Category Archives for "Uncategorized"

August 8, 2012

Crude Oil Inventories & 10-Year Bond Auction Traders Prep

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— THE HOLE;  Professional Traders must always resist the temptation to over-complicate their busy lives by remember the value of our hole in their soul.  Think of our minds as an empty room, an glass that is empty, or a HOLE within us.  Just like the center […]

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August 7, 2012

9:55AM EST UP-DATE:

Crude Oil : Crude Oil is trading at the price wedge highs and the buyers are about to fail with the wave-pattern-long.  We look for short below the 92.60 level and take profit at the lows of the bull price channel.  There is not a lot of market personality this morning so far, without much […]

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August 7, 2012

Morning E-Mini-Russell Checklist:

Heat Map:  What is it telling us? Heat map says bullish, over 1.0% on the up-side. OHLC Analysis: We have 4 higher-highs so we look very bullish.  However, look at the 4am EST swing-high at 799.3 which was followed by another attempt to make new higher-highs that quickly failed.   You can see the swing-high and […]

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August 7, 2012

Morning FDAX Checklist:

OHLC Analysis: We are 4 for 4 new higher-highs so this market is bullish, however, we can see the 4am EST highs of 6980.0.  Keep an eye out for the price-reversal off this high if we cannot break above it. Are we inside or outside day today? Above the PHOD we are outside trading day […]

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August 7, 2012

Morning Crude Oil Checklist:

Heat Map:  What is it telling us? +0.4% says Crude Oil is bullish today, most likely from the falling dollar index and the fire at the refinery certainly didn’t hurt. OHLC Analysis: 4 for 4 higher-highs and we have successfully broken new higher-highs above the overnight highs.  This confirms we are bullish. Are we inside […]

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August 7, 2012

Morning dollar index Checklist:

Heat Map:  What is it telling us? Falling dollar index this morning -0.2% tells us there’s movement on the dollar index however, we cant use the correlation until we get below -0.3%. OHLC Analysis: 4 for 4 lower-lows and we have indeed broken overnight lows.  This is screaming bearish. Are we inside or outside day […]

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August 7, 2012

News from Canada & Ben Bernanke Traders Prep

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— BECOME A NATURAL;  Have you ever wondered how Tiger Woods can drive the golf-ball 400+ yards only to put the tiny white ball inches from his target?  Maybe a day trader?  How do professional traders analyze the market price-action using the reaction to news to make profitable trading decisions […]

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August 6, 2012

Morning FDAX Checklist:

OHLC Analysis: We have 3 out of 4 higher-highs and we have broken the overnight highs.  This tells us we are bullish. Are we inside or outside day today? Above the PHOD so we are OUTSIDE day today.  This tells us to use wave-pattern-long to enter when price pulls back.  Also tells us to sell […]

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