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Monthly Archives: February 2013

February 25, 2013

Gold Anchor Chart Prep

We begin with the big move higher this morning on gold now almost ready to collapse as we head back inside the range from Friday last week.  We are ready for a short position using the Inside Out Set-up and we have 2 easy to find profit-targets on the way down. Our day trading plan […]

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February 25, 2013

Crude Oil Anchor Chart Prep

Crude Oil Anchor Chart Prep Crude Oil futures moving higher this morning and we can see the InsideOut Set-up giving us opportunity to sell short at the PLOD from last week 94.22.  We look for the buyers to fail so we can sell short with a profit-target in the range from Friday down at 93.48 […]

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February 25, 2013

SchoolOfTrade; Day Trading Strategy Morning Prep

“Success consists of going from failure to failure without loss of enthusiasm.” –Winston Churchill News for the week: Global Calendar: Investors will be paying close attention to Fed Chairman Ben Bernanke’s Congressional testimony on Tuesday and Wednesday, especially after the strong reaction to the minutes of the FOMC’s last meeting. Key Japanese data for January will be […]

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February 15, 2013

Motivation courtesy of Mr. Lombardi

Vincent Thomas “Vince” Lombardi (June 11, 1913 – September 3, 1970) was an American football coach. He is best known as the head coach of the Green Bay Packers during the 1960s. The National Football League’s Super Bowl trophy is named in his honor. Lombardi played football at St. Francis Preparatory School, and later Fordham […]

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February 15, 2013

Leadership

“The most dangerous leadership myth is that leaders are born — that there is a genetic factor to leadership. This myth asserts that people simply either have certain charismatic qualities or not. That’s nonsense; in fact, the opposite is true. Leaders are made rather than born.” –Warren G. Bennis

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February 15, 2013

Crude Oil Breaks All-Time Records

CME Group Announces Open Interest Record in Benchmark Light Sweet Crude Oil (WTI) Futures NYMEX Brent (BZ) Reaches Multiple Trading Volume and Open Interest Records This Year CHICAGO, Feb. 14, 2013 /PRNewswire/ — CME Group, the world’s leading and most diverse derivatives marketplace, announced it reached a record in open interest for its global benchmark NYMEX […]

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February 14, 2013

SchoolOfTrade; Day Trading Strategy Morning Prep

“Enter every activity without giving mental recognition to the possibility of defeat. Concentrate on your strengths, instead of your weaknesses… on your powers, instead of your problems.”–Paul J. Meyer News for the day: This morning we open our Live Trade Room on a Thursday morning with our members, looking forward to Jobless Claims news to […]

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