S&P 500 day trading course.  Money Maker Edge day trading course is coming to Corona, California on November 4-6. Two days live training and one day live day trading.

Have you noticed that most investors have ended up being a victim of the markets? If you have ever been intrested in controlling your own finances and not leaving your investments in others hands, join us for a three day live training seminar in Toronto, where you will learn how to get back financial control of you r investments.

Our live training is a small group of  6-8 traders in the S&P 500 emini futures.

We will be covering:

• Business strategy –  easy to use template that we will help you with every quarter to stay on track takes less than 5 minutes.
• Money Maker Edge Trading Code, a group of trade rules to follow.  This is the base for every trading day.
• Money Maker Edge Trade Journal – Recording and quantifying results and keeping.  So you can rely on what you did versus what you think.

S&P 500 day trading Journal

S&P 500 Day Trading Journal

• Precise Entry points – learn where to get in.
• Price and Direction – see as the market maker sees.
• Trade Strategy that keeps your from taking the trades that cost.
• How to set daily, weekly and monthly targets so you trade less and make more.
• When to trade and when not to trade.  The exact times.
• Trading plan – to match your schedule.
• How to let the trades come to you.
• Trading with targets and how to manage risk.  The difference between an investor and a Money Maker.
• How to get your income, wealth and freedom trading.
• How to spot the highest probability trade and when to look for it.
• Mastering your strategy – learn to see how you trade and make your strategy to fit your trading type.
• How to be responsible for your trading and level of choice in the market.
• Money Maker Edge trade settings  - How would you like to know specific times to trade and not to trade.
• We will train you to understand and set your personal responsible trading practices.
• The working s of the market  and how to use these to your advantage versus being taken advantage of.
• The difference between direction and hope.

How to enter the trade and minimize risk so you don’t throw your money away.

We are including a trade journal, the trade manual with the Money Maker Edge methodology, and membership to our trade room where you trade live with other profitable traders.

You don’t have to trade alone. The Money Maker Edge S&P 500 live room’s participants normally trade for an hour to an hour an half during the market.   This room is open to anyone that has had the S&P 500 day trading course and most  reach their daily goal in under and hour.  This trading room helps re enforce the trading methods we use and makes it easier for the beginning trader to see the trades and make better choices. This is open to all traders that have completed our course.

BONUS: On the second evening we will be training you in The Financial Wall(TM) - breaking through to financial freedom. This activity has empowered many to break free from their restrictive money games.  For many, it is the first time they will be able to choose how to play their money game.

If you have any questions or For more information call Joel at 866-640-3737

S&P 500 day trading course for S&P 500 emini futures. Online and live trainings with a live trading room giving day traders a system and support. Trading with a group of profitable traders. Emini futures course focuses on trade mastery and practice

S&P 500 day trading course levels on daily and weekly chart.

Trading opened today at 1082.25, up 13.5 points from yesterday’s 1069.75 close. We traded down the early part of the day to our low of 1077.75 by about 10:30am market time, then started with higher lows for the rest of the day. The high came in at 1089.75 around 3:30 then relaxed a little to close trading at 1088.75, up 20 points from yesterday’s close. Day time trading gave us a range today of 12 points while the gap at 1069.75 was left open for today.

S&P 500 day trading course, levels of support and resistance. Live trading room with Joel Wissing.

Extreme high 1027.75
Extreme low of 973.75

Point of control 994

We slowed down to a crawl today with a very tight and range bound trading day. Volume dropped off to 1.9 million today after yesterdays 3 million plus. Hopefully the market will face the piper on some of the valuations in equities and get this cleaned out in the third quarter. September is known as the worst performing month on the indexes and it has basically started off with the kind of direction to propel the markets lower. Lots of support here, but for how long?

Join us in Montreal for a live training on October 3-5 with 1 day of live trading and 13 weeks of the live trading room.

After a Panic Decline the Market normally goes into an ascending wedge, our day trading course is watching for buying weakness.

Last week  on our biggest day we had a 94.75 range.

Monday: Down 86.5 points

Tuesday: Up 60.5 points was negative 34.25 points on the day

Wednesday: Down 48.25 points

Thursday: Up 45 points

Friday:  Up 8.25 points

Unfortunately, we are coming into a bearish flag.  The sellers have committed to this move up but are weakening into this resistance around 1200.  Watch for a spike up, some price failure and then a test of the supporting trend line.  I watch for these patterns on longer term charts as they are easier to read than on Intra-day trading charts.

Day traders on the S&P500 emini futures drove up the market today into the close.

Buyers were in control.  The mini rally was on weak volume.  Not good for buyers to hold these levels. But as usual for August, we are going to probably have the week to consolidate, maybe even make a few advances as the FOMC meeting in Jackson Hole takes place.  As we are waiting for the decision nuances to be haggled by a group of bankers that have never once got it right, Wall Street will be planning how to spend their bonuses on this next rally in the 4th quarter.

Today’s Chart with tomorrows levels on it.

Point of Control 1193.50, if the buyers can keep it above 1200 they will be safe, but once we break it watch this area for seller control.  First support at 1284.75, then look for the emini future to test  down to 1173.  If we have a major sell off, my levels are 1154.25, then 1117 and extreme low of the previous overnight swing low at 1076.25.  If we reach these levels all bets are off.

Historically, this is the time we get our first rally.  It seems that we have Higher lowss giving us  almost parabolic moves up this past week.  Didn’t see the volume at the peak levels building so we could have a consolidated range here as we make our next move to 1215 then on to 1229 and 1239.50 . If we get the good news (for the Market) of the QE +1 then we will look for the previous take off zone of 1265.

If this move up fails, Day traders will be looking for a quick sell off.

Be careful of the break outs here as there will probably be a few head fakes.  Always remember to do your own work as Trading is a traders responsibility and should always rely on their own skill based on repetition and improvements in technique.  If you would like to join us for a day trading course we will be having courses in Calgary, Edmonton, Montreal and New Smyrna Beach, Florida.  Join us as we trade together a two days a week and support each other in our trading.

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The S&P500 emini futures has been in a major decline and is subject of weekly talks in our Day Trading Course.

Join us as we go through a little bit of our analysis on the stock market through the futures index.

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This is a monthly Chart on the S&P500 emini future. We are looking at the major areas of support and resistance and where the point of control is for buyers and sellers.

The point of Control is at our first major support presently at 1240.  This is on a larger time frame and we are at the beginning of the month.

Our next support is 1210 and then 1180.  If sellers stay in control we could see a move to 1160 to test the supporting trend line.  As mentioned earlier this summer, I would expect to see this first support tested at the 1240 area.  We could see this end it’s move at the second support of 1230 where it was tested on the move up 5 months earlier.  The buyers moved in at that support level to bring on new swing highs.

Do consider that this is a very volatile period.  With pressure from all the economic news that was looked over this past year and the absurd amount of debt the US government has taken on.

We shall see this play out a bit better on shorter term charts.

The seasoned traders know that they have had to build up their trading maturity level to make the trades that took the profit out of the market today.

 The S&P500 day trading course emphasizes that how you do anything is how you do anything.  Trading is actually very simple, but it is not easy.

day trading course learn how to day trade stocks

Let’s look at the weekly charts.

We can see a lot of trader indecision at these levels.  Previously, when price consolidated at the monthly highs and lows, this turns into areas of in decision in the market where there was no agreement as to direction. The Red box is an area of indecsion which we will be able to watch price action play out, I have noted the support at the bottom of the box and will watch price on its approach to see if it has enough commitment from the sellers to make to the next level

The tests down seem to stall and settle close to the opening price.  Remember these price levels are on the weekly chart.  I am not suggestion to trade off of these levels as all day traders are responsible for their own work.

As you can also see the price is holding the major trend and is showing a movement about half of the previous swing range.  Could have a bit more to go.

day trading course daily chart bear market targets

Price for the S&P500 day trading course is the most important variable to understanding direction and the structure of the market.

On the Daily chart we can see how the price has moved in a consistent pattern through the support as mentioned in previous day trading posts.    The point of control for the daily chart will be 1258.75 with the sellers in control of the close.  support cam in at 1244 and we will probably look at consolidation with a move to the Point of control and a further move down to the supporting trend line.  This is the area of consolidation on the  weekly chart.If there is a break through at these levels then watch as sellers take this to 1219 and maybe to test the swing low of 1210.

The extreme low of this move would be 1160 if we get a break of the 1200 psychological support watch out.  If earnings come out with negative surprise, we could get  some sell offs that might push the indexes down.  Learning how to trade the markets takes time and patience.  Our day trading course includes a live trading room where we trade together a few times a week.  Join us in taking the profit out of the market.  Trading is highly risky,  do your own homework, your money is your responsibility.

Always manage your risk first.  Check out the post below as one of our traders took 27 points in a live trade today.

S&P500 day trading course for price action on the emini future.

The Dollar continues to weaken against major currencies as President Obama and the Congress still haven’t come to agreement on debt limit and prevent a default and credit-rating downgrade. The Obama administration threatened a presidential veto of Boehner’s two-step plan to raise the $14.3 trillion debt ceiling and cut $3 trillion in expenditure. A vote on the measure had been scheduled for today and was postponed until tomorrow, still ahead of an Aug. 2 deadline when Treasury Secretary Geithner has said the U.S. will run out of options to prevent a default. A cut of the U.S.’s top AAA credit rating would likely raise the nation’s borrowing costs by increasing Treasury yields by 60 to 70 basis points over the medium term while S&P reiterated on July 21 that the chance of a downgrade is 50% in the next three months and said it may cut the US as soon as August.

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

Point of control into the AM session for the Day trading course is 1303.75 if it is not taken out in the overnight session.

Price hit support on the break of the Psychological floor of 1300 and is retreating to the 1300 area to consolidate as we are laboring over the debt ceiling. Looking at this bearish trend in a 50 point range we can see that the supporting trend line is coming in at 1285. Not a good sign breaking through the intermediate term 200MA on the 240 min chart. the 200 ma on the daily is coming in at 1275 which could be the bounce we are looking for in the next few days when they announce the raising of the debt ceiling.

Learning how to day trade this type of price action with the support and resistance is key to keep the emotion of the market out.

There is down ward pressure on this move as sellers are moving to the side lines out of fear versus profit taking.  We have been in a congestion zone for quite a period of time in a 50 point range above 1300.  This would give the impression of a rounding top on decreased volume.  If we do get the good news and the market rallies past the previous swing highs we could see 1540-1560 this year.  Our traders will be having a day trading course in Calgary, Edmonton and Montreal this September with follow up live trading sessions and groups.  Join us for an amazing course and learn to see price action, manage your risk, and take control of your money.

The S&P500 emini futures day trading course levels of support and resistance on a daily chart and price action.

day trading course 866.640.3737 learn how to trade

We have support at 1311, and 1290 with 200 MA coming in around the 1274 mark. Watch as price moves to the 1252-56 area, if we can consolidate at the top and there is some good news in the market we might get a push through on the resistance with a test to the previous highs.

In September we have plans to be in Calgary, Edmonton and Montreal training groups in our system. We focus on exact entry points, flawless execution and risk management. Our day trading course mixes high impact learning activities where you don’t just learn the lessons of risk management, you get to experience the action of trading to see what choices make your participation effective and empowering. This is a training and you will be able to speak like a trader, see like a trader and execute trades like a trader. Joins us.

Sellers are in control today, learn how to trade this volatile market with our day trading course in the S&P500 emini futures.

Day Trading Course|866.640.3737|learn how to day trade

Point of control is 1297 on the S&P500 emini futures. The sellers are in control today as we are testing support. 1287-92 is a huge support zone where we could see some consolidation. If sellers are committed enough and break through this area, the next level of support is 1277.

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The S&P500 day trading course areas of support and resistance. Looking at the S&P50 emini futures contract.

Day trading course S&P500 emini futures

The S&P500 is in a longer term bullish channel with support coming in at 1258 and the top of the channel running to 1296. Currently we are bouncing in this channel with 1262 being recent support and probably 1277 area being the next move into resistance.

The Point of Control on the 30 min chart is 1265.50 and we will open this evening with the sellers in control. Watch for a move to the 1270 area as Europe could open into a lot of volatility.

Greece is topping the news, but what is happening in Spain, Italy, Ireland really dwarfs the 12 billion Greece needs to stay open.

Back to the S&P500, we could see mostly consolidation in this coming week until we break this channel. It would not be unusual for this to move into a pennant formation with higher lows and lower highs and a 12- 14 point range before the break out.

Understanding the tendencies of the market is one of the most important underlying factors in seeing direction in the market place. The Money Maker Edge day traders will be having a day trading course in Montreal July 9-11. There is space open, join us if you can. The activities we use to get the break through in your trading are amazing. You will learn about your self and the market.

Today we hit the 50MA on the daily chart and Silver Day traders are watching this area to see if buyers have enough commitment to head to the next area of resistance.

Silver broke out from consolidation.

The consolidation zone occured from $34 to $35.50 and we broke through this area yesterday when silver buyers stepped in to move the market up.

We have first resistance at $38, on the 50MA and watching for a move up to $39 with maybe some consolidation.  The next area of resistance is $42 then $44.

This target area could take a while, if we have price failure on this move up, then we could see more volatility and maybe a test of the bottom.

Remember, all stops are seen so Market Makers are watching for opportunities to take advantage of this.

I am posting last weeks charts.

Day trading silver, resistance here, be aware

Take a look at the areas we pointed out and compare them to where we are today.

Possibility of a lower high and another sell off?

We shall see.

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