Professional Trader Education

2009

Greg | September 3, 2009 | 0 Comments

Just a quick update on our SP short swing trade. (you can find it here if you missed it)

After an initial breakdown from the 1030 level that put in new contract highs on divergence and low volume, the market swiftly took out the 1,000 level finally coming to rest at 991.
The pause and consolidation is expected especially given the upcoming long weekend and Friday mornings Employment report.

The market still projects to a test of the 981 area before attracting any significant buyers

Click here to download and access the Chat room

You will need the Room Lock word to enter
Members: Log into your accounts to access it
Guests: Go Here and register for access

See you in the chat

Greg

Something Cool For FOREX Traders

FX Solutions announced a live trading competition beginning Sunday September 20th and ending Friday October 16th.

The total prize pool for the Competition is $101,500, with 30 winners.

You can participate with a minimum deposit of $500.

The breakdown of prizes is as follows:

World Champions

First US$25,000

Second US$10,000

Regional Competitions

For each of seven regions, four awards will be given:

First US$5,000

Second US$2,500

Third US$1,250

Fourth US$750

* Seven Regions include: North America, Latin America, Asia/Pacific, China, India, Middle East/Africa, Europe.

If you wish to participate, you can open an account here: https://www.proedgefx.com/accountform/fxOnlineApplication.aspx?ref=TTZJ

Important: You must use the promotion code "GTS CONTEST"

A demo of the platform is available here: http://www.infinityfutures.com/fx/gtsdemo.aspx?ref=TTZJ

Official Details are here: http://www.infinityfutures.com/fx/fxsolpromo.aspx?ref=TTZJ

Category: Market Commentary

About Greg: As the Founder and President of TheTradingZone.com, I have been active in financial markets, and trading since 1992, and as a trading educator since 2003. View author profile.