Day trading course - Day trading tips S&P500 day trading. S&P 500 emini futures daily charts and market movements. Live day trading room and break down of direction, price action and commitment in the S&P 500 market with day trading tips. Learn how to daytrade with support online trading. Gold trading, oil trading, futures trading and currency. http://www.moneymakeredge.com/blog
Showing posts with label sp500. Show all posts
Showing posts with label sp500. Show all posts
Tuesday, November 25, 2008
Wednesday, November 5, 2008
S&P 500 day trading SP500 emini futures coach Nov 5 intraday
Monday, November 3, 2008
S&P 500 day trading SP500 emini futures coach Nov 4 online education
S&P 500 emini futures day trading education coach levels of support and resistance for November 4, with break outs, break downs, point of control from live day trading room. Using the Money Maker Edge system. Online Trading course at Http://www.tradingonlinemadeEasy.com SP500 emini futures, Mini Dow, Oil futures, gold, and currencies.
Wednesday, October 29, 2008
Tuesday, October 28, 2008
S&P 500 Market capitulation Vs Exhaustion Oct 28 Double bottom.

After watching our double bottom come in the daily chart I see that the market has confirmed its previous bottom yet fail to see it as the turning point for a recovery.
Yes, there is alot of joy over the fed cuts, and possibly they are going to be priced into today’s rally off the bottom. I have posted a chart showing the volume, which is decreasing for the push down.
On the daily I was looking for a reversal bar yesterday, and a retracement to 942 over these next few days, 50% retrace on last swing h/L.
If we have an overly exhuberant market it would not suprise me seeing a retrace to 1008.
The 972.5 mark will be the 60% retracement for the ambush set up. An ambush occurs when the price retraces 61.8% and then reverses through the lower 50% retracement mark.
There is price divergence on the daily also looking at the last low and previous swing low, in fact the volume would make you think the previous move down was the end because of exhaustion vs capitulation. I prefer the capitulation side better. Cleaner recovery. This way it could be a long time till the market recovers.
8 million will be a sell off extraordinaire, a capitulation, that is what I am looking for as a capitulation in the classic sense Vs. the pitter patter decreasing volume on the daily giving us exhaustion. ON 10/10 when the pundits on cnbc said it was a capitulation I laughed because of the lack of a true sell off in terms of Volume, not price…..when they are in line then capitulation occurs. It is much lower in this market and with the intervention levels we are seeing I don’t know if we willl see it happen.
Consumer confidence at low, Fed to cut wed.
Stocks came roaring out of the gate this morning with The Dow up 300 points, but the rally lost momentum when The Conference Board's Consumer Confidence Survey came in with its lowest reading since the monthly surveys began in 1967. The Federal Open Market Committee (FOMC) is meeting today and tomorrow. Their Policy Statement is due for release at 11am tomorrow and it's widely expected that we'll see at least a 50 basis point cut in the Fed Funds Rate.
Monday, October 27, 2008
Friday, October 24, 2008
Thursday, October 23, 2008
Wednesday, October 22, 2008
S&P 500 emini futures live trade 14 points oct 22
S&P 500 emini futures day trading coach. This is the trade we took this afternoon for 14+ points.
S&P 500 emini futures day trading coach Oct 22 Daily chart levelsSP500
Tuesday, October 21, 2008
Sunday, October 19, 2008
S&P 500 emini futures day trading coach Oct 19 intraday
Friday, October 17, 2008
Thursday, October 16, 2008
Tuesday, October 14, 2008
Friday, October 10, 2008
Subscribe to:
Posts (Atom)





