Mr. Topstep contributor Mike Vacchi from Princetontrader.com in his Market Webcast discusses the E-Mini trade including support and resistance levels for today's E-mini trading.
Princetontrader Market Webcast December 3, 2012
Welcome to Princetontrader.com! My name is Michael Vacchi. Iam a full-time futures trader/educator. I focus primarily on trading the e-Mini using my proprietary Pivot Points, volatility levels and Bollinger Bands to project price movement.
Volatility levels are areas in which buying or selling is likely to become exhausted. Allowing for a reversal of prior direction, or conversely, a breakout above those levels to bring in new buyers or sellers to a market. The use of the volatility levels and pivot points can be equally applied in index trading, currencies, softs, volatility, energy, metals and grains. These levels have been used with great success in our chat room as a part of our Princetontrader Premium Service. I also produce a daily Market Webcast viewed by hundreds of futures traders.