Get started

Spxtrading

S&P500 First 4hour Golden Cross in 2.5 months.S&P500 formed the first 4hour Golden Cross since January 16th, breaking above Resistance A. The RSI is on a Rising Support, same with the previous bullish leg of January. Following the Golden Cross, the price pulled back to Fibonacci 0.5 and then resumed the uptrend. Regardless of this potential pullback, we remain bullish on the S&P500 index, with our Target intact at 4280. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US500Long
by TheCryptagon
SPX Markets And What They MeanLots of SPX Traders have been watching for price direction for a long period of time now, tentatively awaiting the next 'big move'. That move hasn't really come and although oscillating to the upside slightly over the part 8 months, price is still more or less where it was at the start. This leads a lot of Traders wondering why and encourages them to surmise the reason in their head. Is the market just bad? Is it the news? How do I know which? Well the truth is the market starting falling upon fears economically. This was both natural and inevitable. After large upswings markets have got to come back there is no way to sustain price and debt for such a long period of time, hence the housing crisis and all other crisis that occur. Over time, something happens to bring it all back down to reality. We then see what you may call a 'hope bounce' and markets return somewhat to normality. This is commonplace across futures and often occurs after sustained periods of movement. In fact, it provides ample hedging room and partly why I trade UK equities so much. You then get to the stage where people are hoping for a larger recovery. They make bad trades, they load into the market and they ignore Key PA levels and rules. This leads to pain. So Trade exactly what you can see and when there is no sure sentiment and no blowout reason for up or down, trade factually as labelled on our chart. Trade small and Trade safe always.
CME_MINI:ES1!
by WillSebastian
3
SPX Futures.. The way Markets Fall and RiseHey Guys, I covered this earlier but you must be aware of how markets fall and rise and why and how you must act to be a profitable trader. 1. Do not Race in. If you flick back in time to any fall In Similar markets (or the SPX only) you can see how it trickles down over time. This is because former levels must be broken. 2. Gauge market value. Do not buy Highs and do not sell lows. Just be patience and trade moves. 3. Trade in stages; Linking back to point 1 the markets will fall often in stages giving you the chance to buy and sell over time. And most importantly CHECK what is going on in the world. It just helps a little to know how far into the woods the global economy is and how long its likely to take to get out! Important Rules. Be prepared ALWAYS! Look lower to 3400 and circa 3200 for Future longs. IF we get there. If we do not you shall lose nothing.
SP:SPX
by WillSebastian
14
Trading With The Future In Mind.. (Make Better Decisions)There's nothing I enjoy more than telling people hey, Take a Trade Here Or There. That's because it means they are being WISE to what is required to enter and exit the market repeatedly for profit. This does not require a Genius. This doesn't require you to be a millionaire.. It just requires KNOWLEDGE so you can gain power over the Market. This knowledge is about TWO things mainly: What is an accurate Price point for Entry/Exit and Why? What is appropriate Risk Wise for that Price Point? Whether you are Trading Today, Tomorrow or Next Month you will need to be able to answer those questions at any time (preferably with your eyes Closed). After all, Markets play out OVER time and not all at once, so you are going to need to plan. If you do not trade with a plan and you are buying and selling randomly like a lunatic, it hurts, because you have no reason behind what you are doing. Trades must make sense to you and you must be comfortable with your entries and exits. If you aren't comfortable, its likely you have no plan. Anyhow lets chat about it!
CME_MINI:ES1!
by WillSebastian