Search results

This shows the bigger picture what i expect

Oops forgot the charts I made!

Sorry I didnt get a chance yesterday to post the key zones for today. Market appears to be consolidating after the nice bullish move on tuesday. The market appears to be in good shape and may be poised to run as there is not resistance that close. Key zones Support - 12560 12500 12400...

12560 is now a key support zone within this breakout. Notice how this morning the bulls denied the bears attempt to push the market lower on several counts. 12560 will remain key for the rest of the day. 12540 will now act as support also.

As of 12:18 PM on Tuesday the market appears to be near my key resistance zone, however the market has momentum, and it appears to be treating this former resistance almost as a base for the day. This is a circumstance where selling is not advantageous. This is exactly the situation what i was...

Hey guys hope everyone had a good session today. For tuesday I am looking for the YM to head higher. Late in the session monday the bears were denied 12440 which could be an indication that the market is heading higher. Tuesday key zones Support - 12400, 12440 Resistance - 12480, 12540...

Hope everyone had a great weekend. So monday look for these key zones in the YM. Look for the up trend to continue. I expect some resistance at 12460, 12480, and 12500. I largely expect the market to run up to 12600 over the next few days. To be honest im not quite sure where to really...

I feel like an idiot for not saying in the above post for not getting the resistance right in my post but getting it right on the chart. So the high this morning was 12492 8 points off my zone. I dont know how much closer I can really get in reality it really looks like the zone is +/- 10...

I am not actually in the market right now. Between school and not having a bankroll its just not possible. Baller (Arya cough cough) please do not ruin this thread I put a lot of time into my journal i do not want you wrecking it.

Please reference chart for analysis. So for tomorrow expect support at 12340 and resistance at 12460. Right now the bulls have the upper hand and should drive the market to or near 12460. Largely i expect a trading range unless the bulls can push through 12460 with momentum. If thats the...

So today pretty much went along the lines that i said it would. I have to admit though, while the market was plunging this afternoon i was skeptical at first about whether the support was going to hold but i came back by the close astonished to see that the dow had indeed V bottomed to close...

Ooops forgot to attach

Please reference the attached chart for my analysis. So for Thursday I expect things to go the bulls way at first but ultimately i am expecting a wide trading range. Look for support in the YM @ 12350 and resistance at 12450 and 12500. Also there is minor support at 12370 and minor...

So far todays session is about what i expected. Typically i have found that the bulls will tend to regroup just above prior highs and prior but also at the base. This is similar to the way the dow behaved going into the morning session. Since the dow blew through 12300 its next support was...

please reference my attached chart for my analysis. Tomorrow look for support at todays lows and 12375. If the market breaks 12375 the next support should occur near 12300. Current resistance is todays highs and again at 12475 and 12500. The way the market reacts at these key areas...

I am the administrator for the stock competition for my finance group. We are using virtualstockexchange.com I wanted to gain some experience trading a basket of stocks because after about 9 months I really felt out of tune with individual stocks. The more I think about it the more I lean to...

Been a while since i posted an update. Well I did not get the internship I had been describing. It appeared as the perfectly internship for me in terms of the program and practicality. I am taking this in stride not letting it get me down. I am really going to focus on improving my...

so im curious if anyone could solve that hyroglyphics. Man and i thought the chain rule was confusing :confused:

It sounds like your getting to where you need to be, albiet you are still losing money. IMHO you are probably overtrading, prop shops thrive on the noobs that scalp and churn out high rates. My suggestions. Cut the basket down as far as possible. Eliminate the stocks you are least...

Well unfortunately I am no longer in the running for this position. Thanks to all for their advice.