Our day trading strategy this morning involved Non Farm Payroll news. All eyes are on the US Jobs data to be released at 830am EST today. We begin our day with the grand-daddy of all the news event, Non Farm Payrolls at 830am EST. This news event is tough to trade for a few reasons. […]
Continue readingAnother busy week of trading comes to an end with another profitable week of automated trading systems from schooloftrade.com. This automated trading system can be used to accomplish anything you wish. You can use this automated trading system on 1 market or 100, trading 1 contract or 1,000, and remember, the computer does ALL the […]
Continue readingDow +76 S&P +10 NASDAQ +20 ***Economic data*** – (CA) Canada Nov Net Change in Employment: -18.6K v 20.0Ke; Unemployment Rate: 7.4% v 7.3%e – (US) Nov Change in Nonfarm Payrolls: +120K v +125Ke; Change in Private Payrolls: +140K v +150Ke – (US) Nov Unemployment Rate: 8.6% v 9.0%e – (US) Nov Avg Hourly Earning […]
Continue readingWe begin our day today with the US Dollar Index, which is sitting in its trigger zone on the 89range, this tells us the price can go higher or lower from here. The Crude Oil 34range chart shows us this easy range to sell the highs. The Dollar Index 13range chart shows us the bear […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European equities were higher led by commodities and banks as investors anticipate that US economy has added jobs in November. Another data to watch are the Canadian net change in unemployment also expected during US session. European economic […]
Continue readingOne of the most effective day trading strategies uses price channels to identify the highest percentage trades. This morning we found the Russell at the highs of a long term bear price channel, and then combined that with the highs of the range from Wednesday, and the highs of the price wedge to complete a […]
Continue readingOur automated trading systems are designed to meet the needs of any trader, and today I wanted to show you the power of using this automated trading strategy for short-term scalping opportunities on the euro currency futures. This automated trading strategy can be used 100% Fully-Automated, or you can use this to enter the trades […]
Continue readingDow -44 S+P -5 NASDAQ -4 ***Economic data*** – (BR) Brazil Nov PMI Manufacturing: 48.7 v 46.5 prior – (BR) Brazil Nov Trade Balance: $583M v $2.0Be- (US) Dec RBC Consumer Outlook Index: 40.3 v 39.6 prior – (US) Initial Jobless Claims: 402K v 390Ke; Continuing Claims: 3.740M v 3.650Me – (US) Oct Construction Spending […]
Continue readingOur day trading strategy uses the dollar index for a correlation, and the day always begins with the review of the dollar index. The 89range chart shows us the bull price channel, the trigger zone, and we are inside this trigger zone, which means we need to wait for the price to move higher or […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – The concerted act from major central banks to lower interest rate on fx swap lines was a boon for European equities markets and other global bourses. ECB along with the Fed, BoJ, BoE, SNB and BoC were prompted […]
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