June 14, 2012
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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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Jobless Claims in the US after downgrades bring the bears out in Europe
We’ve heard it all before; keep it simple. The most successful professional traders are always the best at keeping the most sophisticated trading strategies in their simplest form. This isn’t as easy as it sounds, but when you can keep it simple, avoiding the temptation to over-analyze you free your mind, your emotions, and you […]
Continue reading June 13, 2012
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Failure Patterns Earn +350ticks simple day trading strategy
+125ticks Crude Oil Fast-Track Trade This morning I had connection trouble so I was unable to record a video for today. Our members in our trade room were given tremendous opportunity to profit from our simple day trading strategy this morning and we made money from start to finish using our Fast Track Method and […]
Continue reading June 13, 2012
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Day trading strategy for the dollar index
We are still trading the 06-12 contract, along with all the other currency futures on the CME exchange. The rest of the quarterly contract rollover has been completed so keep an eye on the front-month volume on the 06-12 version of the dollar index and be ready to rollover on the 09-12 as soon as […]
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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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Retail Sales, Crude Oil Inventories Trading Opportunities ahead today
A professional traders is always a student, and never the teacher. As new traders we quickly learn the value the markets provide us in terms of education, enlightenment, and even motivation, which means while we are learning we stay very humble in order to become successful. Once we achieve success as a trader it becomes […]
Continue reading June 12, 2012
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5 Live Trades Called; 4 Wins & 1 Loss with this simple strategy
This morning was an excellent example of how effective a simple trading plan can really be. Today we used the simplest version of our trading strategy, called the Fast Track Method, to take 5 trades called ahead of time with exact entries, stop loss and profit target given so that everyone could trade along. We […]
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Here’s what to expect when you start us a member with SchoolOfTrade.com
DAY 1 = REGISTER FOR MEMBERSHIP – INSTANT ACCESS TO EVERYTHING – NO MO FEES – IT INCLUDES IT ALL! DAY 1-10 = LEARNING DAY 11-20 = PRACTICING 1 CONTRACT DEMO DAY 21-30 = LIVE TRADING 1 CONTRACT (USING JJ’S Fast Track Method CALLS) – YOU WILL AVG 30 TICKS PER CONTRACT PER TRADING DAY […]
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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 […]
Continue reading June 12, 2012
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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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