Apr 292009
S&P 500 emini futures Monthly chart
Click on chart to ENLARGE
S&P 500 emini futures Monthly chart April 29
Apr 292009
S&P 500 emini futures trading course Click on chart to ENLARGE
S&P 500 day trading April 29
Apr 292009
S&P 500 emini futures day trading course
Fed meeting is coming out. Watch out for some volitility arond 2-2:15 as everyone starts to position themselves. If you see a fall off in volume on the trading DOM you might want to stand a side and let it play through.
Normally when there is a low cumulative volume the market makers can go in and sweep many price levels. If you are in at this time it can literally take out your stops in seconds.
Be careful, always trade with a stop.
