S&P Daily Pre-Market Prep 8/23/16
Still in the range but now at the top end of it, so looking for a break or a fade back to the bottom of the range. Volume still to the low side.
Still in the range but now at the top end of it, so looking for a break or a fade back to the bottom of the range. Volume still to the low side.
Well, back to trading, although I can't say I'm overly excited...
Crude Oil trading has been shaky this week, to say the least. OPEC announced an informal meeting for September, prompting the price to rise sharply on traders’ fear of a production cut. However, that...
Market value is a big factor in the moves we are seeing right now. Or rather, an understanding of Market Auction Theory, Value based concepts helps us to make sense of this action. We’d seen the...
So the range appears to have broken - or has it? That's the question today. We had a good breakdown and just under 2 million contracts traded.]Thing is - depending on how you define the range we...
No surprises on Friday but on Sunday evening, we managed to finally break out of the range. Of course, that's overnight and we need to hold this in the day session today.
Futures trading can be a lonely business if you do it from home. So it’s good to talk to other traders. I was chatting with the head of a new Prop trading firm in London yesterday (as you do) and the...
Still in the range! 1.8 million contracts traded yesterday and the range was just under 12 points, so something on the table for the patient.
Friday we didn't do much of anything but overnight, we've managed to break the high again - without a lot of conviction. Volume has been low overnight, so looking to see if there's any levels that...
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