Archive
Monthly Archives: April 2012
Monthly Archives: April 2012
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders achieve success when they understand the basic principle of reflection. We are a mirror’s reflection of what we give to the world around us. We get what we put out, and if we put out joy we get joy. If we put out anger, […]
Continue reading=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== Today was FOMC Day, a very busy day for most traders, and we review the proper trading strategy to use for FOMC Day in today’s video review. Prepare for tomorrow’s Live Trade Room with these Charts: Crude Oil Futures Gold futures E-Mini-Russell Futures Euro […]
Continue readingCrude Oil Inventories came out BEARISH and we spoke about this in real-time when it happened. With inventories HIGHER and Demand LOWER we knew this news was bearish, then we needed to see the buyers fail at support before we jumped into the trade short. Great trade for +35 ticks! We JUST took our 2nd […]
Continue readingThe euro has been trading sideways and narrow the past 2 weeks, and finally this morning with the dollar index making new lower-lows the euro pushes new higher-highs. We can see a BIG CLUE on this 89-range chart with the bear/failure of the bullish AB=CD Pattern when price moved above the 1.3222 also above the […]
Continue readingCrude Oil futures trading in a bear price channel and bear price wedge has formed in the short term. The best way to trade a price wedge is to sell the highs, buy the lows, avoid the middles and fade-the-breakouts. So as price rises to the highs I’m waiting for the buyers to fail and […]
Continue readingNews from Iran and the buyers failing above the PHOD push prices on Crude Oil lower and we sold the highs for a big winning trade. We took this trade LIVE, real-time and EVERYONE profited from the EXACT entry, stop and profit target given ahead of time.
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders understand the value of balance in their lives; balance in emotions, family, work, and rest. We must keep an ‘even keel’ when dealing with our emotions in every situation; trying not to get too high when things are going well, or too low when […]
Continue reading=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning we earned over 150 ticks of profit using a very simple day trading strategy with the AB=CD Pattern and the dollar index correlation. This morning was the start of the FOMC Meetings, a 2-day meeting where tomorrow we will hear from […]
Continue readingEuro currency futures are trading at the highs of the short term price wedge. We want to sell these highs and if price keeps going higher we will buy pullbacks above 1.3220. The euro market personality has been very sloppy so we assume that there will be fake-out breakouts for us to sell the highs […]
Continue readingGold futures day trading strategy Gold futures is trading just above the PHOD and when the buyers fail we will sell short below the PHOD and the support levels around 1641.0. This will be a fake-out breakout above the highs so we can assume the sellers on gold futures will attempt to push price all […]
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