S&P500 day trading course video live trading room

S&P500 day trading course video live trading room] Levels of support and resistance no capitulation Small sell of followed by short covering at 3:00

S&P 500 day trading course

Forex day trading London close dollar strong

[caption id="attachment_400" align="alignleft" width="225" caption="Forex trading system"][/caption] Forex day trading system Into the NY close watching for 1.3628 support then 1.3586 for a sell off support if we move to 1.3740 on news driven data.  PIIGS are getting hit.  London is closing soon so Euro might stop slide on volume drop off. Yesterday's trading took a dramatic turn late in the European session as the weight of sovereign debt concerns (primarily the possibility that Portugal may pose a greater threat to Eurozone stability than Greece) coupled with higher than expected US claims data knocking the prospects for today's non-farm payrolls led to a spectacular bout of risk aversion and positions unwinds. Initial claims came in at 480k (vs. 460k expected) and there were slight upward revisions to last week's data (from 470k to 472k). Continuing claims were also higher (at 4602k vs. 4580k expected) which has negated the positive sentiment from Wednesday's better that expected ADP employment report. Not long after the release of the US claims figures, EURJPY was steadily trading around 125.70 levels, but as the momentum of negative sentiment gained (stocks lower, yields on European debt jumping) the pair tumbled to breach 125.00 support and quickly plunged through 124.40 interim support before an outright collapse to 121.58 – a level not seen since Feb 2009. In unison, EURUSD was dragged down through the critical 1.3750 support level, a development which now opens up a look at 1.3450 below. The moves were echoed by commodity markets as oil witnessed its b [...]

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S&P 500 Emini Day Trading Gap Friday February 5, 2010

                     S&P 500 Emini Futures Day Trading THE GAP

S&P 500 Emini Day Trading Gap Friday February 5, 2010

S&P Emini 500 Futures opened down 8.50 points, and kept on going down all day.  The futures dropped 3.5% over the course of the day to close at 1060.00.  That's down 33.50 points on nearly twice the average volume.  3.3 million contracts traded hands today while the trading range was above average at 25.75 points.  Depending on the non farm payroll numbers tomorrow pre market, such a huge one day drop usually results in a next day bounce in the index.  Disappointing numbers in the report could send futures lower.  Support on such a drop should be expected at the 1020 level, which represents the 200 day moving average.  Volatility in the pre market will provide a clue as to what to expect for the day.  No matter which way prices go tomorrow, the Non Farm payroll seldom disappoints in providing huge volatility.  It should be interesting.

S&P 500 day trading course