The mini-russell is still sitting at the Major Resistance of 832.0 which is the completion of the major AB=CD Pattern so it is a very strong level of resistance. Price action sitting sideways at this resistance and trading in the range from wednesday. As price im going to sell until we get a pullback above […]
Continue readingOur trading strategy for the euro involves the short term bull price channel, the previous day’s trading range, and the previous price wedge below us. We have seen the buyers fail many times this week, so we’re keeping an eye on the buyers again today if they push price above the PHOD we will look […]
Continue readingThe 30-Year US Bonds are trading lower this morning, breaking below the Previous Low of Day so we want to sell retracements below the lows from wednesday. We will sell off to the wedge lows and then look to buy at the lows of the price wedge. 30 Year US Bonds Day Trading Strategy
Continue readingCrude Oil Futures trading in a bear price channel with lots of overhead resistance before we head into the 830am Jobless Claims news. we can see the price channel highs, we can see the previous high of day, and we can see the Channel resistance, AB=CD reversal Zone, and the Zig Zag Pattern reversal zone […]
Continue readingOur day trading strategy is very simple; use multiple timeframes along with the dollar index correlation to locate the highest percentage trading opportunities every day and use simple entry patterns and entry rules to qualify the trade. We begin our day trading strategy with the dollar index because of the easy correlation we can use […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— The markets are just like people; if you don’t allow time for the markets to tell you what they are trying to communicate you will never understand them. Too often we rush through our daily routine, cutting things short, and never taking the time […]
Continue readingWe began the day with a simple day trading strategy; we expected the markets to be a little sluggish without any major news until 1030am EST this morning, but we knew that the news at 1030am would be worth waiting for. We used our simple day trading strategy this morning to earn over 145 ticks of […]
Continue readingWe have crude oil futures trading at the channel highs, and the price wedge highs around the big round number of 100.00. we are expecting higher inventories today, and when we see the DEMAND reading we can react to the news accordingly. Bottom line: we want to sell the highs on crude oil futures, and […]
Continue readingThe 30-Year US Bonds, ZB contract, trading in the middle of its price wedge, at the lows of the range from Tuesday and in the middle of the major trading range over the passed 30 days. we want to sell the highs, avoid the middle, and buy the lows of the trading ranges so this […]
Continue readingThe mini-russell futures trading at the highs of a major bull price channel, and trading at the major resistance level we found using the AB=CD pattern. We want to use this major resistance as a big clue if prices rise we want to sell at 832.0 major resistance, and then look to buy a pullback […]
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