Archive
Monthly Archives: April 2012
Monthly Archives: April 2012
We bought the lows on the E-mini Russell for +80 ticks of profit, took our trade off at the highs, and then waited for the buyers to fail above the PHOD. Once the buyers failed at the PHOD we got short below 806.0 and we’re taking profit targets all the way back down to the […]
Continue readingWe took 2 winning trades this morning; 1 Crude Oil and 1 E-Mini-Russell. Both of these trades buying the lows of the range after we successfully anticipated the dollar index falling off the highs at 800am. This was a perfect example of executing our plan we designed at 730am EST this morning in our live […]
Continue readingWe can see the major bull price channel, with the bull price wedge that comes along with it. We can see we’re trading in the middle of the price wedge, with a very flat BMT and trigger-line. This tells us that today in the middle we will expect sloppy price action. We will get much […]
Continue readingthe euro continues to trade in a sideways and narrow price range this morning, and our day trading strategy remains the same anytime we see this occur. We need to avoid the middle around 1.3100 and look for rising prices to sell the highs or falling prices so we can buy the lows. The hardest […]
Continue readingWe can see Crude Oil futures trading in a strong bear price channel with a short term bull price channel running up the middle. We will buy the lows/support of the bull price channel as the high-percentage trades and sell the highs/resistance of the bear price channel as a high-percentage trade as well. We can […]
Continue readingThe dollar index heat map says the markets is rising +0.3 which means we will now consider selling retracements as the high-percentage trades today using the negative correlation. We also see on the 89-range chart that we have a few big concerns from this technical analysis. We can see the short term and long term […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders understand that every step in the learning process is important, and we must accomplish each step as we develop from beginner to professional. If we do not learn the basics first, then apply those basics to advanced techniques we will never achieve the long term […]
Continue reading=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning we traded ‘Wacky’ Wednesday of Options Expiration Week for over 120 ticks of profit in yet another day of successful trading in our live trade room. We began the day with 3 clues from the news, dollar index, and some of our […]
Continue readingThe Shifting of Global Supply Disruptions I just read a great article on the different reasons supply of crude oil has been interrupted over the past 12 months. This is a really interesting situation, different regions, different reasons, and different results when supply is interrupted. Check out the article HERE
Continue readingWe can see that Crude Oil is trading in a short term bullish channel, and that channel is qualified as an advanced price structure because of the way it has played out. Members, log into your advanced course and learn this if needed. With that said, when crude oil drops to the lows we have […]
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