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Monthly Archives: December 2012
Monthly Archives: December 2012
This was a very exciting and profitable year of 2012 and we are looking forward to returning to our desks the first week of January 2013. We have some very exciting new projects coming out in 2013, along with a new trading strategy using Forex that our members are going to love! Have you learned […]
Continue readingCrude Oil Day trading strategy As of 9:30am EST we are trading in the middle of the range and the price-wedge. We can see three trading opportunities at this time. If price rises higher we will be looking at a higher-risk wave-pattern-short using the resistance trigger-line at 86.41 for the entry. We may not see […]
Continue readingCrude Oil day trading plan We can see easily the sideways-trading-range that Crude Oil is trading in this morning. This also comes in the middle of the range from yesterday. We are between the PHOD and the PLOD which means the market personality is trading sideways. With this said our goal today is to buy-the-lows […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— THE KING: Professional traders understand they must rule their lives like a king rules over a kingdom. Sure, there are many perks to being a king, just like there are for being a professional trader, however we need to remember that those benefits comes with some […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— OPPORTUNITY: Every trading day is a new opportunity to improve as a professional trader, and we have the luxury of live price-action to be our teacher. There is a never-ending supply of learning (and earning) opportunities in the marketplace every day we just need to know where to […]
Continue readingLIVE Crude Oil Trading This morning in our live trade-room we used the easy market personality from Crude Oil to buy a breakout and take profit at the range highs, then followed-up with a short trade to sell it all the way back down. This was a classic example of how we plan our […]
Continue reading– The FOMC decision is a three-act drama today: the policy statement drops around 12:30ET, economic forecasts come at 14:00ET and Chairman Bernanke’s press conference is at 14:15ET. Analysts expect Operation Twist to be replaced with un-sterilized Treasury purchases of roughly the same size. The Fed has signaled that it would like to supplement or […]
Continue readingThe E-Mini Russell is setting up for a short trade off the PHOD this morning. We saw the buyers fail above the PHOD and this usually gives us a nice price-reversal, and our biggest challenge will be waiting patiently for price to trigger the entry short @ 33.5. Remember we have FOMC Announcement at 12:00pm […]
Continue readingCrude Oil day trading Fourth trade of the morning for Crude Oil Futures uses the Crude Oil Inventories news which came out bearish along with the technical entry on our charts below 86.70. We used symmetry patterns to plan the final profit-target along with previous swing-low levels on the floor-charts. We have now earned over […]
Continue readingMini-Russell day trading plan We can see the Mini-Russell has been moving to new higher-highs this morning, and its sitting on top of the range from Tuesday. We know the PHOD and PLOD are ‘electric levels’ and as we call them ‘turning points’ in the market. This means that if price-action moves higher we […]
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