Archive
Monthly Archives: December 2010
Monthly Archives: December 2010
945am est – We take our first trade on the gold futures buying the pullback after getting new highs above the previous highs from Friday – Buying a pullback is the safest and most efficient way of buying at the highs – OUR second trade this morning came selling the highs on crude oil futures, […]
Continue readingQuestions: – Training on NT 7.0 next week o Expect everything to be converted and working properly by next Monday o Next Wednesday we will be training on it – What is the dollar index correlation? – How do we zoom in and out on our charts o Hold down control and tap the up/down […]
Continue readingDaily Prep: Click here to enter the live trade room We begin our day this morning with the news: http://schooloftrade.com/news.php We begin our day with the dollar index futures: click to enlarge – We can see trading back in the bearish price channel from last week – We dropped out of this channel, found […]
Continue reading– Indicators for NT 7.0 are posted o Full conversion next week most likely o Working on templates and workspaces right now o 100% converted for next week – Newest auto trader beta is also posted o Advanced course login section o Training next Wednesday on the auto trader 815am est – We begin our […]
Continue reading– Failure Patterns o Every pattern has a failure o Look at the speed, read the tape, and use momentum to see clues about who control price, and trade with who has control o What are the tools I will use to spot these failure patterns: o 3-signs of a price reversal: o Pace of […]
Continue readingMorning Prep for 12-03-2010 Click here to join the live trade room Click here for help signing up for your trial Friday Non-Farm Payrolls @ 830am EST have these markets trading sideways 8:30 Non Farm Payrolls 10:00 Non-ISM Manufacturing 11:00 Beginner’s Training in our Live Trade Room We saw sluggish price action on Thursday ahead […]
Continue reading– New Auto Trader Beta is posted this morning o VERY EXCITED! o 90 days , 1 contract, $3,000 20 tick stop / 50-70 tick target Max drawdown 1.5% – The new NT 7.0 indicators are also posted in the download section 830am EST Jobless claims came in higher than expected, but the […]
Continue readingClick here to join the live trade room Click here for help signing into the room Thursday mornings always mean busy day in the markets. Today’s news can be found at http://schooloftrade.com/news.php 8:30 Initial Jobless Claims, Continuing Claims 10:00 Pending Home Sales 10:30 Natural Gas Inventories Jobless Claims and Pending homes sales are big news […]
Continue reading820am EST We begin our day the same way every morning, with the news events today We see we have lots of important news today, so set your alarm and make sure we are flat in the market when the news is released, and then we’ll use the info we receive to make educated decisions. […]
Continue reading– Trading other people’s money o What is the secret to finding clients to trade for? o The easiest way to attract new clients is to find your passion, and your passion will sell itself. o Talk to people about what you do o Join a local community group Community service Church / […]
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