Archive for the ‘International Markets’ category

Correlated Markets

June 11th, 2012 6:56 AM UTC

Recently with all the hoopla coming out of Europe the Bund (German 10yr bond future) and the 10 YR Treasury Note futures have provide a nice barometer for the ES. Lately there has been a pretty nice reverse correlation where the credit instruments will trade at a new high and the stock indexes will trade at a new low.

For anyone new to the markets, don’t expect it to be tick for tick, but these types of related market correlations can be very helpful to understand and keep an eye one.

These correlated market concepts are being taught in the new MarketDelta Trading Room. It is worth joining in and learning how to apply.

Here is a screenshot of my 3 DOM’s from MarketDelta Trader this morning.

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Posted in Basics, E-mini S&P 500 Futures Contract, International Markets, MarketDelta Trader

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MarketDelta Adds a Trading Room

June 8th, 2012 1:05 PM UTC

For anyone interested in learning more about the Footprint and especially how to apply it to trading, MarketeDelta recently launched live trading room.

The room is moderated by a professional trader and someone who has actually been trading for a living for over a decade and is a member of the exchange. These 2 things give the room a lot of credibility.

http://www.marketdelta.com/products/tradingroom

The room offers is very well suited for anyone looking to learn more about applying the Footprint, see and hear how a professional trader analyzes the market, and how a professional trader manages a trading position. For $99/month this is a great value.

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Posted in Basics, Commodities, Crude Oil Futures Contract, E-mini S&P 500 Futures Contract, Forex / FX, International Markets, MarketDelta Trader, Stocks

Topping Out the FDAX

May 27th, 2011 8:12 AM UTC

That FDAX is a great trading instrument because of the volatility it offers and good liquidity.  Here is a bid ask Footprint chart on a 1 minute time frame from this morning that I couldn’t pass up showing. It offers two valuable things.

  1. A topping pattern that you would only see on a Footprint chart. (longs stuck at the high) and,
  2. Short term reference point based on an area of volume that served as resistance.

The second screenshot below developed as I was writing. Notice how this trade continued to play out in our favor!

Footprint chart of the Dax

Click for larger view

Click for larger view

 

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Posted in International Markets

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