November 17, 2011
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Fake-out breakout Day Trading Strategy
Today we used a simple fake-out breakout day trading strategy to earn our daily profit goals, and it couldn’t have been easier when you use the correct strategy. Overnight last night crude oil futures tested the highs from Wednesday, made a few ticks higher-highs and then collapsed back below the highs from Wednesday. I call […]
Continue reading November 17, 2011
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Did someone say re-test the Previous Low of Day?
Wanted to post this chart as an excellent example of how effective our strategy is when using the previous day’s trading ranges. here is the chart I posted today at 800am est, we saw this move coming a mile away! and here’s where we ended up today. right where we assumed we would settle. there […]
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Tape Reading Day Trading Strategy
Tape reading is the most important skill I ever learned as a day trader, and it was very easy to learn once I had the correct technique and strategy to use it. Reading the time and sales window, also called ‘the tape’ will be a skill that you develop more every day, and your consistency […]
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Trade the News Market Internals update at 12:00ET
Dow -19 S&P -6.2 NASDAQ -21 ***Economic Data*** – (CA) Canada Sept Int’l Securities Transactions: C$7.4B v C$4.0Be – (US) Oct Housing Starts: 628K v 610Ke; Building Permits: 653K v 603Ke – (US) Initial Jobless Claims: 388K v 395Ke; Continuing Claims: 3.608M v 3.633Me – (BR) Brazil Sept Economic Activity Index M/M: 0.0% v 0.0%e […]
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day trading strategy for dollar index, crude oil, gold, euro and russell futures
The Dollar Index is showing signs of concern this morning, starting with the 89range chart. You can see the doji candlesticks telling us a story, and we need to be patient waiting for the DX to be at major turning points in the market. Our 13range chart shows sideways slop and chop, around the OPEN […]
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Day Trading Strategies for Euro, Crude, Russell and Gold futures
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Let’s review today’s day trading strategies together in the live trade room ————————————————————————————— Around the Globe this morning: – European shares dipped lower as yields soared higher. The high peripheral yields have been the main reason for losses in the equity markets which turned for […]
Continue reading November 16, 2011
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AB=CD Pattern Trading Strategy
The AB=CD Pattern is one of the highest percentage patterns we use in our trading strategy. The AB=CD pattern is very simple to learn, and even easier to use for winning trades. I have a few different ways that I like to use the AB=CD Pattern, and I train my members on this every day […]
Continue reading November 16, 2011
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Automated Scalping Strategy for E-mini ES
Our automated trading strategies are developed with professional traders in mind, and nothing says ‘professional day trader’ like scalping the e-mini ES. One of our favorite markets, the ES is a much slower-moving market and it gives us excellent opportunities to use this automated trading strategy to earn profits. Look at the results per month […]
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Trade the News Market Internals update at 14:00ET
Dow -43 S&P -3.5 NASDAQ -5 ***Economic Data*** – (BE) Belgium Sept Trade Balance: -€540.0M v -€1.8B prior – (US) MBA Mortgage Applications w/e Nov 11th: -10.0% v +10.3% prior – (RU) Russia Oct Industrial Production Y/Y: 3.6% v 3.5%e – (US) Oct Consumer Price Index M/M: -0.1% v 0.0%e; CPI Ex Food & Energy […]
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day trading strategies crude oil, gold, russell, euro, dollar index
Dollar Index gives us a few big clues this morning. Inside the range from Tuesday we have a new bull price channel along with the AB=CD Pattern that will make our strategy easy to put together this morning. Dollar Index 13 range chart shows us much more details and a BIG RED FLAG with this […]
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