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Monthly Archives: May 2012

May 10, 2012

Traders Prep for Jobless Claims, Ben Bernanke and Fed Budget Statement

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders understand the value of trading ‘what you see’ rather than ‘what you know’, avoiding the temptation to waste time trying to figure out what will happen in the future, or why things happened when they did.  We can spend all day working on predicting the […]

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May 9, 2012

We got LUCKY earning +185ticks day trading Crude Oil Inventories

  =================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== We had another exciting day of profits with our members this morning in the live trade room earning over 185 ticks of profit using clues from the dollar index and Crude Oil Inventories at 1030am EST today.  The key to today’s success was being […]

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May 9, 2012

Dollar index day trading strategy

The dollar index is trading at the highs of the major price channel, and price wedge this morning also at the highs of the range from Tuesday at 80.150.  The dollar index will need a lot of buying support here to push through these highs, and what ‘should’ happen is that price should stall at […]

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May 9, 2012

Crude Oil OPEN Trade Sets Up

Every morning at 800am EST we look for a specific trade set-up which we call the ‘Crude Oil OPEN’ Trade, which looks for price on Crude Oil Futures to be in a specific location relative to the Open of the day.  We have specific trading rules included in the Advanced Course for our members to […]

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May 8, 2012

+225ticks AB=CD Pattern Fails, and Dollar index Correlation says to stay short

  =================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning was another incredible day of learning and earning together in our live trade room.  We used the dollar index correlation along with a FAILED AB=CD Pattern to earn over +225ticks of profit on 12 trades this morning.  We got the day […]

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