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Monthly Archives: September 2011
Monthly Archives: September 2011
Today is expected to be slow, sluggish, and sloppy at certain of the morning. There will be times of great opportunity and we will need to be patient to wait for them. Today is the last day of the month, the quarter, and the fiscal half-year. So major fund managers, major institutional traders will be […]
Continue readingHi Guys, Just about to finish up a great week of trading with a perfect wave pattern short on crude oil futures and wanted to share this with you. Notice the price wedge we see formed earlier this morning, and then we break the lows of the wedge with a strong move down, followed by […]
Continue readingDow -78 S&P -11.7 NASDAQ -22 ***Economic Data*** – (IN) India Q2 Current Account: -$14.1B v -$10.8Be – (CL) Chile Aug Unemployment Rate: 7.4% v 7.6%e – (PD) Poland Sept NBP Inflation Expectations: 3.8% v 4.2% prior – (SA) South Africa Aug Budget Balance (ZAR): -5.4B v -5.2Be; Trade Balance: -3.7B v -1.7Be – (US) […]
Continue readingDivergence Day Trading Method: Uses multiple timeframes and our divergence indicators to find the highest percentage trades. Multiple timeframes: I use my slower timeframes to find the most important price levels/locations. Divergence Indicator: used on multiple timeframes, and when the signal fires we know to look closely for a high percentage trade. The keys to […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil Futures trading at Thursday’s Low, middle of larger range, inside day transition, buy this support @ PLOD and wedge lows – Gold Futures trading in the middle of Thursday’s range, inside day, above highs of bear price channel, looking to sell short […]
Continue readingDisclaimer ———————————————- SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and Options trading […]
Continue readingPrice moves to the highs of this price wedge with a simple wave pattern long. You won’t take the wave long because you would be buying into the highs, so you mark the swing low (conveniently below the BMT) and then when price breaks the swing low momentum is falling and we jump in short. […]
Continue readingDow +155 S&P +10 NASDAQ -3 ***Economic Data*** – (BR) Brazil Aug Central Govt Budget (BRL): no est v 11.2B prior – (BR) Brazil Sept FGV Inflation IGP-M M/M: 0.7% v 0.6%e; Y/Y: 7.6% v 7.5%e – (IR) Ireland Sept Consumer Confidence: 53.3 v 55.8 prior – (CL) Chile Aug Industrial Production Y/Y: 1.7% v […]
Continue readingBest way to send Joseph your trading results. This is perfect for anyone who needs help being held accountable for following entry/exit rules, as well as learning when to take the best patterns. Day #1 you join as a new member. – Set up your charts using our indicators, etc o Full time support team […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil Futures trade in the middle of Wednesday’s Range; Inside day, waiting for price to move higher or lower to the extremes. – Gold Futures trading in the middle of Wednesday’s Range; Inside day, waiting for price to move higher or lower to […]
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