technical trading

Day Trading Course – S&P 500 Does It Again, Closes Week At New Highs

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The S&P 500 has done it again folks, after a small sell off on Wednesday the S&P has traded up into new all time highs to close this weeks trading session.

Following my last posts I had said that moving into the end of the week we would be watching for the short.  So far there has been NO set up or signal of any kind to take on a short position.  Only some great long trades, which there have been many of this past week.  I am not by any means suggesting shorting this market.  I am only watching for the opportunity, which so far has not presented itself.

We are watching the 1615-20 area right now as top trendline resistance.  From here we could see a couple days of consolidation while the market decides what to do with these new prices we are seeing.  A move above the 1620 area will take a large volume day(s) on the buyers side.  Without that it is likely we will see some sort of sell off for profit taking before the next move sets up.  Should the selling come with large volume I will continue to watch for the signal to short, however I will be waiting for multiple confirmations before looking at shorting the S&P.

Day Trading Course teaches how to let the trades come to you.  Market timing is a key factor in profitable trading, learn to trade when the time is right and stay away when it is not.

This week will be interesting to see if price can stay supported above the 1600 mark.  Only one way to find out.   I’ll see you at the starting line!

Day Trading Course gives precise entry and exit strategies to maximize profits in every market and trading style

Day Trading Course teaches key principals to trade any market responsibly and profitably.
If you are feeling the pressure to buy before you “miss the move”, chances are you have already missed it. If you are not sure how to go about trading the market in it’s current state, DON’T trade it. Trade what you see and never listen to the so called experts. If you can’t see the direction of the market and don’t understand how to use a stop, then don’t trade. Never take stock tips, and if it is on the TV as a hot pick, it is too late.

Day trading course focusing on the S&P500 emini futures support and resistance and efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in trading.

Futures Day trading course looks at price and direction, the support and resistance and the direction of the market.

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

We normally have a Montreal Day trading course, a Calgary Day trading course, and a New Smyrna Beach Day trading course.

The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Day trading course focuses on training you on how to see price and direction in the marketplace and how to leverage your strengths to take a profit out of the market.

Disclaimer: day trading is high risk, do your own work : The efficacy of both technical analysis and fundamental analysis is disputed by efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in day trading. Calgary Futures Day Trading Course is happening May 4-6, 2013. Join us!

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Day Trading Course – S&P 500 Closes Day back in familiar territory

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ES S&P 500 Closes the day back in the 1578 area.  Could this finally be the start of the turn?  or perhaps another run at the top is still in order?

First I expect we will have to break the trend line then test up one final time in the 1580-85 area before the real roll over will really begin.  So Far…   No real signal to get short for the meantime yet…  However I do appreciate what I am seeing so far, I was once again surprised at the ability of this market to run to the tops.  Seems that just when we may be starting to think REVERSAL, bam! Another bullish run!

Let’s see going into the end of this week and early next week what the market will give us.  I for one, can not wait to have confirmation to short.  But who knows?

See you at the starting line!

Day Trading Course gives precise entry and exit strategies to maximize profits in every market and trading style

Day Trading Course teaches key principals to trade any market responsibly and profitably.
If you are feeling the pressure to buy before you “miss the move”, chances are you have already missed it. If you are not sure how to go about trading the market in it’s current state, DON’T trade it. Trade what you see and never listen to the so called experts. If you can’t see the direction of the market and don’t understand how to use a stop, then don’t trade. Never take stock tips, and if it is on the TV as a hot pick, it is too late.

Day trading course focusing on the S&P500 emini futures support and resistance and efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in trading.

Futures Day trading course looks at price and direction, the support and resistance and the direction of the market.

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

We normally have a Montreal Day trading course, a Calgary Day trading course, and a New Smyrna Beach Day trading course.

The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Day trading course focuses on training you on how to see price and direction in the marketplace and how to leverage your strengths to take a profit out of the market.

Disclaimer: day trading is high risk, do your own work : The efficacy of both technical analysis and fundamental analysis is disputed by efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in day trading. Calgary Futures Day Trading Course is happening May 4-6, 2013. Join us!

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Day Trading Course – S&P 500 trading at tops again

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The S&P 500 is trading at the tops again, with today’s trading closing back in the 1590 area on the S&P ES emini futures.

Many are now looking and wondering if more new highs are in store for us?  or perhaps the turnaround here for more downside trading?  I actually don’t see a lot happening right now, a few more days should start to give a better idea of how the next week or 2 may play out.

The last week of trading has seen price move from support at 1535 all the way up to test at the previous top just shy of the 1600 area at 1592.25.  While only a point off of the previous high, some may consider this a double top.  While there is still no signal whatsoever to short the S&P at this time, we can still anticipate what we would like to see while waiting for the right time.  Should the market start to reverse here after seeing this move up on decreasing volume, this could provide a great opportunity to get short going into the summer trading season.  However, should this market keep pushing up and into new highs, I personally see no reason to buy into it now.  I don’t buy at the top, I prefer to sell to those that do.

Day Trading Course gives precise entry and exit strategies to maximize profits in every market and trading style

Day Trading Course teaches key principals to trade any market responsibly and profitably.
If you are feeling the pressure to buy before you “miss the move”, chances are you have already missed it. If you are not sure how to go about trading the market in it’s current state, DON’T trade it. Trade what you see and never listen to the so called experts. If you can’t see the direction of the market and don’t understand how to use a stop, then don’t trade. Never take stock tips, and if it is on the TV as a hot pick, it is too late.

Day trading course focusing on the S&P500 emini futures support and resistance and efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in trading.

Futures Day trading course looks at price and direction, the support and resistance and the direction of the market.

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

We normally have a Montreal Day trading course, a Calgary Day trading course, and a New Smyrna Beach Day trading course.

The S&P500 emini futures is one of the largest professionally day traded markets in the world. Our Day trading course focuses on training you on how to see price and direction in the marketplace and how to leverage your strengths to take a profit out of the market.

Disclaimer: day trading is high risk, do your own work : The efficacy of both technical analysis and fundamental analysis is disputed by efficient market hypothesis which states that stock market prices are essentially unpredictable. Be responsible for your trades, do your own work and never rely on others. When searching for a Day trading course, be sure you understand the risks involved in day trading. Calgary Futures Day Trading Course is happening May 4-6, 2013. Join us!

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