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Monthly Archives: April 2011
April 14, 2011
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Trade the News Market Internals Update
***Looking Ahead*** – 12:30 (US) Fed’s Plosser speaks in New York City – 13:00 (US) Treasury to sell $13B in 30-Year Bonds Reopening – 13:15 (US) Fed’s Tarullo speaks in Washington on Growth and Inflation – 13:40 (EU) ECB’s Gonzalez-Paramo speaks in Moscow – 18:45 (US) Fed’s Lacker speaks on Economy at University of Baltimore […]
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These are definitely worth considering for your day trading
– Range charts o All the bars are the same width of range o 13range = 13 ticks of range o 13tick = 13 ticks of volume § Helps manage risk § Cleaner Patterns § Removes time from the chart, doesn’t show sideways chop – PHOD / PLOD (Previous high of day / Previous low […]
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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 Jobless Claims […]
Continue reading April 13, 2011
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I Need This to Sell the Highs on Crude Oil Futures
800am est Reviewing the Gold Futures and we see the following: – The 89range chart shows us at the highs of the most recent bullish price wedge, however, we notice the transition into the wedge below failed, and we are concerned we may be trapped between the highs of the new wedge and the highs […]
Continue reading April 13, 2011
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Trade the News Market Internals update
***Looking Ahead*** – 13:00 (EU) EU President Van Rompuy meets Cypriot President in Nicosia – 14:00 (US) Mar Monthly Budget Statement: -$189.0Be v -$222.5B prior – 11:30 (BR) Brazil Feb Economic Activity Index M/M: No est v 0.7% prior; Y/Y: No est v 5.1% prior – 13:00 (AU) RBA’s Stevens speaks in New York to […]
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Previous High of Day (PHOD) and Previous Low of Day (PLOD)
How do we use the PHOD and the PLOD in our trading o We always have the PHOD/PLOD somewhere close to us, so we frequently use this technique to make profit o Here’s how to use them: § Locate them both § Where are we in relationship to these levels? § Are we above? Are […]
Continue reading April 13, 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 Retail Sales […]
Continue reading April 13, 2011
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Beige Book Economic News
Definition This book is produced roughly two weeks before the monetary policy meetings of the Federal Open Market Committee. On each occasion, a different Fed district bank compiles anecdotal evidence on economic conditions from each of the 12 Federal Reserve districts. This report on economic conditions is used at FOMC meetings, where the Fed […]
Continue reading April 12, 2011
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Crude Oil gave me a clear signal before it dropped, 200 ticks of profit
Click Here To Review Our Automated Trading Results From This Morning 830am est – We’ve got the dollar moving down, and this SHOULD cause the markets to rise, but the speed and volume is still slow today – We know the dollar correlation will not work as effectively in low volume environments 845am est – […]
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Automated Trading System Strategy Review Gold, Crude Oil, Russell, Euro
var _bcvma = _bcvma || []; _bcvma.push([“setAccountID”, “7106636972972871068”]); _bcvma.push([“setParameter”, “WebsiteDefID”, “930599811478207608”]); _bcvma.push([“setParameter”, “InvitationDefID”, “175411495957779986”]); _bcvma.push([“pageViewed”]); (function(){ var vms = document.createElement(“script”); vms.type = “text/javascript”; vms.async = true; vms.src = (‘https:’==document.location.protocol?’https://’:’http://’) + “vmss.boldchat.com/aid/7106636972972871068/bc.vms4/vms.js”; var s = document.getElementsByTagName(‘script’)[0]; s.parentNode.insertBefore(vms, s); })(); Hi guys, let’s review our automated trading software results for the last few days. Two things to […]
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