Archive

Monthly Archives: November 2012

November 30, 2012

Mini-Russell day trading plan

We 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 reading
November 30, 2012

Crude Oil Day trading plan

We 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 reading
November 30, 2012

Day Trading Plan; schooloftrade

Germany 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 reading
November 29, 2012

Mini-Russell day trading plan

Mini-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 reading
November 29, 2012

Crude Oil day trading plan

We 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
November 29, 2012

Day Trading Plan; schooloftrade

————————————————————————————— 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 reading
November 28, 2012

Fed Beige Book survey notes

(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 […]

Continue reading
1 2 3 9