Archive

Monthly Archives: October 2012

October 12, 2012

Morning Mini-Russell Checklist:

 Heat Map Review: Mini-Russell trading at a small 0.1% so this market personality is NOT considered moving. Overnight Highs & Lows: We saw buyers fail overnight at the highs and we just saw new lower-lows breaking the lows from overnight.  The BIG question on the minds of Mini-Russell traders is will this price close BELOW […]

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October 12, 2012

Morning Euro Checklist:

Heat Map Review: Market personality on the euro is moving this morning at 0.3% Overnight Highs & Lows: The euro has higher lows overnight and we’re testing the overnight highs and waiting to see if the buyers are strong enough. Inside or Outside Day? We are outside the range from Thursday and this is a […]

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October 12, 2012

Morning Crude Oil Checklist:

Heat Map Review: Crude Oil is not considered a moving market personality at 0.1% Overnight Highs & Lows: We have a range-bound market on Crude Oil with both the buyers and sellers failing to keep price above or below the overnight highs and lows.  Inside or Outside Day? Inside day, below the PHOD and above […]

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October 12, 2012

Friday Morning Day Trading Strategy

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— TIPTOES:  Professional traders must overcome ego, emotions, and sometimes arrogance when they obtain success in the markets.  A lucrative trading career can be an intoxicating mixture of power and profits, which can be disastrous in the long run.  To stand on tiptoes is to elevate ourselves above others, whether […]

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October 11, 2012

Morning Mini-Russell Checklist:

Heat Map Review: The Mini-Russell is considered a moving market personality with +0.8% Overnight Highs & Lows: Overnight lows were never tested, and with new higher-lows in price and a successful break of the PHOD and the overnight highs this is bullish.  We also see the RED DOJI which is telling us to be ready […]

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October 11, 2012

Morning euro Checklist:

Heat Map Review: Euro is NOT a moving market personality at 0.2% so we need to look for a little more entry PROOF of the trigger before we decide to participate. Overnight Highs & Lows: The overnight lows were tested and held as support and the overnight highs, along with the PHOD have been successfully […]

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October 11, 2012

Morning Crude Oil Checklist:

Heat Map Review: Crude Oil is a moving market personality so we know to keep an eye out for trading opportunities today. Overnight Highs & Lows: The sellers failed to make new overnight lows, the buyers easily took control and made new higher-highs.  We are now seeing a doji candlestick which alerts us to a […]

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October 11, 2012

Jobless Claims and Crude Oil Inventories; day Trading prep

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— OUTSIDE OURSELVES:  Professional traders understand the need to constantly be reviewing their performance, looking for ways to improve, and reinforcing skills that have made them successful.  This can be easier said than done, and a common trick among all professionals is to watch tape of themselves, or ask […]

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