Archive

Monthly Archives: September 2012

September 10, 2012

Morning Crude Oil Checklist:

 Heat Map Review: We have a negative 0.2% so we consider this to be sluggish, and NOT a volatile market personality.  This can and will change so keep an eye on it. Overnight Highs & Lows: We tested the lows and they held, we tested the highs and they too held, so we consider this […]

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September 10, 2012

Mondays are made for Weekly Prep, no major news in the US ahead of FOMC Day

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— HUMAN SPEED:  When was the last time we decided to walk, rather than take an automobile to the market, or to the office?  Have you ever tried walking the same route you normally take in a car?  Have you ever noticed new things along the way when you’re walking […]

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September 7, 2012

Morning euro Checklist:

Heat Map Review: We are bullish on our heat map Overnight Highs & Lows: We are above the overnight highs, we are bullish Inside or Outside Day? Outside day, above the PHOD, this is bullish Find the price-structures: ·       Trigger-zone is resistance overhead ·       Price-wedge has resistance above us around 1.2900 and this is a […]

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September 7, 2012

Morning Crude Oil Checklist:

Heat Map Review: Crude Oil is indeed moving this morning, we have +0.4% on the heat map. Overnight Highs & Lows: We have failed above overnight highs, this is bearish.  Target for sellers is the Open this morning and the PLOD. Inside or Outside Day? We are inside the range from Thursday and we are […]

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September 7, 2012

Non farm Payrolls, Bullish europe, and Canada Ivey PMI

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— DYNAMIC CHANGE:  No matter where we look in life we see a continuous, nonstop exchange of energy, information, power, and wealth.  Consider a tree in the forest, which is consuming carbon dioxide, producing oxygen, providing shade, building materials, and using water and solar energy. As I type this […]

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September 6, 2012

ECB rates, Jobless Claims, Crude Oil Inventories

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— PERFECT TIMING:   It’s not uncommon to hear a professional trader say that one day they had the ‘moment of clarity’ where it all seemed to make sense.  Furthermore, many traders regret for not getting to this point faster, thinking to themselves ‘if only I would have known […]

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September 5, 2012

Morning Mini-Russell Checklist:

Heat Map Review: The heat map says we are flat, very little volatility, this tells us to be patient. Overnight Highs & Lows: We see lower highs around the PHOD and we are seeing us at the highs of the multi-day trading range.  This tells us we are bullish above 820.0 (range highs) and bearish […]

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September 5, 2012

Morning Crude Oil Checklist:

Heat Map Review: The heat map says there is no volatility on the Crude Oil futures market at this time.  This will change, so keep checking back for the market personality we need today. Overnight Highs & Lows: We failed below the PLOD and the buyers have pushed price higher considering we are at the […]

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September 5, 2012

Day Trading Morning Prep; early morning news kick-starts another trading day

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— CREATIVITY:  Professional traders possess a combination of some very unique skill-sets, the most important of which is creativity.  Small-business experience, statistical and technical analysis are all important, however without a creative mind we would never be able to make any profit on these other technical skills we have […]

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September 4, 2012

Crude Oil Technical Prep

We have two trading opportunities at this time.  First, the Wave-pattern Short is setting up on theis 21-Range chart.  Second, if this wave pattern short FAILS,  We will buy above 96.81 if price cannot stay below that previous support.  Our target for the short is the 96.30 and for the long, and the PHOD 97.25

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