Archive

Monthly Archives: August 2012

August 9, 2012

Morning E-Mini-Russell Checklist:

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. […]

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August 9, 2012

Morning Crude Oil Checklist:

CRUDE 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 […]

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August 9, 2012

Morning dollar index Checklist:

Heat 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 […]

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August 9, 2012

Jobless Claims, Natural Gas Inventories & 30-Year Bond Report

————————————————————————————— 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 […]

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August 8, 2012

Morning Crude Oil Checklist:

Heat 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, […]

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August 8, 2012

Morning dollar index Checklist:

 Heat 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 […]

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August 8, 2012

Crude Oil Inventories & 10-Year Bond Auction Traders Prep

————————————————————————————— 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 […]

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August 7, 2012

9:55AM EST UP-DATE:

Crude 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 […]

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August 7, 2012

Morning E-Mini-Russell Checklist:

Heat 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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