Archive
Monthly Archives: July 2010
Monthly Archives: July 2010
The term ‘day trader’ can be used to describe a LOT of different trading styles. Many people think day traders are all the same… – Lots of action – Lots of stress – Lots of risk – White-knuckles – High Pressure – Go! Go! Go! “Money Never Sleeps” Slow down ‘Gordon Gecko’ (Wallstreet)….this isn’t the […]
Continue readingWe finished up a HUGE month of July with another day filled with profits and lots of learning experiences. First, Gold was in an odd spot today…did you see this issue with Volume? Second, Crude Oil gave us $900 before 9am EST today when we sold the highs of the wedge Third, we earned $360 […]
Continue readingDo you know how to determine a sideways trading range? We all know by now that we can make AMAZING profit by selling the highs and buying the lows, but we need to DEFINE this trading range first. How about the AB=CD Pattern? Do you know WHEN to use this great tool for defining profit […]
Continue readingWe made $900usd on our very first trade on Crude Oil today, and we’re looking for patterns on different timeframes right now.. Crude 13 Range We’ve watched as the crude oil broke out below the wedge pattern on the 21 and 13 range charts. We already sold short and made our money exiting the wedge, […]
Continue readingHi guys! One of the most profitable skills ive learned as a trader is to be able to scalp the markets for points at a time in any market condition. I wanted to share my thoughts on this topic with you, and your feedback is always appreciated. Personality: – Experienced traders Scalpers need to have […]
Continue readingWe saw 2 things that made us money on Crude Oil today… – Trading inside a wedge pattern – Trading inside the trading range from yesterday Crude Oil gave us two easy trades when it broke out before 900am EST today and our morning prep made it all possible. The Dollar Index also helped us […]
Continue readingWatch today’s video and learn all about the many ways we use this day trading pattern on ANY market that’s moving. BONUS! We also added a lesson on trend lines as well…do you know how to draw trend lines correctly? Did you know that some trend lines are more important than others? Watch the video […]
Continue readingWe arent done yet, I can see a great opportunity to short the crude oil right now…do you see this head and shoulders pattern at these highs? We are having the biggest day of the year, here are some of the trades we are looking at right now. Scroll down to the bottom to see all […]
Continue readingAnother day filled with profits as we trade through this summertime trading environment. So what happened? The Dollar broke the wedge and we made money on the gold…the Crude broke its wedge and we made money from the very first trade. We also did a special breakdown of a PENANT (or) FLAG Pattern on Euro… […]
Continue readingWe had some great questions in the live trade room today, and I wanted to share our time answering these questions with you. One of the best video’s we have done so far this year, you will LOVE the part on proper trade management for people looking for bigger winners. Signs of a price reversal […]
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