Automated trading is easy to use, and has many benefits to a trader. I personally think that new traders see a great benefit from using automated trading strategies when they are learning because it takes the pressure of the learning curve, giving them time to learn discretionary trading. Here are the most recent results for […]
Continue readingDow -200 S&P -24 NASDAQ -52 ***Economic Data*** – (BR) Brazil Sept Industrial Production M/M: -2.0% v -1.2%e; Y/Y: -1.6% v -1.0%e – (PE) Peru Oct Consumer Price Index M/M: 0.3% v 0.2%e v 0.3% prior; Y/Y: 4.2% v 4.0%e; Wholesale Prices M/M: 0.2 v 0.7% prior – (US) ICSC/GS weekly chain store sales w/e […]
Continue readingCrude oil futures are in the middle of the short term range, and if price rises I’m selling first, then buying pullback, if price falls I’m selling retracement down to the price channel lows. Higher risk below the price channel lows, so beware. Mini-Russell Futures we will sell as price rises at PLOD, and then […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Dollar Index is trading in a bear channel and it recently has tried to break the channel. The faster timeframe on the dollar shows a bull price channel Dollar Average true range tells us to be looking for trading opportunities Gold futures trading at […]
Continue readingDon’t miss these! Monster winning trade on euro this afternoon, called live in the trade room Auto Trader still making money, even on Halloween! Monday’s are always the same, start doing the little things that I know will result in the BIG things later on today. We all want to make money, and that result […]
Continue readingHey guys, what an exciting day its been! Discretionary and Auto-Trader making money today across the board, its great to be trading a method that works in all directions. Before we start our private members-only training this morning we called a few trades in a position-trade environment. In other words, not holding overnight, but it […]
Continue readingDow -143 S&P -16 NASDAQ -27 ***Economic Data*** – (SA) South Africa Sept Trade Balance (ZAR): 2.5BB v 1.0Be – (CA) Canada Aug Gross Domestic Product M/M: 0.3% v 0.2%e; Y/Y: 2.4% v 2.2%e – (CA) Canada Sept Industrial Product Price M/M: 0.4% v 0.2%e; Raw Materials Price Index M/M: +1.4% v -1.9%e – (BR) […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Dollar Index trading in a bearish price channel and we are OUTSIDE day, above the PHOD from Friday. This tells us the DX is bullish, and also gives us a nice price magnet if the sellers push it back down. Makes perfect sense to […]
Continue reading—————————————————————————————- Automated Trading Strategy Review <———CLICK HERE —————————————————————————————- Friday’s are always the same, we need to come in early, and get out early, with the goal of waiting for those 30-minute windows of great price action. All eyes on the dollar index this morning while we continue to read the reaction to the EFSF approval […]
Continue readingHi Guys, Another week of profitable discretionary trading come to an end, we earned over 150 ticks per contract using our very simple Fast Track Method, and 900 ticks on our Advanced Trading methods. Now it’s time to see how the automated trading strategy has been doing this week. Today I wanted to review crude […]
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