Archive
Monthly Archives: October 2013
October 31, 2013
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Major Futures Markets Day Trading Strategies
Crude 60-Minute Crude Oil has continued to push lower and has formed a new aggressive wedge high as we descend. I am looking to take this short to 96 even and possibly a bit further down for a blow-off but with the amount of time we have from the last time we were at those […]
Continue reading October 31, 2013
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Automated Trading Strategy Review – Natural Gas Futures
NatGas Auto Trader Natural Gas is one of our oddball markets that isn’t the most active thing in the world but when it does trade it can make some absolute MONSTER trades. This past week we saw that exact thing happen and Natural Gas brought in a fantastic $4,420 this past week! The stats on […]
Continue reading October 31, 2013
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Morning Prep 10/31/13; SchoolOfTrade.com
7:30am EST Focus-Points this morning: · Happy Halloween! · Traders around the world reacting to the FOMC Report on Wednesday afternoon · FOMC says the US is still growing at ‘moderate page’ · FOMC remarks lead analysts to believe the Fed will ‘taper’, but no timeline yet · European economic news disappoints overnight · Italian […]
Continue reading October 30, 2013
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Wedge Trading Crude Oil Futures With A Golden Wave Pattern; SchoolOfTrad…
This morning we see Gold right up at the top of the wedge giving us a possible trade opportunity to hop in short from the highs of a wedge.Once we tagged the wedge highs and fell off we saw an ABC reversal pattern that gave us a signal cross as well as a Golden WAVE […]
Continue reading October 30, 2013
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FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED):
NO TAPER; WILL WAIT FOR MORE SIGNS OF GROWTH BEFORE MAKING ADJUSTMENTS – Vote 9-1 (Voting against the action was Esther L. George, who was concerned that the continued high level of monetary accommodation increased the risks of future economic and financial imbalances and, over time, could cause an increase in long-term inflation expectations.) – […]
Continue reading October 30, 2013
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Major Futures Markets Day Trading Strategies
Crude 60- Minute Crude Oil has rejected off of the wedge highs and has started to push lower. We are also expanding the wedge lows as we push further and further lower. I am looking to take this market short down to 97 even first but lower to 96.6 and the previous swing all the […]
Continue reading October 30, 2013
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Automated Trading Strategy Review – Gold Futures
Gold Auto Trader Gold has been a VERY busy market this past week taking quite a few trades in these volatile market conditions. This past week has been quite trendy which normally creates a challenge for a counter-trend strategy like the FLEX Auto Trader, so it is always interesting to see what it can do […]
Continue reading October 30, 2013
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Morning Prep 10/30/13; SchoolOfTrade.com
7:30am EST Focus-Points this morning: · Traders in the US prepare ahead of FOMC news this afternoon · Analysts do not expect today’s FOMC to result in any further policy-changes in the US · FOMC not expected to surprise anyone, but will give clues to how the Fed views the recent Govt shutdown and impact […]
Continue reading October 29, 2013
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Simple Counter-Trend Day Trading Strategy for Gold Futures
Simple Counter-Trend Day Trading Strategy for Gold Futures Every trader should have a counter-trend day trading strategy in their trading plan, and in today’s Trade-of-the-Day we will learn more about a simple way to trade against the long-term-trend. Join our Trial Membership to learn more The first thing we need is to have two chart timeframes. By […]
Continue reading October 29, 2013
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Trading Plan Structure Tutorial; SchoolOfTrade com
We take a look at Trading Plans today. What do we need them to do for us and how they should be structured to give us the best benefit. A trading plan is a VERY important part of a Day Traders arsenal and, in my opinion, every trader NEEDS to have one. Come join us […]
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