Archive
Monthly Archives: February 2011
Monthly Archives: February 2011
Click Here To Review Our Automated Trading Results From This Morning 820am est – We realize it’s the end of the month and a Monday – End of month MAY result in unexpected volume drops and increases, as traders get out of, or into new position to finish off the month or get next month […]
Continue readingWe finished another profitable session of day trading our favorite future markets, but lets take a momentum to review some of the trades the auto trader executed today. Lets start with the Russell futures, we looked at this last week and lets see how it did again this morning. We can see 5 trades in […]
Continue reading***Economic Data*** – (CL) Chile Jan Industrial Production Y/Y: 4.0 v 4.5%e; Industrial Sales Y/Y: 3.9% v 4.8%e – (CL) Chile Jan Unemployment Rate: 7.3% v 7.1%e – (CL) Chile Jan Total Copper Production: 446.9K v 497.6K tons – (SA) South Africa Jan Trade Balance: -4.9B v -2.3Be – (CA) Canada Q4 Current Account (BOP): […]
Continue readingHow to predict a fake-out breakout? – What I need: o Slow timeframe: Looking for the trend o Medium timeframe: looking for the pattern o Fast timeframe: looking for the entry Slow timeframe: This defines the trend, or lack of trend. Then once we see the trend, we want to follow it We also now […]
Continue reading – Andrew Pitchfork o We posted the settings for this indicator. o Uses three trend lines as possible support and resistance levels o Add the pitchfork with 3 points § 1. At the end of the a trend § 2. Find a major swing high/low § 3. Find the next major swing high/low […]
Continue reading‘We are what we repeatedly do. Excellence, therefore, is not an act, but a habit’ – Aristotle Live Trade Room is open, come join us! Click here for helping logging into the Trade Room Let’s begin our morning routine with the economic news for today’s trading session. 8:20 Gold & Currencies OPEN 8:30 Personal Income […]
Continue readingDefinition.. -The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. As such, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six […]
Continue readingClick Here To Review Our Automated Trading Results From This Morning 815am EST – We’re watching the dollar index this morning to see how it reacts to the 830am GDP news. – If the dollar rises off support, we are looking to sell the highs on the euro, and other markets we trade. 830am EST […]
Continue readingIt’s that time of the day again, let’s take a look at how our auto trader has been performing. These markets have been all over the place the past 30 days, let’s see how the Mini Russell Futures has performed. You can see we just got stopped out on the only trade we took today, […]
Continue reading***Economic Data*** – (GE) Germany Feb Preliminary Consumer Price Index M/M: 0.5% v 0.5%e; Y/Y: 2.0% v 2.1%e – (GE) Germany Feb Preliminary CPI EU Harmonized M/M:0.6 % v 0.5%; Y/Y: 2.2% v 2.1%e – (GE) Germany Feb CPI Baden Wuerttemberg M/M: +0.5 v -0.4% prior; Y/Y: 2.4 v 2.1% prior – (BR) Brazil Primary […]
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