Archive
Monthly Archives: November 2011
Monthly Archives: November 2011
Wanted to post this chart as an excellent example of how effective our strategy is when using the previous day’s trading ranges. here is the chart I posted today at 800am est, we saw this move coming a mile away! and here’s where we ended up today. right where we assumed we would settle. there […]
Continue readingTape reading is the most important skill I ever learned as a day trader, and it was very easy to learn once I had the correct technique and strategy to use it. Reading the time and sales window, also called ‘the tape’ will be a skill that you develop more every day, and your consistency […]
Continue readingDow -19 S&P -6.2 NASDAQ -21 ***Economic Data*** – (CA) Canada Sept Int’l Securities Transactions: C$7.4B v C$4.0Be – (US) Oct Housing Starts: 628K v 610Ke; Building Permits: 653K v 603Ke – (US) Initial Jobless Claims: 388K v 395Ke; Continuing Claims: 3.608M v 3.633Me – (BR) Brazil Sept Economic Activity Index M/M: 0.0% v 0.0%e […]
Continue readingThe Dollar Index is showing signs of concern this morning, starting with the 89range chart. You can see the doji candlesticks telling us a story, and we need to be patient waiting for the DX to be at major turning points in the market. Our 13range chart shows sideways slop and chop, around the OPEN […]
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 dipped lower as yields soared higher. The high peripheral yields have been the main reason for losses in the equity markets which turned for […]
Continue readingThe AB=CD Pattern is one of the highest percentage patterns we use in our trading strategy. The AB=CD pattern is very simple to learn, and even easier to use for winning trades. I have a few different ways that I like to use the AB=CD Pattern, and I train my members on this every day […]
Continue readingOur automated trading strategies are developed with professional traders in mind, and nothing says ‘professional day trader’ like scalping the e-mini ES. One of our favorite markets, the ES is a much slower-moving market and it gives us excellent opportunities to use this automated trading strategy to earn profits. Look at the results per month […]
Continue readingDow -43 S&P -3.5 NASDAQ -5 ***Economic Data*** – (BE) Belgium Sept Trade Balance: -€540.0M v -€1.8B prior – (US) MBA Mortgage Applications w/e Nov 11th: -10.0% v +10.3% prior – (RU) Russia Oct Industrial Production Y/Y: 3.6% v 3.5%e – (US) Oct Consumer Price Index M/M: -0.1% v 0.0%e; CPI Ex Food & Energy […]
Continue readingDollar Index gives us a few big clues this morning. Inside the range from Tuesday we have a new bull price channel along with the AB=CD Pattern that will make our strategy easy to put together this morning. Dollar Index 13 range chart shows us much more details and a BIG RED FLAG with this […]
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 stocks advanced in today’s session after Italian bond yields declined below the 7% mark. Mario Monti is expected to announce his new government while calming […]
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