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Monthly Archives: April 2012
April 2, 2012
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Day trading strategy Crude Oil futures
Crude Oil futures are trading in a major bear price channel with an AB=CD pattern as support below us. We are trading below the PLOD so the sellers are in control and they will keep trying to push lower. If they are successful in pushing price below levels of support we will then sell retracements […]
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Gold Day trading strategy
Gold futures trading in a wide range this morning with the PHOD and PLOD still in tact so we’re considered an Inside Trading Day, and the highest percentage trades will occur at the highs or the lows of the range. Vital that we avoid trading in the middle on gold until this market personality changes […]
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Dollar index day trading strategy
The dollar index giving us big clues this morning on the 89 range chart. We can see the bear price channel, the bear price wedge, and the AB=CD pattern. We can also see the big inverted hammer candlesticks at the lows of the price wedge which tell us the sellers TRIED but they failed, and […]
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Tale of varying PMI data in both the Far East and Europe; Italy and Euro Zone unemployment at record levels
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— No two paths to successful trading are identically the same for a trader, and professional traders must understand that in order to get to the pinnacle of their own personal trading career they must eventually take their own path to the top as well. We all […]
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