=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== Our day trading strategy this morning was easy; we took the whole week off last week in our trade room, so it was vital that we got back to work, back in the rhythm of the markets we trade, and back into the […]
Continue readingCrude Oil trading at the highs of its range, just above the PHOD so buyers are in control. We are looking to buy pullbacks above the PHOD with strong buying pressure, and then if the buyers fail above the PHOD we know the sellers will ‘smell the blood in the water’ and they will try […]
Continue readingThe dollar index rolled forward to the 06-12 contract this morning so reminder to check your charts to trade the current front month contract on the dollar index. We have the dollar index trading in a price wedge, inside the range from Friday and just above the PLOD. We can see support below us if […]
Continue readingWe use a combination of multiple timeframes when trading any market we chose, and here is the layout and basic bluepring of the charts we use.
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Professional traders understand that we can never be perfect. Perfection is static, and we live in a dynamic world; always changing, new ideas and new opportunities that make ‘perfection’ something that can be achieved for only a second, and then it’s gone. Professional traders […]
Continue reading=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== Every Friday we take a moment from our normal trade room routine to review our automated trading strategies included with our advanced membership. Our automated trading strategies are design with different types of traders in mind. First, you can use this automated-trader to […]
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Continue readingOur day trading strategy for gold futures is to sell the highs/resistance and buy the lows/support of the price wedge, and we also had the opportunity to sell below the PLOD and if price goes back up above the PLOD we will buy it. Gold trading just above the price wedge lows and below the […]
Continue readingWe can see the price wedge on the euro inside the major bull price channel and we’re trading at the PLOD so if we can get below the PLOD we sell retracements and if the sellers fail below PLOD and price comes back up above PLOD we buy the failure. Beware the euro is going […]
Continue readingCrude Oil day trading strategy uses the 89 range chart first, and we see the bear price channel, the inside day, and the price wedge just below 107.00. the goal this morning will be to sell as price rises above 107.45 and then I will look fake-out breakout first and then with strong buyers I […]
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