Archive
Monthly Archives: March 2012
March 23, 2012
- in Uncategorized by schooloftrade
The dollar index day trading strategy
We’re looking for the short-term-trend and the major levels of support and resistance on the dollar index because when we see a trend we can trade AGAINST the trend with the negative correlation, and the major support and resistance will be excellent trading location and opportunities when price either reverses off these levels or successfully […]
Continue reading March 23, 2012
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Day Traders Prep for New Home Sales and Ben Bernanke Friday
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Think of the market you’re trading today like a river. Every river has times of fast movement, and slow movement. Every river has a direction, north or south, and every river has a distinct personality to it that you need to be aware of. […]
Continue reading March 22, 2012
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Day trading strategy for Crude Oil, Euro and E-Mini-Russell Futures
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning we used three clues to make educated trading decisions according to our simple day trading strategy for Crude Oil, euro, E-Mini-Russell, and gold futures. Our day trading strategy earned us a modest 30 ticks for the Advanced Method, and 40 ticks […]
Continue reading March 22, 2012
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E-Mini-Russell day trading strategy uses advanced price structure for price channel
The E-Mini-Russell trading below the PLOD so sellers are in control and we are selling retracements with new lower-lows as long as we are NOT selling into support. We can see many variations of a bull price channel and the most important price channel we see the A, B, C, and D telling us where […]
Continue reading March 22, 2012
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Euro day trading strategy uses the price wedge structure
The euro is trading in the middle of the range in the middle of the price wedge and just below the PLOD. The sellers were not quite strong enough to finish the move lower to the price wedge lows, and when the buyers push this higher we will buy this above the PLOD. As price […]
Continue reading March 22, 2012
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Crude Oil trades in transition between buyers and sellers in control
Crude Oil trading at the PLOD tells us the buyers have failed and the sellers are trying to push price lower. We can see the major bear price channel and the price wedge price structure which are our biggest clues from the 89 range chart on crude. 55 range chart on Crude Oil shows us […]
Continue reading March 22, 2012
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Dollar index trading a short term price channel just above Wednesday’s highs
We use multiple timeframes on the dollar index to find the most important levels of support and resistance along with any short-term-trend. The 89 range chart on the dollar index showed us the big price structures, and then the faster 21 range shows us the short term trend and the most important levels above and […]
Continue reading March 22, 2012
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Futures trading lower; day traders prepare for weekly Jobless Claims Economic News
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders understand that we are on a journey every day learning more from the markets. If this is true, then we need to remember not to allow the old ‘baggage’ from our history drag us down in our future. Professional traders have mastered […]
Continue reading March 21, 2012
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Crude Oil Inventories & Price wedge; fade-the-breakouts for +125 ticks of Profit
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== Our day trading strategy this morning used 3 simple clues to formulate our trading plan, and then we just sat back and waited for the price action to come to us as we earned over 125 ticks of profit this morning with our […]
Continue reading March 21, 2012
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Crude Oil trading sloppy and sluggish ahead of inventory news this morning
We have a price wedge, inside trading day, and a very narrow and sluggish market personality on Crude Oil this morning. We can see the narrow price wedge in the middle of the major/wider price wedge so we trade the price wedge first, and then we look for fake-out breakouts above the highs and lows, […]
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