Archive
Monthly Archives: April 2011
April 25, 2011
- in Uncategorized by schooloftrade
Trade the News Market Internals update
***Looking Ahead*** – 11:00 (US) Fed to Purchase $6-8B in Notes/Bonds – 11:30 (US) Treasury to sell $29B in 3-Month and $27B in 6-month bills – 15:00 (AR) Argentina March Trade Balance: No est v $608M prior – 18:00 (HU) Hungary April Economic Sentiment: No est v -10.7 prior; Business Confidence: No est v -1.3 […]
Continue reading April 25, 2011
- in Uncategorized by schooloftrade
FREE SnagIt 10 Screen Capture Software
Hi guys, I use this software all the time, and I just found a FREE Version of this online. Go here and download the Free Trial of Snagit: (or go to TechSmith.com and download a free trial) Then enter in 1 of these license keys and it will unlock the paid version Watch this video […]
Continue reading April 25, 2011
- in Uncategorized by schooloftrade
Headset that I use for my day trading webinars
here is the headset and microphone that I use in my day trading webinars and live trade room Hope it helps! JJ
Continue reading April 25, 2011
- in Uncategorized by schooloftrade
Interactive Brokers uses Filtered Tick Data, Day Traders BEWARE
Hi guys, I must say this a million times every week to my clients… DO NOT USE Interactive Brokers for your Day Trading of Futures Contracts. Yes, Interactive Brokers has connections for markets around the world, and trading stocks, Forex, and Futures “sounds’ great during the sales pitch….but then reality sets in… – They use […]
Continue reading April 25, 2011
- in Uncategorized by schooloftrade
Run the stops for day trading profit or avoid a big loss
– How do we know when stops are being run, instead of a REAL move? o Traders can be very CONSISTANTLY predictable with where they place their stops o Example: Long position open, my stop will be placed below support. o Example: Short Position open, my stop will be placed above resistance o We know […]
Continue reading April 25, 2011
- in Uncategorized by schooloftrade
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 April 21, 2011
- in Uncategorized by schooloftrade
Best Way to use a Double-Bottom Day Trading Crude Oil and Gold Futures
Click Here To Review Our Automated Trading Results From This Morning Let’s review our crude oil this morning: – Open the 89range chart and see three distinct patterns: o Price Wedge o Price Channel o Sideways Range in the box – We are above the wedge below us from earlier week – We’re above the […]
Continue reading April 21, 2011
- in Uncategorized by schooloftrade
Automated Trading Strategies and Software Review Crude Oil and Euro Futures
Hi guys, we had a great week of discretionary trading in our live trade room, and now its time to review some of the markets we trade with our automated trading system. This auto trader does 100% of the work for you, truly “set-it-and-forget-it” trading. Let’s begin with one of our favorite currency futures, the […]
Continue reading April 21, 2011
- in Uncategorized by schooloftrade
New Format for FOMC Day, Day Trading FOMC Day, Fed Day Trading Strategy
– Federal open market committee – During this meeting… o The meeting starts on Tuesday and ends on Wednesday o They raise/drop/keep rates the same o Take detail notes (‘minutes’) o And then they release it to the general public o Once its released day traders will now dig into the news that was released […]
Continue reading April 21, 2011
- in Uncategorized by schooloftrade
Trade the News Market Internals Update
***Looking Ahead*** – 11:30 (US) Treasury to sell $14B in 5-Year TIPS – 16:00 (US) Feb RPX Composite 28day Y/Y: No est v -3.39% prior; RPX Index: No est v 179.5 prior 10:30 AM Market Internals update at 10:30ET – NYSE volume 195M shares, about 11% below its three-month average; advancers lead decliners by 1.3:1. […]
Continue reading