Archive
Monthly Archives: March 2013
March 8, 2013
- in Uncategorized by schooloftrade
Mini-Russell Chart Prep
Mini-Russell Chart Prep The Mini-Russell is trading higher this week overall, but at this time we’re trading directly into the resistance at 938.0. We have two scenarios with this, we may see new higher-highs or we may see this resistance hold and price-action will move lower. If we get new higher-highs we have the directional […]
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FDAX Chart Prep
FDAX Chart Prep We can see the FDAX is trading higher this morning on both chart timeframes. We can see the anchor chart on the FDAX shows us the resistance has recently been broken at 7969.0 so we will see the buyers try to push this up to 8164.5 for the next major resistance overhead. […]
Continue reading March 8, 2013
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Gold Chart Prep
Gold Chart Prep We can see the anchor chart trading to new lower-lows this morning, breaking the double-bottom and giving us a big clue for the next few hours today. We expect one of two things to happen. First, new lower-lows the sellers will be shooting for the price-channel lows around 1540.0 Second, the new […]
Continue reading March 8, 2013
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Crude Oil Chart Prep
The anchor chart on Crude Oil tells us we are in oversold territory so the high-percentage-trades today will come when we get the price-reversal followed by a green cloud on the anchor chart. We can see we are trading towards the middle of the massive sideways-trading-range and we would love to buy-the-lows at support and […]
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Morning Prep; SchoolOfTrade.com Day Trading Strategy
CLICK HERE TO LEARN MORE “If you can imagine it, you can achieve it; if you can dream it, you can become it.” –William Arthur Ward This morning we wrap up an incredible week of trading with the BIGGEST news we can get as professional traders. Non-Farm Payrolls reports are the most prepared-for news we […]
Continue reading March 7, 2013
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SchoolOfTrade; Day Trading Strategy Morning Prep
CLICK HERE TO LEARN MORE! “If you are hurt, whether in mind or body, don’t nurse your bruises. Get up and light-heartedly, courageously, good temperedly get ready for the next encounter. This is the only way to take life – this is also ‘playing’ the game!”–Emily Post We are looking for early-morning trading opportunities but […]
Continue reading March 6, 2013
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Euro Chart Prep
Euro Chart Prep We can see the euro moving sideways in consolidation around the major support on the anchor chart. Euro Chart Prep The anchor chart tells us the high-percentage-trades will be short, however, to get into a short position we need to see new lower-lows below the recent swing-low on this anchor chart. We […]
Continue reading March 6, 2013
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Mini-Russell Chart Prep
Mini-Russell Chart Prep The anchor chart on the Mini-Russell shows us testing the 930.0 double-bottom resistance which we have used as a final profit-target for buying the lows of the price-channel. We will now look for new higher-highs above the 930.0 and then followed by a Wave Entry-Trigger to get long up to the 941.5 […]
Continue reading March 6, 2013
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Gold Chart Prep
Gold Chart Prep The anchor chart on Gold shows us trading in a sideways-trading-range at the double-bottom and symmetry support at 1565.0. If we look lower we can also see that the lows of the major bear price-channel are down around 1540.0. this tells us a few things; if price makes a new lower-lows we […]
Continue reading March 6, 2013
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Crude Oil Chart Prep
Crude Oil Chart Prep We can see the anchor chart showing us the sideways-trading-range along with symmetry support and trading towards the lows of the price-wedge. We can see there is room to keep going lower before we test the price-wedge lows, and with the bearish tone to this anchor chart (red shading) we know […]
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