Archive
Monthly Archives: May 2014
May 7, 2014
- in Uncategorized by schooloftrade
Euro Currency Futures Day Trading Strategy; Selling strong resistance above
Euro 30-Minute The Euro has pushed down into the cloud where we had a minor blow-off of the lows with price rising right back up again. This gives us a VERY strong area of resistance to look to sell above at 1.3943 as well as the previous high at 1.3950 and the top of the […]
Continue reading May 7, 2014
- in Uncategorized by schooloftrade
Automated Trading Strategy Review – Euro Currency Futures
Euro Auto Trader The Euro has been quite trendy over the past few days which normally creates a bit of a difficult market condition for the FLEX Auto Trader. This past week is a perfect example of that where the FLEX only took one trade. This is a VERY good thing however as we are […]
Continue reading May 6, 2014
- in Uncategorized by schooloftrade
Day Trading Crude Oil, Gold, E-Mini Russell | SchoolOfTrade Newsletter 05/06/14
Click here to download today’s Newsletter Charts & Commentary “You cannot change your destination overnight, but with the right plan of action, you can change your direction right NOW.” Today’s Newsletter: · Markets Today: Gold asleep, Crude Oil goes sideways, Mini-Russell drops · News Today: Strong news from Europe Manufacturing, US Trade Balance · News […]
Continue reading May 6, 2014
- in Uncategorized by schooloftrade
Trader Vic’s 2B Pattern Tutorial; SchoolOfTrade.com
In today’s trading tutorial we are going to discuss one of the easiest reversal patterns you can use in any market around the world, called the ‘Trader Vic 2B Pattern’. In his book, ‘Principles of Professional Speculation’, Victor Sperandeo (known as Trader Vic) discusses a very powerful reversal pattern he calls the ‘2B Pattern’ which […]
Continue reading May 6, 2014
- in Uncategorized by schooloftrade
E-Mini Russell Futures Day Trading Strategy; Buying the wedge lows out of demand
Russell 60-Minute The Russell is currently dropping off from the highs and is smack in the middle of the wedge. I am looking for price to drop to the wedge lows in demand where the buyers have defended several times before and buy it right back up from there. I will be targeting the wedge […]
Continue reading May 6, 2014
- in Uncategorized by schooloftrade
Gold Futures Day Trading Strategy; Buying demanded lows at the BMT
Gold 60-Minute Gold has pushed up to the wedge highs where we are seeing quite a bit of selling coming in to drop price down to the demand zone below from 1299.8 – 1296.8 with the BMT floating in the middle of that range at 1297.8. I am looking to buy the BMT back up […]
Continue reading May 6, 2014
- in Uncategorized by schooloftrade
Euro Currency Futures Day Trading Strategy; Selling supplied highs
Euro 60-Minute The Euro has caught a big block of buying up into supply zone highs from 1.3927 – 1.3947 as well as 1.3952 – 1.3966. I am looking to sell this market down from here for a bit of a correction back to revisit the wedge highs down around 1.3880 and possibly lower to […]
Continue reading May 6, 2014
- in Uncategorized by schooloftrade
Crude Oil Futures Day Trading Strategy; buying the low of day
Crude 60-Minute Crude Oil is attempting to push up to the wedge highs but has yet to actually test those highs. As we are so close, price will begin to draw price closer and should magnetize price up from here. Now that we have come down to test the previous swing I am looking to […]
Continue reading May 6, 2014
- in Uncategorized by schooloftrade
Automated Trading Strategy Review – Natural Gas Futures
Nat Gas Auto Trader Natural Gas Futures have been pretty sideways over the past week but still having a bit of a a bearish overtone. We are now stuck in the middle and this chop is why the TREND Auto Trader hasn’t taken many trades this week. Even with difficult price action for the TREND […]
Continue reading May 5, 2014
- in Uncategorized by schooloftrade
Day Trading Crude Oil, Gold, E-Mini Russell | SchoolOfTrade Newsletter 05/05/14
Click here to download today’s Newsletter Charts & Commentary Cinco de Mayo Parade “The meeting of preparation and opportunity generates the offspring we call luck.” Today’s Newsletter: · Markets Today: Crude Oil tumbles, Gold waits, Mini-Russell goes sideways · News Today: China Manufacturing, Non-Farm Payrolls, Violence in Ukraine · News for Tomorrow: International Trade, more […]
Continue reading