Archive
Monthly Archives: February 2011
February 25, 2011
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Difference between Forex and Futures Day Trading
Futures vs. Forex – Forex trades 24/5 it never closes b/c there is NO REAL MARKET, its called synthetic – Futures trades deal direct to the market in real time. – 45 minutes a day the market is closed for EVERYONE (pit and electronic), for maintenance on the servers. – Tax advantages are HUGE for […]
Continue reading February 25, 2011
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Day Trading Morning Prep Gold, Crude Oil, Dollar Index, Euro, E-mini Russell Futures
‘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 GDP 9:00 […]
Continue reading February 24, 2011
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Day Trading the news with Crude Oil, Gold, Euro and Russell Futures
830am EST – Durable goods come out much lower than expected without the auto industry, lets see how the market reacts to this – Jobless claims come out flat, as expected – Remember these news events are juggled around for Thursday because of the holiday on Monday 835am est – We check the dollar index […]
Continue reading February 24, 2011
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US Market Up-Date
***Economic Data*** – (BR) Brazil Jan Unemployment Rate: 6.1% v 6.0%e – (BR) Brazil Jan Total Outstanding Loans (BRL): 1.7T v 1.7T prior; Private Banks Lending: 993.0B v 987B prior – (US) Jan Chicago Fed National Activity Index: -0.16 v 0.09e – (US) Initial Jobless Claims: 391K v 405Ke; Continuing Claims: 3.790M v 3.880Me – […]
Continue reading February 24, 2011
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GAP Day Trading Strategies, Momentum Indicator, and Continuous Contracts for NinjaTrader 7
– GAPS and how to play them o The object is that price will fill the gap o The problem is that we don’t know when o 80% likelihood of a 50% gap fill o Im ok with understanding WHY this works, but that doesn’t mean it’s the best suite for my trading style o […]
Continue reading February 24, 2011
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Day Trading Morning Prep Gold, Crude Oil, Dollar Index, Euro, E-mini Russell Futures
‘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 Durable Goods […]
Continue reading February 23, 2011
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Day trading Crude Oil and Gold futures with Fast Track Method
For more info on contract rollover: 830am est – The daily chart tells us we’re at the highs of the massive channel, and to trade carefully at the highs – The 34range chart shows us in the middle of the price wedge, and further confirms our concerns – The 21range chart shows price action supporting […]
Continue reading February 23, 2011
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Day Trading Morning Prep Gold, Crude Oil, Dollar Index, Euro, E-mini Russell Futures
‘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 9:00 Crude Oil […]
Continue reading February 16, 2011
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Wacky Wednesday Day Trading Crude Oil Gold Euro and Russell Futures
Click Here To Review Our Automated Trading Strategy Results from This Morning. 830am est – Housing starts came out higher than expected (usd bullish) – Producer Price Index came out flat, as expected at .8% (USD neutral) – Anything not negative for the PPI right now could be consider USD-bullish – The dollar tests the highs […]
Continue reading February 16, 2011
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Automated Trading System Strategy Review
Let’s take a moment to review how our fully-automated trading system did today on wacky Wednesday of OPEX. Yesterday we looked at Gold Futures and saw amazing results for 1 contract or 10 contracts. Now let’s see how crude oil did in this challenging trading environment today Let’s start with 1 contract on crude oil, […]
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