Added: May 21, 2008
From: SnP500Trader
Duration: 9:19
Thank you for your great comments! Today was an awesome day! Learn to fish for yourself here! This video series is geared towards Investors, Swing Traders, and ultimately Day Traders who want to be armed with key observations for the upcoming major market move that will be happening shortly! Remember: You will consistently hear me reference previous videos during my nightly presentation. That's because each new video builds upon the last as we demonstrate real world trading and investment analysis. Take the time to review all of our videos to expand your market awareness! You're welcome to subscribe to our videos to keep up to date on the latest market analysis and techniques. Over 700+ of your fellow traders have done just that. If you want to be armed with the same education as them, subscribe. Don't worry, we in no way shape or form, spam our subscribers. You become like family to us!Important disclaimer and reminder for all Traders and Investors! These videos are for educational purposes only. Equities, Futures, Options, and Currency Trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Absolutely do not trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell equities, futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this channel. The past performance of any trading system or methodology is not necessarily indicative of future results. Absolutely consult your Registered Financial Advisor and your Risk Trading Plan before ever investing or trading any financial instrument!
Channel: Education
Tags: business charts commodities daytrading e-mini emini finance forex futures investing market money s&p stock stocks
Rating: 5.00 (19 ratings) Views: 2389' favoriteCount='6 Comments: 8
bdc03 Says:
May 21, 2008 - Dow could be at 11thousand soon. Trend is bearish don't believe the hype.
SnP500Trader Says:
May 21, 2008 - Hi there 211!,Thank you for your compliment! That's exactly what we're looking for when developing these levels, a confluence of circumstances (levels). So when the Gann's line up with the other forms of S&R, it makes the party that much more fun!Regards and good trading as always 211!,SnP
SnP500Trader Says:
May 21, 2008 - Hi BDC!,I've discussed what we're looking for to show innocence, and the evidence just never came! So this Bear market is guilty until proven innocent! Needless to say the Bulls aren't exactly stepping in for a lineup :-)Regards and good trading!,SnP
sjorlo Says:
May 21, 2008 - COMPLETELY AWESOME SnP ! ! !Can't tell you how great of a day this was - thanks to you! - I was just telling a friend (who is sooooo confused) just how you teach a method to all the madness that not only calms - but also enables!!!!!Dude, I cannot thank you enough and I am 100% dedicated to helping others as you have helped me!!Thank you very much again SnP!!!Steve
SnP500Trader Says:
May 21, 2008 - Hi Steve!,Dude, that's great! :-) Thank you for sharing our channel with your friend! I've been hearing about many great people here sharing information about me with their friends all over the world. I'm honored that so many people are coming to recognize what we're doing here! The best part is that it's going to get even better as we go forward! Regards and thank you again for all of your continued support!, SnP
willis1116 Says:
May 21, 2008 - Your videos have save me and my friends from losing a lot of money today. I told them to buy the QID, DXD, and SDS once we broke down 1400 on the S&P 500.Today I invested in GLD and PLG because with UUP looking bearish and inflation these look like the best moves at the moment.Thank you for your excited technical analysis
SnP500Trader Says:
May 21, 2008 - Hi Willis!,Greetings to you and all of your friends in Canada! I'm very glad my training kept them from making a mistake, and even more glad that you're applying what you're learning here and telling your friends about it! Keep up the good work!Regards and good trading as always!,SnP
eoday3 Says:
May 22, 2008 - SnP what chart do I need to use during the day 60min 30min 15 min? Thanks eod
SnP500Trader Says:
May 22, 2008 - Hey there End of Day!,In the nightly videos I typically demonstrate the 15min chart and the Daily chart. However, I also use the 30min, 60min, Weekly, and also a few very short term charts for scalping strategies. So really focus on the 15min and Dailys to follow the lessons here! Regards and good trading as always!,SnP
bingk6 Says:
May 22, 2008 - Hi SNPCould you give us an update on the progress of your website and availability of your videos
SnP500Trader Says:
May 22, 2008 - Hi Bing!,Thank you for asking. I have several Mentoring sessions this weekend starting Friday night at 4:00p.m. (ET) which will keep me busy. However, with a little luck, the website with be done this weekend and ready for review by my already identified volunteers.As for the Daytrading Video Course, I've delayed it's release slightly after some great feedback I got to enhance it, so stay tuned!Regards and good trading!,SnP
SnP500Trader Says:
May 22, 2008 - Hi CTA!,I've thought about adding those levels to a page on my website to help people. See my note to Bing here about how that's progressing!Regards and good trading!,SnP
kjguest30 Says:
May 22, 2008 - Hi SNPGreat video!Just put a fib retracement from 1440 on the 19th down to 1390 yesterday.38.2% = 140950.0% = 141561.8% = 1420Where have we seen those levels before - might be something in your analysis of S/R levels ;-)Kevin
SnP500Trader Says:
May 22, 2008 - Hi Kevin!,Thank you very much! That's what I say every day.... When you get Gann, Fib #'s, Pivots, and previous reversal points all coming together, you increase your odds of success! Thanks for your post!Regards and good trading as always!,SnP
VeracityMedia Says:
May 22, 2008 - Nasty little bear flag on the 60min if it closes like this, huh?
SnP500Trader Says:
May 22, 2008 - Hi VM!,Excellent observation! If we close today out right where we're at, this market really has very little option but to have a "super rally" to erase much of the last few days fall, or have a "nasty" new leg down. Of course if you short as much as you go long, the term "nasty" will actually be a really pleasant surprise :-)Regards and good trading!,SnP
2112618 Says:
May 21, 2008 - Great vid. Perhaps we will test the broken support from below now on the DOW?Another great day for me thanks to these levels. On the daily chart, there is a Gann (Square of Nine) S&R level at 1406 SPX (CASH) and 1438Interesting, those levels also coincide rougly with two of your pivots.