Archive
Monthly Archives: December 2011
Monthly Archives: December 2011
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European stocks dropped following S&P’s announcement that it was putting 15 Eurozone nations on negative watch for possible downgrade. Depending on the outcome of EU summit on Dec 9th, triple-A nations like Germany and France may lose their […]
Continue readingDow +148 S&P +19.5 NASDAQ +40 ***Economic data*** – (CL) Chile Oct Economic Activity Y/Y: +3.4% v +4.5%e – (RU) Russia Oct Consumer Prices M/M: +0.4% v +0.6%; Y/Y: +6.8% v 7.0%e; CPI Core M/M: +0.5% v +0.5%e – (SI) Singapore Nov Purchasing Managers Index: 48.7 v 49.7e; Electronics Sector Index: 50.9 v 51.5e – […]
Continue readingThe Dollar Index is where we being our trading day this morning, and our trading strategy takes advantage of the negative correlation with the US Dollar Index looking for major turning points in the market each day. The Dollar Index this morning on the 89range chart is showing the major zone below us, the minor […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European shares rallied in today’s session following Italy’s announcement of new austerity measures and the meeting of Sarkozy and Merkel. The Italian government announced new measures which would include a €20B in cuts and €10B in stimulus through […]
Continue readingOur day trading strategy this morning involved Non Farm Payroll news. All eyes are on the US Jobs data to be released at 830am EST today. We begin our day with the grand-daddy of all the news event, Non Farm Payrolls at 830am EST. This news event is tough to trade for a few reasons. […]
Continue readingAnother busy week of trading comes to an end with another profitable week of automated trading systems from schooloftrade.com. This automated trading system can be used to accomplish anything you wish. You can use this automated trading system on 1 market or 100, trading 1 contract or 1,000, and remember, the computer does ALL the […]
Continue readingDow +76 S&P +10 NASDAQ +20 ***Economic data*** – (CA) Canada Nov Net Change in Employment: -18.6K v 20.0Ke; Unemployment Rate: 7.4% v 7.3%e – (US) Nov Change in Nonfarm Payrolls: +120K v +125Ke; Change in Private Payrolls: +140K v +150Ke – (US) Nov Unemployment Rate: 8.6% v 9.0%e – (US) Nov Avg Hourly Earning […]
Continue readingWe begin our day today with the US Dollar Index, which is sitting in its trigger zone on the 89range, this tells us the price can go higher or lower from here. The Crude Oil 34range chart shows us this easy range to sell the highs. The Dollar Index 13range chart shows us the bear […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European equities were higher led by commodities and banks as investors anticipate that US economy has added jobs in November. Another data to watch are the Canadian net change in unemployment also expected during US session. European economic […]
Continue readingOne of the most effective day trading strategies uses price channels to identify the highest percentage trades. This morning we found the Russell at the highs of a long term bear price channel, and then combined that with the highs of the range from Wednesday, and the highs of the price wedge to complete a […]
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