March 28, 2012
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Gold futures day trading strategy
Gold futures trading off the highs of the bear price channel and continuing in the direction of the AB=CD Pattern which will push prices lower. We can easily use the dollar index correlation this morning with gold however we need market personality on the dollar index first, so keep that in mind. The gold has […]
Continue reading March 28, 2012
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Dollar index day trading strategy
The dollar index is trading in the same location from Tuesday morning, which is at the lows of the major price wedge price structure and in the middle of the bear price channel. We can see the AB=CD pattern which will affect us later down the road, and for today we focus on the price […]
Continue reading March 28, 2012
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France considers releasing Crude Oil reserves as traders prep for Inventories & Durable Goods Reports
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional Traders understand that reading something in a book is not the same as applying a theory in the real world. We understand that in order for knowledge to truly be power, we must apply that knowledge so that it may help others and […]
Continue reading March 27, 2012
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Crude Oil, E-Mini-Russell & Dollar index correlation day trading strategy
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== We used 3 simple clues to develop a very dependable day trading strategy this morning for any market we wanted to trade, and we ended up trading Crude Oil, gold and E-Mini-Russell futures using this trading plan and earning 50 ticks of profit. […]
Continue reading March 27, 2012
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E-Mini-Russell day trading strategy
Our trading strategy for the E-Mini-Russell uses 365 days of data to find the major swing highs from almost a year ago at levels such as 848.5 and 857.3 for us to use as resistance if price keeps moving higher. We can see the bull price channel, the inside day at the PHOD, and the […]
Continue reading March 27, 2012
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Crude Oil futures day trading strategy
We have a lot going on with Crude Oil this morning. The 89 range chart shows me the major price wedge structures from the major swing highs and lows. We see the long term bear price channel and the bear price wedge structures, as well as the double-top and the trigger-zone above and below. We […]
Continue reading March 27, 2012
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Gold futures day trading strategy
The gold futures markets have been rising all morning with news from Bernanke when we spoke about being open more stimulus here in the US to aid the recovery. This leads to inflation which leads traders to seek shelter in the gold futures. We see the major price wedge structure and the major bear channels […]
Continue reading March 27, 2012
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Euro day trading strategy
The euro currency futures trading the exact opposite direction of the dollar index this morning. We can see the polar opposite bull price channel, bull price wedge, and trading at the highs. If the dollar index moves, the euro will move in the opposite direction. We see the bull price wedge and we need to […]
Continue reading March 27, 2012
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Day trading strategy dollar index
The dollar index trading lower this morning inside the bearish price channel and we have a bear price wedge structure now holding as support. We are at the lows of the price wedge, so price is expected to rise higher off this support. The price wedge gives us simple trading clues, to buy the lows […]
Continue reading March 27, 2012
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Morning Prep: Risk appetite continues to build after Fed’s Bernanke NADE speech; Demand falls in Spanish bill auctions
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— The moment you commit yourself to accomplishing a goal is the same moment when the momentum begins building in your direction. You don’t need to be a professional trader to understand the benefits of this theory. When you commit to something, you tell friend […]
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