Archive
Monthly Archives: November 2012
Monthly Archives: November 2012
Mini-Russell Day trading strategy The Mini-Russell Futures have been falling lower this morning below the PLOD making this an outside-day which means we are bearish along with it. As price is dropping to new lower-lows we are selling retracements using the wave-pattern-short. We draw trend lines from the recent swing-lows and this provides a […]
Continue readingWe can see that Crude Oil prices have been falling this morning, below the PLOD and breaking the lows from earlier this week. As we drop to new lower-lows we are selling retracements all the way down to the lows of the price-wedge where we will take profit-target and then look to buy these lows. […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— FOUNDATION FOR SUCCESS: Professional traders all have two things in common; a foundation of knowledge about the markets, and a simple set of rules to follow every day according to their trading plan. Every trader must possess these two fundamentals in order to have success in the long […]
Continue readingLive Crude Oil Trading This morning we opened our live trade room at 8:00am EST with our members and found our favorite markets trading sideways, in a range-bound market. We look forward to days with the market personality trading sideways because it makes for each profit buying the lows and selling the highs of the […]
Continue readingThe Mini-Russell is trading in a bull price-channel and coming off the lows at support. We can see the bearish AB=CD Pattern with a target and resistance at 817.8 overhead. In addition, we can see the double-bottom which creates resistance at 813.0, 815.3, and 817.9 overhead. We are also currently trading on top of the […]
Continue readingWe can see Crude Oil trading in a narrow price-wedge inside the range from Monday and trading into the trigger-zone resistance at 88.00. We can see the short term trading range in the yellow rectangle along with the 2 distinct price-wedge price-structures which tells us to treat this market personality as a range-bound market. A […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— TRADING KARMA: Professional Traders are taught from a very young age in their careers all about the wisdom of crowds, and how we are all just one grain of sand in the hourglass of our lives and the markets we trade. Books on Market Profile, Fibonacci, and Elliot […]
Continue readingLIVE TRADING CRUDE OIL This morning we used a very simple day trading strategy for the trading ranges that often come as result of traders coming back to their desks from a long holiday break from the action. This morning, a Monday, we got back to business and took 2 trades on our live account trading […]
Continue readingEvery 30 minutes we need to try and identify specific market personality clues. Every morning at 1030am EST we know that most often the news has already been released, and the big money in the marketplace has most likely already begun participating with the retail and speculators. This is when we need to ask ourselves…where […]
Continue readingWe can see the bearish price-channel along with the bearish price-wedge defined with trend lines from the swing-lows and the swing-highs. We can also see the trigger-zone resistance above us at 810.0 and 813.0 along with the trend line resistance which is right in the middle of those two. Mini-Russell Anchor Chart Prep What if […]
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