Archive
Monthly Archives: August 2012
Monthly Archives: August 2012
Heat Map: What is it telling us? There is very little market personality on the E-Mini-Russell this morning with the heat map at a DEAD ZERO. Keep an eye on the market personality today this may be a day to sit-on-hands. OHLC Analysis: 3 out of 4 are higher-highs so we assume this is bullish. […]
Continue readingCRUDE OIL FUTURES Heat Map: What is it telling us? Heat map says Crude Oil is bullish today, lets use the wave-pattern-long to enter along with it. OHLC Analysis: 4 for 4 higher-highs, this tells us we should be bullish today if this trend continues Overnight Highs & Lows: We are trading above the early […]
Continue readingHeat Map: What is it telling us? Dollar index is bullish according to our heat map. A reading of 0.3% tells us we can also use the dollar index correlation. OHLC Analysis: 3 for 4 higher-highs on the 30-minute OHLC chart. Overnight Highs & Lows: We have successfully broken and held above the highs from […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— GRATITUDE: Life gives us so much to be thankful for every day, we have so much time to practice the art of gratitude, but very few of us busy professional actually take the time to do it. Look around you; the sun provides light and warmth, we feel […]
Continue readingHeat Map: What is it telling us? Crude Oil is bearish in the eyes of our heat map -0.4%. this means selling with wave-pattern-short may be our high-percentage trades today, we need to confirm with the market personality. OHLC Analysis: We look bullish in the sense that we have 4 out of 4 higher-highs however, […]
Continue readingHeat Map: What is it telling us? Heat map on the dollar index says a bullish 0.2% which is less than our minimum to use the correlation. This will change, so keep watching the heat map every 20-45 minutes. OHLC Analysis: Dollar index is very bullish, breaking above Tuesday’s highs and today’s European-session highs (overnight […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— THE HOLE; Professional Traders must always resist the temptation to over-complicate their busy lives by remember the value of our hole in their soul. Think of our minds as an empty room, an glass that is empty, or a HOLE within us. Just like the center […]
Continue readingTrade Management Crude Oil This morning our trade management strategy was the biggest key to our day trading success for a few specific reasons. We earned over 85 ticks of profit and got one step closer to our monthly trading goals for our trade room(s). Click here to read the COMPLETE Live Trade Room Recap
Continue readingCrude Oil : Crude Oil is trading at the price wedge highs and the buyers are about to fail with the wave-pattern-long. We look for short below the 92.60 level and take profit at the lows of the bull price channel. There is not a lot of market personality this morning so far, without much […]
Continue readingHeat Map: What is it telling us? Heat map says bullish, over 1.0% on the up-side. OHLC Analysis: We have 4 higher-highs so we look very bullish. However, look at the 4am EST swing-high at 799.3 which was followed by another attempt to make new higher-highs that quickly failed. You can see the swing-high and […]
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