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Futures Trading Levels and Economic Reports for January 12, 2011

Posted on January 12, 2011September 10, 2014 by Ilan

Market is still locked in a range….so far in 2011, the March SP500 been trading between 1255 and 1277….My feeling is that by Thursday we should break out one way or the other as the market awaits some economic reports and earnings are being released.

In between, you are welcome to check out our “Live Charts” service which I run daily.

Subscribers get a daily invitation to view my charts ( sample from todays session below). I share my charts, notes, set ups, trade philosophy and more for the mini SP, crude oil and Euro currency markets. For 2 week free trial (no repeat trials), please visit:

https://www.cannontrading.com/tools/intraday-futures-trading-signals

SP-500-Day-Trading-2011-01-12

There is a substantial risk of loss in trading commodity futures, options and off-exchange foreign currency products.
Past performance is not indicative of future results. Continue reading “Futures Trading Levels and Economic Reports for January 12, 2011”

Futures Trading Levels and Economic Reports for January 11, 2010

Posted on January 11, 2011September 10, 2014 by Ilan

Interesting DATE tomorrow…1-11-11

Other than that I don’t have much to share, market is still waiting for either another leg up or correction to the downside.

I am looking at 1255 to 1273 as the band and think that an hourly close above or below can trigger the next move.

Plan your trade, trade your plan!

Mini SP hourly chart for your review below:

SP-500-Day-Trading-2011-01-10

Continue reading “Futures Trading Levels and Economic Reports for January 11, 2010”

Daily Support and Resistance Levels for January 10, 2011

Posted on January 11, 2011October 28, 2017 by Ilan

resistance-levels_01102011-1

Updated: 10-Jan-11 08:38 ET

This Week’s Calendar Continue reading “Daily Support and Resistance Levels for January 10, 2011”

Futures Trading Levels and Tips for January 10, 2011

Posted on January 8, 2011July 4, 2017 by Ilan

Trading is SO MUCH MENTAL once you have a concept you believe in, have confidence in. After that there is a lot of psychological work….

Some examples:

Ability to take losses and know not every trade will be a winner and not every day will be a winning day
Ability to stay patient and NOT feel that if you are NOT trading, you are NOT doing your job….
The confidence to stay in winning trades and the discipline to get out of losing trades
Allowing trades some time to work
Not getting down on yourself for “could have should have etc”
Being a hard worker and keeping a journal after certain trading days. Being a hard worker in putting time and effort learning new approaches, set ups before deciding if its worthy or not. I WILL SAVE THIS LITTLE LIST AND ADD TO IT AS DAYS PROGRESS. Continue reading “Futures Trading Levels and Tips for January 10, 2011”

Futures Trading Levels and Economic Reports for January 7, 2010

Posted on January 7, 2011September 25, 2014 by Ilan

Daily chart of the SP cash index below….I got a potential sell set up if CASH goes below 1270.

We have monthly unemployment tomorrow before the CASH market opens, so it will be interesting to see how the market reacts.

Either way, make sure you have a trading plan and that you are comfortable with the risk – reward associated with your trading plan so you can have the confidence to execute it.

SP-500-Day-Trading-2011-01-07 Continue reading “Futures Trading Levels and Economic Reports for January 7, 2010”

Futures Trading Levels and Economic Reports for January 6th 2011

Posted on January 6, 2011September 10, 2014 by Ilan

Market feels bit heavy right now but then again it felt heavy more than a few times over past few weeks only to find some more legs and go higher….so either way you plan on trading this market, make it exactly that….have a plan and then trade your plan.

I wish all of you a great 2011 in trading and all aspects of life! Continue reading “Futures Trading Levels and Economic Reports for January 6th 2011”