Archive
Monthly Archives: September 2011
September 28, 2011
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Mini Russell Price Channel helps me find the highest percentage trades
815am est Euro futures are trying to break out of the range from Tuesday so we begin here first this morning. Euro futures have three clues for us today: – Inside Day transition – Bull Price Channel – Bull Price Wedge Inside day transition means that buyers pushed price above the PHOD and it FAILED […]
Continue reading September 28, 2011
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Double-Bottom on Crude Oil sets up for an easy short trade
Hi Guys! Remember this trade from this morning? we know this thing is going to drop quickly so dont miss this opportunity to catch this move down! Members, use your Advanced Price Structures to anticipate WHERE this reversal will take place, and then use your entry techniques to grab this thing short. Dont forget targets […]
Continue reading September 28, 2011
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Trigger Zone for Wave & 2-Step Patterns Now Online
Hi Guys, We had a great members-training this afternoon, and as promised, I’ve added all the notes, example, snapshots, and settings to the download section of your membership materials. I will be adding this into our daily trading routine to help everyone learn by doing along with me each day in our live trade room. […]
Continue reading September 28, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +18 S&P -2 NASDAQ -7.8 ***Economic Data*** – (GE) Germany Sept Preliminary Consumer Price Index M/M: +0.1% v -0.1%e; Y/Y: 2.6% v 2.4%e – (GE) Germany Sept Preliminary CPI EU Harmonized M/M: +0.1% v -0.1%e; Y/Y: 2.8% v 2.4%e – (US) MBA Mortgage Applications w/e Sept 23rd: 9.3% v 0.6% prior – (GE) Germany […]
Continue reading September 28, 2011
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Day Traders look for Durables goods data will offer the complete view of the August manufacturing sector
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil trading sideways, inside the range from Tuesday, and within our sell-zone from yesterday. Inside day and looking for a reversal back down into the bear channel below us. – Gold Futures trading sideways, inside the range from Tuesday, and forming a price […]
Continue reading September 27, 2011
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Didn’t they listen to me this morning? Price Wedge day trading earns over 180 ticks
The first thing I do this morning is try to identify the market that is moving the best today. I want consistent price action, lots of speed, lots of BIG money in the market, and lots of trading opportunities, so which markets do I chose first? I want to start with a market that is […]
Continue reading September 27, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +266 S&P +28 NASDAQ +57 ***Economic Data*** – (SP) Spain Aug YTD Budget Balance: No est v €-22.75B prior – (BR) Brazil Sept FGV Consumer Confidence: 114.7 v 118.7 prior – (BR) Brazil Sept FGV Construction Costs M/M: 0.1% v 0.1%e – (US) ICSC/GS weekly chain store sales w/e Sep 24th: -0.2% w/w; +2.7% […]
Continue reading September 27, 2011
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Day Traders prep for Consumer Confidence as Commodity Markets make new highs from Monday
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil Futures transition at the highs of Monday’s trading range. Buying pullbacks above 82.24, selling off below 81.54 – Gold is bullish above Monday’s Highs, buying pullbacks above 1651.0, Outside Day – Euro Futures trading inside Monday’s Range, Selling at 1.3563 resistance, if […]
Continue reading September 26, 2011
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Price Wedge fails; Sell Retracements down to Major Support for 370 ticks of profit
Disclaimer ———————————————- 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 reading September 26, 2011
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Trade the News Market Internals Update at 14:00ET
Dow +115 S&P +5.7 NASDAQ -6.4 ***Economic Data*** – (TU) Turkey Sept Industrial Confidence: 112.4 v 109.8 prior; Capacity Utilization: 76.2% v 75.8%ev 76.1% prior – (US) Aug Chicago Fed National Activity Index: -0.43 v -0.40e – (MX) Mexico Aug Preliminary Trade Balance: -$806M v -$870Me – (US) Aug New Home Sales: 295K v 294Ke […]
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