=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== Our day trading strategy for Friday’s is quite simple, and today we really needed to keep it simple after coming off a rocky Thursday in the markets. This morning we began with some light volume early because there wasn’t any major US news […]
Continue readingDo you agree with our friend Nigel? Does Greece REALLY have a democratic state? Can they REALLY decide who they have in Power? Look forward to hearing you feedback!
Continue readingDay trading strategy for Crude Oil futures The 89 range chart shows us the bear price channel and a recent higher low and lower high creates a price wedge structure. The price wedge is a big clue on a Friday morning considering we may not have all the volume we are used to during the […]
Continue readingWe’re looking for the short-term-trend and the major levels of support and resistance on the dollar index because when we see a trend we can trade AGAINST the trend with the negative correlation, and the major support and resistance will be excellent trading location and opportunities when price either reverses off these levels or successfully […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Think of the market you’re trading today like a river. Every river has times of fast movement, and slow movement. Every river has a direction, north or south, and every river has a distinct personality to it that you need to be aware of. […]
Continue reading=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning we used three clues to make educated trading decisions according to our simple day trading strategy for Crude Oil, euro, E-Mini-Russell, and gold futures. Our day trading strategy earned us a modest 30 ticks for the Advanced Method, and 40 ticks […]
Continue readingThe E-Mini-Russell trading below the PLOD so sellers are in control and we are selling retracements with new lower-lows as long as we are NOT selling into support. We can see many variations of a bull price channel and the most important price channel we see the A, B, C, and D telling us where […]
Continue readingThe euro is trading in the middle of the range in the middle of the price wedge and just below the PLOD. The sellers were not quite strong enough to finish the move lower to the price wedge lows, and when the buyers push this higher we will buy this above the PLOD. As price […]
Continue readingCrude Oil trading at the PLOD tells us the buyers have failed and the sellers are trying to push price lower. We can see the major bear price channel and the price wedge price structure which are our biggest clues from the 89 range chart on crude. 55 range chart on Crude Oil shows us […]
Continue readingWe use multiple timeframes on the dollar index to find the most important levels of support and resistance along with any short-term-trend. The 89 range chart on the dollar index showed us the big price structures, and then the faster 21 range shows us the short term trend and the most important levels above and […]
Continue reading