WOULD YOU PREFER TO SPEAK WITH US ON THE PHONE OR A VIDEO CALL? CLICK HERE.

LIVE CLASS SCHEDULE
ABOUT RDT
ABOUT RDT MEET THE RDT TEAM ABOUT NINJATRADER TESTIMONIALS
COURSES
COURSES AND PROGRAMS (ENGLISH) CURSOS Y PROGRAMAS EN ESPANOL CLASS SCHEDULE THE VAULT
NEWS
MARKET NEWS BLOG
UPROFIT TRADER CONTACT
GET FUNDED
Join Our Discord Channel

Tuesday Morning Emini S&P Rundown 1-18-22 & How I Connect My 3 Charts Through Fibonacci and EMAs

Jan 19, 2022

Happy Tuesday folks! Almost said Monday—but we had MLK day yesterday and the market was VERY sleepy! I almost never trade on half days, so I just used it as a day for catch-up. 

We’re switching things up here a bit and we’re going to be giving you some more education, so you’ll catch some good information here as to why I use the particular charts I do, how the EMAs connect the charts and Fibonacci numbers being used in the market

On to what we see going on here today! Let’s start out with the news—we don’t have a lot this week, except for Thursday—that day will be a doozy of a newsie day!  So, if you have a plan that requires you to stay out with news—make sure you have your eyes on Thursday.

So for the movement we see, the market sure had made a move to the downside!  We’re at, what I call, “Extreme Areas” which means we will likely see a bounce back up to balance things and allow space for the MACDs to move back down a bit more.  It is definitely poised for more down—but we do have some “traditional areas” that tend to hold coming up in our sights.  So, pay attention to what the MACDs tell you about the area and whether it should break or hold once we reach it!

Alright—I’m running a little later than planned today, but its time to get this show on the road folks!  I hope your short week is amazing and reach out if you have any questions we can help with!  We love talking to shop with you and as always—we’re looking forward to catching YOU on the profitable side!

Stay connected with news and updates!

Join our mailing list to receive the latest news and updates from our team.
Don't worry, your information will not be shared.

We hate SPAM. We will never sell your information, for any reason.

Categories

All Categories day trading habits trading recaps

All content published and distributed by Responsible Day Trading and its affiliates (collectively, the “Company”) is to be treated as general information only. None of the information provided by the Company or contained here is intended (a) as investment advice, (b) as an offer or solicitation of an offer to buy or sell or (c) as a recommendation, endorsement or sponsorship of any security, company or fund. Testimonials appearing may not be representative of other clients or customers and is not a guarantee of future performance or success.

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. This is neither a solicitation nor an offer to buy or sell futures, options or forex. Past performance is not necessarily indicative of future results.

CFTC Rules 4.41 - Hypothetical or Simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, because the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.