks buyers will bring price to test next target at 1244.25. Next target 1255, then 1262.75 onto the next level of resistance at the upper trendline of the channel. If sellers move in to test support, the 1st target is 1227.50 and then onto a strong support level at the bottom trendline of the channel. If support breaks through next level of support is 1206.50 then onto 1202, and from there next level to test support is 1190.75. Trade What You See

day trading course

Stock trading - a few stocks to watch - no entry on swing trade

Stock trading - a few stocks to watch - no entry on swing trade

New pick on the day, First checking the fundamentals on stock trading the symbol QCOR  

Stock Trading Analyzer Result for QCOR

Analysis passed the average estimates test: Current Quarter 0.37, Next Quarter 0.38, Current Year 1.18, and Next Year 1.88 Analysis passed the number of analysts is above 3: Current Quarter 6.00, Next Quarter 3.00, Current Year 4.00, and Next Year 7.00 Analysis passed Earnings History Surprise test, however be warned 4 Quarters Ago is negative : Last Quarter (42.30%), and 2 Quarters Ago (15.00%), 3 Quarters Ago (17.60%), 4 Quarters Ago (-20.00%) Analysis passed EPS Trends test, however be warned: Next Year EPS trends is not all ascending 1.43, 1.42, 1.82, 1.86, 1.88 Current Year (0.96, 0.97, 1.16, 1.18, 1.18), Next Year (1.43, 1.42, 1.82, 1.86, 1.88) Analysis passed Growth Estimate test: Passed Growth Estimate for next quarter (90.00%), next year (59.30%), and next 5 years (42.25%) all above 20%

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Dollar index moving up - Equities moving down - Day trading course

Dollar index moving up - Equities moving down - Day trading course

The dollar index is moving towards a double top at 80.28 with another area of resistance at an extreme high 80.82 .  This is the double top on a longer term chart.  We are using the 1440 min chart for this top to see the after hours movement in the dollar index market. 79.50 was the point of control on the day and buyers are buying.  We have price agreement with a low volume.  There is a possibility this weak buyer foundation in price structure could lead to the future turn around or sell off in the dollar index. The dollar index soaring to this intermediate double top at 80.28 will put down ward pressure on stocks.  We will probably see a push back up on the indexes as the morning progresses to fill the open gap over the weekend.

Dollar index is particularly sensitive to the European negotiations.

December is particularly noted for declining volume and the Dollar index will reflect this.  Watch out for volatile moves as  the Euro has a lot of news behind it that will push these markets around.

Day trading course will be in your area soon, join us for Day trading education.

S&P500 emini futures price action

[...]

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Day trading course - pierce and breakthrough

[caption id="attachment_4555" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. In the afternoon a strong  rally up to test resistance at 1267, with a pullback and move into consolidation ranging between support at 1261.50 and resistance at 1265.50. A pierce and breakthrough of support to drive price down to touch and test the 50MA with a subsequent pierce and breakthrough to test support at 1258.75. Now with a pullback and a price failure to the previous support level at 1261.50. If sellers come in 1st target is 1260, next target is 1258.75. If support gives way the next target to test support is 1254.25 onto 1249.50. The outer level of support is at 1244. If the buyers come back in they will drive price up to test resistance at the 1st target of 1264, then onto next target at 1265.50 and onto the outer level of resistance at 1267.75. Trade What You See

day trading course

Day trading course - wide ranging bullish movement

[caption id="attachment_4552" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. There is a wide ranging bullish price movement with a second touch and test of the support at the bottom trendline of the bullish movement with a closing of a gap that has been open since the close at 12/3. There is now consolidation with support holding at the 50MA. Buyers pressure would bring price to test resistance at 1st target of 1259. Next target is 1262 and outer resistance level is at 1266. If sellers come in 1st target is 1255.25, next target 1251 and if the support level gives way price can go down to test support at the bottom trendline for the 3rd time at 1247. The outer target level of support is 1242. Trade What You See  

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Day trading course - price moves into consolidation - critical decision

Day Trading Course, S&P 500 Price moves into consolidation and the market moves into another position for a critical decision in direction.

Day trading course focusing on the S&P500 emini futures support and resistance and Day trading course  looks at price and direction, the support and resistance and the direction of the market.

Price is sitting on the point of control in the market, can't tell if the buyers or sellers are moving into to establish direction in the market place. At this point, not expecting any serious gaps in the market. We shall see after Europe opens, dependent on what kind of commitment the market has to the "New Austerity policing commission" has for enforcing the measures on Greece, Ireland, Italy, Portugal and soon to be mired in debt Spain. Should be interesting to see how much it is going to cost their economies to enforce this new economic police state....Germans going to do it? Flashbacks could be huge... The S&P500 emini futures have shown some resilience bouncing back to these levels but is hitting resistance on the move up at 1262.75 with the point of control at 1252.50. The after hours market is quite slim on the Asian opening and Europe will give us the first signs of direction. Next are of resistance is 1274.50 and the n 1291.50. Anything above her and we could see another test up to 1340's and even 1360. Is this the Christmas rally wall street is hoping for, how is will little Jimmy [...]

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Day trading course -

[caption id="attachment_4513" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. There has been a pierce and breakthrough of the support at the bottom trendline of the bullish channel. The bottom trendline could prove to be the present resistance level when the market picks up again. If the buyers should enter the 1st target is 1247.25, then onto testing of resistance at the previous support line. If price breaks through resistance, next level is 1255.50. Next level is at 1262.25. If the bears come in 1st target is 1242.25. If support gives way, next level to test support is 1236.25. Trade What You See

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Day trading course SP500 into resistance

Day Trading Course, S&P 500 resistance into consolidation, the bulls could take a break as buyers exhaust. 

After yesterdays huge range, 1183 - 1247.25 buyers are probably exhausted.  Expecting to see some price consolidation at the top.  If sellers step in, they will probably be quite weak wondering if there will be action by the Central bankers to commit after their agreement to support the Euro.  A big misconception is that the US Fed will be supporting the European Bond Market.  The chance that they will be directly buying into the troubled European bond market is slim to none. Day trading course looks at price and direction, the support and resistance and the direction of the market.   Day traders are watching 1242 for the Point of Control.  It seems that in the morning session the buyers had short  term control of the market and it looks like sellers took back control.  There are many levels of support around 1240, would expect there to be a lot of chop and indecision. If sellers have no real commitment on taking this back to at least 1232, we might see this close over 1247 giving a small doji on the day.  This type of indecision could bring a turn for a test to 1232 then 1226 tomorrow with an extreme low on the day of 1211 and 1202 for support. Buyers could close this above 1257, if there is a volume commitment [...]

day trading course

Day trading course - retraction

[caption id="attachment_4458" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. Retraction with a downward move to form a bearish channel to test support at 1183. On upward with buyer pressure to test resistance at top trendline of the bearish trend. Now indecision between 1186.75 and 1188.75. If resistance at 1188.75 breaks through next target is at top trendline. Next target is 1192.75. The next target would be resistance at the former support trendline to 1203. If sellers come in and break through support at 1186.75, next target 1183 and on down to bottom trendline. If support gives way next target is 1179. Trade What You See

day trading course

Day trading course

[caption id="attachment_4453" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. Buyers came in and created a big gap from 1157.25 to 1172 and has been bullish since. At 1196 cosolidation with a subsequent move down with pressure from the sellers. If the support at 1180 gives way sellers will be trying to test the support levels at 1176.25 and 1170.50, onto looking at trying to close the gap. If support levels are strong and buyers pressure comes in, first resistance is at 1188.75 and on its way is the next level at 1196. Buyers could push to test resistance at top trendline of the bullish movement. Trade What You See

day trading course

Day trading course - bear trend continues

[caption id="attachment_4447" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. As we enter the Thanksgiving holiday the bear trend has continued its downward path with a pierce and test of the  support at the bottom trendline. Look for light volume with consolidation in the 1167 to 1178 range. When the market picks up buyers could take price up to test the resistance at the upper trendline with the next target area at 1192.25. If the bear trend continues he first target is 1168 and on down to test the support with a target at 1158.75 and then onto the support at the bottom trendline of the bearish channel. Trade What You See Happy Thanksgiving

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Day trading course -

[caption id="attachment_4441" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. Sellers have price traveling down a bearish channel with a touch and test of support at the bottom trendline around 1180.50. Buyers came into drive price up to test resistance at the upper trendline. There is now indecision with some testing of support in the area of 1191.25. If support gives way at 1191.25 next target is 1185.25. If support gives way next target is 1180.50 and on down to test support at bottom trendline. If support holds at 1191.25 first target is the top trenline of the bearish channel and onto 1200. If price breaks through resistance at this level the next target is 1209 and then will try to fill in the gap onto outer target at 1217. Trade What You See

day trading course

Day trading course- Market at major decision point

Day trading course - The S&P 500, DJ transports and a few other indexes are lookig at a major decision point in the Market.

Greece is gradually being ignored because of the size and turmoil we are seeing in the European banking community over Italy.  Spain is also in the line up for a drubbing as they realize that the basis for real estate loans is whether you have money or contacts.  The appraisal system is almost non existent.  China also is being quite as today we have learned that their mythical reserves are exactly that " a myth" and won't be issuing money to the EU or the IMF to bail out Italy and Greece.  The European central bank could be warming up the printing presses as Italy agrees but does not commit to taking any actions.  Just a reminder, it took Greece almost a year to impose their Austerity measures on the country and their opinion now is that it is too late, so the hair cutting party could be on.

Day Trading Course focuses on key support and resistnace levels and teaches how to see the direction in the market to make profits.

The S&P500 emini futures has tested the 200 Moving Average (in red) on the daily chart three times.  The buyers pushed up three times to break this high but instead were loosing momentum on each try.  Sort of like Greece.  We are gradually headed to the supporting long term trend line where will start to see support coming in around 1205-7 and 1214. Presently the 50MA [...]

day trading course

Day trading course -

[caption id="attachment_4370" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. In the last couple of days there was a rally up to 1275.50 with price holding in that resistance zone. A subsequent move down to test support at bottom trendline. a retraction to present price levels with another pennant forming due to indecision, ranging between support at 1236.75 and resistance at 1239.25. If buyers come in next target is the top line of forming pennant onto the 1248.25 - 1251.25 zone . Outer targets are 1267 onto 1275. If sellers push price down target is 1236.75. If support gives way, next target is 1224.75 and down onto bottom trendline of the long term channel at 1218.75. Trade What You See

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Day trading course - Europe looking to blow?

Day Trading Course, S&P 500 looks like the Europeans have this market on hold- learn how to day trade.

As Europe holds on and the market is pausing.  The  consolidation on these price levels has the market stalled.  The bankers want this to stay here until the holidays are over.  What will the market do here?

Day trading courselooks at price and direction, the support and resistance and the direction of the market.

1254 was the point of control on this move today and we manged to close very close to it.  The futures market is showing buyers moving above to test the highs of the day and might take this to the next area of resistance in the after hours.  Watch for a test to 1263 and return to these price levels in the early morning trading hours. Support on the S&P500 emini futures came in at 1236 then 1242 with 1250 the line in the close to test.  Sellers could not hold resistance at these levels after very short term consolidation the buyers moved in. There will be support at the 1248-52 area and we could see more consolidation.

Day trading coursewill be in your area soon, join us for Day trading

education. The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Day trading coursefocuses [...]

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Day trading course - pennant

[caption id="attachment_4338" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room.

In the AM bulls came in to drive price up to resistance at 1256. Bears took over to drive price down to test support at 1236.50. Right now there is indecision in the market. If the buyers come back the 1st target is 1250, if resistance breaks through next target is 1254.50 and the outer target is the upper trendline of the forming pennant.

If the sellers come back 1st target is 1243.50, if that support level breaks through next target is 1236.50 then onto the next target at 1232.25. If the support gives way the outer target is the bottom trendline of the forming pennant.

Trade What You See

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Day trading course -

Trading the S&P500 emini futures contract in the S&P500 day trading course live room. [caption id="attachment_4312" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] The support at the bottom of the channel has become the new resistance level with a triple top to test the resistance. Price has been ranging from 1237 resistance to the lowest support at 1213.50. Now testing the resistance again with a pierce and retraction to a possiible price failure at 1233.75 target entry if confirmed. If buyers keep the rally going the next target is 1241. If resistance gives way at that level the next target  is going to be 1248. If the sellers come in to reverse the current trend the first target is 1230.25, the 2nd target 1226, next target area of support 1222, 1217 and onto 1213.50. Trade What You See

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Day trading course Day traders course

Day trading course in the S&P500 emini futures learn how to trade, manage exposure and take risk.

The S&P500 emini stalled on its 2 day move down to the present levels just above yesterday's point of Control.  Day traders had low buying volume with an abscence of sellers.  Ending the day in indecision with no price direction.  This could be a stall before an attempt to rally back.  We shall see. We are still in a long term bearish channel off of previous weekly swing highs with a a move up to test resistance around 1290, as mentioned before the rally with the Greeks agreeing to agree to have some austerity measures followed by the call for a referendum post agreement has moved this sell off down pretty quickly.

Day trading this price action on the way up was almost a capitulatory bullish investor volume on the buy side with price failure and reversal above the 200 MA (red ma).

The resistant trend line (bearish) held with price above 1263 unsupported.  Looks like if we stall at current price levels and consolidate between 1220-1240 that the short term bearish flag could set up for a continuation through 1200  and a further sell off to 1160 area of major support. If we get day traders on the buy side moving in to break through the resistance at 1240 watch for a test of the previous highs at 1255.  Through this price level we might see some consolidation and then a push to the 200MA.  If the buyers can't hold and close above the 200MA we could then see some price failu [...]

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Day trading course MF Global Futures says Sayonara

Day trading course MF Global Futures says Sayonara as well as hundreds of investors who's deposits were used to cover Margin.

Just as we in the futures trading world thought we were safe from "Those Damn Bankers" but it seems many overlooked that Mr. Corozine was actually a previous president of the Notorious Goldman S. clan. Although Corozine was not running a high ranking government position he thought it would be OK to Embezzle funds owned by the firm's Clients. Maybe we might see a Goldman Sach's looter finally shackled for their use of clients funds in purchasing Italian Bonds.

"Italian Bonds"? - sounds like financial crack to most short term traders.

The thought that MF Global held 91% of it exposure in December Italian bonds and used clients money to cover the Margin is not only outrageous, but criminal. MR Global bought in to these highly leveraged bonds this summer and in a few short months have drained their clients "Capital Reserves". This could be foreshadowing of what is to come in Europe as Greece is in shambles, Italy and Portugal are in a neck and neck race down the toilet, and Spain is looking at a slide in their housing market and bonds. No wonder the risk off position is to sell the Euro. Let's take a look at the S&P500 emini futures for today. We have already seen a sell off from the 1289 highs. This is the resistant long term trend line pointed out previously. On the After hours Daily chart we can see that the price has broken below the 200 MA in [...]

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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.

There has been a retraction and the S&P500 has given up its gain from last week from a high of 1290 to where it's at right now at 1232.50. It has pierced and broken through the support at the bottom trendline and now is on its way down to test the next target at 1230. There is a very strong level of support at 1216.

If the bulls move in the 1st target is 1241. The next target is 1248 then onto resistance at 1261.25. The outer resistance level is at the top of the channel at 1273.50.

Trade What You See

 

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Day trading course - Just when it seems alright

Day trading course, learn how to day trade stocks and futures.

The S&P500 emini futures lost a little steam and saw some minor profit taking from 1290.    Looking for a point of control around 1275 for the buyers to take back control today and retest the highs.  If we see price failure on the approach to 1335 then we could look at consolidation in to the end of the year.  Would not seem consistent with most year end rallies. The S&P500 is showing support at 1261 with major support coming in at 1252 and 1246.25.  This could be the formation of a bullish flag on the daily with a bit of consolidation at present levels to get a break of the ceiling. Major Resistance is coming up at 1300 Mark.  Market volume is slowing, probably because of the MR Global insolvency and the CME cancelling all the orders.  Needless to say the Euro has rallied to a lower high after all the bail outs.  Too bad there is no commitment to fix the problems, just kick the can down the street.      

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Day trading course - bearish channel

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.

The bears had it in the AM and they drove the price down to touch and test the support at the bottom trendline of the bearish channel. The bulls came in to rally upwards and have been testing resistance at the upper trendline. The buyers and sellers are in indecision right now.If the buyers move in and push price past the resistance at the trendline, the next target is at 1240. They could rally all the way up to the next target at 1252.50.

 If the sellers come into the market to continue the current trend the first target is 1228, second target area of support is at 1224 and if that support gives way 1220.25 is the next level. If this support gives way price will go down to test the support at the downward channel bottom trendline.

Trade What You See

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Day trading course - bullish trend

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.

Bullish trend has been pushing prices up since last week. The price has been steadily declining slightly till the support 1242 was touch and tested. A subsequent price reversal has movement upward and testing the resistance at 1249. Buyers could move prices up to test next target at 1252.50 and upward to top trendline of bullish channel.If bears come in 1st target would be bottom trendline, 2nd 1242.50. Next support 1232 onto 1226.50, Next target after that is 1215.75.

Trade What You See

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Day trading course

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.

The prior support has become the resistance as the upper trendline of the bullish channel. There was a rally to this resistance level with a touch and test of resistance then a retracement to test support at the lower trendline.

Now testing a resistance level at 1228.75. If there is a breakthrough of resistance 1st target 1230.25 to 2nd target at 1225.50 and then onto upper trendline. If there is a selloff 1st target 1223, next target 1215.50 . If the support gives way, next target is way down at 1202, then 1196.50. The outer target is at 1185.75

Trade What You See

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Day trading course - shallow bearish channel

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.

Sellers have driven the market down to test support at 1192.50 with a retracement to test resistance at 1211.75. At this time price is in a tight range signalling indecision. If buyers come in there will be a test to the upper trendline of the short term channel. Next target would be 1211 and if that gives way buyers will drive price up to test the next target at 1215.75, then onto the upper trendline of the long term channel. If the bears come in look for price to reach the first target at 1201.75. If the support gives way the bears will take the price to 1196.75 to test the support at that level. The next target of support would be the bottom trendline of the long term channel and onto the bottom trendline of the short term channel.

Trade What You See

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Day trading course

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.

Market was in consolidation until around 2:30 PM, when price tested and broke through support of the bottom trendline at 1215.25 where it plunged to its present range between support at 1203 and resistance at 1208. If support is strong buyers will come in to drive price up to test resistance at 1215. Next target up would be the top of the channel then onto 1223, then 1227 and top at 1229.75.

If support gives way sellers will take over to try to test targets at 1203, 1196.25 and then way down to 1187.25.

Trade What You See

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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.

The bears have just been dominating all day driving the price down from the high at 1226 to the present price point at 1195.25. The price is hanging around in indecision at 1195 to see if it wants to test the support at 1193. If support gives way next level of major support is way down at 1187.

If there is price failure with entry at 1198.25 first target is 1203, next target 1210.75, and then 1217.75 on the way up to test resistance at the top of the long term trend line.

Trade What You See

day trading course

Day trading course

[caption id="attachment_4259" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. A bull rally in the AM brought prices up to test the resistance at 1210.25. A breakthrough of the resistance brought prices up to test the resistance at 1217.75. With a touch and test of resistance and a drawback, price went on to test support at 1207. A reversal back up to test resistance is now taking place. If there is a breakthough the first target is the top of the channel at 1219. If there's indecision price will range between 1214 and 1206, with targets of support at 1199, the bottom trendline of the channel, 1193 and 1185 Trade What You See  

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Day trading course - pennant

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.

Long term price action forming a pennant. The day has belonged to the bears up until 1:30 pm, after lunch buyers came in to move price up until there was a test of resistance at the top of the long term trendline at 1203. At this time price action is testing around 1196.25 . Next support level is 1191.50 and outer support level 1185.50. If support holds price will again reach upwards to test the upper trendline and then onto 1203, potentially reaching and testing upper resistance at 1216.

Trade What You See

day trading course

Day trading course - ascending wedge

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.

Buyers have been driving prices up and testing a strong level of resistance at 1194.

At this time, there is testing of support at 1187, with consolidation and indecision at around 1188.50. We shall see which way it goes this afternoon, if there is a test and breakthrough of the top of the ascending wedge at 1194, the next target is the top trendline of the longterm channel.

If the bears come into the market and the support at the bottom of the wedge at 1187 gives way, the next target is 1182. The second target is 1177, which is close to the bottom trendline of the long term channel.

Then to the 200SMA at 1163.

Trade What You See

day trading course

Day trading course - bullish

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.

Morning trading was ranging between support at 1168 and resistance at 1172, with a breakout from resistance at around 10 AM , drove price up to hug the upper resistance trendline of the longterm bullish channel, At this time, price is testing the support at 1176.50. If support does not hold next target is 1170, then onto bottom support trendline of channel. Next target 1155 and onto outer level at 1145.

If support holds expect buyers to come in and push price to test resistance at 1185.50 and then onto the upper trendline.

Trade What You See

day trading course

Day trading course - buyers push price up

[caption id="attachment_4243" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption] Trading the S&P500 emini futures contract in the S&P500 day trading course live room. So the buyers have been moving the price in a steady upward trend. Right now the support at 1153 is being tested once again. If price breaks through support which is a triple  of 1153, the 50SMA and the bottom support of the trendline, next target would be 1148, then on down to next support level at 1141 and then the outer support level at 1131. If the bulls move on in to continue the current upward trend, the first target is 1160 and on towards the top of the trendline and beyond.   Trade What You See

day trading course

Day reading course - rebound and consolidation

[caption id="attachment_4205" align="alignleft" width="300" caption="Day trading course l 866-640-3737 l Day trading education"][/caption]        

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

Inspiring the mind through the desire of the heart.

The Worlds Greatest Speech, Charlie Chaplin.

Fantastic Video, Could hear my heart beat.   Enjoy. I watched this about 4 times this evening.

Joel Wissing - living life expressed

Day trading course|866-640-3737|learn how to daytrade|Day trading coach

S&P500 Day trading course looks at direction on the S&P500 emini futures.

 The emini future has had quite a volatile week.  We have been in a fairly defined consolidation zone on the after hours daily chart.  Price moved above the Point of control for today at 1159.75 after a test to 1132.75 . The sellers were not committed enough to break the support at 1105. This move to 1132.75 is showing that the buyers are looking to test the resistance at 1180 then 1192.75.  If the buyers can get through this area today there is a possibility that we could continue to break the resistance at 1220 early next week.

Price action is the major key to understanding Direction and we focus on price action in our Day trading course.

We are looking at higher lows and lower highs which give us a pennant formation from this move down.  The S&P500 previous swing high at 1357 to this low of 1077 is about a 280 point move.  The normal consolidation move will be from the swing low to 1220 before we get a commitment of direction.

Day trading course -Watch out for sell offs in the S&P500 as the markets ascertain the commitment on retail buyers part.

If buyers do not commit to (investing) at these levels and we do get a rise on light volume, there is a good chance that we can get a sell of in the upcoming weeks.  The general press is hinting that these are levels are inexpensive and this could be a buy of a life time. (lol)  Be careful with this type of news as the ta [...]

day trading course

All you can eat sushi in Corona, CA (951)588-5606

Are you looking for the best All you can eat Sushi in Corona, CA ? Well you have found it.

We have always been known as Corona's best sushi bar and this year because the customers have overwhelmingly requested it, we have added an all you can eat menu to our restaurant.

The All you can eat menu will be running all day from 11:00 am to 9:30 PM.

We are featuring a large selection of Special rolls, Cut rolls, Hand rolls and Nigiri Sushi, Miso soup, and Appetizers. There are 20 types of special rolls with everything from the Baked Scallop roll, the Volcano roll with baked salmon (brought to you on fire),  Dragon roll  with soft shell crab.  Absolutely Delicious. With your all you can eat sushi we also offer delicious appetizers.  Our Pot Stickers are perfect, the vegetable Tempura, Egg rolls and Jalepeno Poppers too.

When you have finished with your All you can eat sushi we even have some green Tea Ice Cream.

  Come see us for Corona's best sushi, All you can eat sushi, and of course the only Sushi Bar with a Japanese Chef trained in Japan.  Sushi you will love.

Sushi in Corona, CA