Archive for September, 2009

Pivot and Announcements for 9-30-09

By trader7757, 30 September, 2009, No Comment
ESZ9
For 09/30/2009

Symbol R1 R2 Pivot S1 S2
ESZ9 1062.58 1070.42 1057.92 1050.08 1045.42

Fed Announcements and other Important Info

GDP
[Report][Star]
8:30 AM ET
Chicago PMI
[Report][Bullet
9:45 AM ET

Dennis Lockhart Speaks
10:30 AM ET

Not a huge day for the Fed or anyone releasing economic data, GDP data is already out and has second quarter being revised upward from -1.2% to .7%.  Other advancements have the potential to move the market some of they deviate significantly from the norm.

The Dollar Makes a Major Low in Q4 of 2011

By trader7757, 29 September, 2009, No Comment

The dollar will hit a major low in Q4 of 2011. Watch this short video and see how I came up with this bold forecast.

The move is already underway and the lows are in place, however, it is not too late to get into this market and take advantage of what we believe will be a major move to the upside for the euro.

There is no need to register to watch this video and you can watch it with our compliments.

If you enjoy the video, which I am sure you will find eye-opening, please feel free to comment on the blog about your particular feelings regarding the US dollar.

http://www.ino.com/info/453/CD3257/&dp=0&l=0&campaignid=3

Todays Pivot, R1 R2 S1 S2

By trader7757, 29 September, 2009, No Comment
ESZ9
For 09/29/2009

Symbol R1 R2 Pivot S1 S2
ESZ9 2611.82 3005.83 1823.78 1429.77 641.73

Fed and other important announcements

Redbook
[Bullet
8:55 AM ET

Richard Fisher Speaks
9:50 AM ET

Farm Prices
[Bullet
3:00 PM ET

Charles Plosser Speaks
7:00 PM ET

Some Minor announcements today, especially the Case-Shiller HPI, which is probably the most accurate of the housing news sources.

YM Emini Trading 09-28-09

By trader7757, 28 September, 2009, No Comment

The market stayed well above the 89 period SMA today, so I restricted myself to long trades. There was one beautiful trade that started around R1 and blasted through R2, and that was really it for the day. I took a couple of long trades hoping the market might break out some, but nothing really materialized, and I exited the trade with small gains.

Straight Lines Lead Straight to Profits in Crude Oil

By trader7757, 28 September, 2009, 1 Comment

In this new short video I am going to share with you one of the simplest and most powerful technical tools of all time.

You don’t have to be a rocket scientist to do this and you don’t have to have a PhD in mathematics either. If you’re not already using this tool, I highly recommend that you watch this video.

As always, our videos are available to view without charge and without registration. All we ask is that you give us your feedback on our blog.

http://www.ino.com/info/455/CD3257/&dp=0&l=0&campaignid=3

If you enjoy this video, share it with your friends. I am sure they will find it different and at the same time educational.

Ever Lost on Your First Two Trades?

By trader7757, 28 September, 2009, No Comment

A very common mistake traders make is to try to get back in the money in one fell swoop. Often times a trader will take a trader of lower probability to accomplish this just to quit looking at the red numbers on his DOM.

Back from Vacation

By trader7757, 28 September, 2009, No Comment

I took a well deserved, at least in my opinion, vacation for the last week and have returned fresh and ready to go.  Market is already up on hopes for M &A activity…

Todays Pivot and Announcements

By trader7757, 17 September, 2009, No Comment
ESZ9
For 09/17/2009

Symbol R1 R2 Pivot S1 S2
ESU9 1074.92 1081.83 1061.83 1054.92 1041.83

Important Economic Announcements Today

Housing Starts
[Report][Star]
8:30 AM ET
Jobless Claims
[Report][djStar]
8:30 AM ET
The news on the housing starts is already out, along with jobless claims.  The housing starts were at a nine month high, but jobless numbers fell 12,000 to 545,000.  That’s still an awful lot of people out of work this week.

ES Emini Contract Trading for Wednesday

By trader7757, 16 September, 2009, No Comment

The Decision Bar software kept me long through some early morning pullbacks, and I was happy to oblige. I considered adding to my positions on some pullbacks, but decided against it. Only had one other notable trade for a 12 tick gain. Interesting day to trade.

Notice how the market never really decided to advance, in a decisive manner, past R2

Todays Pivot and Fed News

By trader7757, 16 September, 2009, No Comment

Looks like a full slate of interesting announcements in the next two days. I am particularly interested in the employment data tomorrow. Industrial Production and PPI on tap today as we see how well we are steering through the later stages of this recession.