International Council of Shopping Centers

11-12-2013 4-56-47 PMToday the E-mini S&P opened at (1766.50). At 10 a.m. US/Eastern time The da’ys high was reached at (1770). The day’s low was reached about five minutes after opening at 9:35 a.m. US/Eastern time of (1764). The International Council of Shopping Centers publishes a weekly report of comparable store sales at major retail chains. This report accounts for about 10 percent of total retail sales. The report this week states there was a 1.2 percent jump in week-to-week same-store sales for a 2.3 percent year-on-year pace which is up 4 tenths in the week. This was most likely the result of colder weather and lower gas prices in the November 9 week.

Gallup U.S. Job Creation Index

11-6-2013 4-45-49 PMToday, the opening price on the E-mini S&P market was (1765.50). At 10:00 a.m. US/Eastern, the day’s high was (1770). The market’s low price point, (1760) was hit today at 11:10 a.m. US/Eastern. For the first time since April, the Gallup’s Job Creation Index has registered below +21, at +19. The index for October 2013 is similar to the October 2012 average, but is still higher than the low levels seen from the second half of 2008 through 2011. Gallup began tracking job creation in 2008. The index score from last month is tied for the most positive for any October since Gallup began tracking job creation. Federal worker reports of net hiring fell six points to minus 10 in the last month, most likely a result of the government shutdown. Net hiring reports among local government workers were just as bad, loosing six points for a score of +9 in October. State government workers net hiring score also dipped from +17 to +14. Overall, net hiring fell slightly in October mostly due to less hiring at all levels of government. Hiring still remains stronger than in recent years, with only federal workers reporting more layoffs than hiring.

Jobless Claims

10-31-2013 5-11-38 PMToday’s E-mini S&P opening price was (1756.50). The market price dipped to (1750.25) for the day’s low at 10:40 a.m. US/Eastern time. The market day’s high of (1764) was hit at 2:35 p.m. US/Eastern time. In the week of October 26 jobless claims at 340,000, which is 10,000 below the previous week. Government contractors who were filing claims during the government shutdown in the first half of the month and California, with counting problems that were tied to a computer changeover, are no longer inflating these factors. The 4-week average has risen to 356,250 in the latest week, which is the highest reading since April. In the latest data which is for the October 19 week continuing claims are up 31,000 to 2.881 million. The 4-week average is down 10,000 in the latest week to 2.879 million which, is a bit above the month-ago trend. For insured workers, the unemployment rate is unchanged at 2.2 percent which is just up from the recovery low.

Objective Trading – No Monkey Business

As a trader, you’ve probably looked at many indicators, automated systems executed by brokerages and mathematical formulas. If you don’t have the time to actually watch charts and place trades, an automated system might be your only bet. Then again, why would you trade futures unless the brokerage could provide sufficient proof of profits? It’s always better to be in charge of your own trades – to control your profit targets and stop losses. The Atlas Line from Day Trade to Win bridges the gap between the world of somewhat tedious, manual trading and the convenience of automation. The Atlas Line is software that provides exact entries, either long or short at opportune times when price is most likely to either rise or fall in the specified direction. You can add an alert sound when an entry is plotted, so you can put down the newspaper from the other room, run to your computer, and place a trade. How do the stops work? Easy enough – you’ll learn exactly where to place them by attending the live training program that’s included with purchase. Additionally, you’ll learn how to place the proprietary Strength and Pullback trades.

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Clean Charts, Clear E-Mini Price Action Trading

John Paul from DayTradeToWin spots a Power Price Action trade setup and trades it live. Notice how there are no indicators used to spot the trade. Unfortunately, we can’t explain what Power Traders like John are seeing on the chart that allows for this trade. Rest assured, it’s based on objective rules and not flimsy ideas that can go either way. Anyone can learn these propriety setups from the 8 weeks of live training and 4 DVDs that come with the day trading course. These setups occur in the E-Mini, currencies and Forex markets on a daily basis, even multiple times per day. If you’re a visual learner, then learning this simple strategy is a great choice. A color training workbook is included with the course. It’s not an upsell scam either – you can truly trade just this one strategy, make money and be fully content.

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