Archive
Monthly Archives: August 2010
Monthly Archives: August 2010
We started this week off with another BANG! The first thing we noticed today was that the Euro was in a sideways trading range, so the easiest thing was to sell the highs on the Euro, and that made us 50 ticks with our first trade of the day. After making our first big winner […]
Continue readingDid you know that your account size can affect the type of trades you take? Did you know that even if the long term trend is down…we can still buy the lows? Did you know that while im waiting for a swing trade I can execute a day trade in the opposite direction? We are […]
Continue readingRussell Futures: Entry short below 611.4 with profit targets of 610.2 (1/2), 609.0 (1/4), and then final target down to the lows fo the day at 608.0 (1/4) If we cant reverse and create new highs we will entry long above 616.0, with profit targets of 618.0 (1/2) open of the market, 621.0 (1/4) ( […]
Continue readingThanks for another great week in our live trade room, and hats off to everyone who made money along with us this week! We’re almost half way through the month of August, so stay focused on using patience and discipline to wait for those high volume set-ups and keep your eye on the price for […]
Continue readingTrade management is one of the most important factors for any trader, and we use a very handy tool called ‘automated trade management’ to set our trade management ahead of time so we are prepared to take our trades with confidence. Sounds perfect…right? Set it and forget it…..well…not so fast… What happens if something goes […]
Continue readingCrude Oil Futures: Crude Oil Stuck In Wedge, 9:30 am I’m watching my 21-range and I can see us bouncing off support at 75.50, and now we look to get long above 76.12 for a 2-step pattern with profit targets at 25 (1/2), 45 (1/4), and then reading the tape we will look for the […]
Continue readingWe made some small adjustments to our trade management today because of the month of August slow price action, and it really paid off today! Did you see what happened yesterday? We missed some serious profits because we were still trading in July…but here we are in August, and we need to adapt to today’s […]
Continue readingDid you know that momentum is one of the easiest indicators to learn, but its also one of the most difficult to use effectively? Momentum is either pointing up or pointing down…easy right? Not so fast… We have to consider a few things with momentum: How is volume? Do you see divergence with price? Are […]
Continue readingCrude Oil Futures: – Weve made this big move down from 80 to 76, and now we see the sellers exhausted, we trade sideways, and we can see an opportunity to buy the lows of this trading range with a 2-step long – Entry above 63 on crude oil with a first target of 76.85 […]
Continue readingWe eanred over $1000usd in our live trade room today, we had a GREAT live members-only training, and now im preparing for our trading day tomorrow. Lets review these futures markets together, click below… Gold Futures Day Trading, Swing Trading, and Scalping Crude Oil Futures Day Trading, Swing Trading, and Scalping Mini Russell Futures Day […]
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