ES Emini for Friday

By , 11 September, 2009, No Comment
ESU9
For 09/11/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1048.00 1054.25 1037.75 1031.50 1021.25

Fed Announcements and other Announcements

Wholesale Trade
[Bullet
10:00 AM ET
Treasury Budget
[Report][djStar]
2:00 PM ET
Should be an interesting day, a few semi-important announcements that have the potential to effect the market.  Of course, you never know what announcement may send the market spinning away.  It didn’t used to be that way….oh, well…

ES Emini: An Enjoyable Day Trading Futures

By , 10 September, 2009, 1 Comment

Today was one of those days that was very enjoyable to trade. The price action stayed above the 89 period SMA so I did not take a short trade all day, and even passed on what appeared to be a pretty good one later in the afternoon. I really just wanted to concentrate on staying in the trend, which turned out to be a pretty good str

ES Emini for Thursday

By , 10 September, 2009, No Comment
ESU9
For 09/10/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1039.58 1046.67 1029.17 1022.08 1011.67

Fed and other important announcements

Jobless Claims
[Report][djStar]
8:30 AM ET

Dennis Lockhart Speaks
12:30 PM ET
Tim Geithner Speaks
1:00 PM ET

Donald Kohn Speaks
4:15 PM ET

Money Supply
[Bullet
4:30 PM ET
All sorts of stuff today that has the potential to move the market a bit, could be an interesting day with some significant movement, depending upon the nature of the announcements.

ES Emini: Pivot and other announcements

By , 9 September, 2009, No Comment
ESU9
For 09/09/2009

How To Use
Symbol R1 R2 Pivot S1 S2
ESU9 1030.58 1036.17 1021.42 1015.83 1006.67

Fed and other important economic announcements

Charles Evans Speaks
8:00 AM ET

Redbook
[Bullet
8:55 AM ET

Richard Fisher Speaks
1:30 PM ET

Beige Book
[Bullet
2:00 PM ET
There is not an overabundance of announcements today, but some interesting stuff.  Yesterday’s announcement of the alarming contraction of consumer credit should play into the market today.

ES Emini Chart for Tuesday

By , 8 September, 2009, No Comment

Chart courtesy of AMP Trading, get a free demo account and paper trade.

ES Emini chart for Sept 08, 2998

ES Emini chart for Sept 08, 2998

I decided I need a day off so I didn’t trade today, didn’t even look at a chart during the trading hours.  Looks like there were some decent trading opportunities early on and the market then became very congested.  In any event, I give you the chart for your own analysis today.

ES Emini: Tuesday Sept. 8

By , 8 September, 2009, No Comment

Nothing of overriding consequence is scheduled to be announced today, but that doesn’t mean the potential of interesting trading is excluded, as the market wrestles with just where we are in this recession. Several economists announced last week that the recession was over when we had some good numbers on manufacturing. I am a bit skeptical of these predictions, and would prefer to see some successive numbers of increased manufacturing capacity before I would call the recession quits.

ES Emini Chart for Friday

By , 6 September, 2009, No Comment

Several nice trades early in the day, with the 9:30 move a very nice trade. The rest of the day the market traded in a narrow range and I probably should have stopped, but I was feeling stubborn, eeked out a few gainers and suffered a few losers.

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