Archive
Monthly Archives: December 2012
Monthly Archives: December 2012
Euro Currency day trading plan We can see the 2 big clues from the euro are the price-wedge and the inside-day. We can also see the major bullish price-channel but we aren’t near the highs or the lows so we wont use it at this time. We are trading at the highs of the price-wedge […]
Continue readingCrude Oil day trading plan We can see three clues on Crude Oil futures this morning. We have a bullish price-channel, a price-wedge, and an inside-day. All three of these clues will tell me where the high-percentage-trades will occur this morning. The high-percentage-trades this morning will use the bull price-channel as our biggest clue, which […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— WINDS OF CHANGE: Time shows us that change is always around us, in every aspect of our lives. The economy, our personal lives, and our professional lives all work in cycles. For a while the our good fortune feels like a strong wind at our backs, and then seemingly […]
Continue readingGAP TRADING CRUDE OIL This morning we saw very slow price-action without any major news this morning on the calendar, but we were still able to make profit using a simple day trading plan that included a PRICE GAP on Crude Oil and a sideways-trading-range on the Mini-Russell. Our first trades this morning were short on Crude Oil […]
Continue readingGold Futures day trading plan We are bullish on gold at the lows of this price-wedge and after seeing the big-round-number of 1700.00 hold as support we are now buyers on gold. We can see the PLOD 1711.2 as an easy profit-target for the buyers and then if price keeps moving higher we buy up […]
Continue readingMini-Russell day trading plan We can see the Mini-Russell is trading at the highs of the bearish price-channel inside the range from Monday, and we recently failed below the PLOD. This tells us we are bullish looking for price to move up to the PHOD. We need to beware trading long at these highs, so […]
Continue readingEuro Currency Futures day trading plan The euro is moving higher this morning into the major resistance overhead at the highs of the price-wedge and the major swing-highs we see on this 89range chart. Our day trading plan for the euro this morning is to sell the highs at this resistance and we are waiting […]
Continue readingCrude Oil day trading plan We can see that Crude Oil has dropped below the PLOD which means this is considered an outside-day and we are bearish looking for selling opportunities. We can see support waiting for us at 87.85 and we will look to sell the break of this support. Our profit-target will be […]
Continue readingUSD maintains softer tone in quiet European trading; EU Finance Ministers meet to try to hammer out banking supervision role ————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— MANIFEST SUCCESS: Something very interesting happens when you create a plan and follow it with discipline and determination, you begin to see amazing coincidences and opportunities that […]
Continue readingLIVE GAP TRADING CRUDE OIL This morning we began our new month of December with a specific day trading strategy for a Monday. We always have to be patient on a Monday morning as the market personality is typically a little slower than other days of the week as traders come back to their desks. […]
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