Archive
Monthly Archives: February 2012
Monthly Archives: February 2012
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— You have the power to create your own beliefs, rather than using those of others. Look at the charts today, what are they trying to tell you? Don’t take someone else’s word for it, dig into them yourself, and create your own belief system […]
Continue readingThis morning we used another simple day trading strategy to earn 100 ticks of profit and take advantage of some slow and sloppy futures markets. The most important things today were the dollar index correlation and the double-bottom we found on crude oil. Joe’s Trades Today in Live Trade Room Our day trading strategy on […]
Continue readingE-Mini-Russell day trading strategy uses the 89 range chart to locate the major reversal-zone overhead from the AB=CD pattern so we know that there is significant resistance overhead if price tries to rise we will look to fade the breakouts. We can see the new short term AB=CD pattern but the most important thing right […]
Continue readingEuro day trading strategy uses the slower timeframe first and we used a 233 range chart to begin with so we can see the major levels above us and below. We can see the bear price channel, AB=CD pattern projection but the most important thing to consider is the price wedge. The faster 89 range […]
Continue readingCrude oil day trading strategy begins with the slowest timeframe first, the 144 range and this shows us the price action trading in a new range above the previous highs and we’re going to treat the new range as the most important clue. If price moves higher we buy pullbacks and if we drop below […]
Continue readingThe dollar index day trading strategy begins with the slowest timeframe first, and today we see the price wedge and we are trading at Tuesday HOD (PHOD). We are dead center in the middle of the price wedge, so this is the first clue we get, and its considered red flag. We go to a […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— What does heaven look like for a day trader? Is it a life filled with ONLY winning trades? If heaven is filled with nothing but profit targets, wont that get old after a while? How do you get excited to tell your spouse that […]
Continue readingOur day tradingstrategy this morning was very simple. We knew that we had very little news to work with in the US trading session, and we had news over the LONG Holiday Weekend regarding Greece and Iran which were causing markets to act a little sluggish but we knew that they could breakout easily. JJ’s […]
Continue readingOur day trading strategy for the E-Mini-Russell uses the slower 89 range chart to locate the major AB=CD reversal-zone over head which is major resistance and we can see the sideways ranges that have developed at these highs. We are trading off the AB=CD reversal-zone resistance, below the range from Monday, and headed to the […]
Continue readingGold futures day trading strategy uses the long term bear price channel as the higher percentage trading opportunities this morning. The price wedge tells me to expect fake-out breakouts and the bear price channel tells me that selling as price rises is the best way to trade this morning on gold futures. We calculated the […]
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