Archive
Monthly Archives: July 2012
July 23, 2012
- in Uncategorized by schooloftrade
dollar index correlation day trading strategy
930am EST We have the dollar index correlation in play this morning, moving over 0.6% to the upside, giving the markets we trade a push lower overnight, and this morning we are looking for clues to see if the dollar index keeps moving higher, or if it reverses and we start looking for the short […]
Continue reading July 23, 2012
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Monday Morning Day Trading Strategy: Special Orientation Today
————————————————————————————— ————————————————————————————— SPECIAL NOTICE: Our trade rooms, both Members and Public will have a delayed-open this morning due to a special meeting of our members at 800am EST. Please be aware of today’s trade-room schedule: 8:30am EST: Open the Members-Only Trade Room, 30-minute Orientation 9:00am EST: Open the Public Trade Room, Morning Prep started as usual (Guests) […]
Continue reading July 20, 2012
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E-Mini-Russell Technical Analysis
945am EST E-Mini-Russell is trading in a price wedge and we have just recently broken the lows of the price wedge which is causing us to sit on hands and wait for more information. We always want to buy the lows of any trading range, and a price wedge has market personality that says we […]
Continue reading July 20, 2012
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Gold & Euro Futures Technical Analysis Prep
845am EST Gold futures trading at the lows of the short term price wedge and its trading in the middle of the longer term price wedge. The middle of ANY trading range is always expected to be a little sloppy, so today on gold futures we can only assume this price action is going to […]
Continue reading July 20, 2012
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Dollar Index & Crude Oil Futures Technical Prep
815am EST Dollar index is trading higher this morning after a drop off the highs from Thursday. We can see the trigger-zone resistance overhead along with the highs of the price wedge and the double-top resistance. We know right now the dollar index is coming into resistance and this is likely to stall this price […]
Continue reading July 20, 2012
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Options Expiration Friday, Low Volume Day Trading Opportunities
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— OPPORTUNITY; Every day is a new opportunity to learn from the markets we trade, earn income for our family, and provide generations to come with opportunities to do the same. Most people can see the opportunity that being a professional trader can bring. Not only are […]
Continue reading July 19, 2012
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Trading Wacky Wednesday earns over 100-ticks of profit with this day trading strategy
This morning was another incredible day of trading in our live trade room. We were given the opportunity this morning to learn more about Wacky Wednesday of OPEX, along with the proper way to enter a trade when the market is trending, along with when the market is going to reverse. Click here to […]
Continue reading July 19, 2012
- in Uncategorized by schooloftrade
Gold Futures Technical Prep
9:00am EST Gold futures are trading in the middle of the range, and looking very narrow as we sit right on top of the PHOD. This area tells me the traders on gold futures have no confidence to go higher or lower. As we sit on the PHOD this tells me the buyers tried to […]
Continue reading July 19, 2012
- in Uncategorized by schooloftrade
Dollar Index and Crude Oil Futures Technical Analysis
815am EST The dollar index traded lower off the highs of the price wedge the last 24 hours, and we find ourselves in the middle of the range and just below the PLOD. With the dollar index below the PLOD this does tell us the sellers are in control, so using the negative correlation we […]
Continue reading July 19, 2012
- in Uncategorized by schooloftrade
Jobless Claims, Philly Fed Survey on our Radar today
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— THE MEANING; Professional traders understand that everything in the markets we trade has a reason and a purpose. Price never moves without a reason, and every time someone enters or exits the markets there is a purpose. As new traders we seem to always be trying […]
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