Morning Prep 10/18/13; SchoolOfTrade.com

7:30am EST Focus-Points this morning: ·       (S&P +1.50, DJI +15, NDX +12.8, 10 Year Treasury Yield 2.54%, +13/32). ·       European markets are trading higher for a 7th day to a 2008 high. ·       Asian markets closed higher. Positive data out of China. ·       Gold is Lower ·       Oil is Higher ·       US$: Lower vs. Pound; […]

US Economic News Up-Date

The government shutdown at least temporarily ended today after passage by the Senate and House of a temporary budget and lift to the debt ceiling. According to the White House, President Obama signed the legislation just after midnight, allowing government workers to return to their jobs. But the measure is temporary. The budget runs through […]

Jobless Claims: Reading Muddy Tea Leaves

Some great insight into this week’s Jobless Claims numbers, and why we need to be aware of what’s affecting them going into next week.

US Market Up-Date 12:00pm EST

– The US fiscal crisis has been shoved back a few more months, but it’s worth remembering that the deadline for the US to raise the debt ceiling again is only 107 days away (although Treasury may be able to push this back further, to March 2014).  The two figures charged with building a new […]

Russell Futures Golden WAVE Pattern Trading; SchoolOfTrade com Support

Major Futures Markets Day Trading Strategies

Crude 60-Minute Crude Oil failed to stay above the BMT and has fallen straight back lower. Crude is now sitting at the LC buy zone just above the wedge lows. I am looking to buy in this area back to the BMT at 102.19 and higher to the wedge high. I would really like to […]

Automated Trading Strategy Review – Crude Oil Futures

Crude Auto Trader Crude Oil traditionally has always been a bit more of an active market and with all of the volatility we have seen the past week or two and this past week has kept that pace up as well while still bringing in a nice sum of cash to our wallets! Crude Oil […]

Morning Prep 10/17/13; SchoolOfTrade.com

7:30am EST Focus-Points this morning: ·        US Govt Shutdown ends ·       Senate voted overwhelmingly 81-18 in favor of the end of govt shutdown and debt limit extension ·       Analysts expect the Govt Shutdown to cost the US GDP 0.6% this year ·       Traders are waiting this morning to learn when the delayed news data will […]

Major Futures Markets Day Trading Straetgies

Crude 60-Minute Crude Oil is sitting at the wedge low which is also overlapping with an LC Zone. I am looking to buy Crude back up to the wedge highs which will be around 101.50’s. If we begin to fail below this minor wedge low, I will also look to sell further down to the […]

Automated Trading Strategy Review – Gold Futures

Gold Auto Trader Gold has always been one of the more volatile and active markets that we trade and with all of the news coming out of the government lately we have seen Gold on both the FLEX and the TREND Auto Trader rockin’ and rollin’ all over the place this past week! We brought […]