Mini-Russell Day Trading Strategy using price channel and double-bottom

The mini-russell is one of our favorite markets to trade because of its great volatility and low margins for new day traders.  Our trading strategy uses the bull price channel, the previous day’s trading range, and a double-bottom on the 21-range chart to plan our day ahead. We know we’re at the highs of the […]

CRUDE Oil day trading strategy mid-morning for professional traders

Crude Oil futures have been great to us this morning using the simple trading strategy we defined earlier today.  We’ve seen lower lower and we used a retracement to get into the sell side and made 2 Fast Track Winner and picked up a ton of profit. Now the market personality is slowing down ahead […]

day trading strategy for jobless claims news

our day trading strategy begins with the dollar index, and we use this to find the short term trend and the major turning points in the market.  the dollar has a negative correlation so support on the dollar is considered resistance on the markets we trade.  We want to see the trending or about to […]

Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— ***Notes/Observations from around the world*** – Brazil posted its first  trade deficit in 2 years in January – Day 6 of the imminent Greek PSI deal  – Japanese officials continue verbal FX intervention – Xstrata confirmed talks with Glencore; Rec’d approach regarding a merger […]

Day Trading Strategies for Euro and crude oil futures

We began the day this morning with a simple day trading strategy;  be careful trading around the early-morning ADP employment report, and then be ready for news on crude oil later in the morning. We began the day with some easy clues from both of these markets, including the Russell.  First, Euro futures were trading […]

Price wedge day trading strategy crude oil and euro

Our day trading strategy begins with the dollar index, looking for major turning points and the short term trend.  This morning on the 13-range for the DX 03-12 we see the wide bearish channel and we can expect similar price movement as we saw on Tuesday going from bottom to top and then top to […]

Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— ***Notes/Observations from around the world*** – European shares rose on the session lifted by mining stocks which rallied after Chinese manufacturing rose to a 4-month high. – Far East and European PMI manufacturing better than expected; China seen avoiding a hard landing – Market […]

Day trading strategy using price wedge and price channel patterns on crude oil, euro currency futures

We began the day this morning with a simple day trading strategy; use the clues we get from the markets at 730am EST to help us create a plan for our trading, and then simply follow our trading plan.  Today our day trading strategy helped us earn over 200 ticks of profit on some very […]

We just posted our January Performance for our Auto Trader on the blog! Read more about our semi-automated trading system here.

day trading strategies for professional futures traders

Our morning trading strategy begins with the dollar index, we use a faster timeframe for indra-day trading and we look for the short term trend and major turning points on the dollar index 13-range chart.  We can see the longer term trend is down, almost sideways, with the short term trend non-existant, with a flat […]