Today’s online trading is a very unique day in the market since the FOMC (Federal Operating Market Committee) minutes are coming out. Trading the morning during the FOMC can be a toss up. The vast majority of the times the market will either behave itself and give us good opportunities in the early morning or it will give us nothing at all. With the volatility that the market has shown in the last few weeks I wanted to watch at least the early morning. During […]
Marcello Arrambide
Online Day Trading Market Recap: 08/29/11
Where did the volatility go? Today didn’t have anywhere near the amount of movement and volatility that we have had the last few days. You can see by my chart below that all the way into 11.30am (that’s roughly 2 hours after the 9.30 market open) the market was in an 8 point range. One of the beautiful things about the stock market is that even though the market is range bound there can still be great movement. There were a total of […]
Online Day Trading Market Recap – 08/26/11
These are the kind of days that make you drool as a day trader. Today started off choppy with a support and resistance area holding in the beginning of the day but I was still able to extract a few points out of the market. It always pays to be disciplined and with the areas holding I was just looking to just get in and out. The first chart above shows trades 1 to 6 (T1 to T6). I did a better job […]
Online Day Trading Market Recap-08/25/2011
Online Trading on August 25th was like a dream come true. The market has been moving beautifully the last few weeks and today was no exception. Since the market opened there was plenty of volatility and movement in the market. When we see this kind of volatility the market does tend to overrun our areas but today it really moved very nicely. (Click on chart to Maximize) Chart on the left is Chart 1 Chart on the right is Chart 2 Both Charts are […]
Why You Should Start Day Trading Right now
In the eyes of the typical investor the current global recession has brought many markets to it’s knees. There has been trillions of dollars of losses in the stock market and even life savings that have been completely lost. Don’t believe it? Click here to check out my story.For the classic investor the mentality is you want the market to go up. You buy low and a billion years from now your investments are worth more because the fancy gentlemen in a […]