Archive
Monthly Archives: November 2012
Monthly Archives: November 2012
Fake-Out Breakout Trading This morning we finished up the week of November with a fake-out-breakout strategy for Mini-Russell and Crude Oil Futures that earned us some decent profit, although the session was plagued by lower volume due to the end of the month Friday. Our first few trades this morning were on Crude Oil Futures using […]
Continue readingWe can see the bear price-channel with the trigger-zone resistance right at the highs. We are trading at the highs of the price-channel and into the major resistance. We can also see that PHOD is right above us, making this an INSIDE-DAY and telling us to sell these highs below the PHOD. When price fails […]
Continue readingWe can see that Crude Oil futures are trading near the highs of the bear price-channel and the bear price-wedge. We can also see the PHOD at 88.69 is the high of the short term trading range and will be used as resistance along with the highs of the price-channel and price-wedge. Our day trading […]
Continue readingGermany Parliament approves revised Greek aid bill; German domestic engine sputtering after weak retail sales data; Euro-zone Unemployment Rate hits fresh record high ————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— THREAT OF SUCCESS: For many professional traders, the biggest obstacle in their career is handling the almost-overnight success in their trade account. When we are successful as […]
Continue readingThis morning we had our second day in a row of earning over $1,000 in profits using the day trading plan included in our advanced membership. We opened our live trade-room at 8:00am EST with our Advanced Members and immediately put together then plan for trading today. We trades Crude Oil and Mini-Russell Futures […]
Continue readingMini-Russell is trading at the major range highs and we want to sell these highs as resistance. We have seen a lot of bullish market personality this morning after Obama’s speech on Wednesday afternoon. We will use a 2step pattern short to sell the highs, with a profit-target at the PHOD 813.6 If price decides […]
Continue readingWe can see the bullish market personality in the Crude Oil price-action this morning as we complete our initial prep. This goes hand in hand with the news yesterday from Obama that gave the markets its bullish confidence this morning. Crude Oil is trading near the top of its range at this time, and very […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— FEAR BLINDNESS: We all know that too much of anything is never a good thing. Everything is best in moderation, which includes allowing fear to affect our decisions in life. Fear is necessary for our long term survival as humans; however, when allowed to manifest and rule our lives […]
Continue readingCrude Oil Trading Plan This morning we got back to big profits with some much-needed volatility in markets such as Crude Oil and Mini-Russell. We opened our trade room today at 8:00am EST and began to formulate our trading plan for Wednesday. By the end of the morning today we earned over 100 ticks […]
Continue reading(US) FED’S BEIGE BOOK: ECONOMY EXPANDED AT A MEASURED PACE; HURRICANE SANDY CAUSED WEAKER GROWTH IN SOME AREAS Economic activity expanded at a measured pace in recent weeks, according to reports from contacts in the twelve Federal Reserve Districts. Cleveland, Richmond, Atlanta, Chicago, Kansas City, Dallas, and San Francisco grew at a modest pace, while […]
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