Category Archives for "Uncategorized"

June 14, 2012

Economic News Prep:

News overnight from Germany was bearish, and we heard news of the downgrade in Spain, and this gives us our first clue for bearish market sentiment overnight in the US.  The question is, will this bearish sentiment bleed over into the US morning session?  We shall see. What’s on tap for the US morning session? […]

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June 13, 2012

trading with economic news

3 Sites for the News: https://www.tradethenews.com:  Paid service, $175.mo and provides real-time AUDIO news which you cant find anywhere else. ; Free site, we use this to see what happened overnight, and to use the chart feature to see the news reports in chart-format. ; Free Site, this is considered the standard for news in […]

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June 12, 2012

Heat map up-date @ 815am EST

The heat map on our morning prep this morning shows us ALL the currencies are trading narrow and flat this morning.  The US Dollar index is trading at -0.1% and with anything below 0.2% +/- we won’t use it as a strong correlation like we often do.  We can also see the other currencies also […]

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June 12, 2012

Day trading strategy using dollar index futures

We use a negative correlation with the US dollar index futures market to make educated trading decisions that go along with our pre-determined trading plan.  Simply put, we look for trading opportunities within our simple trade plan and when the dollar index correlation confirms it we take the trade with higher confidence.  We don’t always […]

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