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Monthly Archives: November 2011

November 11, 2011

Morning Routine Day Trading Futures

Every professional day trader has one thing in common, they have mastered their morning routine.  For me personally, my morning routine is the most significant advantage I can give myself every day for many reasons. First, my morning routine for day trading clears my mind of all the clutter from the night’s sleep, the previous […]

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November 10, 2011

Multiple Timeframes Day Trading Strategy

Multiple timeframes are one of the key components to any professional trader’s long term success.  Simply put, using multiple timeframes allows you to see the entire market as a whole, while keeping a finger on the ‘pulse’ of what’s happen right now. An easy way to describe using multiple timeframes would be comparing the FOREST […]

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November 10, 2011

Double-Tops and Bottoms Day Trading Strategy

Double-tops and Double-bottoms may be the highest percentage ‘price structure’ we use as traders.  It doesn’t matter what type of trader; scalper, intraday, position or swing trading, we LOVE it when we see double-tops or double-bottoms because they are so consistently profitable.  I have a simple day trading strategy that allows me to identify these […]

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November 10, 2011

Trade the News Market Internals Update at 12:00ET

Dow +71 S&P +6 NASDAQ +1 ***Economic Data*** – (SA) South Africa Central Bank (SARB) leaves interest rates unchanged at 5.50%, as expected – (UK) Bank of England (BOE) maintained both Interest Rates and Asset Purchase Target left unchanged at 0.50% and £275B respectively – (CA) Canada Sept Int’l Merchandise Trade: +C$1.25B v -C$560Me – […]

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November 10, 2011

Day Trading Strategies for Euro, Crude, Russell and Gold futures

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— Let’s review today’s day trading strategies together in the trade room Dollar Index trading in a bull channel, inside the range from wednesday, and price wedge. Dollar Index 13 range chart shows us a bear price channel, which is used for short term market sentiment. […]

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November 9, 2011

Price Wedge Day Trading Strategy

If I could trade 1 day trading strategy for the rest of my career it would be a price wedge.  Even further, I would trade a price wedge along with an inside day, and we got exactly that this morning day trading crude oil futures. My strategy for day trading crude oil on Wednesday’s with […]

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