Archive
Monthly Archives: August 2014
Monthly Archives: August 2014
We’re almost finished with the Summer… Labor Day Weekend is upon us… and we’re excited for September and new trading opportunities! We had an incredible week in our Live Trade Room this week, lots of action and opportunity in every market. If you missed the action, here’s your weekly trading recap! —————————————————————————————— – US stocks […]
Continue readingToday we remember a dear friend of the SchoolOfTrade community, Lee Gazelle. Lee was one of the original members of our community, but most of all… he was an AMAZING person. He was a person who grabbed life by the horns and took every opportunity to seize the moment. He loved to travel with […]
Continue readingThis exhibit at the Boston Museum of Science shows proof that although we cannot determine the outcome of every trade we take, there is a statistical reliability over a long period of trades, which allows traders to make profit in the markets they trade. This illustrates the importance of risk/reward in day trading. In […]
Continue readingBuying the S&P 500 range lows allowed us to bank 2.25 points on an easy trade this morning! In today’s video we have the S&P 500 beginning to get VERY range bound and sideways. This gave us an opportunity to buy the lows of consolidation and bank a solid profit of $450! We use a […]
Continue readingRussell 6JJBar The Russell has rejected the BMT and is now coming back to test it again. I am looking to sell it from 1166.2-1167.3 right back down to the lows for another rejection. The first target will be near the lows at 1162.8 with the final projection target sitting down at 1160.8. Make sure […]
Continue readingGold 6JJBar Gold has firmly dropped below the BMT’s and into a 456 continuation WAVE lower. I am looking to sell when price retraces back to 1290.8-1291.4 right back to new lows. The first target will be near the lows at 1288.7 with the final projection target below at 1286.5. Make sure you sign up […]
Continue readingCrude 6JJBar Crude Oil has caught a big push higher from the buyers and is now in a 456 continuation WAVE. I am looking for price to pullback a bit to buy from 94.29-94.18 right back up again. The first target will be up at 94.61 with the final target above that at 94.94. Make […]
Continue readingEuro 6JJBar The Euro has pushed up and fully rejected the BMT and is now dropping lower. I am looking to sell when price retraces back to 1.3191-1.3198 right back to new lows. The first target will be near the lows at 1.3167 and the final projection target below at 1.3143. Make sure you sign […]
Continue readingGold Auto Trader Gold has had another AMAZING week bringing in, yet again, some seriously hefty profits for us! We have a total profit this week from the FLEX Auto Trader at $2,370 while also bringing in some serious stats and only taking 1 loss this past week wrapping up a strong week! Gold Performance […]
Continue readingSelling the channel highs after a trap allowed us to bank 17.50 points this morning on the NASDAQ! In today’s video we see the NASDAQ failing to push through the highs of the channel and falling off a bit. This gave us an opportunity to sell the highs of the channel and profit a solid […]
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