Friday, July 17, 2009

Learn to day trade S&P 500 emini futures



Today's open was at 936, a .75 difference from yesterday's close (4:00 - 936.75), so the gap was negligible.

One of the first trades, there was increasing sellers' volume (commitment). Entry price was 934.50 and the move continued to 932.75 for a 7 tick trade, before it reversed and retraced the entire move.

There had been several minutes of indecision, and little commitment. Prices went through the support around 930.25. Entry price was 934, then the price dropped where it met some resistance. However, there was very little commitment around 9:50 and a continuation at the 932.75 price. It kept going for a total 12 tick trade.

Happy fruitful trading! Have a great weekend!

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Learn S&P 500 day trading emini futuer live trading room

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