Archive
Monthly Archives: February 2012
Monthly Archives: February 2012
We began this morning with a day trading strategy that used economic news, the dollar index, and simple price structures to plan our trades ahead of time and then we sat back and waited for price to come to us and we traded that plan perfectly. We didn’t have ALL winning trades today, that’s not […]
Continue reading“they’re jigging the employment numbers”
Continue readingDifference between pullbacks and retracements – Pullbacks are when the price moves higher and then ‘pulls back to Support’. – Retracements are when the price moves lower and ‘retraces off the lows’ When we announce entries ahead of time? – With the fast track method trades – Every new trader will begin on the fast […]
Continue readingour day trading strategy on gold futures uses the 89range chart to locate the major bull price channel, and then we use the 55range chart to find the price wedge and the inside day, and then move faster to the 34 range chart where we can see the double-top and the support that come with […]
Continue readingOur day trading strategy for E-Mini-Russell uses multiple timeframes and begins with the 89 range chart with over 180 days of market data. We can see the AB=CD pattern reversal-zone which provides major resistance overhead so we look for price to fail at these highs so we can sell it short. We can see the […]
Continue readingThe day trading strategy for the euro currency futures starts with the 89 range chart and we can see we’re at the highs of the bull price channel, the trend lines as resistance overhead, and the inside trading day below the PHOD. With price off the highs we need to stay patient and wait for […]
Continue readingThe day trading strategy for crude oil begins with the 89 range chart and we can see the bull channel and the price wedge that has formed off the highs. We are trading inside the range from Tuesday and we can easily see major support and resistance above and below us. The 89 range chart […]
Continue readingOur day trading strategy for the dollar index uses multiple timeframes this morning as we look for the best levels of support and resistance along with the short term trend so we can make educated trading decisions. Remember the dollar index correlation when trading this morning. The 89-range chart on the dollar index shows us […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— The most sophisticated trading strategies are always the simplest as well. As professional traders we are constantly trying to resist the temptation from un-needed tools in our trading, and trying to over-think the markets. Professional traders strive to begin each day like a child, […]
Continue readingAnother day filled with profits in our live trade room, and this morning’s day trading strategy focused on a lot of major news coming out this morning along with a very big clue from the dollar index correlation which helped us earn 185 TICKS of profit. Joe’s Trades Today dollar Index trading strategy Our […]
Continue reading