Archive
Monthly Archives: March 2012
March 21, 2012
- in Uncategorized by schooloftrade
Euro day trading strategy uses the PHOD and PLOD as big clues
The euro currency futures trading inside the range from Tuesday, so looking to use the PHOD and plod as trading opportunities. As price falls I’m buying the lows, and as price rises I’m selling the highs when we are inside trading day. First thing, we need to trade the highs and the lows of the […]
Continue reading March 21, 2012
- in Uncategorized by schooloftrade
Dollar index day trading strategy uses the price wedge as a big clue for day traders
We use the dollar index for two main reasons; first, to find the short-term-trend so we can trade against this trend using the negative dollar index correlation. Second, we look for possible turning points on the dollar index using the major support and resistance. In other words, if the dollar index is trending, we expect […]
Continue reading March 21, 2012
- in Uncategorized by schooloftrade
Day Traders Prepare for Bernanke, Geithner, and Crude Oil Inventories News
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— You can achieve the most difficult of tasks by completing something simple today first. Professional traders understand that our trading success is an evolutionary process, with our skills improving more every day. Its vital that we don’t try and learn everything at once, and […]
Continue reading March 20, 2012
- in Uncategorized by schooloftrade
Euro currency futures trading at the highs of the short term price wedge
The euro trading in a price wedge structure and just about to test the highs of the price wedge. We want to sell as price is rising into resistance and then once the resistance is broken we can start buying pullbacks above 1.3310. just remember to look for the fake-out breakout above the resistance at […]
Continue reading March 20, 2012
- in Uncategorized by schooloftrade
Crude Oil trading inside the range from Monday & price wedge structure
Crude Oil day trading strategy uses the bear price channel and the price wedge to give us big clues for our trading this morning. We can see we’re trading inside the range from Monday, so PLOD and PHOD are magnets and excellent places to look for trading opportunities. Our day trading strategy for Crude Oil […]
Continue reading March 20, 2012
- in Uncategorized by schooloftrade
Dollar index trading price wedge structure giving us big red flags
We can see a short term bear price channel, which gives us a directional bias. The short-term-trend tells us the opposite direction we will consider the highest percentage trades. With the dollar index moving lower, we can rest assured as long as this trend continues the higher percentage trades will be LONG on markets such […]
Continue reading March 20, 2012
- in Uncategorized by schooloftrade
Day Traders looking for more volume ahead of Housing Starts and Ben Bernanke
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders always understand the value of every trade they take. If we take a winning trade, we can build confidence and learn to follow trading rules. A scratch trade may be a successful avoidance of a loss, or a lack of ability to […]
Continue reading March 19, 2012
- in Uncategorized by schooloftrade
Fake-out breakout day trading strategy earns +80t Monday after Quadruple Witching
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== Our day trading strategy this morning was easy; we took the whole week off last week in our trade room, so it was vital that we got back to work, back in the rhythm of the markets we trade, and back into the […]
Continue reading March 19, 2012
- in Uncategorized by schooloftrade
Crude Oil flirting with the PHOD and day traders look for the price to failure
Crude Oil trading at the highs of its range, just above the PHOD so buyers are in control. We are looking to buy pullbacks above the PHOD with strong buying pressure, and then if the buyers fail above the PHOD we know the sellers will ‘smell the blood in the water’ and they will try […]
Continue reading March 19, 2012
- in Uncategorized by schooloftrade
Dollar index price wedge day trading strategy
The dollar index rolled forward to the 06-12 contract this morning so reminder to check your charts to trade the current front month contract on the dollar index. We have the dollar index trading in a price wedge, inside the range from Friday and just above the PLOD. We can see support below us if […]
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