March 2011 – Page 10 of 10 – SidewaysMarkets

Crude Oil Inventories stopped me out, Sold the Highs for our Daily Profit Goal

Click Here To Review Our Automated Trading Results From This Morning 830am EST – 815am news from ADP came out higher than expected. – A positive number is dollar bullish, so we will wait and see how the market reacts to this ADP Jobs report this morning. – The markets are still a little quiet […]

March 2, 2011

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Automated Trading System Strategy Review Gold and E-mini Russell Futures

We had a very profitable day in our trade room this morning, but we’re not done yet. We have an automated trading system running in the background, making money for us while we day trade. This auto trader comes with our advanced membership, and it averages $1500/mo/contract and can handle over 100 different markets and […]

March 2, 2011

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Market Internals update at 14:00ET

***Economic Data*** – (PD) Poland Central maintained the Base Rate at 3.75%; As expected – (BR) Brazil Jan Industrial Production M/M: +0.2% v -0.3%e; Y/Y: 2.5% v 1.5%e – (US) MBA Mortgage Applications w/e Feb 25th: -6.5% v +13.2% prior – (US) Feb Challenger Job Cuts: 50.7K v 38.5K prior (highest since Mar 2010); Y/Y: […]

March 2, 2011

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Take More Trades as a Scalper, or Fewer Trades as a Swing Trader it’s YOUR Decision

– How to take more, or fewer trades every day o Some traders like to always be trading o Some traders like a slower pace of their trading day o Some traders like to get in and out (scalper) o Some traders prefer to hold trades and try to maximize the profit on the position. […]

March 2, 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. 8:15 ADP Employment Report 8:20 Gold & Currencies […]

March 1, 2011

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Price Channel Strategy for Day Trading Crude Oil and Gold Futures

820am EST – The dollar trades sideways in a narrow trading range just below the big round number of 77.000 – We’ve been watching this area on the dollar for 5 days at least. – The speed is pretty slow this morning, but that can easily change – Average true range shows lower highs (the […]

March 1, 2011

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Market Internals Update at 12:00ET

***Economic Data*** – (RU) Russia Feb Reserve Fund: $26.1B v $26.0B prior; Wellbeing Fund: $90.9B v $90.2B prior – (US) ICSC/GS weekly chain store sales w/e Feb 26th: -0.5% w/w; +3.3% y/y – (CZ) Czech Budget Balance (CZK): -22.9B v +10.6B prior – (BR) Brazil Feb PMI Manufacturing: 54.6 v 53.1 prior – (SI) Singapore […]

March 1, 2011