Archive
Monthly Archives: July 2010
July 26, 2010
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Day Trading Swing Trading Review of our Trades & Day Trading Q&A
One of the easiest ways to earn income in these slower summertime months is to look at slower timeframes for your trade entries. In today’s video we review the trades we took on Friday, most importantly, you can see the patterns on the 13 and 21-range charts that we used for Friday’s 250 ticks of […]
Continue reading July 26, 2010
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Trading Gold Futures Contracts, Here Is Our Re-Entry
Gold Futures: Gold Futures recently broke the sideways wedge pattern to the downside. We entered short below the 83.0, and took our first profit target of 81.3 (1/2) We then moved our stop to entry, and got stopped out of the trade. Now we’re looking for a re-entry, using the new swing low level of […]
Continue reading July 23, 2010
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250 Ticks Live Day Trading E-Mini Russell Futures Strategies
We finished a great week in the live trade room today with another day filled with lots of profit and plenty of opportunity to learn more about our trading methods. We really saw the effects of the summertime slow-down today, but we had a very good plan of attack ready for it! The key to […]
Continue reading July 23, 2010
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Range Charts, Time Charts, Tick Charts
Hi guys! Are you aware of all the different options we have for chart timeframes and time intervals? Did you know there are over 10 different types of charts we can use as day traders? Did you know that some chart types are better for day traders? Let’s look at the basics first… Day trading […]
Continue reading July 23, 2010
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Low Volume Trading with Trend Lines, Double-Tops, and Big Round Numbers; Fast Track Method BONUS
We had an amazing week in the live trade room… – Our second biggest week of the year – Lots of members moving to their live accounts from our Fast Track trading method – Plenty of opportunities to LEARN about day trading and the many ways to make a living with our easy to learn […]
Continue reading July 23, 2010
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HIgher Highs Lower Lows Swing Highs Swing Lows
Higher highs Lower lows / Swing Highs Swing Lows Candlestick patterns are very important for identifying market sentiment for day trading futures contracts. Whether you are trading Crude Oil, Gold or Euro Futures you will need to know this import term so when you see these in the market you are prepared to use them […]
Continue reading July 22, 2010
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270 ticks Day Trading Gold Russell and Crude Oil Futures
We broke our daily profit record today with 270 ticks on only 4 contracts and it only took 4 trades to achieve these results. This WEEK has been amazing, lots of learning opportunities, and today’s trading was the best example of trade management we have seen in a while. 830am EST – Crude Oil futures […]
Continue reading July 22, 2010
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Candlestick Patterns; Head & Shoulders, double-tops and bottoms; Trading Range determines the trading day ahead
Did you know that some of the most common chart patterns are actually VERY risky for day traders? For example, one of the most popular patterns is the Head & Shoulders pattern, this is one of the most difficult patterns to make profit with…. Did you know that we can determine the type of trading […]
Continue reading July 22, 2010
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We’ve made 240 ticks so far…here’s what we’re watching NOW!
Crude Oil Futures: Our first trade of the morning triggered a lot faster than we expected, and we found ourselves in our breaker long entry on the 21-range chart. – 900am EST long from 77.16 we took the breakout to the upside and held the entire move. Now we see the market slowing down at […]
Continue reading July 22, 2010
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Pace of the Tape technical indicator for day trading futures contracts
Pace of Tape Indicator Hi guys, Speed, in my opinion, is the most important factor in determining market sentiment. (read this article on SPEED in your trading) We use speed to determine market sentiment, and market sentiment determines trade direction, which determines the difference between a trending pattern and a reversal pattern, and that is […]
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