Archive
Monthly Archives: September 2012
Monthly Archives: September 2012
Heat Map Review: Heat map says the Mini-Russell is a moving market, so im looking for high-percentage-trades. Overnight Highs & Lows: We are above the PHOD we have a STRONG candle and this all tells us this market is bullish, we need a wave-long to enter. Inside or Outside Day? We are outside day on Mini-Russell […]
Continue readingHeat Map Review: Euro is a moving market according to the heat map. Overnight Highs & Lows: Very similar to Crude Oil this morning, the buyers took control, they pushed new higher-highs and now we have a confusion candlestick pattern that tells us this price-action is likely to either move higher and re test he […]
Continue readingHeat Map Review: The heat map says 1.5% volatility, which means this is a moving market (anything greater than or equal to 0.3%) so we will look for trading opportunities now. Overnight Highs & Lows: We can see the buyers tried, however, they failed, and now the patterns say bearish and we want to sell this. Inside […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— LEFT AND RIGHT: Take a look at your hands today, both the left and right. In western cultures the right hand is associated with correctness, and righteousness. In eastern cultures the right hand is considered the hand of violence, because so many people were right-handed and it was used […]
Continue readingThis morning we began the day with early morning Jobless Claims news that got us started early, and then we had to keep a close eye on the clock after 1030am EST before the market-personality took a nose-dive before the FOMC Announcement scheduled for 1230pm EST. The morning got started quickly with a simple wave-pattern […]
Continue readingThis trade was called live, 20 minutes ahead of time, with exact entry, stop loss, and profit target. LIVE Trading on Crude Oil Futures in our Trade Room
Continue readingHow do you add onto a position? – Begin by selling short 1 contract – Add to your position by using a Sell Stop to add 1 contract short. (placed on the dom, no ATM needed) – NT will average your entry price – Our trade plan tells you where to place […]
Continue readingHeat Map Review: Heat map confirms this market personality is bearish at a -0.4% Overnight Highs & Lows: We can see this is a range-bound market with the buyers failing, and then later this morning the sellers failing. This creates a short term trading range, and we want to buy the lows and sell the […]
Continue readingWe find the Euro this morning trading at its trigger-zone highs, which is major resistance. We also can see the Dollar Index is moving higher, off the lows of the bear channel support. The euro and the dollar have a negative correlation, and this is a big clue for falling prices on Euro, while we […]
Continue readingHeat Map Review: This heat map confirms Crude Oil is bullish Overnight Highs & Lows: We have a range-bound trading day on our hands with Crude Oil this morning. Sellers failed overnight and the buyers are just about to fail as we speak. Inside or Outside Day? We are in the middle of Wednesday’s trading […]
Continue reading