Archive
Monthly Archives: September 2011
September 7, 2011
- in Uncategorized by schooloftrade
Hurricane News & Recovery Hopes…enough to make crude test 100.00 again?
Crude oil climbed the most in four weeks in New York as a weather system threatened to reduce U.S. production from the Gulf of Mexico, where shut-ins from last week’s storm probably curbed stockpiles. Futures rose 3.9 percent as the disturbance in Mexico’s Bay of Campeche strengthened. The Energy Department may report that inventories fell […]
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Trade the News Market Internals Update at 12:00ET
Dow +144 S&P +18.5 NASDAQ +40 ***Economic Data*** – (PD) Poland Central Bank leaves the Base Rate unchanged at 4.50%; as expected – (US) MBA Mortgage Applications w/e Sept 2nd: -4.9% v -9.6% prior – (CL) Chile Aug Trade Balance: $491M v $1.1Be – (CL) Chile Aug Copper Exports: $3.6B v $4.2B prior – (US) […]
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Traders look for clues day trading crude oil, gold, euro and russell futures
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Gold continues to see profit taking after new highs made yesterday. – Crude Oil gets a pop on new Hurricane News in the US – Euro trading at the lows of its range, opportunities for buying – US President Obama jobs plan looks like […]
Continue reading September 7, 2011
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Price Structure clues trading Gold, Crude Oil and Russell Futures
The first thing I need to do is remind myself that today is best spent getting back into the routine I left last week when i went on vacation. Lets also remember that the news from Swiss overnight will not affect our day trading anything more than what we already know. How do we trade […]
Continue reading September 6, 2011
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Obama orders controversial proposed ozone standard withdrawn for Crude Oil
US President Barack Obama ordered US Environmental Protection Agency Administrator Lisa P. Jackson to withdraw a proposed ozone national ambient air quality standard. Citing work already under way to update the 2006 limits by 2013, he said he would not ask state and local governments to implement regulations that would be reconsidered so soon. “I […]
Continue reading September 6, 2011
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Trade the News Market Internals Update at 14:00ET
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 6, 2011
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Price Channel Trading Strategy
Price Channels are drawn with the Trend Channel Tool in NinjaTrader 7. Channels are very easy to trade using the directional bias of the channel. Bull channel has higher highs and higher lows and you will buy pullbacks with new highs. Buy at support when price falls. Remember, trying to buy the highs of a […]
Continue reading September 6, 2011
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Price Wedges give day trading opportunities Gold, Crude and Euro
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Gold Futures trading lower this morning after news of Swiss currency peg – Crude Oil rebounds after sharp drop after currency peg weakens the US Dollar – Markets reacting after a sharp decline in European markets on Monday, Labor Day Holiday in the US […]
Continue reading September 1, 2011
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Fake-Out Breakout was easy with these clues from Russell Futures
· Closed Friday ahead of the long weekend, re-open Tuesday Sept 6th, next Tuesday. · Monday markets are closed for Labor Day Holiday. · Support Team is on vacation today through Tuesday as well. 815am est Crude oil trading at the highs of the major bullish price channel on the 89range chart. We have clues […]
Continue reading September 1, 2011
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Gold looks for Clues, Crude Oil tests Range Highs, and Euro is ready to be bought ahead of Jobless Claims
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil chops around its price channel highs, looking for selling opportunities – Gold sideways in the middle of its bull price channel, looking for more clues – Euro tumbles to the lows of its price wedge, look for buying opportunities – European equity […]
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