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Monthly Archives: April 2013
April 26, 2013
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GDP-Friday Morning Prep; SchoolOfTrade.com Day Trading Strategy
TODAYS NEWS PREP Whenever you find whole world against you just turn around and lead the world. -Anonymous This morning is Friday, but not your average end of the week trading session. This morning we have BIG news from the 2nd Quarter’s GDP report that will certainly have traders participating in the market and […]
Continue reading April 26, 2013
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Day trading levels for Crude Oil Friday
Crude Oil 60-minute Crude Oil 60-Minute: The hourly anchor chart shows us the test of a sell-zone at 93.85-94.02 and the big wick to the test-candle shows us some weakness at this level. We will be looking for a price-reversal to get price moving back lower off this sell-zone for easy selling opportunities, but remember […]
Continue reading April 25, 2013
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3 Keys to a Successful day trading career with SchoolOfTrade.com
This morning we traded live with our members in the Live Trade Room and made a great profit after taking a first-trade loss at 9:30am EST. This morning was an excellent example of how knowing the trade set-ups we teach our students, using proper risk-management, and always letting your trades RUN will help you achieve […]
Continue reading April 25, 2013
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Crude Oil Technical Prep
Crude Oil 4-Hour Crude Oil 4-Hour: We can see the 4-hour anchor chart is showing symmetry resistance at 91.35 and trigger-zone resistance at 91.99 which tells us that a 5-minute candle closing above 91.99 and we’re buying pullbacks using the Entry-Trigger Indicator. Also, a close below the 91.25 on a 5-minute candle we will be […]
Continue reading April 25, 2013
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Thursday Morning Prep; SchoolOfTrade.com Day Trading Strategy
People become really quite remarkable when they start thinking that they can do things. When they believe in themselves they have the first secret of success. – Norman Vincent Peale This morning in the live trade-room we have early-morning economic news from Jobless Claims to get the price-action moving ahead of the opening-bell at 9:30am […]
Continue reading April 24, 2013
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NEVER Fear a Loss; +100ticks using Crude Oil Squawk
This morning in our Live Trade Room we saw a clear selling opportunity after the news was released at 8:30am EST and we broke below the lows from the London Trading Session. Our first trade was a LOSS this morning, but we never let FEAR run our trading business, so we looked for our next […]
Continue reading April 24, 2013
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Locals Buying Crude Oil Futures at the PIT Session Open
Crude Oil Trading We opened the live trade room this morning and tuned into the Traders Audio Crude Oil Squawk Broadcast and Marty told us that the Local were buying the open, so we did the same thing. We held this trade all the way up to the London Session highs based on the large […]
Continue reading April 24, 2013
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Crude Oil Day Trading Price Levels for Wednesday
Crude Oil Weekly Crude Oil Weekly: The weekly chart of Crude Oil shows a big wick to last week’s candle, and this morning we can see another big candlestick wick has developed at the lows of this weekly candle. This further confirms our expectations of a rise in prices this week back up to the […]
Continue reading April 24, 2013
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Wednesday Morning Prep; SchoolOfTrade.com Day Trading Strategy
Click here to Prep for Today Motivation is a fire from within. If someone else tries to light that fire under you, chances are it will burn very briefly. – Stephen R. Covey Click here to read today’s COMPLETE Morning Prep This morning in our Live Trade Room we have early-morning economic news from Durable […]
Continue reading April 23, 2013
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Fake-Out Breakout says SHORT; Price channel says LONG +100tcks
This morning we used the fake-out breakout of the London Trading Range to enter a trade short at the open. We got bounced out of the short trade earlier than we wanted, and ended the morning buying pullbacks as we broke to new high-highs. We earned our daily profit-target for the day just before lunch. […]
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