Archive
Monthly Archives: October 2011
Monthly Archives: October 2011
We’ve had a profitable morning today, lets prepare for our afternoon filled with opportunities. Crude oil futures: Buyers failed above the PHOD earlier this morning and that should be the biggest clue we have so far. This is a strong BEARISH clue when we failed above 89.22. If price moves higher we will be buy […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – dollar index is trading in the reversal zone, near the BMT, and very sloppy this morning. We had a what appeared to be a move above the ‘reversal-zone’ on Tuesday, but when that fails we then know the ‘reversal-zone’ now looks more like a […]
Continue readingIf you missed our trade room this morning, you missed a LOT: Auto trader ES / Russell / Euro / Gold (click for review today’s trades) Trade Prep before Lunch (all markets) Results of our Lunch Prep: Gold futures trades this afternoon Mini-Russell & Euro currency futures trades this afternoon We made more money after […]
Continue readingHi Guys, Its been a tremendous day of discretionary scalping, intra-day, and swing trading with us in our live trade room, but its time to take a moment to review our automated trading system. If you recal, we’ve had impressive results from the Crude Oil, Russell, and Euro (click those) over the past […]
Continue readingWow what a day!!! We bought the reversal zone on the Russell and this trade is HUGE up to the PHOD. Euro moved above the PHOD and we followed our plan exactly to buy these lows and take profit at the highs of the reversal zone, or extend the position higher to the PHOD.
Continue readingSee below for the first review of this, we’ve been watching this trade all day today. Gold breaks above the ‘reversal zone’ and heads up to the PLOD and we are ready to profit! We’ve locked in over $400 per contract of profit on this trade, and holding the trade to the PLOD. My stop […]
Continue readingLet’s find our next high percentage trades this afternoon: Mini-Russell Futures will look to buy the lows of the price wedge above the 700.00 level or we will sell below 96.8. This will complete the mission we designed earlier this morning. Gold futures trading inside the reversal zone so if we make new higher-highs we […]
Continue readingDow +28 S&P +5.3 NASDAQ +4.4 ***Economic Data*** – (US) ICSC/GS weekly chain store sales w/e Oct 15th: +0.1% w/w; +3.6% y/y – (PD) Poland Sept Employment M/M: -0.1% v 0.0%e; Y/Y: 2.8% v 2.9%e – (PD) Poland Sept Avg Gross Wages M/M: -0.3% v 0.0%e; Y/Y: 5.2% v 5.5%e – (US) Sept Producer Price […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – the dollar index is finally breaking the overhead resistance that prevented the move higher on Monday resulting in the potential selloff we were expecting on Crude, Russell, euro currency futures, and gold futures. Now the DOLLAR INDEX is breaking new higher-highs and we can […]
Continue readingRemember to check out our Fully-Automated Trading System, it does ALL the hard work for you! 745am EST We have the AB=CD Pattern telling us that we can sell short with scalps all the way down to the PHOD and PLOD levels on my crude oil futures charts. I also know that the bullish price […]
Continue reading