S&P500 day trading course daily chart price action

S&P500 day trading course daily chart price action for trade date Oct 18. Looking at the S&P500 emini futures contract. Buyers and sellers are at a practical stand still testing direction and either finding a top or pushing for a break of support. Most of the time ending a few points away from the open. [caption id="attachment_3342" align="alignleft" width="244" caption="S&P500 day trading course daily chart"][/caption] The past three trading sessions have seen a move up with closings near the 1st moves high of 1174. We have been testing both directions with 20 point ranges. Unfortunately, most of this move has been created with the devaluation of the dollar to other currencies which can be seen in Gold and Oil. Looking at the EURUSD you can see that the dollar is loosing ground quickly and we have a relatively strong move up in the ES.  Same with USDJPY. We might expect to see inflation creeping in from here. [caption id="attachment_3343" align="alignleft" width="196" caption="S&P500 day trading course EURUSD ES USDJPY"][/caption]

S&P 500 day trading course

S&P500 day trading course reversal bar price action

S&P500 day trading course live trade room price action. Fantastic price action today as we are ending the NY session with a reversal bar on the daily chart. [caption id="attachment_3329" align="alignleft" width="300" caption="S&P500 day trading course reversal bar daily chart"][/caption] S&P500 emini futures price action showing the resistance at 1178.50 with a move toward the 1166 support mentioned last week as resistance. Price action has been as laid out this past few weeks with a low volume move to these swing highs. If we have another test up tomorrow for a retracement of today's move looking for a swing high of 1174-6 then a sell into the close for consolidation and perhaps a move to 1144.75 if sellers step in with volume. Friday could be the day.

S&P 500 day trading course

S&P500 day trading course, live trading video

S&P500 day trading course live trade video. Drayton, our Calgary trader has put together this video on his trade this past day. Nice 3 point move down on 5 contracts with 3 targets. Precise entry and targets are a "Must Have" for effective trading, learn how at our Live 3 Day Intensive Training in Day Trading! Next Session is October 23-25 in Calgary Alberta Canada, Join Us!

S&P 500 day trading course