Archive
Monthly Archives: April 2011
Monthly Archives: April 2011
Click Here To Review Our Automated Trading Results From This Morning 815am est Reviewing Gold Futures today we being on the 89 range chart: – Strong Bullish Trend – Sideways range from 38.7 down to 24.7 – Larger sideways range from 38.7 down to 03.2 – We see major support from a swing high at […]
Continue readingIt’s about that time of the week, let’s review the automated trading system results for the week as well as our long term results. Its no surprise this was a tough week for ALL the markets, no matter what you were trading, but lets not forget the big picture…long term results. There were no trades […]
Continue reading**Looking Ahead*** – (CO) Colombia Central Bank Interest rate Decision: Expected to raise the Overnight Lending Rate by 25bps to 3.75% – (MX) Mexico Mar YTD Budget Balance: No est v €11.3B prior – 11:00 (US) Fed to purchase $5-7B in Notes/Bonds – 12:00 (CO) Colombia Mar Urban Unemployment Rate: 12.3%e v 13.2% prior – […]
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. Options Expiration Friday (OPEX) 8:20 Gold & Currencies […]
Continue reading820am est Lets review the 89range chart on Gold Futures: – Bullish Price Channel, we are at the highs – Sideways Range in the white box below us – Another range inside this trading range, also defined in the white box Now that we know the best areas, we now use the 34range to zoom […]
Continue reading**Looking Ahead*** – 11:00 (US) Fed to purchase $5-7B in Notes/Bonds – 13:00 (US) Treasury to sell $29B in 7-Year Notes 10:33 AM Market Internals update at 10:30ET – NYSE volume 195M shares, about 10% below its three-month average; advancers lead decliners by 1.1:1. – NASDAQ volume 450M shares, about 4% below its three-month average; […]
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 Jobless Claims […]
Continue reading820am est Lets review the 34range chart on the GC 06-11 contract – Sideways Ranges from earlier this week and we are trading inside them, making this an inside trading day – Bullish Price channel in pink trend lines gives this market some structure, gives our long trades a good final profit target, and gives […]
Continue reading***Looking Ahead*** – 11:30 (US) Treasury to sell $35B in 5-Year Notes – 12:00 (FR) France Mar Net Change in Jobseekers: -10.0Ke v -2.1K prior; Total Jobseekers: No est v 2.701M prior – 12:30 (US) FOMC Interest Rate Decision: Expected to hold interest rates steady at 0.25% – 14:15 (US) Fed Chairman Bernanke speaks at […]
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