Commentary will resume tomorrow.
October 5th, 2010 Filed under Future Trading News | Comment (0)
Commentary will resume tomorrow.
October 1st, 2010 Filed under Future Trading News | Comment (0)
I wish all of you a great trading month in October.
If the first trading of October is an indication for the rest of the month, than October should be an interesting month….
Currently there is a case for both the bulls and the bears.
Bull camp needs to see a close above 1150 while bear camp needs to see a break below 1125. In between it is an open game for moves in both directions.
September 29th, 2010 Filed under Commodity Trading, Currency Futures, Future Trading News, Futures Trading, Index Futures | Comment (0)
I wanted to share some of today’s activity we had in the daily webinar service I hold. The “webinar” is a service I offer, where I share mostly the mini SP chart but also other markets like Euro currency, Crude Oil and Mini Russell.
In the webinar I display my charts, trading indicators, trading algorithm, trade management philosophy, risk management and more.
Some days i also provide live trading examples using my demo, like I did today.
Below you will see a segment from today’s webinar where the DIAMOND algorithm provided us with more than several trade set ups for 2 mini SP points each time.
For free trial and more information, visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals
( NO REPEAT TRIALS )
September 27th, 2010 Filed under Commodity Trading, Future Trading News, Futures Trading, Index Futures | Comment (0)
Daily chart of Mini SP below. As I mentioned last week, I got a couple of potential “sell signals” and the market only gave us a small decline if that. What is being referred to as “divergence”. Well…I got one more potential for market retracement.
This time the SP will have to drop below 1123 in order for me to enter a short swing position. I call it price conformation. Meaning I would like to see price action confirming my technical speculation. FIB levels on the chart will be used to determine potential targets, stops etc.