Futures Trading Levels and Motivational Quotes, November 30th 2010

Hope everyone had a nice Thanksgiving weekend and are ready for trading the rest of the week and upcoming December.

Since I have nothing of importance to share trading wise, I would like to share couple of trading quotes I saw today and liked:

“Continually strive for patience, perseverance, determination, and rational action.”

“Successful traders set profit objectives for each trade they enter.”

You may agree or disagree but thought these two quotes were worth sharing! Continue reading “Futures Trading Levels and Motivational Quotes, November 30th 2010”

Futures Trading Levels and Veterans Day Schedule, November 11th 2010

All futures markets will be open as normal tomorrow, however banks will closed due to Veterans day and we will NOT have any economic reports.

Daily mini SP 500 chart with possible support/resistance levels for your review below:

SP-500-Day-Trading-2010-11-11 Continue reading “Futures Trading Levels and Veterans Day Schedule, November 11th 2010”

Commodity Trading Levels for October 5th 2010

Not an easy market to read right now in my opinion.

It is showing signs like it would like to visit some lower levels, yet there is enough buying interest to keep it above 1127.

This Friday monthly unemployment levels will be watched closely.
If the market breaks below 1127, it has a chance of picking some more speed to the downside.
On the flip side, bulls will need to see new highs in order to get back in control of price action.
Daily chart with some price levels to watch for your review below:

Commodity Futures Trading Charts
Commodity Futures Trading Charts

Continue reading “Commodity Trading Levels for October 5th 2010”