Archive
Monthly Archives: May 2013
May 31, 2013
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Prepare for Economic News on Monday June 3, 2013
We will be ready to trade this news report at 10:00am EST on Monday June 3rd with our members in the live trade room. Econoday Economic Report: Market Focus June 3, 2013 ISM Mfg Index Definition The ISM manufacturing composite index is a diffusion index calculated from five of the eleven sub-components of a monthly survey of purchasing […]
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Major Futures Markets Day Trading Strategy
Crude Oil 60-Minute Crude Oil was once again making its way to new lows all morning. I am always looking to buy fresh lows first in the short term, while looking to sell bigger moves in the long term. Euro Futures 60-Minute Just like we thought yesterday, the Euro Futures rejected the channel highs. I am […]
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Automated Trading System Review – Crude Oil Futures
Crude Oil Auto Trader Crude Oil Futures have always been our baby. They aren’t as aggressive as the Gold Futures markets, but Crude can really give some nice opportunity. Crude Oil Futures earned a modest $400 over the past week. Come join us in the room and see how we do it!
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Gold Futures day trading strategy
Gold 15-Minute We can see from the 60-minute anchor chart that we have tested the buy-zone at the 1400 big-round-number and the 1399.0 support level. This tells us to look for a price-reversal and a buying opportunity using the clue off the anchor chart. Gold 5-Mnute The 5-minute anchor chart on Gold shows us trading […]
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Euro day trading strategy
Euro 5-Minute The euro Futures market is trading right on top of the 1.3000 big-round-number and last week’s highs. This tells us the market personality is ‘in-balance’ because we can clearly see the buyers don’t have control, and the sellers failed to push prices below the previous week’s highs after it failed. We are trading […]
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Crude Oil Day trading strategy
Crude Oil 15-Minute We can see the Crude Oil price-action trading at the lows of this short term bullish price-channel with a buy-zone below us at 92.60 area and plenty of room to move higher this morning up to the highs of the price-wedge around 93.70 area. Notice the 94.15 to 94.60 is the sell-zone […]
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Dollar-Index-correlation strategy
Dollar Index Correlation Strategy We can see BIG clues from the Dollar-Index this morning. We see a potential price-wedge which was triggered when we saw the price-action move lower into the support zone at 83.162. Based on this 83.162 we can only assume with the end-of-month today we will be trading inside a price-wedge on […]
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Friday Morning Prep; SchoolOfTrade.com Day Trading Strategy
CLICK HERE TO BEGIN I am an optimist. It does not seem too much use being anything else. – Winston Churchill This morning we wrap-up the last week of May with some important news to kick-start the price-action, which will have us looking for those high-percentage-trades early this morning. We begin with Personal Income and […]
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BIG Clues tell us to BUY Crude Oil Futures
Crude Oil Daily Crude Oil Daily: Daily anchor chart shows us we saw a big gap-down this morning, we tested the trigger-zone at 91.97 and closed much higher on the day. This is a very important clue from the last 2 daily candlesticks. This tells me that sellers tried, and failed. On top of the […]
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Prepare for tomorrow’s headline news: Personal Income May 31, 2013
Econoday Economic Report: Personal Income and Outlays May 31, 2013 We will be watching this news report, released at 8:30am EST tomorrow morning. This is considered major economic news, and we expect to see high-percentage trading opportunities around this time, so get into the trade room early on Friday.
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