We got our week started this morning with some clear signs of a sloppy monday morning and we used some clues from the dollar index and overall market personality to make an educated decision this morning to stay patient and look for only the best trades this morning gave us. The day began with us […]
Continue reading1100am EST day trading up-date: Our concerns over slower speed and low volume this morning without any major news is certainly coming true. We need to think protecting captial first is our trading strategty going into lunch. We the current market personality we know the dollar index is making this much more difficult and we […]
Continue readingWe begin our week with the dollar index, and our main strategy of using the dollar index is to locate the major turning points and the short term trend. Major turning points tell us where to look for reversals and the short term trend helps us find wave pattern to trade with the trend. As […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— ***Notes/Observations from around the world*** – Euro Zone Fin Mins to meet later today to decide what terms of a Greek restructuring they are willing to accept – IIF Chief Dalara: Banks have made ‘maximum offer’ in Greek debt talks – EU ambassadors said […]
Continue readingWe finished up an incredible week in our live trade room this morning with a challenging OPEX low-volume trading environment. We certainly had plenty of reasons to be concerned, and it WASNT simply because it was a Friday or OPEX. As I look back at my long term track record I can easily see some […]
Continue readingWe’ve been watching this sloppy price action all morning on crude oil, and we’re finally seeing our patience pay off. We knew the day would likely end exactly where it started and the price wedge, along with the double top support levels give us plenty of reason to think this thing will hit that 100.00 […]
Continue readingThe first thing on our mind when trading OPEX is that today is a friday, so we need to keep an eye on the times this morning with best market personality. There will be times of great opportunity so we need to stay focused on waiting for those instead of forcing trades that arent there. […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders “Remember to find a way to smile today, there’s always a reason. We’re not here for a long time, we’re here for a GOOD time” ————————————————————————————— ***Notes from around the world*** – Greece pushes to reach agreement in Private Sector Involvement (PSI)with Monday seen as […]
Continue readingWe used a simple day trading strategy this morning in our live trade room and used some lessons we had learned from earlier in the week to stay patient looking for the best trading opportunities after crude oil inventories were released at 1100am est this morning. The key to our crude oil trading this morning […]
Continue readingHere is a simple price reversal trading strategy we see ahead of the 10am Philly Fed News, which we expect to be bullish for crude oil futures. Our day trading strategies can be applied to any market you chose.
Continue reading