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Monthly Archives: December 2011
December 8, 2011
- in Uncategorized by schooloftrade
Trade the News Market Internals update at 12:00ET
Dow -102 S&P -14.5 NASDAQ -22 ***Economic data*** – (UK) Bank of England (BOE) leave both Interest Rates and Asset Purchase Target unchanged at 0.50% and £275B respectively – (EU) ECB cuts the Main 7-day Refi Rate by 25bps to 1.00%; as expected – (CA) Canada Nov Housing Starts: 181.7K v 200.0Ke – (CA) Canada […]
Continue reading December 8, 2011
- in Uncategorized by schooloftrade
day trading strategies gold, euro, russell, dollar index futures
Disclaimer ———————————————- 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 reading December 8, 2011
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Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – EU Leadership Summit Begins – European shares rose ahead of the anticipated rate cut from the European Central bank due out in NY morning. The summit on the 9th of December is also lifting the shares even though […]
Continue reading December 7, 2011
- in Uncategorized by schooloftrade
Trade the News Market Internals Update at 12:00ET
Dow -19 S&P -5 NASDAQ -16 ***Economic data*** – (CL) Chile Nov CPI M/M: 0.3% v 0.1%e; Y/Y: 3.9% v 3.7%e – (GE) Germany Oct Industrial Production M/M: +0.8% v +0.3%e v -2.7% prior; Y/Y: 4.1% v 3.5%e – (SA) South Africa Oct Retail Sales M/M: 0.6% v 0.7%e; Y/Y: 7.4% v 7.5%e – (CL) […]
Continue reading December 7, 2011
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day trading strategy for professional traders
The dollar index is trading higher this morning in a bullish price channel, and inside the range from Tuesday. This tells us the sellers failed at the PLOD and this should test the PHOD at 78.975. With the dollar index rising we want to sell retracements with new lower lows on the markets we trade. […]
Continue reading December 7, 2011
- in Uncategorized by schooloftrade
Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – Markets are ignoring recent history as shares hit 5-week high on optimism that the EU summit on December 9th will provide a solution to the debt crisis. Financial press reported that EU official were discussing running both ESM […]
Continue reading December 6, 2011
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Dollar index and Gold futures day trading strategy
Our day trading strategy this morning was simple. We saw a price wedge on the dollar index which told us to be very careful this morning. The next clue we saw was from gold futures, with a price channel, outside day, and breaking the lows of our major trigger zone support. Our day trading strategy […]
Continue reading December 6, 2011
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Gold futures fully-automated trading system
Our automated trading systems work incredibly well in any market environment. Recently, it’s been challenging to trade gold futures with a discretionary approach because of all the whippy price action, but as you can see here, our automated trading system is doing just fine. Gold automated trading took 6 trades in the past 48 hours, […]
Continue reading December 6, 2011
- in Uncategorized by schooloftrade
Trade the News Market Internals update at 14:00ET
Dow +31 S&P -1 NASDAQ -9 ***Economic data*** – (GE) Germany Oct Factory Orders M/M: +5.2% v +1.0%e; Y/Y: +5.4% v 1.9%e – (BR) Brazil Q3 GDP 0.0% v 0.0%e; Y/Y: +2.1% v +2.4%e – (US) Weekly ICSC Chain Store Sales w/e Dec 3rd: -2.3% +3.8% y/y – (CA) Bank of Canada leaves interest rate […]
Continue reading December 6, 2011
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Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures
We begin our day with the dollar index, and with the news out of europe overnight we expect to see the dollar continue to rise with the euro potential falling to new lows. We begin with the 13-range chart for the Dollar Index, which is fast enough to show us the short-term trend on the […]
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