Our day trading strategy for the dollar index uses multiple timeframes this morning as we look for the best levels of support and resistance along with the short term trend so we can make educated trading decisions. Remember the dollar index correlation when trading this morning. The 89-range chart on the dollar index shows us […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— The most sophisticated trading strategies are always the simplest as well. As professional traders we are constantly trying to resist the temptation from un-needed tools in our trading, and trying to over-think the markets. Professional traders strive to begin each day like a child, […]
Continue readingAnother day filled with profits in our live trade room, and this morning’s day trading strategy focused on a lot of major news coming out this morning along with a very big clue from the dollar index correlation which helped us earn 185 TICKS of profit. Joe’s Trades Today dollar Index trading strategy Our […]
Continue readingDAY trading strategy for the e-mini russell futures. today we have a perfect example of a price wedge so sell the highs and buy the lows. E-Mini Russell Day Trading Strategy
Continue readingWe’ve had an incredible day with the trading the wedge on crude oil, now its time after the news is out to do a quick recap and up-date on our next trading opportunities. Crude Oiil we sill want to sell the highs, buy the lows, and avoid the middle of the wedge. Crude Oil Trading […]
Continue readingOur day trading strategy for gold futures begins with the slowest timeframe the 233 range and we can see the big picture bull price channel along with the PHOD and the PLOD. We use the previous swing-highs to find trend lines overhead as resistance and we also see a much wider long term bear price […]
Continue readingWe use multiple timeframes for every market we trade, and you can se we lov eot use Fib numbers to chose each range chart’s value.
Continue readingThe day trading strategy for euro currency futures uses multiple timeframes, and the 89 range chart shows us the bull price channel and the major AB=CD reversal zone as resistance overhead, but the most important clues are the inside day, trend lines overhead as resistance, and the PLOD above the trigger-zone support below us. If […]
Continue readingour day trading strategy trading crude oil this morning also uses multiple timeframes and uses this 89 range chart with 12 months of data to locate this bull price channel and we can see price trading right on top of the price channel highs. We know from experience that this type of ‘location’ on the […]
Continue readingOur day trading strategy begins each morning with a detailed review of the dollar index. We use multiple timeframes to locate the most important levels of support and resistance and we start with our 89 range chart where we can see a few big clues that give us some direction today on the dollar index. […]
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