Stock Market Trading And Analysis for 07/18/2008

The analysis worked extremely well once again and it’s a great setup for tomorrows trading! Thisvideo 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

Related Blogs

25 thoughts on “Stock Market Trading And Analysis for 07/18/2008”

  1. Hi there Metamp!,

    Thank you very much for your support and appreciation! I’m glad you’re here gaining from this community!

    Regards and good trading!,

    SnP

  2. the 1,260 resistance worked once again
    I observed in the book that the ask size vs bid size was 11k vs 3k at this level
    great job calling these levels
    can’t wait for the web site

  3. I’m pairing against a ETFs, I took that tidbit if info for granted. I automatically assumed everyone trades in ETFs.
    But thank you for helping clarify that.
    Also, thanks for all your efforts. They provide an important non-biased venue to discuss what goes on in the market.

  4. Hi there Thunder!,

    Loaded question! First, I have know idea what you’re trading or pairing against! However, I will say this… In my opinion, a move in the ES is far more convincing after 10:10a.m. – 10:15a.m. ET if you’re using it for pairing against an equity or ETF.

    Regards and good trading!,

    SnP

  5. Looks like the ‘ES’ bounced off of the 1241 level overnight.
    I dont know if you will be able to answer in time but I’m curious what your thoughts on movement of the E-Mini SnP Futures movements outside of market hours are? Should one wait for a similar movement to occur during trading hours to confirm a trade? Or if something happens at the open can one use futures as a gauge?

  6. Hi there Xavier!,

    I did get it about 6 hours ago thank you! Just so you know, I have countless emails regarding Mentoring, Testimonials for the website, thank yous, questions, etc to go through this weekend from those who have waited very patiently for quite a while! So sit tight, and with a little luck I’ll get to it shortly!

    Regards and good trading!,

    SnP

  7. Hi SnP,

    Greetings from Switzerland, I sent you some charts and comments on the Swiss Market Index on gmail I hope I had the adress right. Thank you a lot for all the great work.

    I have a small question, how do you profit of pullbacks as they always tend to diverge from MACD histogramm to enter a position ?

    Thanks in advance and have a great trading day !

    X.

  8. Hi there Steve!,

    Thank you for your nice thoughts and support as always! P.S. Don’t let me forget to call you tomorrow!

    Regards and good trading in the meantime!,

    SnP

  9. Hi there Chris!,

    Since you’re one of those Crazy Cool Canadians, let me see if I can squeeze that into tonights video because volume is so important! 🙂

    Regards and good trading!,

    SnP

  10. Hi there Zep!,

    You are very welcome my friend! Tat’s why I’m here giving back to the profession that has greatly blessed me!

    Regards and good trading!,

    SnP

  11. Hi there PM!,

    Well guess what, as a trader in the U.S., I wake up every day and look forward to seeing so many people from around the world just like you!

    So thanks for being here and representing the great country of Australia!

    Regards and good trading!,

    SnP

  12. Hi there MV!,

    Thank you for taking the time to share your insight and a possible strategy with our community!

    Regards and good trading!,

    SnP

  13. Hi there Matt!,

    You are very welcome! Thank you for being here every day learning!

    Regards and good trading!

    SnP

  14. Hi there Atto!,

    I’ll stop by and say hi! I’m always willing to give attention to message boards, chat rooms, books, etc that are healthy environments for traders and investors who want to learn without the unhealthy, venomous, people that really are not trading well any way, and that just want to disrupt real learning!

    So nice job to you, Tradersbase, and all the other sites that I’ll mention along the way that this community can use as a resource!

    Regards and good trading!,

    SnP

  15. Hi there Jay!,

    I’ll be releasing that very shortly! Sit tight a little longer until the guys are ready to release it!

    Regards and good trading!

    SnP

  16. Hi there Brian!,

    I’m putting an “SnP’s Favorites” section on my website that will be up very shortly now, so sit tight another week or so and I’ll publish that info for you!

    Regards and good trading!,

    SnP

  17. Hi there Ron!,

    Thank you for the blessings! I try sooooooo hard every day to get people to focus on the real deal and not the misinformation that just lines gurus pockets! Every day, more and more people are learning that, so there is hope!

    Regards, good trading, and thank you Ron!,

    SnP

  18. Hi there DD!,

    Why thank you very much! I’m glad you’re here!

    Regards and good trading!,

    SnP

  19. Hi there Cadaver!,

    People always want my indicators when what they should be wanting is more on the psychological issues. Well, that’s why I have the Mentoring Program, to address those issues, the real issues!

    Regards and good trading!,

    snP

  20. Hi Vegard!,

    Not enough room to address this here, I’ll see if I can get it into tonights video!

    Regards and good trading!,

    SnP

  21. Hi AM!,

    There is a whole host of issues with your note here. I cannot and will not advise people on an individual basis. You need a Registered Financial Representative for that.

    However, I will be using this note to address the community at large tonight for everyones benefit!

    Regards and good trading!,

    SnP

  22. Hi SXT!,

    1. Gap fills certainly have merit, but I only play them when they agree with the rest of my work.

    2. There are several Pivot formulas out there, and even then, in the end I tweak them based on my experience. So pick one that resembles mine and go with it.

    Regards and good trading!,

    SnP

  23. SnP!!!!!!!

    Congrats on breaking 1800 subscribers!!!! 2k comin’ right up!

    Thanks again for everything my friend! Can’t imagine this market without you! ! ! ! !

    Steve

  24. Can you explain the signifigance of red and blue colours in the volume indicator of the bottom of the charts???

    Chris in Canada!

Leave a Reply

Your email address will not be published. Required fields are marked *