Archive
Monthly Archives: November 2011
Monthly Archives: November 2011
Hi Guys, we earned over 175 ticks of profit this morning with our simple discretionary trading strategy, but don’t forget that many of our members this morning earned over 75 ticks using our automated trading strategy, we call the ‘FLEX’ Automated trading strategies can be used for almost anything. I can use this fully-automated trading […]
Continue readingDow +301 S&P +36 NASDAQ +85 ***Economic data*** – Reports that France and Germany are working on yet another plan to bolster the euro zone is driving European and US equity markets higher off what many are viewing as at least temporarily oversold levels. After losing 4.7% last week, the S&P500 is […]
Continue readingWe begin our day on a Monday morning, with the main focus of staying patient and putting together a day trading strategy that will wait for the news after 930am est, and use the dollar index correlation as our guide. Im looking for major turning points on the dollar index for this trading strategy to […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Let’s review today’s day trading strategies together in the live trade room ————————————————————————————— Around the Globe this morning: – European shares rallied extending last week’s rebound as investors anticipate positive developments over the debt situation in Europe ahead of the EU summit on December 9th. […]
Continue readingThe Dollar Index is trading in a bullish price channel, we are above the major trigger zone, and we found an AB=CD Pattern to confirm where this price wants to go in the future. We expect to see much different personality when we get up to 79.500. The Dollar Index 13range shows us a strong […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Let’s review today’s day trading strategies together in the live trade room ————————————————————————————— Around the Globe this morning: – European shares traded down pressured by weaker than expected Chinese PMI data. Fears of global slowdown coupled with the Eurozone crisis added to the weakness in […]
Continue readingThis morning was incredible. We had a rough and sloppy day on Monday, but we stayed confident this morning and followed our trading plan for over 280 ticks of profit. Another example this morning of how important it is to NEVER let one bad day wipe you out! Today’s day trading strategy uses a price […]
Continue readingAutomated Trading Strategies can be used for many reasons. We have developed automated trading strategies to manage a long term investment account such as an IRA, and we have also developed Automated Trading Strategies that get very aggressive and look for small bite-size pieces of profit throughout the trading day. Today I want to share […]
Continue readingDow -67 S&P -7 NASDAQ -16 ***Economic Data*** Trading was choppy in the premarket and the first hour of trading following the lower-than-expected US GDP data and the failure of the supercommittee, not to mention continued debt crisis issues. However by mid morning equities were tilting firmly to the downside. The supercommittee outcome came as […]
Continue readingThe Dollar Index is looking a lot like a fake-out breakout market this morning with the big wicks and the price wedge above the ‘trigger zone’. Look for the Dollar index to be at the major turning points on this chart for the best trading opportunities. Now move faster to the Dollar Index 13range chart […]
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