Tuesday, August 17, 2010

S&P500 day trading course Price Action

S&P500 day trading course NY open price action and levels of support and resistance. [caption id="attachment_2464" align="alignleft" width="190" caption="S&P500 day trading course NY open "]S&P500 day trading course NY open [/caption] No news today after market opens.  Looking at a point of control for this morning at the 200 ema at 1086.75. Sellers lost control of direction yesterday and buyers stepped in giving us some price failure.  If we break above here on basket orders we could see this head back to 1094.25 then on to the psychological 1100. Yesterday the Ninja Trader Zen Fire platform placed orders that were cancelled after their ISP went down.  Cost a lot of traders some money. If you see some inconsistent action on your trading platform do not trade. Never risk money to see if it is working.  Call if you have to but do not place an order.  You don't know if there is a delay.

S&P 500 day trading course

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