Archive
Monthly Archives: March 2011
March 9, 2011
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Market Internals update at 12:00ET
***Looking Ahead*** – 11:00 (US) Fed to Purchase $5-7B in Notes/Bonds – 13:00 (US) Treasury to sell 10-Year Notes Reopening – 13:30 (US) Tsy Sec Geithner at House Appropriation subcommitted – 15:00 (NZ) New Zealand Central Bank interest rate decision: Expected to cut the Official Cash rate by 25bps to 2.75% – 19:00 (SP) Bank […]
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Avoid First Trade Losses by Planning your Trades and Trading your Plan
Questions for 11am EST: – How to avoid early losses in the day, first trade losses o How do I avoid taking a first trade loss and having to dig out of a hole? o Define where you want to be trading for that day o Find the overhead resistance, support below, channels, wedges, sideways […]
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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 […]
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Wholesale trade Inventories Econmic News Report
Definition Wholesale trade measures the dollar value of sales made and inventories held by merchant wholesalers. It is a component of business sales and inventories. Investors need to monitor the economy closely because it usually dictates how various types of investments will perform. The stock market likes to see healthy economic growth because that […]
Continue reading March 8, 2011
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Day Trading Profits with the Fast Track Method Gold and Crude Oil Futures
Click Here To Review Our Automated Trading Results From This Morning 820am est – We’re just getting started looking at the markets this morning – Our first goal is to get to know the personality of the dollar. – Is the DX is moving quickly? Is it rising or falling? These will give us clues […]
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Automated Trading System Strategy Review
We had another successful day in our live trade room this morning, but we’re not quite done yet. Our fully-automated trading system is always working in the background, and today was no different. Anyone trading the Mini-Russell? Here’s a great market for the auto trader… start with $500 margins per contract. You can see we […]
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Income Tax for Day Traders, Trader Tax Commodities vs Securities
– Trader Tax o Day traders need to be aware that the market they trade has a BIG impact on the tax you pay to the IRS here in the US o Two main classes: § Securities: Stocks, FOREX, anything purchased at the CURRENT cash price (not the future) · Taxes: Long term capital gains […]
Continue reading March 8, 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 March 7, 2011
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Crude Oil Drops and we bought the lows before the POP
8:00 am est – We’re just getting started with another week in the live trade room – Gold at new highs – Crude Oil at new highs – Euro new highs – Russell trading inside the range from Friday 805am EST – We don’t have any news to worry about this morning – With the […]
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US Market Update
***Economic Data*** – (CL) Chile Feb Trade Balance: $1.2B v $1.4Be – (CL) Chile Feb Copper Exports: $3.2B v $3.7B prior – (CL) Chile Jan Economic Activity Y/Y: 5.8% v 5.9%e – (PD) Poland Feb Total Official Reserves: $ 103.6Bv 95.7B prior – (CA) Canada Jan Building Permits M/M: -5.1% v +0.5%e – Further turmoil […]
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