Thread: SandP500 trading

I am a long time Forex trader and to be frank I've never paid attention until few weeks ago. My broker finally make it accessible!

I wonder if someone with experience in this symbol could enlight me two major things:

- Which time(s) would be the best to watch/trade SP500 for a day trader ?
- Which news events have an impact on this SP500 ?

Any other usefull infos will be welcome!

Thanks for the help of a newbie

Originally Posted by ;

quote easy 218x. Ill will take profit and proceed for short profit. Easy trade.

Take profit a bit early in 217x. Proceed short at this level. Lets ride the ride back into 210x with reset

Originally Posted by ;

Hey guys Now I do not work with futures, but checking them everyday economical news have the biggest influence. Also like ebola, for example. Should you find something new about ebola, new evidences and so on - SP will fall SP is connected with NQ and DJ. Like when IMB released their financial statements, NQ dropped down and SP little bit too. I seem trough all news at the morning. And that - charts, and trying to connect and to make my prediction. Good luck PS my buddy once explained that SP chart after 2008 is...

Thank you Luiche.

Originally Posted by ;

I've friends who trade stocks and ETFs. They trade when the US market opens because of the volatility.

Top notch response. Very correct

Originally Posted by ;

quote Im also searching for 2280-2300, also preferably 2300.34 that is slightly different but at least were fishing in precisely the same pond. And the levels you are currently looking for a rebound are exactly the levels im searching for. As far as the 50-60% correction....from what levels? In the current election low, the Jan low, or something further back? My count has us in a wave 3 currently and I see that a pullback before santa coming into city and taking us into the highs with this 50-60% isnt displaying in my own cards. But I could be?

I am sure you did not pull out those levels from the end, nor the bounce areas either so you are either lucky or been doing it as long as I have. You won't observe the drop because its a way individuals have come across along with the book that I read cost a600 not a lot of people wil cover the knowledge. Currently this bull run is a little too long. 7 to 8 year is to occur. Next is that the shift in US leadership, a fantastic alyst for an event to occur. Rates are going up because the banks wish to reset the debt and screw the people in order that they can hand them pieces of useless paper. Media is spinning lies about the rate hike becoming required. People here on the forum are all saying we require a hike. Why, the cost of borrowing goes up along with the banks begin to draw in the debtors making each ones life crap. Businesses stop expanding, companies stop hiring. Lets face it no one needs two TV's a new smart phone along with new car so that the economic stimulation will not happen. Folks are being paid, made to operate on no time contracts and automation is decreasing the need for new folks to get hired. Markets collapse on optimism. No one feels they have a job for life. So the stimulation of the markets on money only fueled a few years of no growth, but companies could borrow from the banks buy their stocks back and make a profit. As soon as the cost of borrowing raises these businesses will be forced to sell their stocks to raise funds as they are unable to exist anymore based on borrowing at 7%.

No one has thought through this correctly, certainly not the people that are self made to protect protect our financial system. The FED are unaware of the policies and the impact of their actions. They do not understand, that by delaying the wreck, they simply made it get stronger. Chaotic events such as market collapses do not require a lot to trigger their declines. If they had allowed a controlled collapse by raising rates a lot earlier steered them back in they might have take the sting from a recession, a decline. Instead the wreck will be more aggressive than ever.

This makes me think the crash will be more 60% than 50%.

Errata/Corrige SP500
high %Probability (see daily)

: enter ... (SHORT @2304)

SP500
high %Nominal

: input ... (SHORTing @now into 2233) ... then ... (LONGing @2118 to maximum 2246) ... finally SHORT ...

I have friends who trade stocks and ETFs.
They generally trade when the US market opens because of the volatility.

Originally Posted by ;

I've friends who trade stocks and ETFs. They usually trade when the US market opens because of the volatility.

Thanks for the info.

Hello ,

I'm a very long time Fx trader myself and additional futures indicies this year.

Concerning the SP500, anything which has a significant effect on USD affects it. Interest rates and anything related as well as the NFP.

Each stock index moves during the nation's session - which would mean that the US session for SP500, the australian/asian session for the ASX.