Tag: Futures Trading Company

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 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.

Also please like us on Facebook!!

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.

Also please like us on Facebook!!

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

Also please like us on Facebook!!

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

Also please like us on Facebook!!

Continue reading “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 Tuesday February 26, 2013

Hello Traders,

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

As I mentioned last week, it seems that the stock index futures are shifting from lower volatility to slightly higher volatility. Traders need to adjust and modify their trading accordingly, in my opinion.
Use SMALLER trading size that will allow you to sustain the wider moves.

Looks like the SP500 is heading towards the 1473 level but no one can predict the future but rather take calculated speculation as far as direction and timing….

Lots of news still to come this week from political front such in Italy and here in the US with the deadline looming as well as economic numbers.

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 Friday February 22, 2013

Hello Traders,

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

As I mentioned yesterday, it seems that the stock index futures are shifting from lower volatility to slightly higher volatility. Traders need to adjust and modify their trading accordingly, in my opinion.
Today’s lows at 1495 basis the March Mini SP 500 will function as the first major support. An hourly close below, can trigger 1473. On the way up, I am looking at 1512 as a level to watch in case the rally resumes.

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 February 21, 2013

Hello Traders,

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

We finally had a volatility and price breakout on stock index futures. After a long period of very low volatility and tight ranges, market experienced higher volatility today and broke to the down side.

Markets do go through cycles of lower and higher volatility and traders need to adjust their strategy accordingly.

Below is a daily chart of the mini Russell 2000, which has been somewhat the leader of stock indices recently. Notice we are sitting on first support (red line, DMA) at 912 with next level at 891

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 20, 2013

Hello Traders,

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

Markets came back from the long weekend very sluggish for the most part with lower volume than average.

This will change tomorrow as we have some early morning reports along with FOMC minutes later in the day.

One market that is seeing volatility is the gold market.

Weekly chart with LONGER term levels to watch for ( including the very important 1690 support level)  is below for your review.

Continue reading “Trading Levels and Economic Reports for February 20, 2013”