Archive
Monthly Archives: April 2012
April 24, 2012
- in Uncategorized by schooloftrade
Day trading strategy for dollar index correlation
First thing this morning we check the dollar index for its market personality and its short-term-trend. We check the blog for the heat map at 730am EST and we see the dollar index is FALLING at -0.2% which means we will use the dollar index correlation as our directional bias. With the dollar index falling, […]
Continue reading April 24, 2012
- in Uncategorized by schooloftrade
Traders prep for CAD Retail Sales & USD Consumer Confidence
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders have a very special set of skills that allow us to operate with a simple, yet strict set of rules in an otherwise rule-less market environment. Professional traders understand there is nobody to tell them what they can and cannot do, and therefore the unlimited […]
Continue reading April 23, 2012
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+120ticks Day Trading OUTSIDE the Range on the E-Mini-Russell
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning we got back to business in our live trade room with members trading Crude Oil, E-Mini-Russell, and gold futures. The euro was sloppy all morning with very little market personality so we sat on hands trading the euro. We earned over 120 ticks […]
Continue reading April 23, 2012
- in Uncategorized by schooloftrade
Fast Track Method Trading at its best on Crude Oil Futures
This was a hard trade to take (joke) on Crude Oil this morning…we ONLY gave our members 2 full hours to get into the trade before it filled both of our profit targets, and we provided the exact entry, stop loss, and profit target which made it EASY for anyone to trade right along with […]
Continue reading April 23, 2012
- in Uncategorized by schooloftrade
Gold Futures Trading Sideways; Telling us to sell the highs and buy the lows
Gold futures trading sideways after we bought the wedge lows at 800am EST this morning. We’ve been watching the market personality change every since we took our first trade and now we can easily see the sideways trading range with the FLAT trigger lines, and price action in the middle. We want to sell the […]
Continue reading April 23, 2012
- in Uncategorized by schooloftrade
E-Mini Russell gives us Wave Patterns to hit our daily goal
We’ve hit our daily profit goal following our simple day trading plan which was to sell new lower-lows with retracements using multiple timeframes and the dollar index correlation strategy. 4 New Lower-Lows on the TF E-Mini Russell, and 4 winning Fast Track Wave Patterns Short
Continue reading April 23, 2012
- in Uncategorized by schooloftrade
Crude Oil day trading strategy
We can see bull price channel on the 55 range chart on Crude Oil and this price channel has given us the advanced price-structures support at 101.85. We can also see a short term bull price wedge and trading below the PLOD so this is an outside trading day. We know the heat map on […]
Continue reading April 23, 2012
- in Uncategorized by schooloftrade
Day trading strategy for the dollar index correlation
Dollar index trading in a strong bear price channel and bear price wedge structure. We are inside the range from Friday just below the PHOD and well above the PLOD. We can see we’re in the middle of the price wedge and the middle of the range so we’re not at the highs or the […]
Continue reading April 23, 2012
- in Uncategorized by schooloftrade
Monday Morning Traders Staying Patient without major news
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders understand that you need many different ‘vantage points’ to understand the markets in the long term. Just like looking at a single chart timeframe is almost useless, successful traders also much find ways to look at the market from different angles, different points of […]
Continue reading April 20, 2012
- in Uncategorized by schooloftrade
185 ticks fake-out breakout day trading strategy E-Mini-Russell & Crude Oil Futures
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning we traded the E-Mini-Russell and Crude Oil futures earning over 188 ticks of profit using a simple trading strategy that anticipates a fake-out breakout at the highs or lows of a trading range. The dollar index correlation was especially helpful today when it […]
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