From first 6 5-minute bars of E-mini S&P, average volume exceeds 10k contracts. I am looking ahead a volatile, and hopefully, trending day. Three index futures (E-mini Nasdaq, mini-sized Dow, E-mini S&P) are moving up with E-mini S&P leads with a gap up.
As at this point of time, I am looking for Long opportunities.
by Gav
Here are the pivot levels I am looking at for 12-September-2006
[photopress:Pivot_1.jpg,full,centered]
I have been receiving emails like this, which is interesting. It always get filtered into my junk mail folder. I am wondering, if people still belive it is possible to have weath dropped from the sky? Stock alert? God bless.
STOCK ALERT!
TRADE DATE: MONDAY,SEPTEMBER 11, 2006
ThermaFreeze Products
Symbol: TFZP
Price: $.45THIS ONE JUST STARTED TRADING!
IS THIS YOUR CHANCE TO GET IN ON THE GROUND FLOOR
AND RIDE THE STAIRWAY TO HEAVEN?!!RECENT NEWS: PLEASE GO READ THE STORY RIGHT NOW AND SEE WHAT THEY DO!!
ThermaFreeze Products Corporation Commences Trading -Announces Introduction
of Breakthrough Cold-Chain Management Product Line.The Company’s flagship products, ThermaFreeze(TM) refrigerant and ThermaBarrier(TM)
thermal packaging material, are technologically advanced, highly efficient and patent protected.CAN TFZP CAPTURE A BIG PIECE OF THE PERISHABLE SHIPPING REFRIGERANT MARKET?
DO YOUR DUE DILIGENCE!! GO TFZP!! THE ALERT IS ON!
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It was another boring day. No dummy setup for me before 12 NY time. E-mini S&P started with strong volume. It was expected to be a volatile and maybe, trending day. E-mini Nasdaq, E-mini S&P as well as mini-sized Dow took a dip during the opening and reversed up in the afternoon.
Though no dummy trade was done, I recalled my CBL (Count back line) trading method. I used CBL entry to trade reversal pattern in SIMSCI futures (MSCI Singapore Free index). Some examples, here and here. I am now again interested to evaluate this method to trade E-minis and Dow.
I was so excited to start trading on my Tradestation. But I am not excited to lose money. No trade for the first day of the week and first day of my tradestation journal.
Here are the pivot levels for 11-September-2006. The reason I calculate these levels, is to assist my profit taking decision in dummy trading.
[photopress:pivot_1_2.jpg,full,centered]
This is going to be a busy week. We have a number of announcements.
Weekly Economic Calendar
| Date | ET | Release | For | Consensus | Prior |
|
Sep 12 |
08:30 |
Trade Balance |
Jul |
-$65.5B |
-$64.8B |
|
Sep 13 |
10:30 |
Crude Inventories |
09/08 |
NA |
NA |
|
Sep 13 |
14:00 |
Treasury Budget |
Aug |
-$60.0B |
-$51.3B |
|
Sep 14 |
08:30 |
Business Inventories |
Jul |
0.6% |
0.8% |
|
Sep 14 |
08:30 |
Export Prices ex-ag. |
Aug |
NA |
0.2% |
|
Sep 14 |
08:30 |
Import Prices ex-oil |
Aug |
NA |
-0.1% |
|
Sep 14 |
08:30 |
Initial Claims |
09/09 |
NA |
NA |
|
Sep 14 |
08:30 |
Retail Sales |
Aug |
0.3% |
1.4% |
|
Sep 14 |
08:30 |
Retail Sales ex-auto |
Aug |
0.5% |
1.0% |
|
Sep 15 |
08:30 |
Core CPI |
Aug |
0.2% |
0.2% |
|
Sep 15 |
08:30 |
CPI |
Aug |
0.3% |
0.4% |
|
Sep 15 |
08:30 |
NY Empire State Index |
Sep |
14.0 |
10.3 |
|
Sep 15 |
09:15 |
Capacity Utilization |
Aug |
82.5% |
82.4% |
|
Sep 15 |
09:15 |
Industrial Production |
Aug |
0.3% |
0.4% |
|
Sep 15 |
09:50 |
Mich Sentiment-Prel. |
Sep |
83.1 |
NA |
