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Friday, July 31, 2009

Trading Day Friday, July 31st


Hello Traders, Choppy, choppy, choppy day in the market today. It is just move around between points here. Started that day with an open almost exactly at yesterdays close at 982.25. Got to its low withing the first 40 minutes at 979.50. Moved sideways most of the day and reached its high at 990.50 30 minutes before close just to sell off in the last minutes and close at 983.50. It partially filled the gap from Thursday morning which is at 972.25 to close it. Hope you have a great weekend and always trade with stops.
LauraQ

S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.

Thursday, July 30, 2009

Trading Day Thursday, July 30th


Hello Traders, Wow!! What an exciting market day today with a good bit of movement in both directions. The market started off with a 11.5 point gap to the upside to open at 983.75 and quickly reached its low of the day at 981.50 which did not close the gap but only made a minor dent in it. Within the first hour got to its high at 994.00 and move sideways into a "wedge" pattern. The last half hour of the day it broke thru the bottom of the wedge and headed back down to where it started to end the day at 982.50. One of the interesting things about the move down late in the day was the volume pickup as it did it. This morning volume move up was at 75K contracts in comparison to the move down which was at 85K contracts. Hum!! Looks like that gap is soon to be closed. We shall see what tomorrow brings. Have a great day and remember to always use stops.
LauraQ


S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.

Wednesday, July 29, 2009

Trading Day Wednesday, July 29th


Hi Traders, Well we got a little different of a picture today than the last 2 days unfortunately we are still running over the same ground. Just about moving sideways for the last 3 days. We opened the day with a gap down at 969.50 a full 7 points lower than yesterdays close. Moved a bit lower for 10 minutes then turned around and got to the days high at 975.00. With all the sideways movement it put in a few lower highs and then made a bouble bottom near the low at 965.25. The last hour of the day just kept moving up to break the down trend and closed at 972.25. About 10 points in the range today. Have a great day and keep up the good trading.
LauraQ



S&P 500 day trading course live room emini futures education coach levels of support and resistance for, http://www.tradingonlinemadeeasy.com with break outs, break downs, point of control in live day trading room. The Money Maker Edge™ system.

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