Archive
Monthly Archives: April 2012
Monthly Archives: April 2012
we used the heat map on the dollar index this morning to give us BIG CLUES for the highest percentage trades, and this morning with the DX Heat Map saying RISING prices on the dollar we knew to stay net short looking for selling opportunities as the higher percentage. 2 trades, 2 opportunities to sell, […]
Continue readingOur day trading strategy for Crude Oil reminds us first that we have the EIA Energy Outlook set for release sometime today, and we’ve been hearing from Iran all morning along with the IMF Global Economic Outlook. All of these news reports will have an impact on Crude Oil PERCEPTION of supply and demand on […]
Continue readingWe can see the bear price channel and the major bear price wedge trading inside the range from Monday, with a MONSTER inverted hammer candlestick pattern. This big candlestick WICK tells us how confused the market personality has been on the dollar index over the past 24 hours, moving higher and then falling back down […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional Traders take complete responsibility for their actions because they understand it is the only way to achieve long term success. The act of daily self-reflection to find weaknesses in your trading method, and then making slight adjustments to your trading plan are essential for professional traders […]
Continue reading=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning our day trading strategy used three clues from economic news, the dollar index correlation, and the futures markets we enjoy trading most such as Crude Oil, Euro, E-Mini-Russell, and Gold futures. We got into a bit of trouble earlier in the […]
Continue readingTHE JOBS ACT WILL LIFT A BAN ON ADVERTISING BY HEDGE FUND AND PRIVATE EQUITY FIRMS, BUT WALL STREET MAY COME TO REGRET IT. FORTUNE — Private equity doesn’t have to be so private anymore. Buried deep in the recently passed JOBS Act bill is a provision that lifts the old Depression-era ban on advertising […]
Continue readingScientists in the United States announced plans to use remote sensing data to map grasslands in and around Nebraska in order to determine what areas are best suited for cellulosic biofuel derived from switchgrass. USGS officials said it would take much of the “guesswork” out of deciding where to plant crops for the use of biofuels […]
Continue readingCrude Oil is trading inside the bear price channel and outside the range from Tuesday. Both of those clues tell us the price should keep falling to the major support below it. We can also see trend lines above and below price have defined a price wedge which tells us to buy the lows of […]
Continue readingMy first job with the euro is to identify the dollar index correlation which is rising today, pushing the euro lower today. My second job is to find the price structure on each chart I will be using today. The first things we see on the euro is the bull price channel and we are […]
Continue readingThe dollar index is trading higher this morning according to the heat map on our morning prep, and when we open our 89 range chart we can see the bear price channel from Monday and Tuesday has been broken and we’ve seen the lows the of this price wedge hold and price moves higher off […]
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