Archive
Monthly Archives: August 2012
Monthly Archives: August 2012
OHLC Analysis: We are 4 for 4 new higher-highs so this market is bullish, however, we can see the 4am EST highs of 6980.0. Keep an eye out for the price-reversal off this high if we cannot break above it. Are we inside or outside day today? Above the PHOD we are outside trading day […]
Continue readingHeat Map: What is it telling us? +0.4% says Crude Oil is bullish today, most likely from the falling dollar index and the fire at the refinery certainly didn’t hurt. OHLC Analysis: 4 for 4 higher-highs and we have successfully broken new higher-highs above the overnight highs. This confirms we are bullish. Are we inside […]
Continue readingHeat Map: What is it telling us? Falling dollar index this morning -0.2% tells us there’s movement on the dollar index however, we cant use the correlation until we get below -0.3%. OHLC Analysis: 4 for 4 lower-lows and we have indeed broken overnight lows. This is screaming bearish. Are we inside or outside day […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— BECOME A NATURAL; Have you ever wondered how Tiger Woods can drive the golf-ball 400+ yards only to put the tiny white ball inches from his target? Maybe a day trader? How do professional traders analyze the market price-action using the reaction to news to make profitable trading decisions […]
Continue readingThis morning was another great example of a professional trading method in action. You’re right, price-action was slow and sloppy. You’re right, most traders would have grabbed the Golf Clubs after seeing our Heat Map at 0.0% on the dollar index. You’re right, Crude Oil was supposed to fall off the highs of the price […]
Continue readingOHLC Analysis: We have 3 out of 4 higher-highs and we have broken the overnight highs. This tells us we are bullish. Are we inside or outside day today? Above the PHOD so we are OUTSIDE day today. This tells us to use wave-pattern-long to enter when price pulls back. Also tells us to sell […]
Continue readingHeat Map: What is it telling us? Heat map says +0.2% so we are sit-on-hands until we get above the 0.3% OHLC Analysis: 3 for 4 bullish, so we are looking for longs with this information. Overnight Highs & Lows: We are in the middle of the short-term trading range have not broken the highs […]
Continue readingHeat Map: What is it telling us? Heat map says bearish -0.4% OHLC Analysis: 3 for 4 tells us we should be bullish today, which is the opposite of the heat map, so we will wait and see more clues. Overnight Highs & Lows: We have not broken the highs or the lows of the […]
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Continue readingHeat Map: What is it telling us? Natural-Gas is bearish today on the heat map OHLC Analysis: We are bearish, 4 for 4 are lower lows. Overnight Highs & Lows: We broke the overnight lows, however, the buyers stepped in with interest at 2.850 and the price failed to move lower. We now sit on […]
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