Archive
Monthly Archives: December 2012
Monthly Archives: December 2012
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— THE SPIRAL: We develop new skills in a circular motion, which begins with us in our natural state, using our instincts to react to problems that may arise in the future. From this point we learn new techniques, which at first, will feel unnatural and awkward. Repeated practice and […]
Continue reading[ALERT] We had a small technology issue this morning, has been resolved. AM Prep and Trade Room will be open before 8:30am EST
Continue readingDay Trading Plan, LIVE Russell Trading This morning we used a simple day trading plan to look for the high-percentage-trades in both Crude Oil and Mini-Russell Futures on a Non-Farm-Payroll-Friday. We earned just shy of +100-ticks this morning in what has always been a challenging day to trade. As always, our day trading plan we created together at […]
Continue reading(US) House Speaker Boehner (R-OH): There is no progress to report in fiscal cliff negotiations, the White House has wasted another week, has given us no counter offer – The president’s strategy is to “slow walk” the process, which is sending the US toward the fiscal cliff. – Geithner’s comment that the Administration is willing […]
Continue readingday trading plan Mini-russell The Mini-Russell has been trading in a sideways-trading-range all week so we are assuming this is likely to continue. We want to sell the highs and buy the lows of the sideways-trading-range and we will be looking for the reaction to the NFP news to possibly give us a breakout. As […]
Continue readingGold day trading plan Gold is trading at the lows of the price-wedge this morning with a big-round-number of 1700.00 above us as an excellent target for the buyers at these lows. We always want to use the big-round-numbers as price targets, and we are looking to buy-the-lows at support of 1688.0. If price moves […]
Continue readingEuro day trading plan We called the short trade off the highs earlier this week as the euro was testing the price-wedge resistance at 3130. Now the price-action has tumbled all the way down into the middle of the range, which means we cannot look for another entry opportunity until we get a retracement. This […]
Continue readingCrude Oil day trading plan We can see the price-wedge on the anchor chart of Crude Oil Futures. We are trading at the lows of this price-wedge so we are technically bullish at this support. If price falls lower we are wait for the sellers to exhaust and then buy the lows below the price-wedge. […]
Continue readingGerman Bundesbank slashes growth outlook; UK production data comes in worse than expected; Focus turns to US payrolls ————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— DAILY LOSS: Our lives have become increasingly complex, and each day we strive to find ways to simplify our lives by removing clutter, and letting go of things that […]
Continue readingLIVE Crude Oil Day Trading Plan This morning we made some easy profit using a simple day trading plan and our specific morning prep to plan our trades ahead of time this morning. Once we had our day trading plan defined at 8:00am EST we were able to sit back and wait for the price-action to […]
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