Archive
Monthly Archives: September 2011
September 22, 2011
- in Uncategorized by schooloftrade
Traders react to Operation Twist with new lows across all markets; Jobless Claims at 830
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Risk aversion across all markets this morning in reaction to the FOMC News at 215 Wednesday – Crude Oil tumbles to new lows, outside day – Gold tumbles to new lows, outside day – Euro makes new lows, outside day – Mini Russell makes […]
Continue reading September 21, 2011
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Fade the News on Mini Russell & Crude Oil Futures for FOMC Day Trading Profits
Today is FOMC Day, which means we have early morning volume so look to get involved early, but then volume will drop off after 11am EST so beware. We also have crude oil inventories today, which aren’t bad, they just mean we need to watch the clock after 10am for the market getting sloppy ahead […]
Continue reading September 21, 2011
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Operation ‘Twist’ is the new QE3….$400 Billion the EASY way?
Federal Reserve policy makers will replace much of the short-term debt in their portfolio with longer-term Treasuries in an effort to further reduce borrowing costs and keep the economy from relapsing into a recession. The central bank will buy $400 billion of bonds…. Read the entire article right here!
Continue reading September 21, 2011
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Trade the News Market Internals Update at 12:00ET
Dow -50 S&P -7 NASDAQ -3 ***Economic Data*** – (IR) Ireland July Trade Balance: €3.2B v €4.2B prior – (CA) Canada Aug Consumer Price Index M/M: 0.3% v 0.1%e; Y/Y: 3.1% v 2.9%e; CPI Index: 120.3v 120.0 prior – (CA) Canada Aug CPI Core M/M: 0.4% v 0.2%e; Y/Y: 1.9% v 1.6%e – (US) MBA […]
Continue reading September 21, 2011
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Traders Prepare for Operation Twist & FOMC Announcement
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil trading in the middle of it range, inside day – Gold trades at the highs of its range, inside day – Euro trades in the middle of its range, inside day – Russell trades at the lows of its range, inside/outside day […]
Continue reading September 20, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +95 S&P +11 NASDAQ +21 Economic Data*** – (TU) Turkey Central Bank Interest leaves the Benchmark Repo Rate unchanged at 5.75%; as expected – (US) ICSC/GS weekly chain store sales w/e Sep 17th: -1.2% w/w; % y/y – (HU) Hungary Central Bank leaves the Base Rate unchanged at 6.00%, as expected – (BR) Brazil […]
Continue reading September 20, 2011
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FOMC Day Begins, Traders Prepare for Housing Starts
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Today’s Economic News: We know today is the start of the FOMC Meeting. It begins today, will end tomorrow, and we know that traders will be ‘hoping’ for news coming out of the Fed during this time. We then have 830am news Housing Starts. Go […]
Continue reading September 19, 2011
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Conflicting Price Structures…which do we use first? Another 100 ticks of Profit
Monday morning, my main objective is to get back into my daily routine. 10:30am Obama speaks today. 915am est Crude Oil Futures show us 3 simple price structures: – Price Wedge – Outside Day – Major Support below Price Wedge tells us to buy as price falls, and sell as price rises, and the outside […]
Continue reading September 19, 2011
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Attention Members: New Materials Added to Advanced Course after Today’s Training
Hi Guys! Great training today, thanks for all the great questions and feedback that make these all possible! As promised, Ive added a new download for you, called ‘ 3 Price Patterns’ and included in this download is the following: – Entry Rules (long and detailed) – Entry Rules (cheat sheet, short and simple) – […]
Continue reading September 19, 2011
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The ‘Buffet Rule’ Revealed
Writing the new “Buffett rule” proposed by President Barack Obama to snare more tax revenue from millionaires will prove to be logistically and mathematically difficult. The concept, named for billionaire investor Warren Buffett, would require Americans earning more than $1 million a year to pay at least the same tax rate as middle-class households. Such […]
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