Archive
Monthly Archives: August 2010
Monthly Archives: August 2010
Euro Futures: We have the euro trading sideways around 1.2700, and im looking to buy the lows of this range with a 2-step long pattern above 2706, and if I cant get in at 2706 I can also wait for the more conservative entry above 2723 Profit targets for the long trade will be 2719 […]
Continue reading845am EST Crude Oil Futures: – Trading sideways from 77.00 down to 74.28 so we know to sell the highs of 77.00 and buy the lows of 74.28 for the highest percentage opportunities. Gold Futures: – Trading at the highs on gold, we are looking to continue with those highs buying above 1238.7, and selling […]
Continue readingGold Futures: We can see gold breaking to the upside now moving off the lows of the channel, so we are looking to buy the lows of this channel on gold. Long above 1238.7, with targets of 40.0 (1/2), 41.0 (1/4), and then read the tape for our final target. Please remember that trading at […]
Continue readingHi guys! One of the most important aspects to my day trading, scalping and swing trading success has been my ability to achieve balance in my personal and professional life. This ‘balance’ comes from the correct combination of work, play, sleep, nutrition and spending the time you need for personal reflection. In this video we […]
Continue reading830am EST We notice right away today that the Dollar Index is trading in an ‘outside day’ which means that the highs and lows of today’s range are higher and lower than the day before. Outside days tell us to expect some good price movement, but if you see INSIDE days, watch out. Inside days […]
Continue readingToday we discuss the easiest way to find the best trade patterns for day traders, scalpers, swing traders and more. And a BONUS! We also discuss the many ways we manage these trades. – Where do we place our targets and stops for our day trades and slower timeframe trades? o Scalpers use the same […]
Continue readingCrude Oil Futures: We’re testing the lows of the day on crude oil, so we have two options: 1. Breaker short with the down trend 2. Take the reversal long against the trend Sell below 33, with profit targets of 74.05 (1/2) big round number, trend line (1/4), and then hopefully we can get the […]
Continue readingOne of the most difficult parts of trading during August is that we need to be more selective with our trading. Did you join us at 800am EST today to prep for today’s trading? If you did you saw us review all of our markets, looking for only the highest percentage trades, and then all […]
Continue readingEveryone must have balance in their lives, no matter what career path you chose, and being a day trader requires a specific balance between work, play, nutrition, and of course getting some sleep. If you’ve ever been tired at your desk, or if you’re looking for more ways to get better rest, and get more […]
Continue readingAussie Futures: We have the highs of the day being tested, so im looking to sell the highs below 8980 for my entry, with profit targets of 8970 (1/2), 8950 (1/4), and then look to read tape at the big round number of 8900 and if we see size and speed on the sell side, […]
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