We begin with the dollar index, and we can see on this short-term timeframe (13range) that our price wedge is the most important. Price wedge is a major personality clue, and when we see this on the dollar index it tells us to expect the same on other markets. We then use the ‘trend channel’ […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European shares were trading in positive territory but failed to make any impressive rally due to increasing concerns over the European debt crisis. Germany’s first estimate of the Q4 GDP showed a contraction although Stats office noted that […]
Continue readingThis morning in our live trade room we took 2 winning trades on crude oil futures buying pullbacks and selling retracements. This is an easy day trading strategy to understand, however, new traders will need to learn which trades qualify as high percentage pullbacks so they make profit on each trade. How do you know […]
Continue readingOur morning routine and day trading strategies start with the dollar index, which shows us a bull price channel and 2 major support levels. We will use these levels to make educated decisions today using the negative dollar correlation. Now move to a faster dollar chart and we see a short term downtrend, with some […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European shares rose during the session after Alcoa, which kicked off US’ earnings season, met analyst’s expectations. Yesterday’s meeting between Sarkozy and Merkel , as usual, failed to ease concerns over the crisis, prompting a retreat in equities […]
Continue readingI’ve been working with new traders for over 10 years, and in the process I’ve learned the most effective ways of helping my clients launch a profitable trading career that gives them the life-changing profits they deserve. It’s no secret, learning to trade can be challenging, the biggest obstacle being our own emotions. Our emotions […]
Continue readingDisclaimer ———————————————- SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and Options trading […]
Continue readingAnother incredible day filled with trading opportunities this morning using this simple double top trading strategy along with the dollar index, crude oil futures and Mini-Russell Futures. The day began with a so-called ‘solution’ to the credit mess in Europe. Meanwhile, the White House is trying to fix this budget mess. We began the […]
Continue readingDid you hear me call this trade live in our trade room this morning? “The Pattern on Mini-Russell tells us to buy above 729.0 and hold to re-test the 745.0 area trend line” How did we know this would happen? 10 years of trading these markets means we know our price action like nobody else. Come […]
Continue reading