Obamacare Explained

Euro and Gold Futures are waiting for the Dollar Index to move higher for the reversal

900am EST The euro currency futures are trading above the PHOD so we’re bullish on the Euro, but just like the other markets we’re wondering if the big jump on the news overnight is still strong enough to keep going higher.  We’re already seeing the highs start to form on these markets, and if the […]

830am Day trading prep for news and crude oil futures

830am EST This morning we see bullish market sentiment on the markets we trade after news from Europe gave new life to the recovery process.  Keep in mind, this can easily fail now and tumble back down if there is anything of concern that starts to come out.  Like a soap opera, we never know […]

Friday Morning Prep ahead of Busy EU-Summit Weekend

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— Success is in the eyes of the beholder;  Professional traders understand that everything is mental when it comes to our own success.  Everyone is different, which makes this world an amazing place to do business and as an individual we all have different opinions […]

+100ticks day trading ‘Obamacare’ News Release

CRUDE OIL TRADE, CALLED LIVE We earned over 100 ticks of profit today and got out of the market JUST before it started to go sour.  This morning we began with some major news early in the trading session in the US, and then we watched as the volume dropped, people left the market, and […]

Hedge Fund Webinar Starts at 430pm EST

Every Thursday @ 4:30pm EST we take some time out of our busy schedules to talk about the many opportunities in the changing Hedge Fund & Managed Accounts Industry. This is going to be an educational event, filled with opportunity, so don’t miss it today @ 4:30pm EST Click this link to attend today’s Webinar, and remember […]

Crude Oil Up-date @ 1030am EST

We have the report on Obamacare that is currently being ‘digested’ by the markets and the price action is sloppy at these range lows.  We can see the price wedge lows as support directly below us, but it appears the market sentiment after the 1015am Obamacare Release is being received as bearish. We find a […]

Crude Oil Futures trading at the lows of the major trading range

830am EST A quick overview of the markets we’re trading this morning shows some sideways ranges and some sloppy market personality.  Crude Oil trading in a sideways range, so selling the highs and buying the lows will be our main priority.  Gold futures trading in a bearish price channel with the high-percentage trades coming in […]

Economic News Review & Dollar Index Correlation Trading Strategy

800am EST The news review this morning in our live trade room shows us three big clues.  First, the news was bearish overnight, and if that market sentiment continues into the US Session we will trade right along with the ‘bears’.  Second, there is major news early today so we need to be ready early, […]

Markets Trade Sideways ahead of Jobless Claims, EU Summit

The Great Circle;  We all move in circular motions in our lives, and professional traders are no different.  Every planet in our solar system, and birthday we celebrate.  Think about where you were just 12 months ago today.  A full calendar year has passed, and things are the same as they always are, but a […]