June 7, 2012
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+399ticks Biggest Day of 2012 using the Fast Track Method
This morning was an excellent LIVE example of why our trading methods are so effective at helping new traders move from learning to earning in their trading careers. Today we took quite a few trades, but we will highlight our Fast Track Method trading results for today because that is the first place that each new member will […]
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Hedge Fund Webinar TODAY 4:30pm EST
Every Thursday afternoon we have our Webinar to discuss new opportunities with our Hedge Fund and Managed Accounts. Dont miss this weekly educational series on how Hedge Funds work, and how you can make profits along with us. Click here to attend today’s Webinar @ 430pm EST on Hedge Funds
Continue reading June 7, 2012
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Market up-date: technical chart review
Crude Oil is trading below the PHOD and with the dollar index above the PLOD we assume that Bernanke is saying something bullish for the USD. This means with Crude Oil below the PHOD the sellers have taken control and we will stay short to the PLOD. Take profit target on the way down at […]
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We check the Heat Map on our morning prep:
The dollar index correlation is in play with the heat map saying -0.2% on the DOLLAR INDEX. This tells us we can use this strong correlation, and if we have to chose, the BUY-SIDE will be the high-percentage trades with a falling dollar index. We can also see that Crude Oil futures are the biggest […]
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Dollar index day trading strategy
Dollar index falls lower this morning below the trigger-zone support of 82.350. clearly the strong euro after news from the ECB buying up Italian Bonds is the reason people are taking profit on the US dollar index and moving that over to the oversold euro. With the dollar index falling lower we know this will […]
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Economic News Prep:
What happened overnight? We have mixed news from Europe, no real consistency in either bullish or bearish. We saw the Italian Bonds being consumed by the ECB, but that’s about it. What’s on tap for today? (US Morning Session) Early morning Jobless Claims will get us started early before the US Open @ 930am EST. […]
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Jobless Claims, Ben Bernanke and another opportunity ahead
Professional traders understand that life, and their careers, are one continuous ongoing transition from one state to another. We have to appreciate that the hard times will pass, and the good times, they will never last forever. As traders when we feel like we’re in a bad position, we have to remember that this too will eventually […]
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+250 ticks using a simple price wedge structure and the dollar index correlation with the euro
We got off to a quick start this morning in the live trade room with early morning news that got us moving early, and some easy dollar index correlation trades using the euro. We earned over 250 ticks this morning using a simple day trading strategy that anyone can learn, and we demonstrate live in […]
Continue reading June 6, 2012
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Day trading strategy dollar index
Not much has changed from earlier this week on the dollar index chart. We can see from the 144-range chart that we’re at the price channel highs and have been trading sideways for the past few days. We can assume that when ANY market sits at new higher-highs and then trades sideways is looking for […]
Continue reading June 6, 2012
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ECB Press Conference, Crude Oil Inventories, Market Personality on our Radar
Professional traders have mastered the skill of staying centered. Our days can be chaotic at times, with lots of different things happening at once, pulling our attention and emotions in what appears to be too many directions to keep it all together. Professional traders understand that if they stay ‘centered’ they can control all the chaos by […]
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