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Monthly Archives: December 2012

December 6, 2012

Afternoon day trading plan up-date

– (US) Initial Jobless Claims: 370K v 380Ke; Continuing Claims: 3.205M v 3.275Me – Trading in the European session and on US markets has been highly volatile and choppy.  There was some static in Italy as meddling by Berlusconi may have cost him his parliamentary majority. Greece’s rating was downgraded, unsurprisingly. However the very strong […]

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December 6, 2012

Mini-Russell day trading plan

Mini-Russell day trading plan We are trading at the highs of the bear price-channel and inside the range from yesterday.  This tells us two major clues.  First, we know that an inside-day tells us to buy-the-lows at support and sell-the-high at resistance.  Second, being at the major highs of the range we know the high-percentage-trades […]

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December 6, 2012

Euro Futures Day trading plan

Euro Futures Day trading plan Euro Futures are STILL trading at the highs of this price-wedge and we are sluggish and sloppy at these highs.  It definitely looks like a selling opportunity, but at the same time we can tell something is likely to happen soon, we just don’t know which way the ECB report […]

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December 6, 2012

Crude Oil day trading plan

Crude Oil day trading plan Our day trading plan for Crude Oil Futures this morning is to use the inside-day price-structure along with the trigger-zone support at 87.25 as our biggest clue at 8:30am EST. If price rises higher we will have failed to break new lower-lows below the PLOD which means that the sellers […]

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December 6, 2012

Morning Day trading plan; schooloftrade

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— READ TODAY’S PRICE LEVELS PATTERN OF ENERGY:  What are you made of?  A scientist would say you’re an organism made up of trillions of cells, each containing molecules and atoms, which are always changing.  In other words, from a microscope we’re constantly changing, evolving into a pattern of energy […]

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December 5, 2012

Mini-Russell day trading plan

Mini-Russell day trading plan We can see three clues on the 89range anchor chart for the Mini-Russell.  We can see the bear price-channel, the inside-day after the buyers failed, and the bearish price-wedge. We are trading at the highs of this range, and we can see the buyers just recently failed above the PHOD.  This […]

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December 5, 2012

Gold day trading plan

Gold day trading plan We can see four distinct price-structure clues this morning on this 89range anchor chart of gold.  We can see the inside-day, the price-wedge, big-round-number, and a bullish AB=CD Pattern.  Each of these clues tells me something different. First, we know the inside-day tells me we are still trading inside the range […]

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