CRUDE OIL TRADING STRATEGY Heat Map: What is it telling us? Heat map says -0.5% so we are assumed to be bearish. Remember, the dollar index needs to keep moving higher if this market is going to keep moving lower. OHLC Analysis: 2 out of 4 aint bad, but its not going to give me […]
Continue readingDOLLAR INDEX TRADING STRATEGY Heat Map: What is it telling us? The dollar index is trading in a narrow trading range this morning. The heat map says +0.1% so we need to beware the OHLC Analysis: 3 out 4 higher-highs this says bullish. Overnight Highs & Lows: We made new higher-highs late on Thursday, and […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— EVOLUTION: The evolutionary process of learning to become a professional trader has many ways of teaching us not only how to earn profit from the market, but also about ourselves as human beings. Our process of discovery never stop loss, even when we reach the pinnacle of our […]
Continue readingCHICAGO, Aug. 9, 2012 CME Group, the world’s leading and most diverse derivatives marketplace, today announced a record in daily trading volume for its Brent crude oil futures contract. These contracts are listed by and subject to the rules of NYMEX. CRUDE OIL TRADING TODAY Brent Crude Oil Last Day Financial Futures trading volumes jumped […]
Continue readingHeat Map: What is it telling us? There is very little market personality on the E-Mini-Russell this morning with the heat map at a DEAD ZERO. Keep an eye on the market personality today this may be a day to sit-on-hands. OHLC Analysis: 3 out of 4 are higher-highs so we assume this is bullish. […]
Continue readingCRUDE OIL FUTURES Heat Map: What is it telling us? Heat map says Crude Oil is bullish today, lets use the wave-pattern-long to enter along with it. OHLC Analysis: 4 for 4 higher-highs, this tells us we should be bullish today if this trend continues Overnight Highs & Lows: We are trading above the early […]
Continue readingHeat Map: What is it telling us? Dollar index is bullish according to our heat map. A reading of 0.3% tells us we can also use the dollar index correlation. OHLC Analysis: 3 for 4 higher-highs on the 30-minute OHLC chart. Overnight Highs & Lows: We have successfully broken and held above the highs from […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— GRATITUDE: Life gives us so much to be thankful for every day, we have so much time to practice the art of gratitude, but very few of us busy professional actually take the time to do it. Look around you; the sun provides light and warmth, we feel […]
Continue readingHeat Map: What is it telling us? Crude Oil is bearish in the eyes of our heat map -0.4%. this means selling with wave-pattern-short may be our high-percentage trades today, we need to confirm with the market personality. OHLC Analysis: We look bullish in the sense that we have 4 out of 4 higher-highs however, […]
Continue readingHeat Map: What is it telling us? Heat map on the dollar index says a bullish 0.2% which is less than our minimum to use the correlation. This will change, so keep watching the heat map every 20-45 minutes. OHLC Analysis: Dollar index is very bullish, breaking above Tuesday’s highs and today’s European-session highs (overnight […]
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