NEW FREE! REAL-TIME QUOTES

BullsEye -- Insights For Active Traders

Browse Archives

« November 2009  
Su Mo Tu We Th Fr Sa
1 2 4 6 7
8 9 10 13
15 16 20 21
22 23 24 25 26 27 28
29 30          

RagingBull RSS Feeds

Featured Articles Featured Articles

Trader's Lab Trader's Lab

Advanced GET Trading Advanced GET Trading


Overnight MOB Levels

Posted on November 18th, 2009 at 11:00 AM

The MOB is a many splendored thing...

Awhile back, a friend of mine from New York asked me if I'd ever looked at the MOB levels from the overnight trading in the e-mini S&P. It was something I had never really looked at consistently, so, upon his request, I started paying more attention to it. He was absolutely correct, in that, many times, if we look at the MOB levels from the overnight trading's high and low, one of those MOBs will wind up giving us the high or the low for the following trading day! In SOME cases, it actually gives us BOTH! Taking a look at today's e-mini thus far shows this happening in today's session.

Here is a shot of the ES Z9 chart as of 830AM EST this morning.

MOB


As of the time of this post, 148PM EST, here is where we stand for the day.

MOB2

As you can see, at least until this point, the MOB levels have established the range for the day. Even if we break out of it from here, the MOBs have done their job in giving us some key levels on which we can focus for the day's trading.

The MOB is a many splendored thing...

Be Prepared!

Additional Resources:

Join us at a FREE online seminar for Advanced GET.
Check out the entire feature list for Advanced GET.

Share This

|   More

Trading Corner

Free Newsletters!

Choose one or all of the following newsletters:

6 Free Issues of Trading 101 Newsletter

Trading 101 Newsletter

Options 101
By Bernie Schaeffer

Want to learn more about Options trading? Read this article and get a "primer" from avid investor Bernie Schaeffer, founder of Schaeffer's Investment Research, on options. Learn what puts and calls are (with charts) along with why investors/traders should consider options in their portfolios. Plus more!


6 Free Issues of Trading 201 Newsletter

Trading 201 Newsletter

So, You Want to Trade Forex: Understanding Forex in Plain English

By Raghee Horner, Founder / Lead Trader of EZ2TradeSoftware.com

Get the inside scoop on a hot trading topic! Check out this article on the basics of Forex trading by Forex trader and owner of EZ2TradeSoftware.com, Raghee Horner. And, see what else Trading 201 has to offer. It's six months of FREE investment information from masters of the trade.


Fast Break - A Weekly Newsletter for Futures Traders

Fast Break Newsletter

Fast Break's timely content brings you a high-level look at and in-depth view of current market moves, trends and events, plus analysis, tips and market reviews, as well as trading techniques, pointers and tools you can use immediately.

Sign up, compliments of eSignal, and discover the futures trading advantage you shouldn't be without.


Market data delayed per exchange rules. All quotes are in U.S. Eastern Time (EST).
© 2009 eSignal, Inc., a wholly owned subsidiary of Interactive Data Corporation (NYSE: IDC). All rights reserved.
Terms and Conditions    Privacy Policy    Trademarks    More