The new trading signals services are online today ready to go at www.intersighttrading.com. Right now the trading services are for S&P 500 Index trading (ES futures contract) and spread trading. In the future we will be adding Forex. These services are priced at an introductory discount and those who subscribe now will be grandfathered at those prices.

I the coming months we will be offering video training modules as well…stay tuned.

Good trading,
Darryl

For some time I’ve been watching the S&P 500 for a turning point in the current up move.  One of the key reference areas I see as strong resistance is 109.68 in the SPY (the S&P 500 ETF)…this is because there was an unfilled gap left there from October 2008.  Yesterday that gap was filled, I went short, and the market quickly moved off that area.  Today we are down over 10 points in the futures contract.

I always say that the market moves in probabilities, not absolutes, so I see a greater probability of the market making a sustained move down than continuing up.  However, if we do break above yesterday’s high, I’ll take the trade off and either reverse my position or wait for another good short opportunity.

Good trading,
Darryl

Note: these statements and opinions are for informational and educational purposes only and do not constitute a solicitation to buy or sell any security.  By viewing this blog you agree with our Disclaimer.

Hello. This is the first blog post in what I expect to be many in the future. I will be adding trading tips, commentary, musings…ideally, information that will make you a better and more informed trader. If you are not familiar with my firm, InterSight Trading is a trading education service for those wanting to either begin a career in trading, or to improve and refine your skills if you already a successful trader. A trader’s learning never stops and I’m here to help you get more consistently profitable.

There are already many online trading education services and blogs out there already. However, what makes me different from the vast majority of trading educators and so-called “experts,” is that I’ve been a full-time trader and have made my living from trading profits alone. In my last four trading years, my net percentage return on trading capital has been consistently in the mid triple digits (see www.intersighttrading.com for details). According to my knowledge and research, no one else posts claims anywhere near that (or at all!). Think about something: have you ever noticed that most online trading educators don’t show a track record? Since this is a results oriented business, the only reason I can assume why someone doesn’t show their year-over-year results is because, well, they don’t have any…or if they do, they must be very poor or inconsistent. Try asking one of the “gurus” at a free trading event sometime and you will get an awkward response or excuse.

OK, enough ranting. As you can see, this is a pet peeve of mine. In fact, the main reason I started InterSight Trading is because there’s a severe lack of successful traders teaching others how to trade. My goal is that you will “Trade Like An Expert by Learning From An Expert.”

Stay tuned to this Blog.

Best,
Darryl Van Dyke