Archive
Monthly Archives: November 2011
Monthly Archives: November 2011
This morning the first thing we did was review our day trading rules, the dollar index correlation, and our trading plan. My day trading rules make it easy for me to trade with confidence because I have seen them work so many times before. Even though yesterday was a tough day with FOMC I knew […]
Continue readingDow +133 S&P +13 NASDAQ 32 ***Economic Data*** – (IR) Ireland Oct Live Register Monthly Change: +2.7 v -4.3K prior; Unemployment Rate: 14.4% v 14.3% prior – (SA) South Africa Sept Electricity Consumption Y/Y: 1.9 v 0.4% prior; Electricity Production Y/Y: 2.4% v 0.5% prior – (CZ) Czech Central Bank leaves the Repo Rate unchanged […]
Continue readingMarket Personality: It’s hard to define market personality, but I know it when I see it. Vital Signs to look for: – High average true range (rising) – Consistent pace of tape o Consistent speed (volume) of the orders coming into the market – Consistent BIG MONEY – Speed of momentum going overbought to oversold. […]
Continue readingThe James’ Report: Professional Resources for Professional Traders ————————————————————————————— Let’s review today’s day trading strategies together in the trade room Dollar Index has a double top, at the highs of the bear price channel, and we have many clues telling us to wait for the dollar to break 76.850 and then look for the dollar […]
Continue readingDisclaimer ———————————————- 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 readingAutomated Day Trading software is a strategy that anyone can use to earn profits with us. Our lifetime members own these strategies, and they come included with our advanced membership. Set up the automated strategy, let it run, and watch your computer take the trades FOR YOU. Let’s take a look at how Gold Automated […]
Continue readingDow +217 S&P +23 NASDAQ +41 ***Economic Data*** – (US) MBA Mortgage Applications w/e Oct 28th: 0.2% v 4.9% prior – (US) Oct Challenger Job Cuts Y/Y: 12.6% v 211.5% prior – (US) Oct ADP Employment Change: 110K v 100Ke – (US) Weekly DOE Energy Inventories: Crude: +1.82M v +1Me; Gasoline: +1.35M v -500Ke; Distillate: […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Let’s review today’s day trading strategy together in the trade room Dollar Index is trading in the channel reversal zone, and we’re looking for price to break below the 76.610 which will send the dollar tumbling. Also keep an eye on the double top buy […]
Continue readingDay trading with multiple timeframes is one the most important aspects of my trading. Multiple Timeframes simply means that I use a combination of different chart timeframes to tell me the direction of the trend, the specific locations I want to trade, and then the exact time I will enter and exit the trade. The […]
Continue readingAutomated trading is easy to use, and has many benefits to a trader. I personally think that new traders see a great benefit from using automated trading strategies when they are learning because it takes the pressure of the learning curve, giving them time to learn discretionary trading. Here are the most recent results for […]
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