Trading Levels and Economic Reports for March 14, 2013

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday March 14, 2013

 

Hello Traders,

While stock index futures are still experiencing very low volatility while still trading at 5 years high….Some other markets are providing day-traders with both the risks and opportunities of higher volatility.

So if you are a day-trader and feeling that markets like the mini SP, mini Russell etc. are not providing you with enough intraday range, you may want to start observing other markets like 30 year Treasury Bonds, Crude Oil, Gold, Euro currency to name a few.

Make sure you follow these markets first and practice in simulated mode if you have not traded these markets before. Different markets have different tick size, may have better volume at different times and are sensitive to different reports.

If you need feedback on any market, I will be happy to share if I have the experience.


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Trading Levels and Economic Reports for March 13, 2013

 

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1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday March 13, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

Note to International clients:

 

USA has moved into Day Light Savings time and we moved our clocks one hour forward this past Sunday. Make sure you adjust your open/ close times etc. accordingly.

 

 

Would you like to know when is the last trading days, options expiration and other important trading dates?

How about different economic reports and agriculture numbers? if so bookmark this page and visit our interactive trading calendar.


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Trading Levels and Economic Reports for March 12, 2013

 

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1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday March 12, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

Note to International clients:

 

USA has moved into Day Light Savings time and we moved our clocks one hour forward this past Sunday. Make sure you adjust your open/ close times etc. accordingly.

 

 

On a different note, I have touched before on the subject of how different trading day “personalities” require different trading approaches in my opinion. A volatile day is traded differently than a quiet, low volume, range bound trading day….

 

One factor I look at is what reports are due for the trading day. I know from my notes that certain reports have higher chances of creating a volatile trading day than others. A good example is monthly unemployment report, normally comes out the first Friday of each month.

 

My advice is to keep a journal and write down the affect of the different economic reports on the markets you trade so you have that as a reference each month ( as 90% + of these reports reoccur monthly/ weekly).

 

 

 


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Trading Levels and Economic Reports for March 8, 2013

 

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1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday March 8, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

JUNE is now the front month for stock index futures. So if you are trading mini SP, mini Nasdaq, mini Dow, Mini Russell – you need to start trading the June contract.
The symbol for June is M, example ESM3MONTHLY UNEMPLOYMENT is tomorrow before cash open ( 8:30 Am Eastern Time). This is a market moving event that normally helps volatility.

 

Below is a screen shot of the April Brent Crude Oil chart from today, using my intraday chart template. In the chart you will see some good signals and signals that did not turn as well…

 

Intra day Brent Crude Chart

 

Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above

and be able to apply for any market and any time frame on your own PC ?   You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.

 

 

 

To start your trial, please visit:

 

 

If so, please send me an email with the following information:

 

 

1. Are you currently trading futures?

2. Charting software you use?

3. If you use sierra or ATcharts, please let me know the user name so I can enable you

4. Markets you currently trading?

 


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Roll-Over Notice + Trading Levels and Economic Reports for March 7, 2013

 

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1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday March 7, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

 

Rollover day for stock index futures is this Thursday.

 

 

For those of you trading any stock index futures contracts (E-mini S&PE-mini NASDAQE-mini Dow Jones, the “Big” pit-traded S&P 500etc.) it is extremely important to remember that this Thursday, March 7, is rollover day.

 

Starting Thursday, March 7, the June 2013 futures contracts will be the front month contracts.  Please note that the month symbol for June is M; so for example the mini S&P contract symbol would be ESM3.  It is recommended that all new positions be placed in the June 2013 contracts as of this Thursday.  Volume in the March ’13 contracts will begin to drop off until its expiration on Friday March 15th.

 

An additional note to pit traders:

 

Please be aware of liquidity issues in the March ’13 pit-traded contracts.  Expect sharply decreased liquidity beginning Thursday morning.  Carefully consider whether you wish to place Market or Stop orders in these contracts after that time as the executing brokers in the March ’13 contracts of the “Big” / pit-traded indexes will not be “held” on ANY order and they will not take Cancel and Replace orders at all beginning Friday March 8th.

 

More information:

 

For more information, here’s the link to the CME web site http://www.cmegroup.com/trading/equity-index/files/Rollover_Dates.pdf.


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Trading Levels and Economic Reports for March 6, 2013

 

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1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday March 6, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

Not much to share today as far as trading pointers or market outlook…SP500 broke the 1530 level and the next few days/ unemployment reports will provide the fuel to either take this market towards the 1550 level or send it back to test the 1512 area.

 

Rollover day for stock index futures is this Thursday.


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Roll-Over Notice for Stock Index Futures

Tuesday March 5, 2013

 

Hello Traders,

For those of you trading any stock index futures contracts (E-mini S&P, E-mini NASDAQ, E-mini Dow Jones, the “Bigpit-traded S&P 500, etc.) it is extremely important to remember that this Thursday, March 7, is rollover day.

 

Starting Thursday, March 7, the June 2013 futures contracts will be the front month contracts.  Please note that the month symbol for June is M; so for example the mini S&P contract symbol would be ESM3.  It is recommended that all new positions be placed in the June 2013 contracts as of this Thursday.  Volume in the March ‘13 contracts will begin to drop off until its expiration on Friday March 15th.

 

An additional note to pit traders:

 

Please be aware of liquidity issues in the March ‘13 pit-traded contracts.  Expect sharply decreased liquidity beginning Thursday morning.  Carefully consider whether you wish to place Market or Stop orders in these contracts after that time as the executing brokers in the March ‘13 contracts of the “Big” / pit-traded indexes will not be “held” on ANY order and they will not take Cancel and Replace orders at all beginning Friday March 8th.

 

More information:

 

For more information, here’s the link to the CME web site http://www.cmegroup.com/trading/equity-index/files/Rollover_Dates.pdf.

Continue reading “Roll-Over Notice for Stock Index Futures”

Trading Levels and Economic Reports for March 5, 2013

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday March 5, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

Choppy action today in stock indices as we approach rollover day this Thursday.

 

It seems that counter trend set ups work much better on days like today rather than trying to catch a trend since there was none…..

 

The market looks like it can have another push up if we can get a close above 1530 but at this point I really don’t have a strong opinion on the direction of this market from a swing trading point of view.

 

I think that the economic numbers along with rollover activity this Wednesday, Thursday and Friday may finally give the market a direction and hope they provide us with a clue.

 

As far as Day Trading I honestly think that discipline and the ability to accept a loss on any given day are the biggest factors for many traders out there.


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Trading Levels and Economic Reports for February 28, 2013

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday February 27, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

March outlook for Stock index futures and other global commodities at:

TTN February-March 2013 Outlook: Clearing the Last Hurdles

From our friends at Trade The News

Mon, 04 Feb 2013 11:10 AM EST

The New Year has started with a much more positive tone than 2012, though world leaders are still struggling to find balance between policies that promote economic recovery and those that might inflate new and dangerous bubbles. Europe’s patchwork of rescue measures has dramatically eased sovereign yields off their peak levels. Meanwhile, Washington set the table for a positive January, establishing some certainty for businesses and households with the agreement to preserve middle class tax cuts, but kicked the can down the road again on the debt ceiling debate and the budget cuts demanded by the sequester. The notion of a “currency war” got some new life as the US Fed launched its open ended quantitative easing program and Japan’s new government pushed the BOJ to promise a similar policy in 2014. As central banks tipped toward even more open handed policy and politicians continue to wrestle with the new fiscal realities, the global economy has quietly gotten back on its feet, looking steadier albeit at a slower “new normal” growth rate. Equity markets appear to be setting up for a break out if a few final political roadblocks can be overcome in the months ahead. Major US and European equity indices are at five-year highs, while Hong Kong stocks and Japan’s Nikkei are near two-year highs. Companies have spent the last few years getting leaner and hopes abound that these more efficient firms can expand earnings multiples now that the economic turnaround is starting to take hold. The latest earnings season is showing mixed results in this regard, with some long time favorites like Apple losing favor but investment dollars finding a home in other stocks. The net result is equities continue to rise, and are now testing an inflection point exemplified by the S&P 500 testing a range above 1,500, within striking distance of all-time highs (1,565).
READ MORE

 


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Trading Levels and Economic Reports for February 27, 2013

 

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday February 27, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading!

The difference between a good trader and a great trader is psychology

Join us for a Webinar on February 27

Space is limited.
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Risk: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

 

Title: The difference between a good trader and a great trader is psychology
Date: Wednesday, February 27, 2013
Time: 1:30 PM – 2:30 PM PST

 

After registering you will receive a confirmation email containing information about joining the Webinar.

 

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server
Mac®-based attendees
Required: Mac OS® X 10.6 or newer
Mobile attendees
Required: iPhone®, iPad®, Android™ phone or Android tablet

 


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Continue reading “Trading Levels and Economic Reports for February 27, 2013”